Dual Honors for Digital Rapids

A leading provider of tools and solutions for bringing television, film and web content to wider audiences has been honoured with two prestigious accolades from respected global analyst firm Frost & Sullivan.
Digital Rapids has been presented with a 2009 Market Share Leadership award in the world broadband transcoders market. They have also been selected for Frost & Sullivan’s Hot Company Watch-list in relation to forward-thinking strategies and continued growth potential.
The 2009 honours mark the second time that Digital Rapids have earned dual recognition from Frost & Sullivan. In 2008, they received Customer Value Enhancement and Entrepreneurial Company of the Year awards in the world video encoders and transcoders market.
"We're thrilled that Frost & Sullivan, one of the leading analyst firms in our industry, has again recognised us for our leadership and excellence in transforming digital media content," said Brick Eksten, President of Digital Rapids Corporation.
He continued: "In this dynamic market, with the past year’s turbulent economy, customers need to know that the vendors they select not only offer superior technology, but also have the corporate strength, stability and vision to support their evolving needs in the future."
Frost and Sullivan's 2009 world broadband transcoders research analysed companies providing hardware or software that transform video and audio content into the formats required for viewing on broadband-enabled devices such as web-connected PCs, personal media players, game consoles and television set-top boxes.
Target market segments encompassed in the research included media and entertainment (such as broadcasters, multi-service providers, video portals, motion picture studios, news agencies and others), user-generated content and internet distribution of niche material such as adult, sports and religious content.
Frost & Sullivan Senior Industry Analyst, Vidya S. Nath explained: "There are few vendors who offer an optimal range of products for the varied needs of customers in this segment, and even fewer vendors who have managed to gain a robust penetration with thousands of customers globally while striving to drive innovation and growth.
"Despite the impact of recession, Digital Rapids has achieved all of these attributes."
Digital Rapid's solutions have been adopted by customers worldwide, from leading broadcast networks, motion picture studios, telecommunications companies, online content distributors and post production facilities to corporations, government agencies, schools and churches.
For more information about Digital Rapids please visit www.digital-rapids.com
(BMcN/BMcC)