LucidMedia Named AlwaysOn OnMedia 100 Winner

LucidMedia, an online contextual display advertising network and technology platform, today announced that it has been selected to the 2009 OnMedia 100 List. The OnMedia 100 Award is given to the top 100 private, emerging technology companies in the advertising, publishing, marketing, branding and public relations spaces. LucidMedia was selected by the AlwaysOn editorial team based on demonstration of growth, market opportunity, quality of innovation and customer traction.

"We are very pleased to be recognized with this honor, as LucidMedia has made many significant strides during the past year, ranging from our introducing the industry's first Spanish-language contextual advertising platform to distributing our technology across the Yahoo! Right Media Exchange and a growing base of other partners, " said Ajay Sravanapudi, LucidMedia President and CEO. "We are extremely well-positioned for continued progress throughout 2009 and are grateful to the AlwaysOn team for recognizing our efforts to-date."

LucidMedia and the other OnMedia 100 winners will be recognized at the OnMedia 100 Conference at the Ritz Carlton, New York City, on February 2-4. This two-and-a-half day executive conference is co-presented by Forbes and will feature presentations and high-level debates from CEOs, journalists, industry experts, investors and publishing and advertising executives.

"The 2009 OnMedia 100 companies have demonstrated their tenacity even in the toughest economic conditions that the technology world has ever encountered, " said Tony Perkins, founder and editor of AlwaysOn. "We applaud their success in pushing the boundaries of innovation, creating market opportunities and transforming the industry even in the earlier stages of their businesses."

The OnMedia 100 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2009 list.

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