January 16, 2008

Online Music Video Portal Audiotube Acquires leading video encoding and playback technologies

Audiotube Ltd., a popular online music video portal, is pleased to announce that it has acquired industry leading video encoding and playback products and technologies from Editopia Inc (now known as CineFX), a UK based software development company that was backed by 3i and Benchmark Capital. CineFX developed a range of consumer-based software products and solutions for mixing, editing, encoding, uploading and playback of video. Their easy-to-use applications, CinePlay, CineCode and CineMix, answered the needs of the thriving online video community. (PR)