ImageSpan Inc. Selected by AlwaysOn as an OnHollywood 100 Top Private Company Award Winner
Recognized for leadership in emerging technology for digital entertainment and media
Sausalito, CA – May 29, 2008 – ImageSpan Inc., which provides enabling infrastructure for digital content licensing, 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. ImageSpan 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.
ImageSpan along with the rest of the OnHollywood 100 will be honored at the OnHollywood & BRiM event on June 10-11, 2008 at the Sofitel Hotel in West Hollywood, California. OnHollywood gathers executives from both the entertainment and the technology industries to identify and debate emerging trends in addition to building relationships and taking advantage of potential new business partnerships. The first annual Broadband Rights Marketplace (BRiM) will launch an online network that supports new creative projects and offers a digital-rights exchange and auction.
LicenseStream Creator subscribers can now use the new plug-ins to access the platform directly from within Adobe Photoshop Lightroom, the professional photographer's essential toolbox, which provides one application for managing, adjusting, and presenting large volumes of digital photographs. Subscribers also can access the platform from Adobe Bridge CS3 via an Adobe Flash® Plug-in that initiates the licensing process. Adobe Bridge CS3 is a media manager that literally serves as the "bridge" between the applications in the Adobe Creative Suite, enabling files to be moved quickly through varied workflows. Subscriptions to the LicenseStream Creator service will start at $39.99 per year.
"This year's OnHollywood 100 represents the brightest of the innovators in the new media space. We are enthusiastic about gathering the leaders in a collaborative environment that fuses these two industries together, culminating in the richest, most progressive conversations on Hollywood's digital movement," said Tony Perkins, founder and CEO of AlwaysOn.
The OnHollywood 100 was selected from more than 1000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts.
ImageSpan's enabling infrastructure for content licensing addresses a major barrier to profitability for entertainment and media companies and advertising agencies: today's manual processes for digital content licensing. Current manual processes do not work for transactions on complex, distributed networks. Built for the Web 2.0 world of mashups and multi-copyright-holder content projects, ImageSpan can track and distribute millions of royalty payments to affiliates, content partners, creators and advertisers. ImageSpan uses patent-pending license token technology, running as a managed service. Enterprise partners using the ImageSpan platform include Omnicom, Visible World and online advertising agencies. ImageSpan also is deploying with Adobe Systems, among others.
"We are honored to be recognized for a second time by AlwaysOn for addressing a massive need for the licensing of licensing intellectual property across widely distributed networks," said Iain Scholnick, chief executive officer, ImageSpan. "Both LicenseStream, our simple-to-use, online content licensing service, and CurbStream, our hyperlocal video production network services, streamline the process of content acquisition and syndication to dramatically lower costs and accelerate the time-to-market for all types of digital content so entertainment and media companies and advertising agencies can meet changing market conditions and make the most of their digital assets."
A full list of all the OnHollywood 100 companies can be found on the AlwaysOn Web site here.
For more information about the LicenseStream service, go to www.licensestream.com
About ImageSpan
ImageSpan independently offers a comprehensive suite of applications and tools for use with all types of media, connecting buyers and sellers to find, buy and legally settle royalty payments in minutes, rather than months. ImageSpan is a trusted solution provider and is the exclusive provider of license registry services to the PLUS Coalition, the multi-nation and multi-industry standard for image licensing. For more information, please go to www.imagespan.com or call 1-415.259.4529.
ImageSpan Media Contact:
Laura Evenson
415.465.2711
levenson@imagespan.com
