SightSpeed Receives Frost & Sullivan's 2007 'Company of the Year' Award for IP Communications Services

Business Wire, Nov 6, 2006

BERKELEY, Calif. -- SightSpeed, the leading provider of personal video services over the Internet, has been awarded Frost & Sullivan's 2007 "Company of the Year" award in the category of IP Communications Services. SightSpeed will be presented the award at the 2007 Frost & Sullivan Excellence in Information & Communications Technologies Awards Banquet on Jan. 24, 2007 at The Buttes Resort in Tempe, Arizona.

The Frost & Sullivan Award for Company of the Year is presented each year to the company that has demonstrated excellence within its industry. The award is based on numerous factors including overall market potential for the company's products and services, proof of success as established by company growth and visibility, strategic innovation, and leadership within a particular Frost & Sullivan Industry Research Group (IRG).

In announcing the award, Frost & Sullivan stated that SightSpeed has developed an outstanding, revolutionary and uniquely compelling IP communications product for both consumers and small businesses. SightSpeed's best in class services empower users to communicate, collaborate, and connect with new communications tools including video calling and conferencing, as well as voice calling and video mail and messaging.

In underscoring the vast market potential for SightSpeed's services, Frost & Sullivan Analyst Lynda Starr explained that while IP telephony has been touted as a lower-cost alternative to traditional telephony, "video calling and video messaging may be the key to mass consumer acceptance." Said Starr, "The company's growth has been phenomenal with little marketing. SightSpeed has its finger on the pulse of future communications."

"The SightSpeed team is extremely pleased to receive this prestigious award from Frost & Sullivan," said Peter Csathy, CEO of SightSpeed. "We appreciate not only Frost & Sullivan's recognition of video's central role in the future growth of IP communications, but also SightSpeed's leadership position in this communications revolution. We also appreciate the recognition of the tremendous and dedicated team assembled at SightSpeed and the excellence of SightSpeed's technology from one of the most highly respected consultancies in the world."

About SightSpeed

SightSpeed offers consumers and small businesses the most complete and compelling suite of personal video services over the Internet. SightSpeed's award winning free and premium services include best-in-class video and voice over IP (VVoIP), voice over IP (VoIP), and text messaging (IM). SightSpeed offers advanced community features, including a public directory and an easy to use video creation platform that gives users the ability to record and publish original user generated content to blogs, websites and emails. SightSpeed also offers SightSpeedTV place shifting features, as well as support for mobile personal video. SightSpeed's suite of industry-leading video services offers unique opportunities for video-enabled advertising and e-commerce, in addition to communications, content creation and publishing.

Founded in 2001 and based in Berkeley, California, SightSpeed is a privately held company funded by The Roda Group, best known for launching the company Ask Jeeves. For more information about SightSpeed, visit www.sightspeed.com.

About Frost & Sullivan

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost and Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global demographic. For more information, visit www.awards.frost.com.