Elemental Named Technology Growth Company of the Year

Technology Association of Oregon recognizes company performance, market expansion and technology leadership

Portland, Ore. – – Elemental Technologies, the leading supplier of video solutions for multiscreen content delivery, today announced it was named the Technology Growth Company of the Year by the Technology Association of Oregon (TAO). Elemental was recognized for its outstanding performance in growing revenue, headcount and market share over the past year. Winners of the annual Oregon Technology Awards were announced at a ceremony held the evening of April 25, 2013.

In 2012, Elemental doubled its annual revenue, doubled its headcount and grew its customer base to more than 250 media franchises across nearly 40 countries. The company’s growth is driven by trends in content viewing behavior as consumers increasingly shift to watching streaming video on TVs, smart phones, tablets and computers. Elemental customers successfully navigating these trends include the BBC, Comcast, ESPN, HBO and Warner Bros.

“The entire team at Elemental worked extremely hard to achieve the goals we set out to accomplish over the past year,” said Sam Blackman, CEO and co-founder of Elemental. “2012 was a tremendous year for our company. We look forward to continuing to build a great organization and contributing to the growth of Oregon’s technology sector.”

Elemental also received recognition in April from two industry trade publications. Multichannel News named Elemental CEO and co-founder Sam Blackman to its 40 Under 40 list and Streaming Media magazine named Blackman as one of ten Streaming Media All-Stars. In February, Elemental CTO Jesse Rosenzweig was named a 40 under 40 winner by the Portland Business Journal. In addition, Elemental is slated to receive a Portland Mayor’s International Business Award in the category of New Exporter on May 14, 2013.

About Elemental

Elemental Technologies is the leading supplier of video solutions for multiscreen content delivery. Founded in 2006 and headquartered in Portland, Oregon, the company pioneered the use of graphics processors to power adaptive video streaming over IP networks. Providing unmatched solutions for more than 250 leading media franchises worldwide, Elemental helps pay TV operators, content programmers, film studios and sports broadcasters bring video to any screen, anytime – all at once. The company has offices in the United States, the United Kingdom, Hong Kong, Singapore and Brazil. To learn more, please visit http://www.elementaltechnologies.com and follow @elementaltech on Twitter.