Saffron Digital Named in Media Momentum Top 50
By Saffron Digital, PRNEWednesday, May 12, 2010
Year on Year Growth Sees Saffron Digital Secure Position in Prestigious Media Listing
LONDON, May 13, 2010 - Saffron Digital, the leading video delivery platform company, has
been included as one of the GP Bullhound Media Momentum Awards Top 50
companies for 2010. The listing is based on financial growth over a three
year period and details digital media companies which have demonstrated
sustained profitability.
In that time, Saffron Digital has not only satisfied the base
criteria for the Media Momentum Awards, but has also expanded internationally
, opening an office in Los Angeles in 2009, as well as doubling the number of
staff at its London headquarters. The company has also successfully launched
into new markets: while the mobile sector remains its core business, it now
delivers content, particularly video, to a wide variety of devices and on the
Internet.
Saffron Digital's clients include Hollywood studios such as Sony
Pictures, Paramount and 20th Century Fox, broadcasters including Sky TV, as
well as network operators such as T-Mobile and Vodafone and handset
manufacturers like Nokia, Sony Ericsson and HTC.
"The Media Momentum Awards Top 50 is an exclusive club, and we're
proud to be a member of it," says Shashi Fernando, CEO of Saffron Digital.
"It's a fitting reflection of the hard work put in by the exceptionally
talented team that we have here at Saffron Digital."
Now in its sixth year, the Media Momentum Awards features the
hottest and fastest growing digital media companies in Europe. The awards are
organised by specialist media and technology investment bank, GP Bullhound.
Schroders Private Banking, Acton Capital Partners and law firm Kemp Little
are premium sponsors of the awards, with Grant Thornton as award sponsor.
About Saffron Digital
Saffron Digital is a global video delivery platform company,
whose products and services are live in 22 countries and 14 languages. Its
proprietary technologies, which include the ability to support multi-device
video delivery, superfast encoding and Domain Based DRM, have been integrated
into products by clients including Nokia, Sony Ericsson, LG and Samsung, as
well as services for Sony Pictures, Paramount, 20th Century Fox, Sky, T
Mobile and Vodafone.
In the last two years Saffron Digital has won a Gold Award for
Best Product Technology & Innovation in Visiongain's Mobile Entertainment
Awards 2008, and was named Best Video and TV Service Provider in Mobile
Entertainment 2009 awards. The company was also named as one of the UK's top
100 technology and media companies in the Tech Media Invest Top 100 List in
2009.
About GP Bullhound
With offices in London and San Francisco, GP Bullhound is a
leading investment banking firm providing advice on mergers & acquisitions
and institutional capital-raising to emerging growth companies in the
Technology sector. The firm was established in 1999, and has completed over
90 M&A and Private Placement transactions since its founding. Comprised of
some of the most experienced technology advisory professionals, our long
track record and dedicated approach has helped us establish a leading global
position. We have strong domain expertise in the areas of Internet and
Digital Media, Software and Services, and CleanTech and Hardware, where we
focus on providing preeminent advisory services to some of the best
entrepreneurs, management teams and investors around the globe.
Saffron Digital website: www.saffrondigital.com
For more information, contact Dean Barrett or Christina Erskine at Bastion, 32-38 Saffron Hill, London, EC1N 8FH, United Kingdom Tel: +44-(0)20-7421-7600 email: christina at bastion.co.uk , Press website: www.bastion.co.uk
Tags: London, May 13, Saffron Digital, United Kingdom