Conduit Selected by AlwaysOn as an OnHollywood 100 Top Private Company Award WinnerApril 23, 2007
Conduit, the leading platform for building online communities via community toolbars today announced that 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 and was selected from more than 1,000 companies that were peer-nominated by leading venture capitalists, investment bankers and industry analysts. Conduit 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.
Conduit was recognized for its breakthrough innovation in creating a game-changing, persistent digital media channel. With over 12 million users, 130,000 publishers and a new user every 2 seconds, Conduit has seen explosive growth in less than two years in business. Conduit empowers publishers to convert casual site visitors into passionate community members via a customizable community toolbar that users can download to connect instantly and persistently with the publisher. For example, Major League Baseball connects fans with their favorite teams in real-time and all the time via a community toolbar, powered by Conduit. Fans can listen to games, get instant score updates, read team news alerts, chat with other fans, buy tickets, and more — all from their community toolbar. In addition to major names in entertainment like MLB, John Mayer and Taylor Hicks, Conduit has also gained remarkable traction with long tail publishers, due to its free, hosted, turnkey service that is easy to use and quick to launch. Anyone can create, and instantly launch, their community toolbar at www.conduit.com.
"We are thrilled to be one of the elite few chosen to be honored with this distinction by AlwaysOn,” said Ronen Shilo, CEO, Conduit. “Conduit has transformed toolbars into digital media platforms for building engaged online communities, and we are proud to be recognized for our achievements."
"OnHollywood is an important forum that presents and debates the critical issues surrounding the transformation of the entertainment economy to one based on digital technology,” said Tony Perkins, founder and CEO of AlwaysOn. “Digital technology has transformed the way content is created and delivered to consumers everywhere. The OnHollywood Top 100 companies are an elite group of innovators who are using this technology to revolutionize the industry."
Conduit 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.
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 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."
About Conduit
Conduit is the leading platform for building online communities via community toolbars. Online publishers can use Conduit to quickly and easily create a free community toolbar to persistently connect and engage their users via the browser. Conduit delivers unprecedented community loyalty and site traffic for over 130,000 publishers, including major brands such as Major League Baseball, Fox Carolina TV, Greenpeace, REMAX, TechCrunch, Blogdigger and small and medium organizations in 112 countries around the globe. Conduit’s innovative search monetization model allows the service to be completely free and without adware, malware and spyware. The company is privately-held with headquarters in Israel and Redwood Shores, CA. For more information about Conduit, visit www.conduit.com or email info@conduit.com.
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.
Press Contact for Conduit
Lisa Dilg
PerkettPR for Conduit
313.399.0892
lisa@perkettpr.com
Press Contact for OnHollywood
Renee Edelman
Edelman
212.704.8249
renee.edelman@edelman.com