DAVE Networks Selected by AlwaysOn as an OnHollywood 100 Top Private Company Award Winner
Recognized for Leadership in Emerging Technology for Digital Entertainment and Media
LOS ANGELES, CA -- (MARKET WIRE) -- April 19, 2007 -- DAVE Networks, a leading digital media
technology platform provider, 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. The DAVE Networks 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.
DAVE Networks 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.
DAVE Networks' innovative technology allows for both established and
emerging brands to build video social communities around their content,
leveraging the current user-generated content phenomena. Using DAVE
Networks' extensive API application library of video social community
tools, companies can grow a social group base and generate user
participation or awareness for any brand or affinity group. This form of
viral marketing has truly tapped into the current behavior of consumers and
has seen an explosive and very successful outcome thus far.
"As a company working to provide creative and easy solutions for new media
clients, we are extremely excited to have been selected as an OnHollywood
100 elite," said DAVE Networks CEO Rex Wong. "We pride ourselves in being
on the forefront of digital technology and look forward to providing even
more enhancements to social media in the future."
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
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 DAVE Networks
DAVE Networks, Inc. is the first provider of an integrated video
distribution and social community platform designed to ignite brands.
Founded in 2003, DAVE Networks has developed a robust set of technologies
and applications that empower brands to build digital ecosystems while
embracing online social communities. The S.O.C.I.A.L. Platform enables
brands and content owners to easily leverage the new Web 2.0 user generated
content revolution, viral content distribution and word-of-mouth marketing
to empower their user bases. For more information, please visit
www.davenw.com.
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. 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.
Contact Information:
For DAVE Networks
Terpin Communications Group
Elina Heng
Ph: 310.821.6100 x108
Email Contact
For OnHollywood
Edelman
Renee Edelman
Ph: 212.704.8249
Email Contact