Business Services Industry

Neven Vision Named as One of the ''10 Emerging Wireless Entertainment Players to Watch in 2006''

Business Wire, June 13, 2006

SANTA MONICA, Calif. -- Neven Vision, a leading developer of mobile visual search and m-commerce technology, today announced its placement in a report by IDC, the premier global market intelligence and advisory firm in the information technology and telecommunication industries, that identifies the companies to watch in the wireless entertainment market. In the ''10 Emerging Wireless Entertainment Players to Watch in 2006'' report, IDC ranked companies according to their unique and creative approach to the wireless entertainment market, the execution of their business plan, and their history of successful commercial deployments.

"With entertainment and content playing an increasingly important role in the mobile market, IDC wanted to identify the companies that may become the leaders in this space," said Julien Blin, research analyst at IDC and co-author of the report. "As m-commerce, m-wallet, and mobile advertising starts to grow, Neven Vision could emerge as a solid player in this space through its consumer-oriented image recognition technology and growing relationships with carriers, handset vendors and brands."

This honor builds on a successful year for Neven Vision that includes:

--The global release of iScout(TM) Client, a dynamically brandable mobile visual search solution that creates a unique, content-rich user experience and brings mobile visual search to cameras globally

--The adoption by NTT DoCoMo, the world's leading mobile communications company, of Neven Vision's biometrics face recognition software to enhance the privacy and security of personal data and transactions on Sharp FORMA(TM) SH9021 mobile handsets

--Coca Cola's deployment of iScout(TM) in a campaign across Europe that targeted teen magazines by asking readers to take a picture of a CokeFridge logo and send it back to a server via Premium MMS

"We are continuing to build on the tremendous momentum of last year, and this honor by IDC shows how the industry is recognizing Neven Vision as a leader in mobile visual search and biometric recognition technologies," said Alex Cory, CEO of Neven Vision. "We plan to bring our successes in Europe and Asia to the U.S. market to build truly global mobile search capabilities for the mobile market."

About Neven Vision

Neven Vision is changing the way the people interact with the world by providing innovative tools for mobile devices. These tools use pioneering image & facial recognition technology, creating a feature rich suite of mobile applications that enable images to become the interface to digital content. The average camera phone can now help transform the real world into a series of hyperlinks that connect people everywhere, virtually to information, offers, contests, transactions, digital content, and more. By equipping customers with this intuitive visual interface that anyone can use, the technology is unlocking vastly untapped market opportunities in Mobile Content, Marketing and Commerce, Personal Device Security, and Biometric Identity Verification. Neven Vision is headquartered in Santa Monica, California and has sales offices in Japan, Germany and the U.K. For more information please visit www.nevenvision.com.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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