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Akamai's Web Application Accelerator solution proves a strategic value-add inside media and entertainment companies by accelerating dynamic content and applications
CAMBRIDGE, MA/NEW YORK, NY - June 09, 2008 - Akamai Technologies, Inc. (NASDAQ: AKAM), the leader in powering rich media, dynamic transactions and enterprise applications online, and The NewsMarket, the leading platform for global brands to market and deliver video to all their audiences, today announced that Akamai's Web Application Accelerator service will be leveraged to accelerate the subscriber portal, www.thenewsmarket.com, to enable faster accessibility to Olympic-related news coming from China. The NewsMarket is also using Akamai's Media Delivery solution for Adobe Flash® streaming and Electronic Software Delivery for faster video download services for journalists.
In light of growing demand for rights-free, broadcast-standard content around the Beijing® Olympics and other topics, The NewsMarket recently launched its Beijing 2008 channel to aggregate and deliver Olympics-related content in English and Chinese. The company will implement Akamai's Web Application Acceleration and Media Delivery solutions to increase the speed in which journalists in China can preview and download raw news video clips for insertion in their editorial products. Organizations including adidas, the International Olympic Committee, Samsung and Volkswagen, as well as Wei Wei, China's musical Olympic Ambassador, are already using the channel to deliver broadcast-quality video to media outlets around the world.
The NewsMarket's online news media platform, www.thenewsmarket.com, enables global brands to upload, market and deliver news video content to more than 16,000 media outlets in 193 countries, consumers, bloggers and other online audiences.
"We are seeing unprecedented media demand for news video about China and the 2008 Olympics Games in Beijing," said Krish Menon, chief technology officer at The NewsMarket. "Working with Akamai will enable us to ensure even faster video delivery to the 16,000+ media organizations who subscribe to The NewsMarket to order content related to Olympic Games and China."
In the business of news and media distribution, news desks, journalists and editors around the world need fast and reliable access to news and media assets. According to Akamai's "State of the Internet" report, China was the source of most of the world's Internet traffic in Q1 2008. As brands and media organizations expand globally to exciting new markets such as China, and turn to the Web to create application portals for media distribution, application performance becomes challenging. The ability to search, browse and download multimedia assets quickly - without fail - is critical. Akamai's Web Application Accelerator accelerates these mission-critical business applications for increased subscriber satisfaction and reduced churn.
"The media and entertainment industry is undergoing a poignant shift as more consumers get their news and entertainment content online. To support this demand, companies are investing in Web-based applications to ensure fast, reliable and global distribution of media assets within their enterprises but also to partners, affiliates and other business outlets," said Brad Rinklin, vice president global marketing, at Akamai. "In a business where time is of the essence, Akamai's unique ability to accelerate global application performance by up to 5 times provides companies like The NewsMarket with a distinct advantage in their services."
About The NewsMarket
The NewsMarket (www.thenewsmarket.com) is the leading platform for global brands to market and deliver their video to all their audiences. The company enables corporations, government and non-profit organizations to easily share their video content with the media, blogs, consumers, online communities and other audiences globally. The company's media site (www.thenewsmarket.com) is used by more than 16,000 media outlets in 193 countries to view and order free news video for use in their programming. The NewsMarket works with many of the world’s leading brands including General Motors, Volvo Cars, Mazda, IBM, Microsoft, the International Olympic Committee, Facebook, Google and Visit Mexico. The NewsMarket is headquartered in New York, with offices in Beijing, Delhi, Dubai, London, San Francisco, Munich, Singapore, Hong Kong and Mumbai. To learn more about our capabilities, visit: www.thenewsmarket.com/postingcontent/
The Akamai Difference
Akamai® provides market-leading managed services for powering rich media, dynamic transactions, and enterprise applications online. Having pioneered the content delivery market one decade ago, Akamai's services have been adopted by the world's most recognized brands across diverse industries. The alternative to centralized Web infrastructure, Akamai's global network of tens of thousands of distributed servers provides the scale, reliability, insight and performance for businesses to succeed online. An S&P 500 and NASDAQ 100 company, Akamai has transformed the Internet into a more viable place to inform, entertain, interact, and collaborate. To experience The Akamai Difference, visit www.akamai.com.
Akamai Statement Under the Private Securities Litigation Reform Act
The release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the effects of any attempts to intentionally disrupt our services or network by unauthorized users or others, failure to have available sufficient transmission capacity, a failure of Akamai's network infrastructure, and other factors that are discussed in the Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.
Flash is a trademark of Adobe Inc. and is used for descriptive purposes only. 2008 Beijing is a trademark of the United States Olympic Committee and is used for descriptive purposes only.