Competing Against 100+ Online Video Startups, 5min Honored By 300 Online Video Community Executives and Industry Experts

NEW YORK, Dec. 21 /PRNewswire/ -- 5min, a media company that operates the largest video syndication platform, was named the number one video startup of 2009 in the NY Video 2009 Top Startup Competition. Originally competing against a pool of more than 100 online video startups, 5min was joined in the final round by second-place finalist KickApps and third-place finalist Kaltura along with Zixi, Popscreen, and Adotube.

The top six finalists were selected by online vote and presented a live demo at the Columbia Business School on Dec. 17. It was then up to the decision of 300 NYVideo.org members in attendance - including industry executives and entrepreneurs within the online video community - who ultimately chose 5min as the overall winner via live SMS vote.

"New York is the online video technology and startup capital of the world," said Ran Harnevo, CEO of 5min. "Knowing this, 5min took great strides this year establishing itself as the largest media company for professionally produced lifestyle, instructional and knowledge video content. With our video syndication strategy, the VideoSeed platform technology and high profile partnerships, we shattered all of our 2009 goals. We are honored to be chosen by our online video community peers as the top video startup for 2009."

5min won top honors for its aggressive syndication platform strategy, which this year, attracted several major partners including Scripps Networks (Food Network, HGTV, and DIY Network), The Style Network, G4, For Dummies®, Meredith Corporation (NYSE: MDP), Hachette Filipacchi (Woman's Day, ELLE, Car & Driver), HealthCentral, Kiplinger and Britannica. The 5min syndication network has grown this year to include more than 400 publisher websites that attracts more than 30mm unique visitors.

5min's 2009 Highlights

• Video Library: 150,000+ premier videos from the leading media companies and top independent producers.
• Advertising: Sold out of U.S. advertising inventory for Q3 and Q4 2009.
• Destination: Established as the largest destination site for vertical lifestyle and instructional videos.
• Unique Viewers: More than 30 million monthly UVs.
• Video Streams: Streaming more than 70 million videos every month.
• Reach: Video syndication network of 400+ publisher sites.

About 5min

Online media company 5min operates the web's largest video syndication platform and the largest destination site for vertical lifestyle and instructional videos. Reinventing the cable network online, 5min reaches engaged and targeted audiences of passionate consumers through its network of more than 400 niche websites, and attracting over 30 million monthly unique viewers. The 5min video library comprises more than 150,000 short-form videos from some of the world's largest media companies, as well as the most innovative independent producers. Visit http://solutions.5min.com for more information.

SOURCE 5min

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