SOURCE: Weblin

July 17, 2008 11:01 ET

Weblin Selected by AlwaysOn as an AO Global 250 Winner Recognized for Game-Changing Technology and Market Value

BOSTON, MA--(Marketwire - July 17, 2008) - Weblin, a universal avatar solution that allows you to communicate on any site as you surf the Web, today announced that it has been chosen by AlwaysOn as one of the AO Global 250 Winners. Inclusion in the AO Global 250 signifies major developments in the creation of new business opportunities in the global technology industries. Weblin was specially selected by the AlwaysOn editorial team and other industry experts spanning the globe, based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

Weblin and the AlwaysOn Global 250 Top Private Companies will be honored at the AlwaysOn & STVP Summit at Stanford scheduled to occur on July 22-24, 2008 at Stanford University. This two-and-a-half day executive event highlights the significant economic, political and commercial trends disrupting the global technology industries, and features the most innovative companies, eminent technologists, influential investors and journalists in keynote presentations, panel debates and private company CEO showcases.

Fifty of the top CEOs from the AO Global 250 will present their market strategies to a panel of industry experts in a "CEO Showcase."

"The AO Global 250 winners have excelled in key strategic areas in the global technology markets," said Tony Perkins, founder and CEO of AlwaysOn. "We congratulate weblin for their success in introducing new tools, services, and platforms that are driving the next phase of innovation and creating real value at an economically uncertain time."

The AO Global 250 was selected from over hundreds of companies, nominated by a panel of industry experts in the online technology, media, entertainment, enterprise and greentech sectors from around the world.

Weblin (www.weblin.com) is a tool that allows Web surfers to make themselves visible to other users by assigning an avatar, or "weblin" to depict a user at the bottom of a Web site. With the application, weblins who are on the same site at the same time will see each other and be able to communicate in real-time. Weblins are able to chat, move and display a range of actions in 3D. A browser-based version of the tool, weblin lite (http://lite.weblin.com), is also available and requires no download or registration.

A full list of all the AO Global 250 winners can be found on the AlwaysOn Web site at http://alwayson.goingon.com/permalink/post/27959

"Weblin is thrilled to be recognized among this elite group of innovators," said Marc Theermann, GM North America of weblin. "Internet users today demand tools that enable greater interaction, and weblin's free avatar-based browsing application transforms what has traditionally been an individual activity into a dynamic, community experience."

About weblin

Weblin was founded in 2006, and is funded by T-Venture Holding, one of Germany's leading venture capital firms. The company has received multiple Web 2.0 innovation prizes including Red Herring Europe 100, and Business 2.0 magazine recently voted weblin to be one of the most promising non-U.S. Web 2.0 companies. Companies such as Microsoft, IBM, and Italian car maker Lancia are already using weblin to expand the reach of their community, create stickiness, and provide a revolutionary immersive Web experiences. For further information, please visit: http://www.weblin.com.

About AlwaysOn

AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a community blog network. In 2004, AlwaysOn continued to lead the industry in innovation by engaging its bloggers in a social network. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, OnHollywood, OnMedia, GoingGreen, NordicGreen, and Venture Summit East and West) and quarterly print "blogozine." No other media brand has dared to create such open interaction with its readers and event participants.