YesVideo CEO Set to Speak at Montgomery Technology Conference 2013
Santa Clara, CA (February 28, 2013) —Today YesVideo, a leading cloud platform for video memories, announced that CEO Michael Chang will present at the 2013 Montgomery Technology Conference in Santa Monica on Thursday, March 7.
Recognized as one of the premier technology conferences in the country, the Montgomery Technology Conference is an invitation-only event that will feature presentations from over 150 of the finest emerging growth private companies in the technology and media sectors. This is the 10th annual conference for Montgomery & Co., LLC, a leading investment bank for growth companies worldwide. The conference will be held March 6-7 at the Fairmont Miramar Hotel and Bungalows in Santa Monica, California.
Chang will speak about the great opportunities and challenges in the personal video space – such as demand for cloud storage, how connected TV can be used to view video memories, and the huge market opportunity for companies in the personal video space. His session is slated for Thursday, March 7th at 8:30am.
"I'm looking forward to meeting and speaking with industry leaders about emerging trends that we are seeing in our respective technology fields," said YesVideo CEO Michael Chang. "At YesVideo, we are dedicated to bringing the best in technology to the world of video memories, and our session will look at how we serve millions of customers each year and meet the clear demand for video digitization and, perhaps more importantly, cloud storage and the family social network."
YesVideo will be sharing some milestones and projections for the industry, including:
- An estimated 1.5 billion vintage videos remain un-digitized in the U.S. alone, representing a market opportunity of $15-20 billion for companies operating in the space.
- YesVideo is the industry leader of this nascent market, with a 42% market share.
- 10 million videos have been digitized to date by YesVideo
- YesVideo is storing over 3 petabytes of personal video data every 90-days
- YesVideo and its retail partners saw $55 million in revenue in 2012
- An average YesVideo customer transfers about 3 hours of video memories and spends 44 minutes per viewing session.
- With increasing availability in retail stores and online, vintage video transfer and storage emerged as a $130 million industry in 2012, and is expected to grow to $400 million by 2016.
The session at the Montgomery Technology Conference comes on the heels of YesVideo's recent launch of its iPhone application, which was the first of its kind on the market.
To learn more about YesVideo, please visit: http://www.yesvideo.com/
For more information on the 2013 Montgomery Technology Conference, including a full list of presenting companies, please visit www.monty.com.
YesVideo is a leading cloud platform for video memories. The company's patented technology allows them to efficiently transfer personal videos at scale. Customers may then view, edit and share their videos in the cloud. YesVideo has unlocked billions of classic family video moments and life events for seven million customers already.
Consumers may drop off their personal film (8mm, 16mm, VHS, Beta, etc.), prints, slides and photo albums at one of YesVideo's 34,000 retail locations at Costco, Walmart, Sam's Club, CVS/pharmacy and Rite Aid, or online at YesVideo.com. All material received by YesVideo go through either the East Coast production facility, located in Norcross, GA or the West Coast production facility, located in Santa Clara, CA.
About Montgomery & Co.
Montgomery & Co., LLC is a leading investment banking firm that provides merger & acquisition and private placement services to growth companies with a focus on media, internet and technology and the convergence of these sectors.
Montgomery has become the bank of choice for growth companies globally in these dynamic sectors by offering clients in-depth industry knowledge, financial expertise, access to key relationships and a high degree of customer service. The consultative and operating approach of the firm is immediately apparent in engagements with management, shareholders, and directors to formulate and execute on the chosen path for mergers & acquisitions and financing.
The firm is an accomplished partnership with deep expertise. The dedication to growth companies, combined with an extensive network of business relationships and proven execution capabilities, makes Montgomery & Co. a trusted advisor to its corporate clients and a valued resource to their investors.