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KickApps Corporation, the leader in hosted social media platforms, and Akamai Technologies, Inc. (NASDAQ: AKAM) the leading service provider for accelerating content and applications online, today announced significant industry momentum and adoption by media & entertainment companies and global brands for the Akamai-powered KickApps solution that is designed to allow companies to create and cultivate social media communities. During Q2 2007, companies including BET Networks, Scripps, HBO-Cinemax, and VIBE Magazine adopted the social media offering. The KickApps platform enables customers to rapidly deploy community functionalities, such as, user-generated content, social networking, editorial video, syndication of content using Widgets, and media and community management capabilities, on their own websites. These companies add to the over 4,000 organizations that have deployed the Akamai-supported KickApps solution.
"Media & entertainment companies and brand owners are realizing the value that social media delivers against their business objectives," said David George, EVP of Business Development and Client Services, KickApps. "Whether to foster greater affinity for a brand or to generate increased advertising revenue, social media and editorial video are being embraced as effective tools by the industry. Working with Akamai allows us to offer our joint customers a solution that delivers social media on a platform that is specifically designed to handle large amounts of dynamic, rich media content from simultaneous media uploads, playback and user interaction."
The advanced media moderation capabilities of the KickApps platform make it easy to manage the massive amount of content being contributed by communities. Akamai's flexible and powerful social media capabilities are uniquely equipped to handle the needs of both site owners as well as technology providers through a blend of media management, content and rich media application acceleration capabilities, as well as the ability to optimize the 'wide footprint' of social media content. Community and site owners can now focus on what they do best: create highly engaged, active and rewarding communities.
"Many of our customers are investigating and implementing social media initiatives," said Bill Wheaton, Vice President of Digital Media, Akamai Technologies. "The KickApps platform is one of the most complete social media platforms in the industry and by leveraging both companies' solutions, joint customers get the reliability needed when investing in high-priority social media initiatives. With Akamai, KickApps now has a platform for innovation that can effectively handle the sophisticated demands that user-generated content brings, such as uploading and transcoding of video, application sharing, and the spontaneous brushfire effect of viral media. We're excited by the momentum so far this year and look forward to continuing to help our joint customers take advantage of the benefits of social media."
Adding social media capabilities to an existing web site is the best way to engage people who want to associate with particular content or a brand. By providing a platform where users can easily add, share and view content and profiles, communicate with other members, and virally syndicate content around the web, these companies are able to drive engagement on their site and keep people coming back.
"VIBE has been aggressively experimenting with how social media can impact the way our readers interact with the VIBE brand and also each other," said John DeMarchi, General Manager, VIBE Digital Media. "The ease with which we were able to deploy KickApps and the breadth of the platform were an easy selling point for us. The results we’ve generated using KickApps have sealed the deal. Social media and KickApps are here to stay at VIBE."
KickApps provides a broad range of applications that enable social media functionality on any Web site, dramatically increasing audience growth, fostering deep consumer relationships and creating new revenue opportunities. The company’s platform combines the scalability and flexibility required by major brands with the ease of implementation necessary for smaller, independent properties. Formed in 2005 and headquartered in New York, NY, thousands of companies rely on KickApps, including Scripps Networks Interactive, BET, Kraft Foods, and the Arena Football League. KickApps is backed by Spark Capital and Prism VentureWorks, and its Board members include former Liberty Digital and E! Entertainment CEO Jarl Mohn and former MTV and NFL President Sara Levinson.
Akamai® is the leading global service provider for accelerating content and applications online. Thousands of organizations have formed trusted relationships with Akamai, improving their revenue and reducing costs by maximizing the performance of their online businesses. Leveraging the Akamai EdgePlatform, these organizations gain business advantage today, and have the foundation for the emerging Web solutions of tomorrow. Akamai is "The Trusted Choice for Online Business." For more information, visit www.akamai.com.
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, any inaccuracies in data collected or reported by Akamai, changes in Akamai's customer base, changes in, or disruptions to, Akamai's services, 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.