VideoEgg Expands Operations to Keep Pace with Tremendous Company Growth

| March 19, 2009

Ad Operations OnlineOpens New Office and Hires Experienced Advertising Sales Talent

SAN FRANCISCO – VideoEgg, the rich media ad network for guaranteed engagement, announced it expanded its global sales team and opened a new sales office in Atlanta. The new executives bring a diverse range of experience to VideoEgg and further strengthen the company’s presence across North America, the UK and Australia. Coupled with the Atlanta office opening, the talent additions will help drive VideoEgg’s aggressive growth plans for 2009 and beyond.

In 2008, the company achieved domestic revenue growth of 171 percent in North America. This increase is reflected in the expanding reach of VideoEgg’s network, which recently hit the milestone of 100 million uniques, up from 85 million in November 2008. VideoEgg has now delivered more than 1,200 campaigns for more than 300 leading brands.



“As media buyers and advertisers face increased pressure to deliver ROI, they’re re-examining every dollar in their digital spend and becoming laser focused on value,” said Matt Sanchez, CEO for VideoEgg. “As a result, we’re seeing a drastic shift to performance-based advertising to drive demand and awareness. Our remarkable growth in a flat market reflects the clear need for accountability and value in today’s media buy. VideoEgg is uniquely positioned to deliver an innovative approach that lets advertisers engage with consumers in a valuable and measurable way.”

The opening of VideoEgg’s seventh North American office in Atlanta reinforces the company’s sales footprint and provides a more comprehensive connection between its rich media ad solutions and VideoEgg’s client base. The expansion also builds off VideoEgg’s recently announced European headquarters and lays the groundwork for continued global sales team growth.

As part of its current expansion, VideoEgg adds executives Sean Cauley in Chicago, Katie Barrett in New York and Daryl Faulkner in Montreal. Increasing its Southeast presence, the company also introduces Shelley Gosney to lead the new Atlanta office.

Shelley Gosney joins VideoEgg as the Southeast sales manager and the flagship member of VideoEgg’s new Atlanta office. Gosney has over 12 years experience in interactive media sales, previously as the strategic sales director for Endemic Media, the online advertising sales firm for American Express Publishing. Gosney was also the strategic sales manager for DoubleClick’s Online Media Sales Division where she opened and managed the company’s regional sales office in Texas.

“VideoEgg is incredibly excited to increase our presence not only internationally but also with Shelley Gosney in the Southeast, as her vast experience while working for Endemic Media and Double Click perfectly fits our goal of delivering high-value rich media solutions to brand marketers,” added Hess. “All our new executives have incredibly relevant experience in the online media sales arena and extensive contacts with leading global brands. We are well poised for continued growth.”

VideoEgg is a unique advertising network enabling marketers to create rich media experiences that guarantee and deepen engagement across top social, video and gaming environments. The company’s model is changing the way brands deliver advertising and provides the industry’s most feature rich advertising experience. VideoEgg was recently recognized with an ASPY award for its innovative cost-per-engagement (CPE) pricing approach and accountable brand advertising platform. Puma, Coca-Cola, Unilever and Mercedes Benz have all used VideoEgg to increase the amount of time users spend with their brand content.

About VideoEgg, Inc.

VideoEgg is a new kind of rich media advertising network that guarantees brand engagement. The network is composed of over 100 million uniques across more than 400 leading video, gaming and social network sites as well as social applications, bringing outstanding consumer reach and engagement to its advertising partners. An advertising innovator, VideoEgg was the first to commercialize interactive advertising overlays onto video, an approach that is being widely adopted by the industry. Founded in 2005 and based in San Francisco, with offices across North America, in the UK and Australia, the company is privately held and backed by August Capital, First Round Capital, Maveron, WPP and Focus Ventures. For more information on VideoEgg, please visit http://www.videoegg.com.

Follow VideoEgg on Twitter: http://twitter.com/videoegg

AdFrames and VideoEgg are trademarks, servicemarks or registered trademarks in the United States and other countries. All other brands, names, or trademarks mentioned in this document are the property of their respective owners.

Otilia is the founder and editor of AdOperationsOnline.com, launched in 2008. She currently provides online business consulting through her company, RightFit Media, and blogs about all things online at www.otiliaotlacan.com.
Otilia Otlacan
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Category: Ad & Media Strategies, Ad Groups & Agencies, Ad Operations, Ad Serving, Ads by Creative, DoubleClick DFP, Internet Marketing Services, Rich Media Ads, VideoEgg