Modulus Video Selected for Second Consecutive Year by AlwaysOn as an OnHollywood 100 Top Private Company Award Winner

Modulus Video Selected for Second Consecutive Year by AlwaysOn as an OnHollywood 100 Top Private Company Award Winner

Recognized for leadership in emerging technology for digital entertainment and media

SUNNYVALE, Calif., April 19 /PRNewswire/ -- Modulus Video, Inc. today announced that for the second consecutive year it has been chosen by AlwaysOn as one of the OnHollywood 100 Top Private Companies. The OnHollywood 100 is a power list of the top private emerging technology companies in digital entertainment and media.

This year's OnHollywood 100 was selected from more than 1,000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts. Modulus Video was handpicked by the AlwaysOn editorial team based on a set of five criteria -- innovation, market potential, customer adoption, media buzz and investor value creation.

Modulus Video and the OnHollywood 100 will be honored at the OnHollywood digital entertainment and media event, May 1-3, 2007, at the Roosevelt Hotel in Hollywood, California. OnHollywood delves into the challenges, opportunities and business models of the digital era, and showcases the most innovative private companies that are changing the way entertainment and media is created, distributed, consumed and monetized.

Having risen rapidly to become the world's leading supplier of MPEG-4 AVC encoding solutions for IPTV service providers, Modulus Video offers a complete range of systems and solutions that enable telecommunication, satellite, broadcast, and cable operators to derive the maximum return from every bit sent over their networks. Modulus Video is supplying critical systems to companies of all sizes, from the world's largest telecommunications corporations and satellite broadcasters to the most determined rural operators. Modulus Video MPEG-4 AVC encoders enable the "everything on demand world," effectively doubling or tripling existing network capacity, enabling operators to deliver reliable, scalable, high-quality SD and HD video without sacrificing previous infrastructure investments.

"This is an extremely exciting time in the evolution of entertainment delivery and Modulus Video's MPEG-4 AVC encoding solutions are helping to drive the world's most compelling IPTV deployments," said Modulus Video Chairman and CEO Bob Wilson. "It is extremely gratifying and validating to have been nominated by the panel of industry experts and recognized again by AlwaysOn."

About OnHollywood 2007: May 1-3 @ The Hollywood Roosevelt Hotel, Hollywood, California

OnHollywood is where cutting edge technology from the backstreets of Silicon Valley converges with Hollywood's media and entertainment elite. The two-and-a-half day event borrows from the "film market" tradition by providing an open environment for digital media and entertainment entrepreneurs to meet the big-time studio, telco and consumer electronics executives, venture capitalists and media. At OnHollywood, our editors will also honor the OnHollywood 100 Top Private Companies. Fifty of the top CEOs from the OnHollywood 100 will pitch their market strategies to a panel of industry experts in our "CEO Showcase."

A full list of all the OnHollywood 100 companies can be found on the AlwaysOn Web site at: http://alwayson.goingon.com/permalink/post/8389

About AlwaysOn

AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, AlwaysOn Hollywood, AlwaysOn Media and GoingGreen) and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.

About Modulus Video, Inc.

Since its founding in 2002, Modulus Video has been the only company to focus 100 percent of its efforts on perfecting the use of the MPEG-4 AVC video compression standard. As a result, Modulus Video's powerful MPEG-4 AVC encoders are now a critical component behind today's most compelling IPTV deployments around the world, providing the most efficient use of available bandwidth and delivering outstanding standard definition and high definition television services over new and existing broadband infrastructure. Its products meet the needs of the broadcast, narrowcast and video-on-demand markets. For more information, please visit http://www.modulusvideo.com/.

First Call Analyst:
FCMN Contact:

Source: Modulus Video, Inc.

CONTACT: Media Relations for Modulus Video - Evan Sirof of Marcomm-on-
Call, Inc., +1-845-255-1909, evan@marcomm-on-call.com; or For OnHollywood -
Renee Edelman of Edelman, +1-212-704-8249, renee.edelman@edelman.com

Web site:

http://www.modulusvideo.com/
http://alwayson.goingon.com/permalink/post/8389

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