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WeVideo Picked for OnMobile Top 100 List

Named One of the Most Promising Companies in the Mobile Sector (June 12, 2012)

REDWOOD CITY, CA -- (Marketwire) -- 06/12/12 -- WeVideo (www.WeVideo.com), creators of the world's most powerful and easy-to-use online video editing platform, today announced that they have been picked by the AlwaysOn editors and their distinguished panel of judges for their OnMobile Top 100 List of the most promising companies in the mobile sector.

"With the quickly maturing mobile market, opportunities are opening up almost faster than entrepreneurs can respond. There is no question that mobile is becoming the new norm, with smartphone and tablet penetration increasing exponentially in both consumer and business environments. App developers are bringing their disruptive skills to the corporate and enterprise world as well, giving scope and purpose to mobile users in the business world," says Tony Perkins, founder and editor of AlwaysOn. "This explosive market is being driven in large part by the companies that made this year's OnMobile Top 100 list. We congratulate the OnMobile 100, companies that our editors believe represent some of the highest-growth opportunities in today's private company marketplace."

"The world is going mobile at an incredible pace and the processing intensive tasks of video editing will be no exception," said Jostein Svendsen, WeVideo co-founder and CEO. "Access to our online editing platform via our Android app and Google Drive are just the start of our push to become the premier resource for collaborative video publishing in the mobile space."

The latest recognition follows a string of WeVideo announcements including its YouTube partnership, launch of its Android app and its Google Drive integration.

WeVideo honored at OnMobile event
WeVideo is being honored at OnMobile 2012 on June 12th &13th at the Fox Theatre & Club in Redwood City, CA. To learn more about WeVideo, please visit www.wevideo.com.

About WeVideo
Based in Sunnyvale and relocating to Palo Alto CA, WeVideo eliminates the cost and complexity of collaborative video publishing with powerful, easy to use web-based tools. Founded in 2011 by Norwegian-based Inspera, WeVideo leverages years of developing online video learning experiences for K-12 students. To learn more about online video collaboration, please visit www.wevideo.com.

About AlwaysOn
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn's preeminent executive event series includes the Silicon Valley Innovation Summit, OnMedia, OnHollywood, IMPACT Venture Summit Mid-Atlantic, Venture Summit East, OnDemand, Venture Summit Silicon Valley, OnMobile, and GoingGreen Silicon Valley. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.

All product and company names herein may be trademarks of their registered owners.

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