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[ 2008.01.03 | Press Release ]
Pioneering Video Ad Network Adds Distinguished Award to Growing List of Accolades
SAN FRANCISCO--VideoEgg Inc., the leading video ad network for online communities, today announced that it has been selected as a winner of the Red Herring 100 Global Award.
Red Herring 100 winners and finalists from North America, Europe and Asia of the last three years were eligible for this award. The Red Herring editorial team used a very competitive process to whittle down a pool of 1,800 eligible promising companies to the 100 winners of this first-time award. Evaluations were made on both quantitative and qualitative criteria, such as financial performance, innovation, management, global strategy, and ecosystem integration.
"We are excited to be recognized by Red Herring on a global scale for our continued innovation and success in online video advertising," said Matt Sanchez, CEO of VideoEgg. "This honor validates the hard work our team has done to help brands engage the right people in the right environments by delivering a compelling rich media experience."
VideoEgg’s technology helps brands connect respectfully with relevant people in social environments. VideoEgg was the first to commercialize interactive advertising overlays onto video, an approach that is being widely adopted by the industry. The Eggnetwork is composed of more than 200 top video and gaming sites, social networks and applications. Its partners include meebo, Bebo, Buzznet, imeem, Flixster, Black Planet, Military.com and dozens of leading Facebook applications.
The winning companies were announced and celebrated at the Red Herring Global event in Seattle, WA, on December 3-5.
About VideoEgg, Inc.
VideoEgg, the leading video ad network for online communities, has developed an extensive audience network that connects brands and content owners with people through an invitation-based rich media approach to advertising. An advertising innovator, VideoEgg was the first to commercialize interactive advertising overlays onto video, an approach that is being widely adopted by the industry. The Eggnetwork is comprised of over 200 top video and gaming sites, social networks and applications, bringing outstanding consumer reach and a high level of engagement to its advertising partners. Founded in 2005 and based in San Francisco, with offices in the UK and New York City, the company is privately held and backed by August Capital, First Round Capital, Maveron, WPP and Focus Ventures. For more information on VideoEgg, please visit www.videoegg.com.
About Red Herring
Red Herring is a global media company uniting the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine; an online daily technology news service; technology research, and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. For more information, visit www.redherring.com.
VideoEgg Publicity Contact:
Meredith Obendorfer
Blanc & Otus
(415) 856-5125
mobendorfer@blancandotus.comContact at Red Herring:
Jordy Brazier, Senior Manager
Tel: + 1 650 585 3524
Email: jbrazier@redherring.comMedia Contact Information and Accreditation:
Xenia Von Wedel
Terpin Communication Inc. for Red Herring
Tel: + 1 310 821 6100
Email: xenia@terpin.com
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