Contact Information: For BitGravity Terpin Communications Christina Hwang (310) 821-6100 x104 For OnHollywood Elina Heng (310) 821-6100 X 108
BitGravity Selected by AlwaysOn as an OnHollywood 100 Top Private Company Award Winner for Leadership in Emerging Technology for Digital Entertainment and Media
| Source: BitGravity
BURLINGAME, CA--(Marketwire - May 29, 2008) - BitGravity, a pioneer in Content
Delivery Networks (CDNs) for interactive broadcasting, today announced that
it has been chosen by AlwaysOn for the second year in a row 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. BitGravity 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.
BitGravity will be honored at the OnHollywood & BRiM event on June 10-11,
2008 at the Sofitel Hotel in West Hollywood, California. OnHollywood
gathers executives from both the entertainment and the technology
industries to identify and debate emerging trends in addition to building
relationships and taking advantage of potential new business partnerships.
"This year's OnHollywood 100 represents the brightest of the innovators in
the new media space. We are enthusiastic about gathering the leaders in a
collaborative environment that fuses these two industries together,
culminating in the richest, most progressive conversations on Hollywood's
digital movement," said Tony Perkins, founder and CEO of AlwaysOn.
"We are thrilled to again be included as one of the OnHollywood 100 Top
Private Companies," said Perry Wu, CEO and co-founder of BitGravity. "This
honor validates BitGravity's innovation in delivering the first HD, Live
and secure content delivery service. Our vision is to optimize the delivery
and enrichment of the world's content through an unmatched user experience
and we started with high quality, affordable Live streaming and a security
suite that enables media companies to protect and monetize their content
for less than $.02 for a full feature film."
About BitGravity
BitGravity has built the first CDN for Interactive Broadcasting, which is
optimized to deliver affordable, HD-quality video on demand, live
broadcasts, and interactive applications for massive audiences on the
Internet. BitGravity's patent-pending CDN is Tier 1, highly scalable, and
delivers the performance that consumers want and expect, including
streaming videos that play instantly, and live video with no buffering. The
company is based in Burlingame, CA and is privately funded.
About OnHollywood 2008
June 10-12 @ The Sofitel Hotel, West Hollywood, California
OnHollywood is where cutting-edge technology CEOs from the back streets of
Silicon Valley meet the Hollywood digital entertainment and media elite.
This two-and-a-half-day executive event features high-level debates on
which forces are disrupting user behavior and creating new opportunities,
content strategies and monetization schemes in the video, music, gaming,
search, and mobile industries.
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 (Stanford 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.