YUDU Media Named One of the 50 Fastest Growing Digital Media Companies in Europe

YUDU Media Named One of the 50 Fastest Growing Digital Media Companies in Europe

Digital publishing firm named to Media Momentum Top 50 for second year

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 on 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 www.gpbullhound.com.

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