SANTA CLARA, CA, Oct 26, 2009 (MARKETWIRE via COMTEX) -- Five of the 60 start-ups that participated in NVIDIA's recent
Emerging Companies Summit (ECS) -- which brought together
entrepreneurs with those who fund their ventures -- were today
awarded the title "Ones To Watch" for their exceptional promise, by a
The companies that received the awards, which were based on
technology value utilizing the graphics processing unit (GPU), market
opportunity and potential impact include:
-- IQ Engines, of Berkeley,
Calif., recognizes and labels images, monetizing photos by tying them to
-- Milabra, of New York City, uses a
multi-point visual recognition platform to target advertising based on
visual content instead of text.
-- MirriAd, a London-based start-up
that seamlessly embeds advertising into video content, as if it were always
-- Ubitus, of Taipei, is a
software platform provider for fixed mobile convergence applications.
-- Visuvi, of Redwood City, Calif.,
enables image search without any text required.
Highlights / Key Facts:
-- 'One To Watch' awards given to top five ECS companies based on:
technology value, market opportunity and impact and 'wow' factor.
-- Awards include $15,000 in legal services from Cooley Godward Kronish
-- Selection committee included: Greg Clark, senior vice president of
business development at Cooley Godward Kronish LLP; Andy Sheehan, managing
director at Sutter Hill; Alain Tiquet, group marketing director at NVIDIA.
-- The second annual ECS, held from Sept. 30 to Oct. 2, brought together
475 attendees and featured presentations by 60 start-up companies from 15
countries, discussing how they utilize graphics processing units (GPUs) to
deliver innovative solutions in areas ranging from cloud computing and
computer vision to gaming and image processing.
-- Since it launched its GPU Ventures program in March 2009, NVIDIA is
actively investing in new companies and offering others some pretty
high-grade expertise, all in the name of building out GPU ecosystems.
-- "Our goal is to educate, nurture, support and inspire developers and
emerging entrepreneurs to continue to develop applications for the GPU
platform and we are truly pleased to recognize these five distinguished
companies for their outstanding work. The ecosystem consists not only of
the emerging companies that we hope to directly support through programs
like the ECS, but also the VCs that fund these companies, the partners that
work with them, and the customers that purchase products from them."
-Jeff Herbst, vice president of business development, NVIDIA
-- "IQ Engines has built a photo tagging engine, which labels images in
near real-time. We believe that eventually, every cell phone camera will
have visual intelligence. GPUs will be a key part of the solution for
these parallel computationally intensive searches and we are honored to
have been recognized for our technology."
-Gerry Pesavento, CEO, IQ Engines, Inc.
-- "With so many great companies present at this year's ECS, Milabra is
very excited to have been recognized as 'One To Watch.'" Monetizing user
generated visual media is an opportunity to add significant value to the
online marketplace, and our ability to automatically contextualize visual
media and serve relevant advertising to it would not be possible without
-Sam Cox, CEO, Milabra
-- "With the vast majority of internet traffic destined to become video
MirriAd had to develop a truly scalable platform capable to meet the future
monetization needs of the content industry while delivering the perfection
required by the professional video industries. MirriAd's platform and
business model would not be possible without the GPU. Thanks NVIDIA for
making our technology possible and for recognizing MirriAd as 'One To
-Mark Popkiewicz, CEO, MirriAd
-- "Our cloud computing solutions with GPU acceleration allows faster
adoption of advanced features and service offerings for equipment
manufacturers and network operators. Ultimately, end users are enabled to
interconnect with information that means the most to them. We are honored
to be recognized as 'One To Watch.'"
-Wesley Kuo, CEO, Ubitus
-- "As a visual query processing engine Visuvi relies heavily on graphic
processing for indexing and search. The medical images
we analyze in radiology and digital pathology can be up to 10 GB per
file so the parallel processing capability using GPUs significantly
improves analysis time in a cost-effective manner. We look forward
to collaborating with NVIDIA and developing real-time medical image search
and analytic solutions that will improve patient care and reduce healthcare
-Chris Boone, CEO, Visuvi
Useful Links / Videos:
Tags / Keywords:
GPU Tech Conference, Emerging Companies Summit, GPU, NVIDIA, IQ
Engines, Milabra, MotionDSP, Ubitus, Visuvi, computer vision, gaming,
image processing, co-processing, parallel computing
NVIDIA (NASDAQ: NVDA) awakened the world to the power of computer
graphics when it invented the graphics processing unit (GPU) in 1999.
Since then, it has consistently set new standards in visual
computing with breathtaking, interactive graphics available on
devices ranging from portable media players to notebooks to
workstations. NVIDIA's expertise in programmable GPUs has led to
breakthroughs in parallel processing which make supercomputing
inexpensive and widely accessible. Fortune magazine has ranked NVIDIA
#1 in innovation in the semiconductor industry for two years in a
row. For more information, see www.nvidia.com.
Certain statements in this press release including, but not limited
to, statements as to: NVIDIA's investment in new companies; and our
goals are forward-looking statements that are subject to risks and
uncertainties that could cause results to be materially different
than expectations. Important factors that could cause actual results
to differ materially include: changes in our investment strategy and
goals as well as other factors detailed from time to time in the
reports NVIDIA files with the Securities and Exchange Commission
including its Form 10-Q for the fiscal period ended July 26, 2009.
Copies of reports filed with the SEC are posted on our website and
are available from NVIDIA without charge. These forward-looking
statements are not guarantees of future performance and speak only as
of the date hereof, and, except as required by law, NVIDIA disclaims
any obligation to update these forward-looking statements to reflect
future events or circumstances.
Copyright 2009 NVIDIA Corporation. All rights reserved. NVIDIA and
the NVIDIA logo are trademarks or registered trademarks of NVIDIA
Corporation in the U.S. and other countries. Other company and
product names may be trademarks of the respective companies with
which they are associated. Features, pricing, availability, and
specifications are subject to change without notice.
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