London, UK. - 20 May, 2011 - Digital publishing company YUDU Media (
www.yudupro.com) announced today that it has once again been honoured with a Media Momentum award recognising the most innovative and fastest-growing companies in the European Digital Media Economy. The awards are organised by technology investment bank GP Bullhound. Winners were feted at an awards ceremony in Barcelona on the evening of 19 May.
Entrants for the awards must have a turnover of at least €1.5 million in 2010 and be headquartered in Europe. The Top 50 fastest growing companies were ranked by their annual revenue growth rate between 2008 and 2010.
"YUDU continued its hot streak in 2010 in terms of revenue growth, and the company's profile has really taken off as it has positioned itself squarely in the centre of the iPad reader App trend," said Manish Madhvani, Founding Partner at GP Bullhound and Chairman of Media Momentum 2011 awards judging panel. "It's an exciting time for the Digital Media industry, and YUDU is right at the heart of the action."
"We're honoured to have received such a prestigious award," said Richard Stephenson, CEO of YUDU Media," and most grateful to the hundreds of customers who've selected YUDU as their trusted partner as they make the transition to digital publishing, whether that be a web-based magazine, an iPad reader App or some other avenue."
The Media Momentum award is one of several YUDU has received in recent months. Others include:
•Being named in the 2010 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in the UK.
•Being ranked in the Deloitte Technology Fast 500 EMEA 2010, a list of the 500 fastest growing technology companies in Europe, Middle East and Africa. Rankings are based on percentage revenue growth over five years.
YUDU customers include Reader's Digest UK, Virgin Holidays, Hair Ideas Magazine, US Tech, The College Journal and Runway Magazine.
To read the full list of this year's Media Momentum award winners, visit
http://www.gpbullhound.com.
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About YUDU Media
YUDU Media (
www.yudupro.com) offer digital publishing solutions for web, mobile and tablet reading. The YUDU Pro platform enables the self-publishing of magazines, catalogues, brochures and other publications to the web and directly into branded iPad/iPhone Apps. YUDU also offer a Fixed Layout Solution for publishers looking to sell on the iBookstore (
www.yudubooks.com), as well as free web publishing at
www.yudu.com, the eLibrary and content marketplace.
About GP Bullhound
GP Bullhound is a leading international investment banking firm providing advice on mergers & acquisitions and institutional capital-raising to emerging growth companies in the Technology sector. The firm was established in 1999, and has completed over 100 M&A and Private Placement transactions on behalf of Europe's leading entrepreneurs and business builders. Driven by some of the most experienced technology advisory professionals, GP Bullhound's long track record and dedicated approach has helped us establish a leading global position. We have strong domain expertise in the areas of Internet and Digital Media, Software and Services, Cleantech and Hardware, where we focus on providing pre-eminent advisory services to some of the best entrepreneurs, management teams and investors around the globe.