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BLINX and you've missed it, the next google multi bagger!!! (BLNX)     

Still Waiting - 25 Jul 2008 23:22

Chart.aspx?Provider=EODIntra&Code=BLNX&S

With video search set to be the next big growth area BLNX have the software the likes of Microsoft, Google and NewsCorp would love to have.

In fact BLNX have done deals with most of these, the most recent being the UtargetFox deal which has been reported in the USA but not RNS'd in the UK.

Alexa rankings confirm the continued growth in usage as its viral effect spreads:-

http://www.alexa.com/data/details/traffic_details/blinkx.com

The ITN RNS confirms blnx is the best in the market and is growing fast:-

Leading News Organization ITN Extends Advertising Deal with blinkx Based on Proven Campaign Success




blinkx Selected to Power Advertising across ITN Website and Syndication Partner Sites




SAN FRANCISCO, CALIF. - July 2, 2008 - blinkx, the world's largest and most advanced video search engine, today announced that it has won an extension contract that will augment the scope of its advertising partnership with ITN, one of the world's leading news and multimedia content companies. Under the terms of the new agreement, ITN will use AdHoc, blinkx's patented contextual advertising platform for online TV and video, to serve advertisements on the ITN website and its syndication partner sites, including Bebo.




Through AdHoc, ITN has already been effectively monetizing its premium news content on the blinkx.com network for over six months. During this time, ITN achieved a significantly better return, greater search volume, and higher monetization through blinkx than through other syndication partners.




AdHoc uses blinkx's patented speech-to-text transcription and visual analysis technology to understand video content more thoroughly and effectively than any other service today, and can therefore dynamically place the most pertinent advertising against it. The AdHoc platform offers media companies and advertisers a unique value proposition -- video advertising which combines the emotive power of TV promotion, with the relevance and utility of contextual search advertising.




The confluence of ITN's premium TV content, blinkx's extensive syndication network, and AdHoc's uniquely powerful targeting capabilities was a formula for success. By extending its partnership with blinkx, ITN aims to achieve similar returns by leveraging the AdHoc platform to deliver contextually relevant video advertising on its own website and across its distribution partner sites.




'We're thrilled to be broadening our relationship with ITN,' said Suranga Chandratillake, founder and CEO of blinkx. 'News content is one of the most popular categories of online video and there's clearly a tremendous opportunity for monetization. The success of our partnership with ITN is evidence that the blinkx AdHoc platform is a uniquely powerful solution for online video advertising today.'




'We've been delighted with the results of our partnership with blinkx and are looking forward to implementing the AdHoc technology on our site,' said Nicholas Wheeler, managing director, ITN On. 'blinkx AdHoc has proven that it can achieve significant monetization of our content, effective marketing for advertisers and, most importantly, a useful, non-disruptive experience for our audience.'




As a pioneer in video search technology, blinkx has built a reputation as the most effective way to search new forms of online content such as video. With more than 350 partners and 26 million hours of indexed video and audio content, including favorite TV moments, news clips, short documentaries, music videos, video blogs and more, blinkx uses advanced speech recognition technology to deliver results that are more accurate and reliable than standard metadata-based keyword searches.

Toya - 28 Aug 2008 20:16 - 103 of 6187

You can attend anyway - I've been to a few AGMs and it's never been a problem. Would be really interesting to see the faces that blink behind Blinkx.

cynic - 28 Aug 2008 20:38 - 104 of 6187

AGMs will always welcome a bit of crumpet, but that ploy rather rules out harry!

HARRYCAT - 29 Aug 2008 08:36 - 105 of 6187

I am happy to get dressed up for the occasion! :o)

Toya - 29 Aug 2008 08:43 - 106 of 6187

Think I might have to as well - not sure I'd pass for "a bit of crumpet" at my age!

cynic - 29 Aug 2008 08:50 - 107 of 6187

you just need buttering up a bit .... may even cut my fingernails to do it for you!

HARRYCAT - 29 Aug 2008 10:57 - 108 of 6187

It looks like they intend to run a fairly tight ship at the AGM (as correctly stated by Kimoldfield):
"Dear Sir,
I understand that you hold your shares in Blinkx plc through a nominee and wish to attend the forthcoming AGM.

In order to attend, vote and speak at the meeting your nominee can either appoint you as a third party proxy or appoint you as a corporate representative.
If your nominee appoints you as a third party proxy, this request will need to be received at the Computershare offices no later than 9.30am on Sunday 21st September. Your nominee will need to submit this request on your behalf stating the number of shares you are able to vote on.

If your nominee decides to appoint you as a corporate representative you will need to obtain from your nominee a letter of representation signed by them stating the number of shares you are to represent. Please ensure you bring this letter to the meeting with you. I have attached the ICSA guidelines in regards to corporate representatives which included the relevant sections of the Companies Act 2006 and a template for the letter of representation which should be followed.

Please do not hesitate to contact me if I can be of any further assistance"
Kind regards
Rosalynn (Client services Manager)

Toya - 29 Aug 2008 11:11 - 109 of 6187

Thanks for that Harrycat - would never have thought they'd want to go through all that rigmarole.

chocolat - 29 Aug 2008 11:23 - 110 of 6187

Isn't it just a sign of the times though?
When my son recently waved his passport renewal form at me, I quickly assumed a state of torpor.

G'morning Mr C ;)

cynic - 29 Aug 2008 11:28 - 111 of 6187

hi choccie .... thought you had melted away!

chocolat - 29 Aug 2008 11:32 - 112 of 6187

Oh I did - but sadly only for a week :)

You been scrapping with pussycats again?

cynic - 29 Aug 2008 11:36 - 113 of 6187

as if! ...... but certainly introduced a new Olympic sport of diving into stationary cars on a bike ..... marks for both execution, literal and metaphorical, and style!

chessplayer - 29 Aug 2008 16:40 - 114 of 6187

7 out of every 10 trades today are buys,but you guessed it,down 3/4 (nearly 3%)Something funny somewhere.

Still Waiting - 29 Aug 2008 23:02 - 115 of 6187

been the same for weeks now, mm's will get caught out by a significant RNS one of these days.

in the meantime I'm buying as funds allow.

7 or 8 tops ups so far from 16p!!

chessplayer - 01 Sep 2008 13:28 - 116 of 6187

Back in July 2007 The Telegraph made the following statement in its share tips section:
-----------------------
Blinkx and youll miss it

Blinkx is a search engine for videos, spun off from Cambridge-based software group Autonomy at the end of May.

The key to the company is its technology. It has developed speech and image recognition software that scans the video clips watched by its users to target them with relevant advertising, and takes a share of the ad revenues from sites it drives traffic to.

Although Google does similar things with text, it has nothing to match the Blinkx speech and image technology.

Autonomy claims it would have netted tens of millions had it simply sold the intellectual property to another search engine. Autonomy retains 10 per cent of Blinkx, while founder Michael Lynch has 9 per cent. Other major investors include Fidelity, Schroders and Legal & General.

Blinkx is trading at a loss, but analysts believe revenues will grow from $4.4m (2.2m) next year to over $60m by 2010, when the first profit is forecast. It recently struck a deal with RealNetworks, whose software is downloaded to 1.5m computers each day.

Blinkx is a one-trick pony. Its technology will either be a huge success or a dismal failure. But the early signs are encouraging.

The shares made their debut at 45p, peaked at 65p, but have since drifted below the issue price to 43.5p. For the brave investor, keen to take a punt on what could be the next big thing, Blinkx is worth a look.
-----------------------------------------

If you want to read the whole article you can find it at:
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/07/01/cxequity101.xml

However, the interesting point in the above is the statement : "revenues will grow from $4.4m (2.2m) next year to over $60m by 2010, when the first profit is forecast."

Well, we know that revenues up to March of this year have already exceeded $4.4m by 50% so Blinkx is already well ahead of schedule. If it can continue at that rate what is there to stop it achieving the $60m by 2009 instead of 2010?

Things are looking good.

halifax - 01 Sep 2008 16:22 - 117 of 6187

Chessplayer how much forecast profit will be made on revenue of $60m in 2009/10?

chessplayer - 01 Sep 2008 17:45 - 118 of 6187

Pass

chessplayer - 02 Sep 2008 16:32 - 119 of 6187

from another site:

"If Blinkx can stay ahead of its giant rivals, it could one day take on regular TV. "It is only a matter of time before cable and satellite providers let you forage beyond the set-top box," Chandratillake says. "When that happens, you will need a really good search engine." ht
Mike Lynch of Chandratillake "a genius"

chessplayer - 02 Sep 2008 17:07 - 120 of 6187

Sometimes you have to ask what does it require for an increase in price? Today we see 892k buys vs.255k sells.At least we did not see the price go down!!!!

cynic - 02 Sep 2008 17:33 - 121 of 6187

a company whose profits are growing or positive updates always help!

Still Waiting - 02 Sep 2008 22:50 - 122 of 6187

heads up,

a big US fund has just increased its stake in blnx:-

http://www.mffais.com/funds/114020/
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