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.

Is this a best ever close?...skinny?

previous best was 102.0, though these closing prices can be a bit suspect - but a move in the right direction at least

Cheers mate...

Things just keep getting better...

Nice to see it close above a quid - a bit more volume would be more convincing though.

Some pretty good buying this morning, perhaps partly due to reaching new highs. At any rate, a good sign.

Chess...join me in feeling a little smug...we are owed it!

Tabby,
I could never understand where all the sceptics came from. But, I guess it soon became clear that they were working on an entirely different game plan.

Isn't it a dirty rotten shame that a good few of them got their fingers burned!

I suppose that the big question now has to be " Where is the share going from here ?"

2

Part , or maybe most , of the reason for the reason for the recent rise is probably down to the boom in online advertising.

According to figures recently released by the I A B ( Internet Advertising Bureau), the value of online advertising in the U K for 2010 has reached 4.1 billion. This is not far short of the 4.28 billion attributed to TV advertising.

The above figures are from an article in last Friday's Investor's Chronicle. They also go on to re-iterate their buy recommendation for Blinkx

This way.

Spoken like a true Turkey!

recommendation by IC will probably be like another snog from judas, though i hope not ..... WPP should perhaps also be in your portfolio (as it is in mine)

Hit a new high today!

I love reading the IC but they are jinxed...a few months ago they said sell Dragon Oil..... and I did......it's gone from strength to strength since then....

RF, isn't that the point of shares mags? They say buy, you sell; they say sell, you buy?! ;o)

Looking forward to the next trading update from BLNX, it will be disappointing if they have not made substantial progress.

Kim, A very interesting view ! I have often thought at times that this was their "Modus Operandi ".

Kim.Chess is spot on.both Suranga and The Doctor have little respect for the city.they move forward nice and quite.
Expect substantial progress and more surprises. moniti estis!

:o)

The chart looks pretty good to me, and the price is up nearly 30% in the last month!