Rich Media Network Recognized for Continued Growth and Advertising Innovation
SAN FRANCISCO – June 23, 2008 – VideoEgg, the rich media ad network for guaranteed brand engagement, today announced it has been honored with a Stevie Award for “Best New Company – All Other Industries” at The 2008 American Business Awards. VideoEgg joins distinguished companies such as Dow Jones, Eastman Kodak, HP and FedEx Kinko’s as a winner of the renowned award.
VideoEgg provides a performance-based ad solution that enables brand advertisers to better reach consumers in social media environments, offering unprecedented accountability and flexibility with its cost-per-engagement (CPE) pricing model. An advertising innovator, VideoEgg was also the first to commercialize interactive advertising overlays onto video, an approach that is being widely adopted by the industry.
“Since its inception, VideoEgg has consistently been at the forefront of advertising and we’re honored to have our efforts recognized on a national level,” said Matt Sanchez, CEO of VideoEgg. “We will continue to focus on enhancing the consumer advertising experience while providing brands guaranteed engagement.”
More than 2,600 entries from companies of all sizes and in virtually every industry were submitted for consideration and judged across more than 40 categories. Details about The American Business Awards and the list of Finalists and Stevie Award winners are available at www.stevieawards.com/aba.
About VideoEgg, Inc.
VideoEgg is a new kind of rich media advertising network that guarantees brand engagement. The network is composed of over 50 million uniques across more than 200 leading video, gaming and social network sites as well as social applications, bringing outstanding consumer reach and engagement to its advertising partners. An advertising innovator, VideoEgg was the first to commercialize interactive advertising overlays onto video, an approach that is being widely adopted by the industry. Founded in 2005 and based in San Francisco, with offices in the United Kingdom and New York City, the company is privately held and backed by August Capital, First Round Capital, Maveron, WPP and Focus Ventures. For more information on VideoEgg, please visit www.videoegg.com