Beamr Cloud Now Enables Automated Upgrade to Advanced, High-Performance AV1 Format Herzliya, Israel, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today announced that Beamr Cloud, the company's GPU-powered video service, now supports the automated and scalable modernization of video to the emerging AV1 format (AOMedia Video 1). This upgraded service is poised to address a significant challenge that has occupied many video indust ...

Beamr Issues Q2-2024 CEO Letter to Shareholders and Announces its First Half 2024 Financial Results Herzliya, Israel, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today issued a Letter to Shareholders from Sharon Carmel, Chief Executive Officer, including its financial results for the six months ended June 30, 2024. Dear Shareholders: I am pleased to update you on our Q2-2024 activities and progress, which include significant de ...

Beamr Issues Q2-2024 CEO Letter to Shareholders and Announces its First Half 2024 Financial Results Herzliya, Israel, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today issued a Letter to Shareholders from Sharon Carmel, Chief Executive Officer, including its financial results for the six months ended June 30, 2024. Dear Shareholders: I am pleased to update you on our Q2-2024 activities and progress, which include significant de ...

Core Insights - Beamr Imaging has developed a video optimization technology that reduces large video files for 3D design to one-fourth of their original size while maintaining high resolution and intricate details [1][4]. - The company will demonstrate this technology at SIGGRAPH 2024, utilizing Oracle Cloud Infrastructure (OCI) for optimized production of high-quality videos [3][4]. Stock Performance - Following the announcement of the video optimization, BMR stock experienced heavy trading with over 7 million shares exchanged, significantly above its daily average of approximately 1.3 million shares [2]. - Initially, BMR stock rose by up to 10% but later declined by 8.7% in the afternoon compared to its previous closing price [4][6].

Herzliya, Israel, July 29, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today announced that it will demonstrate with Oracle Cloud Infrastructure (OCI) an optimized production of large, high-quality, high-resolution videos rendered from 3D design. The demonstration will be presented at SIGGRAPH 2024, the premier conference on computer graphics and interactive tech, being held in Denver, Colorado from July 28-August 1, 2024. The Beamr Clo ...

Sharon Carmel, Beamr CEO, explained "What we experience today in how we view, use and consume video content is only the tip of the iceberg, as the video world experiences a revolution. Video processes are no longer focused on storage and streaming challenges as video itself transforms into AI video. With AI video you can, for example, search inside the video just like in text. You can find out what and who is in the video, what they are doing and what they say. Video AI capabilities also include the enhance ...

Beamr Cloud provides customers access to high-quality, fast, and scalable video optimization and transformation, thanks to Beamr's patented and award-winning Content-Adaptive-Bitrate solution (CABR), enabled by NVIDIA accelerated computing. OCI combined with NVIDIA L40S GPUs delivers powerful AI compute with advanced graphics and media acceleration. "In the AI era, with the rapid growth in video usage and the necessity to analyze video data for insights extraction, data labeling, or monetization, Beamr offe ...

Herzliya Israel, May 30, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today announced an improved tiered pricing model, including a customizable plan for enterprises, that will offer customers enhanced security and privacy features, a plan with incentives for long-term contracts and a prepaid plan. Enterprises and other companies with large video libraries and repositories face distinct challenges, and Beamr Cloud's customizable new plan ...

Herzliya Israel, May 30, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today announced an improved tiered pricing model, including a customizable plan for enterprises, that will offer customers enhanced security and privacy features, a plan with incentives for long-term contracts and a prepaid plan. Enterprises and other companies with large video libraries and repositories face distinct challenges, and Beamr Cloud's customizable new plan ...

Herzliya Israel, April 16, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ:BMR), a leader in video optimization technology and solutions, today announced that it has presented a demonstration of real-time video optimization application at the NAB Show 2024, a premier event for the broadcasting, streaming and media industry in Las Vegas, Nevada. Video usage through real-time streaming is increasing rapidly, including video AI, generative AI, sports events, and multichannel broadcasting. As a result, the ...