April 19, 2007
muvee Selected by AlwaysOn as an OnHollywood 100 Top Private Company Award Winner
Recognized for leadership in emerging technology for digital entertainment and media
Singapore and New York – April 19, 2007 – muvee, the pioneer and leader in instant home movies, today announced that it has been chosen by AlwaysOn as one of the OnHollywood 100 Top Private Companies. The OnHollywood 100 is a power list of the top private emerging technology companies in digital entertainment and media. muvee was handpicked by the AlwaysOn editorial team based on a set of five criteria – innovation, market potential, customer adoption, media buzz and investor value creation.
muvee and the OnHollywood 100 will be honored at the OnHollywood digital entertainment and media event, May 1-3, 2007, at the Roosevelt Hotel in Hollywood, California. OnHollywood delves into the challenges, opportunities and business models of the digital era, and showcases the most innovative private companies that are changing the way entertainment and media is created, distributed, consumed and monetized.
OnHollywood is an important forum that presents and debates the critical issues surrounding the transformation of the entertainment economy to one based on digital technology,” said Tony Perkins, founder and CEO of AlwaysOn.
“Digital technology has transformed the way content is created and delivered to consumers everywhere. The OnHollywood Top 100 companies are an elite group of innovators who are using this technology to revolutionize the industry. ”
The OnHollywood 100 was selected from more than 1,000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts.
muvee’s software and services feature patented technologies that give people a remarkably simple way to create and share compelling, emotionally engaging productions out of unedited video clips and digital photos. U sers simply drag and drop videos, pictures and music into the application, choose a themed style and, with the push of a button, create a home movie that has the look and feel of a professionally produced music video.
A full list of all the OnHollywood 100 companies can be found on the AlwaysOn Web site at: http://alwayson.goingon.com/permalink/post/8389
Terence Swee, muvee’s founder and CEO, said, “It’s exciting to have our unique technology and approach recognized by AlwaysOn. muvee has always focused on making it easier for people everywhere to enjoy their videos and photos in a more meaningful way, and we’ll keep working to create cutting-edge products that help users unlock the emotion in their digital memories.”
About OnHollywood 2007: May 1-3 @ The Hollywood Roosevelt Hotel, Hollywood, California
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 from 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. At OnHollywood, our editors will also honor the OnHollywood 100 Top Private Companies. Fifty of the top CEOs from the OnHollywood 100 will pitch their market strategies to a panel of industry experts in our “CEO Showcase."
About muvee
muvee’s software and services feature patented technology that lets people create and share professional-quality instant home movies out of unedited video, digital pictures and music. muvee develops consumer products for a range of platforms and devices including PCs, the online space, digital cameras, camera-equipped mobile phones and photo kiosks. muvee\'s global customers include HP, Dell, Nokia, LG, Sony, Olympus, Nikon and Creative Technology.
About AlwaysOn
AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (S tanford Summit, AlwaysOn Hollywood, AlwaysOn Media and GoingGreen) and quarterly print “blogozine” by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.
Press Contact:
For muvee Technologies
Tania Chew
(718) 354-1221
tania.chew@muvee.com
For OnHollywood
Edelman
Renee Edelman
(212) 704-8249
renee.edelman@edelman.com