NEW YORK, NY--(Marketwire -01/10/12)- Technology companies focused on content delivery and high speed streaming have seen demand for their services skyrocket in recent years. Many content delivery companies have begun to focus on cloud computing to boost customer appeal, as cloud services require more bandwidth due to high quality media. The Paragon Report examines the outlook for companies in the Technology Sector and provides research reports on Raystream, Inc. (OTC.BB: RAYS.OB - News) and Rackspace Hosting, Inc. (NYSE: RAX - News). Access to the full company reports can be found at:
Rackspace Hosting, Inc. operates in the hosting and cloud computing industry. The company provides information technology (IT) as a service, managing Web-based IT systems for small and medium-sized businesses, as well as large enterprises worldwide. The Rackspace Cloud and CloudSwing are both built to handle the highly-flexible and on-demand environments that enterprises need to deploy in the cloud. Last month OpenLogic announced that CloudSwing can now deploy to the Rackspace Cloud and that the company has entered into the Cloud Tools program with Rackspace Hosting.
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Raystream Inc. provides video compression technology to businesses and consumers worldwide. The company's technology reduces the file size of high definition (HD) videos with no loss in clarity or quality. Last week Raystream announced a variable use license agreement with Grencomm. Among Grencomm's many products and services is RUSH TV, Grenada's first online television station that is now streaming in excess of 35 countries.
Grencomm plans to use Raystream's compression technology to reduce the size of HD video files it streams through RUSH TV.
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