NEW YORK, NY--(Marketwire - Nov 7, 2011) - Online video and content delivery are two of the biggest growth areas in the technology sector. According to Cisco Systems, the number of people watching video on the Internet is expected to nearly double in the next four years, while the amount of video users watch online is also projected to double to more than an hour a day. The Bedford Report examines the outlook for companies in the Technology Sector and provides investment research on Level 3 Communications, Inc. (NASDAQ: [ LVLT ]) and Raystream, Inc. (OTCBB: [ RAYS ]). Access to the full company reports can be found at:

[ www.bedfordreport.com/LVLT ]
[ www.bedfordreport.com/RAYS ]

Firms focused on content delivery are increasingly looking to cloud computing to boost customer appeal. With cloud services requiring more bandwidth due to high quality media, content delivery networks find themselves in higher demand. A report from Global Industry Analysts (GIA) estimates that the global Content Delivery Network (CDN) market is projected to reach $4.7 billion by 2015. According to the report, key factors driving market growth include increased penetration of broadband services and expanding deployments of rich-media files across media, enterprise and entertainment.

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Online video -- for example YouTube -- is booming. Credit Suisse estimates that 375 million people worldwide will watch 75 billion YouTube videos this year. One of the chief complaints regarding online video is picture quality. Raystream Inc. argues that its so-called "Compression Service" enables on-demand delivery of crystal-clear high-definition video using a company's existing network footprint. Last month the company announced it has signed its first customer contract with edgefactory OMNIMEDIA for a variable use license of the Raystream Compression Service.

Level 3 Communications is an international provider of IP-based communications services to enterprise, content, government and wholesale customers. The company recently enhanced its data center networking portfolio to simplify service deployment for its customers. Level 3's solution offers its customers a one-stop shop for ensuring their Level 3 Storage Area Networking (SAN) service is fully compatible with the latest industry hardware.

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