The 2009 honors mark the second time that Digital Rapids has earned dual recognition from Frost & Sullivan. In 2008, Digital Rapids received Customer Value Enhancement and Entrepreneurial Company of the Year Awards in the World Video Encoders and Transcoders Market. Frost and Sullivan's 2009 World Broadband Transcoders research analyzed companies providing hardware or software that transform video and audio content into the formats required for viewing on broadband-enabled devices such as Web-connected PCs, personal media players, game consoles and television STBs. Target market segments encompassed in the research included media and entertainment (such as broadcasters, multi-service providers, video portals, motion picture studios, news agencies and others); user-generated content; and Internet distribution of niche material such as adult, sports and religious content.
"We're thrilled that Frost & Sullivan, one of the leading analyst firms in our industry, has again recognized us for our leadership and excellence in transforming digital media content," said Brick Eksten, President of Digital Rapids Corporation. "In this dynamic market and with the past year's turbulent economy, customers need to know that the vendors they select not only offer superior technology, but also have the corporate strength, stability and vision to support their evolving needs in the future."