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Wednesday, June 11, 2008

Delve Networks Launches Next Generation Internet TV and Online Video Publishing Platform

Delve Networks Launches Next Generation Internet TV and Online Video Publishing Platform

Platform features advanced semantic video web technology that allows users to find exactly what they want within video content

LOS ANGELES and SEATTLE, June 11 /PRNewswire/ -- Delve Networks, formerly Pluggd Inc, today launched its breakthrough Internet TV and online video publishing platform. In addition to hosting video content, Delve's platform gives content publishers all the necessary tools to upload, manage and track the performance of their online video. With its semantic video web technology and HeatMap interface, Delve becomes the first video platform to enable users to navigate within a hosted video file to find the exact content they want.

"Technological innovation is driving the proliferation of online video and we have introduced the most advanced video platform in the industry," said Alex Castro, CEO of Delve Networks. "But while web video has been growing at a geometric rate, existing platforms haven't kept pace. We offer a more intelligent approach to managing and publishing video, because of our system's ability to look inside the video itself. Delve allows users to navigate to the content they want to see inside a program, bringing the power of search and the ease of DVR-style navigation to online video."

Delve processes video through its proprietary semantic layer, which creates a visual map of each video, allowing users to find the exact content they want within a program. The platform supports the H.264 video codec delivering exceptional video quality at low bandwidth rates.

"Delve's platform allows users to find the topics they want inside the high quality video that we produce," said Romy Randev, director of business development at Soma Media. "We find that the HeatMap technology is particularly compelling, as it saves users time and gives them an instant 'visual map' of a video file. This kind of innovation is raising the bar for video publishing on the Web."

The user-friendly platform design features a number of tools that facilitate efficient use. The platform's interfaces and management tools allow for file uploads, creating video channels and running a variety of usage metrics and analytics. The platform also supports a wide range of advertising units, including the recently ad units standardized by the Internet Advertising Bureau.

"We were attracted to Delve's video platform, because it's the most advanced end-to-end solution for publishing video on the web today," said Colin Kimball, president of content development at Small Screen Network. "We especially like the way that Delve enables users to navigate inside our video programming. This is the kind of game changing technology that video publishers are looking for."

The online video industry has seen its popularity skyrocket in the past year. According to comScore U.S. customers watched 11.5 billion online videos in March, up 64 percent from the previous year. By 2013, one billion people will watch videos online, projects ABI research.

About Delve Networks

Delve Networks is changing video on the Internet with is advanced Video Platform. The company's advanced; patent-pending technology meets the market's need for efficient video publishing and monetization of video content. The Seattle-based company, founded in 2006 by industry veterans from Amazon, Yahoo, Microsoft, Inktomi, RealNetworks, and Bell Labs, uses proprietary semantic video web technology to allow users to find the content they want within video. Delve is backed by DFJ Frontier, Intel Capital, and Labrador Ventures. For more information and to view a demo, visit www.delvenetworks.com.

For more information on Soma Media, please visit: http://www.soma-media.com/

For more information on Small Screen Network, please visit: http://www.smallscreennetwork.com/

First Call Analyst:
FCMN Contact:


Source: Delve Networks

CONTACT: Sam Fletcher | CJP Communications, for Delve Networks, formerly
Pluggd Inc., +1-212-279.3115 ext 248, sfletcher@cjpcom.com

Web site:

http://www.delvenetworks.com/
http://www.soma-media.com/
http://www.smallscreennetwork.com/


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