Tuesday 19 January 2010

Blinkx climbs the Nielsen rankings...

RNS Number : 7397F
Blinkx Plc
19 January 2010



blinkx Continues to Climb The Nielsen Company's List of Top Online Video Brands


Users turn to www.blinkx.com as online video usage continues to rise


SAN FRANCISCO, CALIF. - January 19, 2010 - blinkx, the world's largest and most advanced video search engine, today announced that it has been ranked a top online brand by the Nielsen Company. blinkx joins the ranks of YouTube, Hulu, and Yahoo as a top online video site in a recent report based on video streams for December 2009.


In addition to its ranking of top online brands, Nielsen reports that overall online video usage is on the rise. In the past year, the total number of video streams has gone up 11.8%, while the amount of time logged watching online video per viewer has increased 13.2%.


"blinkx is thrilled to be named a top online video brand by a company with the credibility and commitment to excellence of Nielsen," said Suranga Chandratillake, founder and CEO, blinkx. "We're excited to remain at the forefront of this burgeoning industry and plan to continue expanding the breadth of our index and quality of our partnerships."


As a pioneer in video search technology, blinkx has built a reputation as the most effective way to search new forms of online content such as video. With more than 650 partners and 35 million hours of indexed video and audio content, including favorite TV moments, news clips, short documentaries, music videos, video blogs and more, blinkx uses advanced speech recognition technology to deliver results that are more accurate and reliable than standard metadata-based keyword searches.


About blinkx

blinkx plc (LSE AIM: BLNX) is the world's largest and most advanced video search engine. Today, blinkx has indexed more than 35 million hours of audio, video, viral and TV content, and made it fully searchable and available on demand. blinkx's founders set out to solve a significant challenge - as TV and user-generated content on the Web explode, keyword-based search technologies only scratch the surface. blinkx's patented search technologies listen to - and even see - the Web, helping users enjoy a breadth and accuracy of search results not available elsewhere. In addition, blinkx powers the video search for many of the world's most frequented sites. blinkx is based in San Francisco and London. More information is available at www.blinkx.com.


Press Contacts for blinkx:

Nicole Love

Marlin PR

+44 207 869 8328

Nicole.love@marlinpr.com


Tim Turpin

Sparkpr

+1 (415) 321 1894

tturpin@sparkpr.com


NOMAD for blinkx

Charles Lytle

Citi


This information is provided by RNS
The company news service from the London Stock Exchange
END

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Comment: very welcome news, of course, but largely meaningless without some indication of how well - or otherwise - Blinkx is monetising that traffic and what it means for the company's bottom line and its march towards profitability.

Today's RNS has, I notice, completely failed to ignite the share price (so far, at least) - and nothing will, until the markets have much geater visibility around costs...

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