Kaltura Joins Major Industry Leaders in the WebM Project and Adds Support for the Newly Open Sourced VP8 Codec

Kaltura Now Provides a One-Stop-Shop Solution for Publishers Looking to Encode and Publish Video Content for HTML5 Video, and Enjoy the Benefits of Open Source Encoding With VP8

New York, New York, UNITED STATES

NEW YORK, NY--(Marketwire - May 19, 2010) -  Kaltura, Inc. (http://www.kaltura.com), developer of the first open source online video platform, announced today that it has joined the new WebM project, an open web media project launched today by Google. As part of its involvement in the WebM project, Kaltura has added full support for VP8, a high performance video codec optimized for the web, which is now open source under a royalty free license, to the Kaltura video platform. Additional supporters of the WebM project and VP8 codec include Mozilla, Opera, YouTube, and many major software and hardware manufacturers.

"We are very excited to be a part of such a meaningful step in securing the future of open video on the Web, together with industry leaders such as Google, Mozilla and others," said Shay David, Kaltura Co-founder & Vice President of Business and Community Development. "Kaltura has long been a thought-leader and innovator in the open video movement, with our open source online video platform and industry initiatives such as the Open Video Alliance, Video on Wikipedia (http://videoonwikipedia.org) and HTML5video.org (http://www.html5video.org). With the addition of VP8 to its open source video platform, Kaltura now offers developers, publishers, advertisers, and content owners the most robust open solution for high-quality online video publishing, management and viewing."

Kaltura provides the world's leading video platform with the broadest support for video codecs and delivery protocols in the market -- including Adobe Flash, Microsoft Silverlight and HTML5 video, as well as all underlying containers and codecs including VP8, VP6, H.264, OGG, FLV and many others. Kaltura's video tools allow publishers to provide an optimal user experience on any device. Kaltura's platform automatically adjusts video encoding and playback settings with adaptive bitrate technology, enables the configuration of custom transcoding profiles, and performs auto-detection of browsers and devices to ensure that the optimal video player, codec and bitrate are presented to the user seamlessly and in real time. These capabilities optimize the viewers' experience and shorten development times.

To learn more and sign up for a free account: http://corp.kaltura.com/technology/HTML5_Video_and_VP8

About Kaltura

Kaltura provides the world's first Open Source Online Video Platform. Over 60,000 web publishers, service providers, and developers use Kaltura's flexible platform to enhance their websites, web-services, and web-platforms with advanced customized video, photo and audio functionalities, including publishing, management, syndication, monetization and analysis, as well as content uploading and remixing. The free community-supported self-hosted software and source-code is available for download at www.kaltura.org. A commercial version of the software can be obtained at www.kaltura.com along with Kaltura services such as streaming, hosting, transcoding, analytics, ad serving, support and maintenance packages, and professional development. Founded in 2006, New York-based Kaltura is also a founding member of the 'Open Video Alliance' (www.openvideoalliance.org), a coalition of organizations dedicated to fostering open standards for online video. For more information: www.kaltura.com and www.kaltura.org.

Contact Information:

Lisa Bennett
(212) 981-3965