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Red Herring recognizes Edgeware’s strong potential
based on its financial performance and unique distributed video delivery solutions
Stockholm, June, 15, 2011 – Edgeware, the technology leader in distributed video delivery,
today announces it has been selected as a winner of the 2011 Red Herring Europe Top 100
award. Red Herring recognized Edgeware’s strong financial performance and unique distributed
approach for video delivery. Timely to the explosion of demand for high-quality video
entertainment delivery on multiple devices, Edgeware’s solution allows operators to quickly and
easily implement, manage, control and monetize video content across their network.
Edgeware’s purpose-built appliances are capable of being deployed deep in the network, close
to the subscriber. As a result, Edgeware delivers the highest degree of scalability and quality of
experience (QoE) in the industry, in an extremely cost-effective fashion. This approach has the
added benefit of forming the basis of an operator’s own CDN or wholesale video delivery
network. The solutions are completely independent of the underlying infrastructure.
“Edgeware has recognized the service providers’ need for a simple and cost-efficient solution
that can keep up with the growing consumer demand for video services on any device they
choose,” said Joachim Roos, CEO at Edgeware. “With video exploding at even greater rates in
2011, we are seeing a definite uptick in demand for our distributed architecture.”
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative
criteria, such as financial performance, technology innovation, management quality, strategy,
and market penetration. This assessment of potential is complemented by a review of the track
record and standing of startups relative to their sector peers, allowing Red Herring to see past
the “buzz” and make the list a valuable instrument of discovery and advocacy for the most
promising new business models in Europe.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex
Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we
narrowed our list down from hundreds of candidates from across Europe to the Top 100
Winners. We believe Edgeware embodies the vision, drive and innovation that define a
successful entrepreneurial venture. Edgeware should be proud of its accomplishment, as the
competition was very strong.”
About Edgeware
Edgeware is the technology leader in distributed delivery systems needed for a new era
of “anytime, anywhere” TV and video. Edgeware’s next-generation purpose-built
appliances and integrated systems enable operators and carriers to cost-effectively grow
their TV and video services and scale them across their network to an increasing
number of users on any device. Edgeware is headquartered in Stockholm, Sweden, with
a U.S. office in San Jose, California.
For more information, please visit www.edgeware.tv.
For Press, Public Relations & Photography at Edgeware please contact:
Duncan Potter
Chief Marketing Officer,
Edgeware
Tel +46 7077 38545
duncan.potter@edgeware.com
Julia Fedorova
VisiTech PR
+1 (303) 752-3552 x223
EW@visitechpr.com