NeoEdge Wins Prestigious Red Herring 100 NA Award
Company Selected as One of the Most Promising Private Technology Ventures for 2009
MOUNTAIN VIEW, Calif. -- May 19, 2009 -- NeoEdge Networks, the leading digital media - advanced video advertising platform for online casual games, today announced that it has been selected as a Winner of the important Red Herring 100 North America Award. Red Herring's editorial staff rigorously evaluated and chose 200 Finalists from more than 1,000 eligible private companies, analyzing all aspects of each company and its potential for dramatic growth including: quality of management, business model, financial performance, technology innovation, global strategy execution and ecosystem integration. The 100 Winners were then announced last Wednesday night at the closing ceremony of the Red Herring North America 100 Conference in San Diego.
"We are honored to be selected as a winner of the prestigious 2009 Red Herring 100 Award," said Dan Servos, NeoEdge CEO. "This past year has seen tremendous growth for NeoEdge and its advanced video advertising platform. We have strived to attain a level of quality service for our advertisers that is unsurpassed with outstanding ROI and insightful, robust analytics & reporting. It is quite gratifying that NeoEdge continues to receive industry accolades for its unique technology and its traction in the digital media industry. This is recognition of the accomplishments of our dedicated, best-in-class team and fantastic media partners like Yahoo! Games."
"NeoEdge is the only company in the casual gaming space that recognizes and can actually guarantee premium, performing video ads as the most engaging and efficient ad platform," said Nolan Bushnell, NeoEdge Chairman. "As a result, even in today's challenging media economy, NeoEdge has continued to grow revenue by providing compelling user engagement, a broad variety of IAB video ad formats, unique overlay ads during game play and great measurable results to top brand advertisers."
"NeoEdge is tackling a large untapped space in their business segment and has built a world-class team to execute their strategy. That is why we enthusiastically endorsed them as a Red Herring 100 North America Award Winner for 2009," said Alex Vieux, Red Herring CEO.
More than just buzz - Red Herring's lists of top private companies are an important part of the renowned magazine's tradition of identifying new and innovative technology firms and entrepreneurs. Companies like Google, Yahoo!, EBay, Skype, Netscape, Salesforce.com, Twitter and YouTube were spotted in their early days by Red Herring editors as some that would change the way we live, work and play.
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 newsletters, and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation ecosystem, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available online at www.redherring.com.
About NeoEdge
NeoEdge, headquartered in Mountain View, California, is the leading digital media - advanced video advertising platform for the online casual games industry. In close partnership with game publishers, portals and advertisers, NeoEdge has revolutionized the casual gaming experience by providing safe, simple and profitable ad-supported game play through its patent-pending NeoARM(TM) technology suite and NeoAds(TM) advertising network. More than 50 top publishers rely on NeoEdge to deploy over 500 ad-supported casual games throughout the NeoEdge partner network. NeoEdge has created a robust and scalable online medium which allows advertisers to target a valuable untapped demographic with premium video ads. It enables an ad-supported business model for game publishers and web site owners. In January 2009 NeoEdge was recognized as Digital Publisher - Category Winner and an OnMedia Top 100 Private Company. To advertise with NeoEdge or learn more about increasing revenue through ad-supported casual games, please visit www.neoedge.com.
Media Contacts:
Red Herring
Xenia von Wedel, Terpin Communications
415-595-2030
redherring@terpin.com
NeoEdge
Michael Babiak
650-853-8146
michael@neoedge.com
