Opera Mediaworks announces major milestones, product innovation and international expansion at Mobile World Congress

SAN MATEO, Calif., Feb. 20, 2014 /PRNewswire/ -- Opera Mediaworks, the world's largest mobile advertising platform, is set to make waves on its trip to Barcelona for Mobile World Congress taking place February 24 to 27. The company will be celebrating its one-year anniversary since the official launch of the Opera Mediaworks subsidiary and brand. A fully-owned subsidiary of Opera Software, Opera Mediaworks has reached multiple milestones in the last year including:

• Revenue Growth

Opera Mediaworks revenues increased 134% from Q1 to Q4 2013 with growth across-the-board in advertiser services -- from premium, performance and app-installs -- to creative services and publisher services that includes ad serving, ad mediation and rich media.

• The industry's leading mobile ad technology platform and monetization tools

Reflecting its strongly differentiated value proposition for brand advertisers, Opera Mediaworks ran a record number of campaigns in Q4 2013, attracting multiple category-leading brands and advertisers including BMW, Lexus, Mercedes-Benz, Canon, Samsung, AMEX, Mastercard, Wells Fargo, 20th Century Fox, BBC, Sony, Universal, Amazon, Google, Netflix, king.com, among others.

Opera Mediaworks powers advertising for 20 of the top 25 global media companies worldwide, and directly manages advertising on more than 14,000+ premium mobile sites and applications, managing over 65 billion ad impressions a month. The platform also enabled over $500 million in publisher revenue in 2013.

• The world's most sought-after mobile advertising audience

Opera Mediaworks has now achieved a major milestone of reaching more than 500 million unique mobile consumers a month globally.

• The largest independent and cross-platform app store in the world

The Opera Mobile Store grew its user base by 172% in one year, reaching more than 100 million monthly visitors and offering more than 200,000 apps across most platforms, including Android, Java, BlackBerry, Symbian and iOS.

• Moving with the trends of smartphone and tablet growth

Opera Mediaworks' made a substantial expansion in Latin America, helped by the addition of the Hunt Mobile Ads team, a leading mobile ad network in Latin America.

• Product and service innovation

Opera Mediaworks will be introducing a slate of new products and services at Mobile World Congress building upon the strong track record of driving innovation in rich media and video, audio and voice ads and 3rd party platforms.

Through its quarterly State of Mobile Advertising reports, Opera Mediaworks provides deep insights into the war between iOS an Android, content consumption, advertising engagement and the global mobile audience.

Opera Mediaworks' presence in Barcelona

CEO Mahi de Silva will participate in a televised panel discussion run by GSMA as part of its Mobile World Live TV series on Tuesday, February 25 from 1:00 p.m. to 1:45 p.m. These series are broadcast across the internet and on the jumbo screens scattered around the show area. Mahi will participate in one of these interviews, focusing on the success of local apps.

Scott Swanson, President, Global Advertiser Sales, Opera Mediaworks is moderating a panel discussion at the the Mobile Media Summit titled, '30,000 Feet and Climbing: What CMOs Want in Mobile.' Mobile is reshaping all aspects of the marketing and media mix and at this panel attendees will hear directly from the top minds in advertising on what their client CMOs want today and what they are looking at in the future for mobile. Panel participants will include representatives from Ogilvy, Mindshare Worldwide, Universal McCann and PHD Network.

Opera Mediaworks will be located at the Opera Software booth at MWC (Hall 5, Stand C21) and will showcase company offerings, provide demonstrations and the opportunity to interact with Opera representatives. Opera Mediaworks will also have a booth in the App Planet pavilion (Hall 8.1, Stand I16).

"Opera Mediaworks has experienced tremendous growth and expansion, building the engine that drives the mobile ad economy in 2013," says Mahi de Silva, CEO, Opera Mediaworks. "We now have the financial strength, global footprint and technology to enable and define the next generation of data-driven digital marketing. We look forward to showcasing the only end-to-end platform specializing in mobile that serves both the supply and demand side of the mobile advertising business with a global presence during this grand event."

To meet with an Opera Mediaworks representative during Mobile World Congress, please contact [email protected].

About Opera Mediaworks
Opera Mediaworks powers the mobile ad economy. Technology and service innovation has helped us become the world the biggest brand-focused mobile ad network, and the world's leading ad tech platform, delivering monetization tools to the biggest and best publishers around the globe. This comprehensive end-to-end platform offers solutions for brands, agencies, publishers and application developers. Our mission is to deliver relevance in the medium where relevance matters most - on mobile devices. We improve efficiency through technology, innovation, transparency and trust, to create an open and vibrant marketplace for publishers and advertisers across the globe.

Opera Mediaworks includes AdMarvel, a mobile ad server and mediation platform; OMAX a mobile ad exchange, Mobile Theory, a premium mobile ad network in the United States; 4th Screen Advertising Ltd., a premium ad network in the United Kingdom; and Mediaworks Performance, a results-driven, mobile ad network. Also included are impressions served within Opera mobile properties, including the Opera Mini Smart Page and the Opera Mobile Store. Opera Mediaworks is part of the Opera Group.

SOURCE Opera Mediaworks