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.

Tabby
I must say that I like the look of this.

SAN FRANCISCO, Calif. - November 3, 2011 -blinkx, the world's largest and most advanced video search engine, today announced that it is powering video for Aurasma, the world's first visual browser for smartphones and tablets that recognizes physical objects and delivers related online content - videos, animations, audio or web pages - in real time.


Aurasma uses powerful image and pattern recognition technology to merge the physical and virtual worlds. With more than two million downloads since its launch in June, Aurasma uses real world images and objects as triggers, merging them with rich interactive content such as videos and 3D animations called "Auras". Available for iPhone4, iPad2 and high powered Android devices, Aurasma is available for free in the App Store and Android Market.

When Aurasma recognizes an object, related video is automatically played on the smart phone or tablet, pulling from blinkx's massive index. The user can enjoy the video and then opt to click through to transition to the related website. For example, a user watching a movie trailer about "Footloose" can click through to learn more about the new movie's cast, visit a site to buy tickets or sample the new soundtrack.


"We are thrilled to partner with blinkx, a spin-out of our parent company Autonomy. This agreement allows us to provide our millions of users with access to a rich index of Internet video content," said Martina King, managing director, Aurasma. "The same core technology, IDOL, is at the heart of all three companies - a testament to its vast potential to change the way in which we interact with information and computers."

"Aurasma is a killer application - one that will radically change how we interact with the world around us. By pointing your iPhone at a building, logo, magazine covers, an advertisement or a photo of famous athlete, you can be instantly transported to a multimedia universe, enhancing your real world experience in an entirely new way," said blinkx founder and CEO Suranga Chandratillake. "We're excited to see such a powerful application incorporating our technology."


About Aurasma

Aurasma is the world's first visual browser - a new platform technology that merges the physical world with the virtual. Available as a free app for iPhone4, iPad2 and high-powered Android devices or as a free kernel for developers, Aurasma uses advanced image and pattern recognition to recognize and understand real-world images and objects in much in way the human brain does. It then seamlessly blends the real-world with rich interactive content such as videos and animations called "Auras". Auras can be created for printed images, product packaging, clothing, physical places and users can even use the app to create and share their own. Since its launch in June 2011, Aurasma has had more than two million downloads. Over 500 partners in markets including retail, sport, automotive, consumer electronics, entertainment, advertising and publishing are using the free technology in their campaigns or embedding the technology in their own applications. Aurasma was developed by and is part of software company Autonomy - an HP Company.

Acquisition & Trading Statement

RNS Number : 7571R

Blinkx Plc

09 November 2011

9 November 2011

ACQUISITION

OF

PRIME VISIBILITY MEDIA GROUP, INC.

BY

BLINKX PLC

AND

TRADING STATEMENT

Integrating the world's largest video search engine with a leading text search platform

The Boards of blinkx plc (AIM:BLNX), the world's largest video search engine ("blinkx" or the "Company") and Prime Visibility Media Group, Inc., a leading online performance advertising network and digital marketing agency ("PVMG") are pleased to announce today that they have entered into a definitive stock purchase agreement (the "Purchase Agreement") pursuant to which blinkx has acquired the entire issued and to be issued shares of common stock and the entire issued and to be issued shares of preferred stock of PVMG (the "PVMG Shares") for an aggregate consideration of US$36 million (GBP22.4 million), to be satisfied in cash (the "Acquisition").

The Acquisition consideration of US$36 million (GBP22.4 million) will be funded through blinkx's existing cash balances and the proceeds from a proposed placing of new ordinary shares in the capital of the Company (the "Placing") announced separately today. A separate announcement is being issued by the Company this morning which will contain details of the Placing.

In the event that the Placing does not complete for any reason, the Acquisition will be funded entirely from the Company's existing cash balances.

Further details of the Acquisition are set out in the Appendix to this document.

Transaction Highlights

-- PVMG's network averages over 600 advertisers (measured over the 6 month period to 30 September 2011) and 350 publishers. Processing 1.5 billion queries, and generating 14 million ad interactions every day, PVMG has the reach and volume to meet the demands of metric-driven advertisers and enables publishers to monetise their traffic from multiple forms of advertising.

-- Following the Acquisition, blinkx expects to integrate PVMG's platform with blinkx's so as to enable the blinkx video search engine to respond to a portion of PVMG's 1.5 billion daily queries with relevant video results. Where available these videos can be paired with rich media video ads that typically monetise at a higher rate.

-- In September 2011, the average effective cost per mille (eCPM) of PVMG's sponsored text advertisements was approximately US$5.00, while blinkx's standard untargeted sponsored video advertisements were priced at US$13.00. blinkx believes that the combined group will be able to realise some of the differential between these two rates to generate incremental revenue.

-- PVMG also operates a digital marketing agency which offers consulting services to assist customers in developing Internet marketing strategies to establish and enhance their digital presence, through Search Engine Optimisation (SEO), Search Engine Marketing (SEM), social media, email and mobile marketing services.

-- Following the Acquisition, blinkx expects that the agency business will provide useful insights into its brands' Internet marketing strategies, which will enable blinkx to offer more compelling advertising solutions.

-- PVMG is led by a team of seasoned executives with deep and diverse expertise in the search, rich media, mobile and agency sectors of the digital marketing industry. blinkx expects to benefit from the strategic addition of PVMG's senior leadership in key areas across its business. PVMG CEO, S. Brian Mukherjee, will be joining blinkx as EVP and GM for Search and Mobile.

-- PVMG's consolidated audited financial statements for its financial year ending 31 December 2010 show gross assets of US$22.4 million, and gross revenues of US$29.9 million, and a net loss for the period of US$389,511 (1) .

-- The integration is expected to begin immediately, and by the end of the financial year ending 31 March 2013 the Acquisition is expected to have an annual revenue run-rate of between US$35 million and US$40 million.

Commenting on the Acquisition, Suranga Chandratillake, CEO of blinkx, said:

"Online video advertising continues to be the fastest growing format by a significant margin, and is forecast to reach $3.5 billion over the next three years. Brands continue to move an increasing amount of their TV advertising budgets to online video, but need to be able to reach an audience of equivalent size on the Web. We're extremely excited about the Acquisition because the integration of our video search engine with PVMG's text search platform will enable us to tap into a new audience of intent-driven consumers and deliver TV-style brand advertising to them, which gives us the opportunity to expand our customer reach and increase PVMG's margins over time."

Commenting on the Acquisition, S. Brian Mukherjee, CEO of Prime Visibility Media Group, said:

"As a close knit team with the shared sense of optimism to lead the next revolution of digital advertising, we are proud of our accomplishments at PVMG. We believe that the Acquisition puts us at the very heart of one of the most dynamic sectors of the digital advertising industry - online video. The combination of our powerful, proven high frequency transaction engine and audience reach with blinkx's unrivalled video search technology and vast content index unlocks a tremendous opportunity for us to develop high value online video advertising solutions."

blinkx Current Trading

Trading for the first half of the financial year ending 31 March 2012 has been strong. For the half year period to 30 September 2011, the Company expects to report revenues of approximately US$44.6 million, an increase of over 60% from the corresponding period ended 30 September 2010, and to report EBITDA for the half year of approximately US$5.7 million(2) and an operating profit for the half year of approximately US$4.9 million(3) , an increase of approximately 95% over the corresponding period ended 30 September 2010. For the half year period to 30 September 2011, blinkx expects to report cash and cash equivalents of approximately US$52.9 million. blinkx is pleased to report that the integration of Burst Media Corporation is proceeding very well. blinkx expects that the cost of restructuring will be approximately US$2.5 million; less than the market predicted US$4.5 million. The Company has also seen continued growth of the AdHoc advertising platform with new brands, including Kelloggs, Disney, Pimms and Nivea. blinkx expects to announce its half year results on 11 November 2011.

(1) PVMG's consolidated financial statements for the year ending 31 December 2010 have been prepared in accordance with US GAAP, and have not been reconciled with blinkx's own financial statements

(2) US$3.8 million after Burst related acquisition costs of US$1.9 million.

(3) US$1.4 million after Burst related acquisition costs of US$1.9 million and amortisation on purchased intangibles of US$1.6 million.

PVMG Overview

Established in December 2007, and headquartered in New York, NY, Prime Visibility Media Group, Inc., is a digital marketing holding company with three operating units: Prime Visibility, LLC an award winning search marketing agency; AdOn Network, Inc., a long tail performance, cost-per-click advertising network; and Predic.tv, LLC, an early stage rich media advertising company, which intends to target premium online advertisers and publishers.

They did say about 6 months ago that expenses would overtake earnings.....perhaps not the exact words but along those guidelines....

Large drop on the back of the above!!

Woof Woof

Interim Results.

Highlights:
Revenues increased by 63% to $44.6m, from $27.4m in H1 2011

Adjusted* profit from operations increased by 96% to $4.9m compared with $2.5m for H1 2011

Profit before tax (adjusted) of $5.0m, compared with $2.5m for H1 2011

Cash balance $52.9m compared with $16.9m at 30 September 2010

Combination of blinkx's 55m monthly unique users with Burst's total 89m monthly unique users significantly
increases overall scale and reach (comScore September 2011)

Premium content partnerships announced during the half include deals with Future Publishing, the Bleacher
Report, Cinesport, NewsLook and FashionTV

New distribution agreements with Aurasma, Roku, Orb Networks and BlueStreak Technology increase
blinkx's footprint in both the Mobile and Connected TV spaces

New brand advertising clients including Disney, Kellogg's, Nivea and Pimms

Launch of five Burst-branded publisher channels, MomIQ, Ella, Stadium, Giant Realm and Ignition, lays the
foundation for an Internet TV network

Creation of Burst online video networks introduces relevant, TV-style programming to Burst's ecosystem of independent publishers

being thick, i cannot determine how good those numbers are ..... however, given the ease of the placing at 140 just a few days ago, i should imagine they're well above expectations

cynic - have a look at the "financial highlights" in the link - Its a bit messy to cut and paste it.

i did, but was unable to determine expectations and similar

Trouble is it is valued at 500 million pounds if not more and just one tenth of that in the bank....it's on a very hefty rating.

In auction.

historically perhaps, but what about forward p/e?
i have enough in the market already, but otherwise i would be tempted to buy more at 115/117 following typical "selling on results"

Looks like a great short...sub 100p...possibly...that's the trouble with these companies like this ; you don't know where you are with them !.

Auction again -14.8%.

I wonder how Cynic's short is getting on ?....I haven't seen such a cliff since the eiger....

Is there some consensus if it's worth getting into these now? Made a tidy profit when it was in its 20s, selling at just under 100, never thought 's see 100 again though...

Not today.....perhaps a bit later...check out the graph...make cape town's table mountain look like an amateur !..

The chart is truly horrid - I can't believe it! Looks like it could be heading back to 90p! Yet the long-term prospects still look good:

"Adjusted operating and pre-tax profits increased to $4.89m and $4.95m respectively - up from $2.50m and $2.52m last time.

Founder and CEO Suranga Chandratillake said: "Video advertising continues to thrive, with double-digit growth forecast for the next five years, and our performance over the last six months underlines the strength of blinkx's model within this dynamic marketplace."

The results look pretty good to me.
The charts are one thing, real life, that is something else!