AUTONOMY ANNOUNCES NEW STRATEGIC PARTNER FOR CHINESE VENTURE
New partnership with CCTV brings significant industry expertise and contacts and preferred content arrangements
Cambridge, England - 24 October 2006 – Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise and proponent of meaning-based computing, today announced significant advancement of its Chinese consumer internet venture. Autonomy's Chinese venture has rapidly expanded and established itself as the world's leading Chinese language video search service.
Autonomy's Chinese venture has entered its next phase of development and growth with the involvement of CCTV, China's state broadcaster and the world's largest Chinese-language broadcaster. The JV is providing video search to a broad range of companies and has launched its own digital video service now operating under the brand OpenV, featuring extensive content from CCTV. OpenV holds its leading position with in excess of 5 million pages views per day, and one million users a day.
OpenV has reinforced its position as the world's leading Chinese-language video site by completing agreements with the leading content providers, such as CCTV, Beijing TV, Shanghai Media Group, Hunan TV, ZheJiang TV, JiangXi TV and NeiMengGu TV, in many cases on an exclusive basis. OpenV also has available web content from all major Chinese video sharing sites and web broadband sites.
OpenV's service is now or will shortly be available on a syndicated basis through leading Chinese internet sites including CCTV.com (the largest Chinese TV broadband site), QQ (the largest Chinese community site), Yahoo! China, Nusports (the largest Chinese sports site), XinHua net (largest Chinese news agency site), China Radio International (the largest Chinese radio site) and SMGBB (the second largest Chinese TV broadband site), as well as numerous other smaller sites.
OpenV has launched advertising and is now working in partnership with a wide range of advertising agencies, such as WPP, AC Nielsen and Chang Rong (Charm Communication Group).
Dr Michael Lynch, Autonomy's CEO and founder, commented: "The recent growth of our JV in China, the strategic involvement of CCTV and the key content arrangements put OpenV in a marketing winning position. We are also pleased to see advertisers supporting the next phase of this new medium in China."
About Autonomy
Autonomy Corporation plc (LSE: AU. or AU.L) is a global leader in infrastructure software for the enterprise and is spearheading the meaning-based computing movement. Autonomy's technology forms a conceptual and contextual understanding of any piece of electronic data including unstructured information, be it text, email, voice or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including information access technology, BI, CRM, KM, call center solutions, rich media management, compliance and litigation solutions and security applications, and is recognized by industry analysts as the clear leader in enterprise search.
Autonomy's customer base comprises more than 16,000 global companies and organizations including BAE Systems, Boeing, Ford, Daimler Chrysler, Shell, AOL, BBC, Reuters, Hutchison 3G, Ericsson, T-Mobile, Philips, Coca Cola, Kraft Foods, Nestle, Lloyds TSB, GlaxoSmithKline, KPMG, Citigroup, ABN AMRO, Deutsche Bank, Hewlett Packard, the U.S. Securities and Exchange Commission, the New York Stock Exchange, the U.S. Department of Homeland Security, NASA and the U.S. Department of Energy. Autonomy has over 300 OEM partners and more than 350 VARs and Integrators, numbering among them leading companies such as BEA, Citrix, EDS, EMC, IBM Global Services, Novell, Symantec, Vignette, Tibco, Stellent and Sybase. The company has offices worldwide.
The Autonomy Group includes: Aungate, specialist in Real-Time Enterprise Governance; Virage, a visionary in Rich Media Management and Security and Surveillance technology; etalk, award-winning provider of enterprise-class contact center products, and Cardiff, a leader in content capture and business process management solutions.
Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc. All other trademarks are the property of their respective owners.
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