Digital Rapids Named to Inaugural Streaming Media 100 List for Impact on Online Video

MARKHAM, Ontario, Oct. 12, 2011 /PRNewswire/ -- Digital Rapids has been selected by Streaming Media magazine as one of the inaugural Streaming Media 100, defined by the publication as "the 100 companies that matter most in online video."

The goal of the Streaming Media 100 list was to identify the companies that are the most important, most innovative, have had the most impact on the space in the recent past and are likely to continue to do so in the future. From an initial list of nearly 200 companies proposed by Streaming Media magazine's staff and contributing editors, the judges discussed and debated the relative merits of each until arriving at the final list. Companies evaluated spanned the entire online video ecosystem, from content creation and production, to ingest and encoding, to distribution, syndication, and monetization.

"The companies in the Streaming Media 100 represent many different pieces of the online video ecosystem," said Streaming Media editor Eric Schumacher-Rasmussen, "but they all have one thing in common – the world of online video today would be markedly different without any of them. Each one, in its own way, has made the online video industry what it is today and is pushing it towards the future."

"We're excited that the respected experts at Streaming Media have recognized us as one of the most important companies in the online video space," said Brick Eksten, President of Digital Rapids Corporation. "This recognition is a testament to our commitment to providing our customers with innovative solutions that help them most effectively use streaming and multi-screen media to achieve their goals, and we're as proud of our role in our customers' continued success as we are of our own achievements. This acknowledgement is also a testament to the hard work and dedication of the entire Digital Rapids team, and I'd like to thank not only the Streaming Media 100 judges but also our own talented employees."

Digital Rapids' flexible hardware and software solutions transform video and audio into the multiple formats required by applications ranging from production and archive to multi-screen viewing on devices from PCs, tablets, mobile phones and game consoles to 'connected' and traditional television. Combining superior quality, outstanding performance and easy adaptability to dynamic customer requirements, Digital Rapids' encoding, transcoding and streaming solutions enable media organizations and professionals to maximize the potential of their media content when pursuing new revenue opportunities or new ways to reach their audiences.

Digital Rapids solutions have been adopted by thousands of worldwide customers – from leading broadcast networks, motion picture studios, multichannel video programming distributors (MVPDs), online content portals and post production facilities to corporations, government agencies, schools and churches. In 2010, four of Digital Rapids' solutions were honored with Streaming Media Readers' Choice Awards – chosen by end-users and readers of the publication – as the top products in their categories.

For more information about Digital Rapids, please visit www.digital-rapids.com.

About Digital Rapids Corporation – Digital Rapids provides the leading hardware and software solutions for transforming and delivering media, enabling the multi-platform experiences that are changing how audiences view content. Scaling from standalone appliances to global workflows, Digital Rapids solutions enable media professionals to maximize their productivity, quality, and the value of their content. Recipient of a coveted IBC Innovation Award and four prestigious Frost & Sullivan honors for encoding and transcoding leadership, Digital Rapids combines innovative technology with proven expertise to help our customers expand their audiences, increase their media revenues and reduce their costs. Digital Rapids Corporation (www.digital-rapids.com) is headquartered in Ontario, Canada with offices in the United States, the UK, Australia, Argentina and Hong Kong.

Copyright 2011 Digital Rapids Corporation. All rights reserved. Digital Rapids and the Digital Rapids logo are trademarks or registered trademarks of Digital Rapids Corporation. All other trademarks are the property of their respective holders. Features, pricing, availability and specifications are subject to change without notice.

SOURCE Digital Rapids Corporation