Streaming Media Europe: Industry Announcements

Add Your Press Release

Streaming Media Europe provides this section as a service to its readers and customers.

Press releases are subject to approval by the editorial staff of Streaming Media Europe and may be edited or altered for length and clarity, or to remove unsubstantiated and unverifiable claims.

All content presented within the press release section is that of the submitter. Streaming Media Europe does not necessarily endorse such content and bears no responsibility or liability for its accuracy.


V-Nova receives Lumiere Award from The Advanced Imaging Society

V-Nova, a leading provider of video compression solutions, today announces that it has been recognised by The Advanced Imaging Society (AIS) Awards Committee for its successful application of its Point Cloud Compression technology, winning a Lumiere Award

London, UK(26 Apr 2022)

V-Nova, a leading provider of video compression solutions, today announces that it has been recognised by The Advanced Imaging Society (AIS) Awards Committee for its successful application of its Point Cloud Compression technology, winning a Lumiere Award.

Already an established member of the society, this achievement highlights V-Nova’s successful collaboration with PresenZ VR, where the V-Nova Point Cloud Compression technology was combined with the VR technology firm’s game-changing 6DoF volumetric movie format to release a movie showcasing the future of immersive metaverse and media applications.

As part of the project, V-Nova Point Cloud Compression technology was able to compress hundreds of gigabytes of data to enable the movie to become a manageable asset. This could then be used in distribution, real-time decoding and consumption on all major VR gaming setups and enable users to successfully access high-quality immersive experiences.

Built upon previous industry standards, MPEG-5 LCEVC and SMPTE VC-6, V-Nova Point Cloud Compression achieves performances that other technologies cannot attain. The resulting 6DoF technology responds accurately to the orientation and position of a VR headset. This allows the viewer to move around freely within the image with 6 degrees of freedom. 

“We’re immensely proud that the cutting-edge project we undertook with PresenZ VR to showcase 6DoF technology has been recognised by AIS for its Lumiere awards. This achievement is a testament to the capabilities of the ground-breaking Presenz VR technology, which has been fundamental to the success of this initiative,” said Guido Meardi, CEO and Co-Founder, V-Nova.

The awards ceremony took place in Las Vegas on Saturday 23rd April during the NAB Show 2022. With its Lumiere awards, AIS recognises outstanding achievement in the creation of immersive storytelling via advanced visual technologies, including virtual and augmented reality. Previous individual winners have included Jon Favreau, Victoria Alonso and Martin Scorsese.