Move Networks CEO John Edwards Named Ernst & Young Entrepreneur Of The Year® 2008 Award Finalist

Business Wire, April 30, 2008

SALT LAKE CITY -- Move Networks, Inc. today announced that CEO John Edwards is a finalist for the Ernst & Young Entrepreneur Of The Year[R] 2008 Award in the Utah region. According to Ernst & Young, the awards program was designed to recognize outstanding entrepreneurs on a regional, national and global level who are building and leading dynamic, growing businesses. John was selected as a finalist from nearly 70 nominations by a panel of independent judges. Award winners will be announced at a special gala event on June 27, 2008 at the Salt Palace Convention Center in Salt Lake City, Utah.

Throughout his 30 plus-year career, John Edwards has both created and managed businesses that demonstrate creativity and innovation in the development and implementation of major high-tech products and services. John's most recent endeavor, Move Networks, brings the television experience online by streaming the highest quality video on the Internet with fast start times and smooth playback with no buffering for the largest media companies streaming premium content online today. Move delivers HD video online for ABC.com, CBS, the CW, Discovery, ESPN, FOX, and many others.

The Ernst & Young Entrepreneur Of The Year awards program celebrates its 22nd anniversary this year. Awards are given to entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities.

Regional award winners will be eligible for consideration in the Ernst & Young Entrepreneur Of The Year 2008 national program. Winners in numerous national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California, on November 15, 2008. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nation's most prestigious gathering of high-growth, market-leading companies.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year awards are pleased to have the Ewing Marion Kauffman Foundation and SAP America as national sponsors. In Utah, sponsors include Deseret News, Digital Bytes Production and Design, Diversified Insurance Brokers, Scherzer International, Spring2, The Summit Group Communications and Utah Business Magazine.

About Move Networks, Inc.

Move Networks, Inc. is a leading provider of online television services that drive the growth and support of online audiences for leading broadcasters and publishers including ABC, the CW, Discovery, ESPN, and Fox. The video technologies and services developed and managed by Move Networks enable leading brands to cost-effectively and reliably deliver live and on-demand HD quality programming to millions of people without the buffering, stalling, and low-quality viewing experiences common with competing technologies.