Kaltura, the People's Choice at TechCrunch40, Announces Achievements One Year Later

SAN FRANCISCO, CA--(Marketwire - September 9, 2008) - TechCrunch50 -- Kaltura, Inc. (http://www.kaltura.com), developer of the first open source video platform for video management, creation, interaction, and collaboration, shared some of its achievements over the last year at the TechCrunch50 event in San Francisco today. The company also announced the release of Version 1.1 of its Interactive Video Plugin for WordPress, which can be downloaded at http://wordpress.org/extend/plugins/kaltura-interactive-video/stats/.

"Kaltura wowed the market with its revolutionary concept of collaborative video content creation, which earned us the prestigious People's Choice award at TC40. From then on, the past year has been a great adventure and intense learning experience," said Ron Yekutiel, Kaltura Chairman and CEO. "We expanded our vision and offering to also enable collaboration in the development of video applications. By launching the market's first (and only) open-source video management platform, Kaltura not only presents a zero-cost alternative to pricy video platforms, but also spurs innovation and facilitates tight and advanced integration of video into other platforms and applications."

Over the course of the past year, Kaltura released its open source stack as well as two video applications tailored for MediaWiki and WordPress, which were embraced by thousands of sites. Additional applications will be released over the coming months, including an extension for Drupal.

Among the thousands of publishers who already use Kaltura's tools are leading blogs, social networks, UGC sites, video sharing sites, large media companies -- such as the recent campaign with Metacafe and Universal Studios Home Entertainment for the DVD release of "Heroes" Season 2 -- and major brands -- such as a campaign for remixing music and videos for Pepsi MAX UK. Kaltura also announced a partnership that is underway with the Wikimedia Foundation aimed at utilizing the open source platform to enable insertion of collaborative videos into Wikipedia articles.

Kaltura continued to win prestigious awards and nominations during 2008, including the Mashable video-sharing 'Open Web' award, the TWS 'top 10' award, and the AlwaysOn 'Global 250' award. The company was also featured as one of Esquire Magazine's 'most promising' Web 3.0 companies.

Kaltura invites customers, partners, value added resellers, and developers to join the efforts of building the world's first open source video platform, and the largest network of users and remixable, sharable content. More details at: http://www.kaltura.com.

About Kaltura

Kaltura has developed the first open source video platform for video management, creation, interaction and collaboration. Kaltura's platform enables any site to seamlessly and cost-effectively integrate advanced interactive rich-media functionalities, such as searching, uploading, importing, editing, annotating, remixing, and sharing of video, audio, and photo files. The platform also includes unique collaboration functionalities that allow groups of users to create together, and enables publishers to access and syndicate reusable content across the Kaltura Network of content and to enjoy aggregated hosted video services such as video advertising, professional editing, and DVD printing. Kaltura's free open source code is available for web developers in the form of an extensive Software Development Kit, as well as self-serve packages for publishers in the form of automatic extensions and plugins for leading content management, blogging and collaboration platforms such as Drupal, WordPress, and MediaWiki.

Founded in 2006, Kaltura's management and advisory team includes top notch advertising, marketing, and media executives as well as open source experts and seasoned technology entrepreneurs, including co-founders of ICQ, Cyota, and Destinator Technologies. Since its public launch in September 2007, New York-based Kaltura has won numerous awards and endorsements, including the TechCrunch40 People's Choice award (2007), the Mashable video-sharing 'Open Web' award (2007), a TWS 'top 10' company (2008), a AlwaysOn 'Global 250' company (2008), and one of Esquire Magazine's 'most promising' Web 3.0 companies (2008). For more information, visit http://www.kaltura.com.

Contact Information: Contact: Lisa Bennett Kaltura (212) 981-3965 lisa.bennett@kaltura.com