SOURCE: Avail-TVN

Avail-TVN

May 24, 2011 09:00 ET

Avail-TVN Selected as Finalist for the 2011 Red Herring Top 100 North America Award

RESTON, VA--(Marketwire - May 24, 2011) - Avail-TVN, the leading digital media services company, today announced it has been named a finalist for Red Herring's Top 100 North America award, which honors the year's most promising private technology ventures in North America. Finalists for this year's award were selected from hundreds of submissions.

Avail-TVN provides managed services for content owners and multichannel video service providers for the delivery of linear and on-demand content to any platform. The company's footprint currently extends throughout the US, Canada, the Caribbean and Mexico. Avail-TVN's services include licensing, encoding, asset and metadata management, delivery, marketing, sales and data analytics -- providing the expertise and insight required to assist its customers with innovative content monetization strategies.

"Avail-TVN mitigates the technological and financial obstacles for content owners and service providers who want to deliver new, advanced video services and richer content libraries to their customers," said Ramu Potarazu, CEO, Avail-TVN. "Avail-TVN is excited be recognized by the editors of Red Herring for our leadership position in the digital media services market."

Finalists for the 2011 edition of the Red Herring 100 North America award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. Companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries submitted for the award.

"This year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. Avail-TVN shows great promise therefore deserves to be among the Finalists. Now we're faced with the difficult task of selecting the Top 100 winners of Red Herring North America. We know that the 2011 crop will grow into some amazing companies that are sure to make an impact."

The Finalists will present their winning strategies at the Red Herring North America Forum in Hollywood, California, June 13-15, 2011. The Top 100 winners will be announced at a special awards ceremony the evening of June 15.

About Avail-TVN
Avail-TVN is the leading digital media services company in North America. Working with every major studio and television network, the company offers a full content line up of MPEG-4 encoded live programming as well as video on demand content in MPEG-2 and MPEG-4 to multichannel video providers throughout the US, Canada, the Caribbean and Mexico. The Avail-TVN platform is an open, advanced technology, offering the most comprehensive, end-to-end solution for licensing, managing, distributing and marketing linear and on-demand content to virtually any platform today and is extensible to support the new services of tomorrow. For more information, please visit www.avail-tvn.com.