SOURCE: Widevine

Widevine

January 20, 2010 13:38 ET

Widevine Selected for the Red Herring Global 100

Award Recognizes the Top 100 Most Promising Technology Companies Worldwide

SEATTLE, WA--(Marketwire - January 20, 2010) - Widevine, a provider of digital entertainment solutions, today announced that the company has been selected for Red Herring's Global 100, a prestigious list honoring the year's most promising private technology ventures from North America, Europe and Asia.

Widevine plays a central role in the delivery of video to Internet-connected retail consumer electronics and the "TV Everywhere" strategies of cable, satellite and telephone companies. The company's software platform optimizes the entertainment experience for content delivered over any network to any device. The solution is natively supported in nearly all major brands and types of network connected consumer electronics including televisions, Blu-ray players, mobile devices, gaming systems and more.

"Choosing the best out of the previous three years was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed down our list from 1,200 potential companies to 200 finalists. Trying to get it down to 100 companies was a task upon itself. The top 100 companies who were chosen should be extremely proud, the competition was difficult."

Red Herring's editorial staff thoroughly evaluated the companies on both quantitative and qualitative criteria such as financial performance, technology innovation, quality of management, execution of strategy and integration into their ecosystem.

Red Herring's Global 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Google, Yahoo!, Skype, Netscape, Salesforce.com, YouTube and eBay would change the way we live and work.

"Widevine is thrilled with the validation of our business, technology and markets through the recognition by Red Herring as one of the top private technology companies," said Brian Baker, Widevine CEO. "It is an honor to be among the ranks of other companies who are leading the way in today's technological innovations."

About Widevine

Widevine provides digital media solutions for the delivery of digital entertainment to any device. Hundreds of service providers use Widevine's multiplatform, multiformat DRM and video optimization solutions for securing high quality video and audio. Today, millions of consumers enjoy digital entertainment secured and optimized by Widevine on retail consumer electronics devices and legacy STBs from all major consumer brands. With over 55 patents Widevine is an industry leader and innovator of content protection and video optimization technologies.

Widevine is a privately held corporation headquartered in Seattle, WA, funded by Cisco Systems, Inc. (NASDAQ: CSCO), Charter Ventures, Constellation Ventures, Dai Nippon Printing Co., Ltd (DNP), Liberty Global (NASDAQ: LBTYA), PaceSetter Capital Group, Phoenix Partners, Samsung Ventures America, TELUS (NYSE: TU), VantagePoint Venture Partners, Western Technology Investments and an unnamed corporation.

For more information: www.widevine.com.

All Rights Reserved. Widevine, Widevine Cypher, Cypher Virtual SmartCard, Cypher VOD, Cypher DCP, Cypher Broadcast, Cypher Express and Widevine Mensor are either registered trademarks or trademarks of Widevine Technologies, Inc. All other trademarks and trade names are the property of their respective owners. No express or implied warranties are provided for herein and all specifications are subject to change. The descriptions of Widevine Technologies' patents and other intellectual property herein are not intended for use in a legal proceeding to interpret or limit the scope or meaning of the patents or their claims, or indicate that a Widevine patent claim(s) are materially required to perform or implement any of the listed items.

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