RCS - Blackbird PLC - Blackbird wins a Queen’s Award for Enterprise 2022

BlackbirdAnnouncement

21/04/2022 07:00

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RNS Number : 7347I  Blackbird PLC  21 April 2022

 
Reach non-regulatory announcement

Blackbird plc (the "Company")

 

Blackbird wins a Queen's Award for Enterprise 2022

 

21 April 2022, London - Blackbird plc (AIM:BIRD; OTCQX:BBRDF), the technology
licensor, developer and seller of the market-leading cloud native video
editing platform, Blackbird, today announced that Her Majesty The Queen has
approved the Prime Minister's recommendation that the Company should receive a
Queen's Award for Enterprise for  International Trade 2022.

 

The Company's overseas sales have grown by 314% over three years and now
account for over 70% of total sales. Revenues are growing fastest in North
America where the Company has contracts with organizations including the
National Hockey League (NHL), A+E Networks, Univision and the US State
Department. North America is the world leader in media technology trends and
the adoption of cloud technologies and so it is particularly impressive that
an innovative UK technology company is seen to be breaking into the American
market.  The Company has also won multiple high profile contracts across
Europe, the Middle East and Oceania including BT, Sky News Arabia, Eurovision
Sport and the National Rugby League (NRL).

 

Blackbird provides a fast, powerful professional cloud video editing and
publishing platform. Powering scalable, collaborative production, Blackbird
enables instant access to video content for the easy creation of clips,
highlights and long form content for rapid content distribution. Proven to
reduce carbon emissions by up to 91% compared to traditional video editing
workflows, Blackbird also reduces infrastructure costs by up to 75% due to its
highly efficient cloud native architecture.

 

Blackbird CEO, Ian McDonough, said: "We are incredibly honoured to be the
winner of a coveted Queen's Award for Enterprise. The global technology
industry is generally assumed to be the preserve of large US companies and so
for a British challenger brand to break into the US media market, with
customers such as the NHL, Cheddar News, Univision and the US State Department
amongst others, is something we are very proud of at Blackbird. Our patented
technology that dramatically improves speed, cost efficiency and user
experience in the production process is proving a winning formula where there
is pressure on these areas from all sides. The technology has also been proven
to be compellingly sustainable when measured alongside our competitors' carbon
footprints."

Enquiries:

 

 Blackbird plc
 Ian McDonough, Chief Executive Officer
 Adrian Lambert, Chief Marketing Officer

 Tel: +44 (0)20 8879 7245

 Allenby Capital Limited (Nominated Adviser and Broker)

 Nick Naylor / Piers Shimwell (Corporate Finance)

 Amrit Nahal (Sales and Corporate Broking)

 Tel: +44 (0)20 3328 5656

 

 

About Blackbird plc

 

Blackbird plc operates in the fast-growing SaaS and cloud video market. It has
created Blackbird®, the world's most advanced suite of cloud-native computing
applications for video, all underpinned by its lightning-fast codec. Blackbird
plc's patented technology allows for frame accurate navigation, playback,
viewing and editing in the cloud. Blackbird® enables multiple applications,
which are used by rights holders, broadcasters, sports and news video
specialists, esports, live events and content owners, post-production houses,
other mass market digital video channels and corporations.

Since it is cloud-native, Blackbird® removes the need for costly, high end
workstations and can be used from almost anywhere on almost any device. It
also allows full visibility on multi-location digital content, improves time
to market for live content such as video clips and highlights for digital
distribution, and ultimately results in much more effective monetisation.

Blackbird plc is a licensor of its core video technology under its 'Powered by
Blackbird' licensing model. Enabling video companies to accelerate their path
to true cloud business models, licensees benefit from power and carbon
reductions, cost and time savings, less hardware and bandwidth requirements
and easy scalability.

www.blackbird.video (http://www.blackbird.video/)

www.linkedin.com/company/blackbird-cloud
(http://www.linkedin.com/company/blackbird-cloud)

www.twitter.com/blackbirdcloud (http://www.twitter.com/blackbirdcloud)

www.facebook.com/blackbirdplc (http://www.facebook.com/blackbirdplc)

www.youtube.com/c/Blackbirdcloud (https://www.youtube.com/c/Blackbirdcloud)

 

 

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