BWI: PlaySpan Selected by AlwaysOn as an AlwaysOn Global 250 Winner

Press release from Business Wire India
Source: PlaySpan India Pvt Ltd
Saturday, July 17, 2010 10:16 AM IST (04:46 AM GMT)
Editors: General: Entertainment, People; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
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PlaySpan Selected by AlwaysOn as an AlwaysOn Global 250 Winner
Recognized for creating technology innovations for the Global Silicon Valley

Mumbai, Maharashtra, India, Saturday, July 17, 2010 -- (Business Wire India) -- PlaySpan, the global leader in monetization solutions for online games, virtual worlds, social networks, and videos, today announced that it has been selected by AlwaysOn as one of the AlwaysOn Global 250 winners. Inclusion in the AlwaysOn Global 250 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players in the Global Silicon Valley. PlaySpan was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

PlaySpan and the AlwaysOn Global 250 companies will be honored at AlwaysOn's eighth annual Summit at Stanford on July 27th, 2010, at the Frances C. Arrillaga Alumni Center at Stanford University in Palo Alto, CA.

This two-and-a-half-day executive gathering that highlights the significant economic, political and commercial trends affecting the global technology industries. Summit at Stanford's goal is to identify the most promising entrepreneurial opportunities and investments in the global tech industry.

"After examining the companies that are on the AO Global 250 list, it's obvious that innovation is not only alive and well in the Global Silicon Valley, it's accelerating in economic power and scope." says Tony Perkins, founder and editor of AlwaysOn. "The companies certainly represent some of the highest-growth opportunities in the private company marketplace."

The AlwaysOn Global 250 winners were selected from among thousands of domestic and international technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2010 list.

"I'm extremely proud of the team at PlaySpan who's commitment and dedication is recognized by this nomination," said Karl Mehta, Founder & CEO of PlaySpan. "To be a Global 250 winner is another major achievement for PlaySpan, and this award re-affirms our position as the global leader in providing Monetization on DemandTM for the world's most innovative entertainment brands and companies."

A full list of all the AlwaysOn Global 250 winners can be found on the AlwaysOn website at:http://www.aonetwork.com/AOStory/Announcing-2010-AlwaysOn-Global-250

About PlaySpan, Inc

PlaySpanT is the global leader in monetization solutions for more than 1,000 online games, virtual worlds, and social networks. PlaySpan's patent-pending in-game digital goods commerce and micropayment platform enables game publishers and developers to generate new revenues, acquire new users, and extend the loyalty of existing users.

PlaySpan also provides global payment solutions through its UltimatePayT product which enables users to make safe, convenient, and friendly in-app purchases using over 85 global payment methods in 180 countries. UltimatePay includes PlaySpan's ULTIMATE GAME CARD®, the #1 selling multi-game pre-paid card, available in over 48,000 retail locations across North America and a growing list of countries worldwide.

PlaySpan is headquartered in Silicon Valley with offices in Ohio, Virginia, and Mumbai. Investors include Easton Capital, Menlo Ventures, STIC and Novel TMT Ventures. The company was honored as one of the 2010 OnMedia Top 100 and won the 2009 OnHollywood Category Award for Best Gaming Company.

For more information about PlaySpan, visit: http://corp.playspan.com

About AlwaysOn

AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn's preeminent executive event series includes the Summit at Stanford, OnMedia, OnHollywood, Venture Summit Mid-Atlantic, OnDemand, Venture Summit Silicon Valley, Venture Summit East, GoingGreen Silicon Valley, and GoingGreen East. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.




CONTACT DETAILS
Vinayak Rao, PlaySpan India Pvt Ltd, +91 9820045958, Vinayak.rao@playspan.com

KEYWORDS
ENTERTAINMENT, PEOPLE, MARKETING, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY

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