30 Jan 2014 14:54
BLINKX PLC
Statement Regarding Share Price Movement and Market Speculation
London, England and San Francisco, CA.30 January 2014 - blinkx plc ("blinkx" or the "Company") notes the recent share price decline and related market speculation. As a matter of course, the Company does not normally comment on such matters. However, blinkx has noted a recent blog post by a Consultant paid by unnamed third parties, in which he discloses, "I prepared a portion of this article at the request of a client that prefers not to be listed by name." blinkx strongly refutes the assertions made and conclusions drawn in the blog post. The Company confirms there has been no material change to the operational and financial performance or outlook for the business, and that Fiscal Q3 trading was in line with management expectations.
About blinkx
blinkx (LSE AIM: BLNX) is an Internet media company that connects consumers and brands through premium content online. Founded in 2004, 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. Today, blinkx is a broad digital media technology, distribution and monetization platform that connects consumers, advertisers and content across four screens. Through its partnerships with hundreds of media companies, including ABC, 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 AOL, Lycos, ABC, CBS and Fox Sports. blinkx is headquartered in San Francisco, California with 15 offices worldwide. For more information please visit www.blinkx.com.
Press Contacts for blinkx plc
Edward Bridges
Charles Palmer
FTI Consulting LLP
+44 (0)20 7831 3113
Charles LytleChristopher WrenCitigroup Global Markets LtdNOMAD and Joint Broker for blinkx plc+44 207 986 4000
Lorna TilbianMark LanderNick WestlakeNumis Securities LimitedJoint Broker for blinkx plc+44 207 260 1000