Herzliya Israel, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today announced that Sharon Carmel, Chief Executive Officer, was recently featured in the Nasdaq Amplify Issuer Spotlight interview series at the Nasdaq MarketSite.
Watch the full interview with Beamr CEO Sharon Carmel on Beamr’s investor relations website here
In the interview, Carmel highlighted Beamr’s latest advancements and shared the company's vision for the future of video technology and the industry at large. He explored how AI-driven video is reshaping the landscape, and emphasized Beamr’s leading market position, built on the capabilities of its GPU-accelerated services.
Carmel remarked: “Bringing our video optimization solution to GPUs was a defining moment for the company. We are currently performing 10 times faster at one-tenth the cost than our previous solutions. This has opened a whole new opportunity.” Carmel further explained that the GPUs accelerating Beamr’s technology are the same ones that process AI. As a result, video optimization pipelines not only reduce video size by 30%-50% and speed up transfer, but also unlock many additional capabilities.
Carmel also delved into Beamr’s journey to an IPO on Nasdaq in 2023, discussing its impact on the company and offering insights to entrepreneurs aspiring to take their companies public.
The Nasdaq Issuer Spotlight interview series explores how industry leaders within the small-cap community are evolving and navigating challenges in various industries.
Watch the full interview with Beamr CEO Sharon Carmel on Beamr’s investor relations website here
About Beamr
Beamr (Nasdaq: BMR) is a world leader in content-adaptive video optimization and modernization. The company serves top media companies like Netflix and Paramount. Beamr’s inventive perceptual optimization technology (CABR) is backed by 53 patents and won the Emmy® award for Technology and Engineering. The innovative technology reduces video file size by up to 50% while guaranteeing quality.
Beamr Cloud is a high-performance, GPU-based video optimization and modernization service designed for businesses and video professionals across diverse industries. It is conveniently available to Amazon Web Services (AWS) and Oracle Cloud Infrastructure (OCI) customers. Beamr Cloud enables video modernization to advanced formats such as AV1 and HEVC, and is ready for video AI workflows. For more details, please visit www.beamr.com
Forward-Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. Forward-looking statements in this communication may include, among other things, statements about Beamr’s strategic and business plans, technology, relationships, objectives and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations and financial performance and condition. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report filed with the SEC on March 4, 2024 and in subsequent filings with the SEC. Forward-looking statements contained in this announcement are made as of the date hereof and the Company undertakes no duty to update such information except as required under applicable law.
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