VideoEgg

[ 2006.03.14 | News Article ]

Recognized for leadership in emerging technology

SAN FRANCISCO, Calif., — (March 14, 2006) — VideoEgg, Inc. today announced that it has been chosen by OnHollywood as one of the Top 100 Private Company Innovator award winners. The OnHollywood 100 is a power list of the top private digital media and entertainment companies.

VideoEgg was handpicked by the OnHollywood editorial team based on a set of five criteria - innovation, market potential, customer adoption, media buzz and investor value creation.

VideoEgg and the rest of the OnHollywood 100 will be honored at the OnHollywood executive summit May 2-4 at The Roosevelt Hotel in Hollywood, California. The summit will focus on the challenges, opportunities and business models of the digital era, showcasing top innovative private companies that are revolutionizing the way media and entertainment is created, distributed and consumed.

The OnHollywood 100 was selected from over 1,000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts. The OnHollywood 100 consists of private companies at all stages of development, from early to late stage.

VideoEgg's straightforward approach to online video publishing focuses on simplifying digital video, making it as easy to post videos to the web as it is to post photos. VideoEgg's flagship product, The VideoEgg Publisher, is a small website plug-in dramatically simplifies the way videos are captured, edited, and published online. A "universal adapter" that reads dozens of formats and captures from hundreds of devices, including camcorders, web cams and mobile phones, the VideoEgg Publisher allows content creators to painlessly publish video in a format that anyone can watch without worrying about player compatibilities, encoding settings, or extra software.

"We scoured hundreds of applications we received to vote on the top emerging private technology companies," said Tony Perkins, founder and editor of AlwaysOn. "Selected are the companies we think are demonstrating significant market traction or pursuing game-changing technology. We expect these organizations to have a big impact for both Hollywood and Silicon Valley."

The VideoEgg Publisher's simplicity enables many new opportunities for online video publishing, such as adding video to classified ads, real estate sites, personal profiles on dating and social-networking sites, auction postings, as well as the ability to now share a video with family, friends and clients across the country or world. Video can also be used to spice up personal websites, blogs and emails and kids can be creative by adding video to their homework assignments.

"We're very proud to be selected as an OnHollywood Top 100 innovator. From day one, the entire VideoEgg team has worked hard to make internet video publishing truly simple for content creators, and it's been great to see our approach so warmly embraced by the community and industry," said Kevin Sladek, Co-Founder of VideoEgg, Inc.

A full list of all the OnHollywood 100 companies can be found on the AlwaysOn website at http://www.alwayson-network.com/comments.php?id=12031

About VideoEgg
VideoEgg offers web-based video publishing solutions which make it easy to for internet users to encode, upload, host and watch video. Its flagship product, the VideoEgg Publisher, is a small website plug-in that makes it easy for end-users to capture, edit, encode, and post digital video online. A "universal adapter" that captures directly from hundreds of devices and reads dozens of formats, the VideoEgg Publisher allows internet users to painlessly publish video in a format that anyone can watch without worrying about player compatibilities, encoding settings, or extra software. VideoEgg is funded byAugust Capital and First Round Capital. For more information, visit: http://www.videoegg.com.

VideoEgg and VideoEgg Publisher are trademarks of VideoEgg, Inc.

About OnHollywood 2006: May 2-4 @ The Roosevelt Hotel, Hollywood
OnHollywood is where cutting edge technology from the backstreets of Silicon Valley converges with Hollywood's media and entertainment elite. The two-and-a-half-day event borrows on the "film market" tradition by providing an open environment for digital media and entertainment entrepreneurs to meet the big-time studio, telco, and consumer electronics executives, venture capitalists, and media. OnHollywood delves into the challenges, opportunities, and business models of the digital era, and showcases the most innovative private companies that are revolutionizing the way media and entertainment is created, distributed, and consumed.

About AlwaysOn Network
AlwaysOn is transforming the communication business with its online blogging network for technology, media and entertainment insiders, establishing it as a leader in the Open Media revolution. Borrowing from the underground traditions of blogging and social networking, AlwaysOn (http://www.alwayson-network.com/) was launched in 2003. Today, AO's annual Summit @ Stanford and OnHollywood events, print "blogozine" and online services encourage direct collaboration between global thought leaders and technology insiders. No other media brand has dared allow such openness amongst its readers and participants. AlwaysOn, LLC, is a privately held and virtually headquartered company born out of the heart of Silicon Valley.

Press Contact
Karen D'Angelo Hopp
Connors Communications
212-798-1443
khopp@connors.com