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WeVideo Selected by AlwaysOn as an OnDemand Top 100 Winner

Recognized for Creating New Opportunities in On-Demand Software, Cloud Computing and SaaS

SUNNYVALE, CA -- (Marketwire) -- 04/03/12 -- WeVideo (www.wevideo.com), creators of the most powerful and easy-to-use, online video editing platform, today announced that it has been chosen by AlwaysOn as one of the OnDemand Top 100 winners. Inclusion in the OnDemand 100 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. WeVideo was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

WeVideo and the OnDemand Top 100 companies will be honored at AlwaysOn's OnDemand event on April 4th, 2012, at Hewlett-Packard's Executive Briefing Center in Cupertino, CA.

This two-and-a-half-day executive event features CEO presentations and high-level debates on how the Internet is disrupting how companies -- from small businesses to large enterprises -- create, store, distribute, analyze, and take advantage of their mission-critical data.

"Digital information has expanded exponentially during the past year. As the emergence of robust, innovative apps needed to manage this information continues, a complex world of interconnected business intelligence and ideas is being created at a new macro level," says Tony Perkins, founder and editor of AlwaysOn. "This year's OnDemand 100 winners are continuing to use disruptive technology and ideas to merge valuable legacy data and systems with new, vital streams of information. The results are being deployed in the cloud by any number of SaaS products and services, changing the way all business coexist. The OnDemand 100 continues to represent some of the highest-growth opportunities in the private company marketplace."

The OnDemand 100 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2012 list.

WeVideo is redefining video editing and making video story telling accessible to all by leveraging the strength of the cloud. The first truly collaborative video editing environment, WeVideo allows multiple users to build and edit the same video project simultaneously from anywhere in the world.

"We are honored to have been chosen as an OnDemand Top 100 winner," said Jostein Svendsen, WeVideo co-founder and CEO. "Being chosen confirms once again WeVideo's influence as a flagship company in cloud-based products."

http://www.aonetwork.com/AOStory/Announcing-2012-OnDemand-100-Top-Private-Companies

About WeVideo
Based in Sunnyvale, CA, WeVideo eliminates the cost and complexity of collaborative video publishing with powerful, easy to use web-based tools. Founded in 2011 by Norwegian-based Inspera, WeVideo leverages years of developing online video learning experiences for K-12 students. To learn more about cloud-based video collaboration, please visit www.wevideo.com.

About AlwaysOn
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn's preeminent executive event series includes the Silicon Valley Innovation Summit, OnMedia, OnHollywood, IMPACT Venture Summit Mid-Atlantic, Venture Summit East, OnDemand, Venture Summit Silicon Valley, OnMobile, and GoingGreen Silicon Valley. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.

All product and company names herein may be trademarks of their registered owners.

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