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GOTUIT MEDIA NAMED FINALIST IN BILLBOARD AWARDS FOR ‘BEST VIDEO ON-DEMAND SERVICE’

Andover,MA (October 25, 2004) – Gotuit Media Corp., the leading provider of next generation video-on-demand products, today announced that it has been named as a finalist in the “Best Video On-Demand Service” category of the First Annual Billboard Digital Entertainment Awards. The winners will be announced at the Awards Gala Dinner in Los Angeles on November 5 at the Billboard Digital Entertainment Conference.

The Billboard Digital Entertainment Awards is a new national awards competition honoring companies whose hard work and achievements have made a significant impact on technology, as well as the entertainment industry. The awards are produced by Billboard, the international authority on music, video and digital entertainment, in partnership with Digital Media Wire, the digital industry’s leading news organization and events company. The awards include 30 market-leading categories honoring innovation, entrepreneurship, digital gaming, music, film television and video in digital entertainment. Judges for the awards are comprised of an elite group of industry executives and leaders from the digital entertainment industry, representing the creative community, major entertainment companies, academic institutions and the media.

“Our mission is to provide operators with the ability to deliver an unmatched array of on-demand viewing functionality that will ultimately result in increased revenues and more satisfied consumers,” said Mark Pascarella , president of Gotuit Media. “We are thrilled that Billboard and Digital Media Wire, leaders in their respective spaces, have recognized the value of our products in News, Music and Sports.”

Gotuit Media’s flagship product, Gotuit On Demandtm, is a patented navigation platform that combines segment metadata with on-demand video content. It allows digital subscribers to personalize their viewing experience. By combining segment metadata with on-demand content, viewers can access the parts of a program in which they are most interested, without having to watch the program in its entirety.

For instance, there is no longer a need to watch an entire newscast just to see the weather, or watch a three-hour game just to watch the highlights or their favorite players. This type of interactive programming gives consumers a more powerful, relevant and enriching viewing experience – making content more appealing and dramatically increasing the value of VOD programming.

About Gotuit Media Corp.

Gotuit Media is dedicated to enabling the intelligent navigation of on-demand video content. Its flagship offering, Gotuit On Demandtm, is a patented indexing technology that combines segment metadata with on-demand video content, allowing consumers to quickly access the parts of a show in which they are the most interested. Gotuit works with both cable operators and content owners to provide viewers with direct access to the very best moments in television. The company has established partnerships with leading content providers in the areas of News, Sports, Music and Entertainment.

Gotuit holds a broad portfolio of patents in the time-shifted video space, including several landmark awards concerning video metadata. Founded in 2000, Gotuit Media is privately held and funded by Highland Capital Partners, Motorola and other investors. Additional information can be found on Gotuit Media's web site at www.gotuit.com.

 

Media Contacts:

David Laubner
Gotuit Media Corp.
E-mail: dlaubner@gotuit.com
Phone: 781.970.5432

 

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