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Markit Signs blinkx for Video Media Monitoring

SAN FRANCISCO, CALIF. – March 3, 2009 – blinkx, the world’s largest video search engine, today announced a technology partnership with Markit, a financial information services company.  Markit’s clients, including banks, asset management firms and hedge funds, will now have organized access to business news video.

Markit will use blinkx’s advanced video technology, its massive index of online video and 450-plus content partnerships to provide its clients with comprehensive business news video coverage. The videos will be distributed on Markit’s Web site and the Markit Enhanced Feed.

“blinkx has the unique ability to index news feeds from a wide range of sources, thereby providing partners such as Markit with a comprehensive roundup of relevant news coverage on the Web,” said Suranga Chandratillake, founder and CEO, blinkx. 

“We are seeing an increased demand for consolidating content from a variety of sources,” said Mark Knill, managing director, Markit. “By partnering with blinkx, we are providing our clients with video news coverage from relevant sources across the Web, thereby deepening our commitment to provide them with relevant and timely information.”

As the pioneer in video search technology, blinkx has established a reputation as a smart way to search new forms of online content such as video. blinkx uses advanced speech-recognition technology to deliver results that are more accurate and reliable than standard metadata-based keyword searches, and powers video search for industry leaders including Ask, Real and Lycos.

About blinkx

blinkx plc (LSE AIM: BLNX) is the world’s largest and most advanced video search engine. Today, blinkx has indexed more than 35 million hours of audio, video, viral and TV content, and made it fully searchable and available on demand. blinkx’s founders set out to solve a significant challenge – as TV and user-generated content on the Web explode, keyword-based search technologies only scratch the surface. blinkx’s patented search technologies listen to – and even see – the Web, helping users enjoy a breadth and accuracy of search results not available elsewhere. In addition, blinkx powers the video search for many of the world’s most frequented sites. blinkx is based in San Francisco and London. More information is available at www.blinkx.com.

About Markit

Markit is a financial information services company with more than 1,100 employees in Europe, North America and Asia-Pacific. Over 1,500 financial institutions use our independent services to manage risk, improve operational efficiency and meet regulatory requirements. For more information, see www.markit.com.

Press Contacts for blinkx:

Tim Turpin
Sparkpr
+1 (415) 321 1894
tim.turpin@sparkpr.com

Nicole Love
Marlin PR
+44 207 869 8328
Nicole.love@marlinpr.com

NOMAD for blinkx
Charles Lytle
Citi