26 Feb 2015 07:01
Change of Auditor
London, England and San Francisco, CA - 26 February 2015 - blinkx plc ("blinkx" or the "Company") announces that, in accordance with Resolution 5 of the 2014 Annual General Meeting, the Company has concluded a formal tender process for its statutory audit services, facilitated by Independent Audit Limited.
blinkx was delighted by the participation of many top-calibre firms throughout this process and, as a result, the Board has appointed PricewaterhouseCoopers ("PwC") as auditor for the financial year ending 31 March 2015. PwC have accepted the appointment. Shareholders will be invited to approve PwC's re-appointment at the Annual General Meeting to be held in July 2015.
Mark Opzoomer, Chairman of the Company's Audit Committee, commented: "We thank Deloitte for their diligent work and significant contribution as blinkx's auditor over many years and look forward to working with PricewaterhouseCoopers."
For further information please contact:
Analyst and Investor Contact Dan Slivjanovski blinkx plc (US) 650 731 2431
| Financial Media Contacts Edward Bridges/Charles Palmer FTI Consulting (UK) 020 3727 1000 |
NOMAD for blinkx plc Charles Lytle/Christopher Wren Citigroup Global Markets Ltd (UK) 020 7986 9756 | Joint Broker for blinkx plc Lorna Tilbian/Mark Lander/Nick Westlake Numis Securities Limited (UK) 020 7260 1000
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About blinkx
blinkx (LSE AIM: BLNX) is an Internet media company that connects consumers and brands through premium content online. Founded in 2004 in the UK, blinkx pioneered Internet Video Search using its patented COncept Recognition Engine (CORE). This technology leverages speech recognition, text and image analysis to deeply understand the meaning and context of video content to generate improved search relevancy for consumers and a brand safe environment for advertisers. Through its partnerships with hundreds of media companies, including NBC, Conde Nast, Reuters and Bloomberg, blinkx has indexed and search enabled millions of hours of video content. blinkx powers video search, discovery or monetization on thousands of online properties including Lycos, Discovery Networks, Hallmark and Fox Sports. blinkx is headquartered in San Francisco, California with 15 offices worldwide. For more information please visit www.blinkx.com.