Frost & Sullivan Awards Proximity's Entrepreneurial Skills in the Digital Media Applications Market.SCOTTSDALE, Ariz. -- Frost & Sullivan will present its 2005 Digital Media Applications Entrepreneurial Company of the Year Award to Proximity Corporation at tonight's Excellence in Information & Communications Technologies Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry Awards Banquet. Frost & Sullivan presents the Award to Proximity in recognition of its entrepreneurial spirit in providing its customers with a robust and recognized solution, and exploring new avenues for growth. Founded in 1997, Proximity Corporation has approximately 50 employees working from global offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Sydney, and London. "Proximity has evolved over the past few years, gaining a lot of traction amongst potential customers, building up credibility on the performance of its flagship digital asset management product suite that includes, artbox, videoripper, xenotrack, and the Emmy Award-winning xenostore," says Frost & Sullivan industry analyst Mukul Krishna. artbox is the latest addition to Proximity's product suite. Based on a single platform, it obviates the need to blend solutions from multiple vendors as it integrates with all major graphics, editing, and playout systems. The product is easy to use as it utilizes a drag and drop A graphical user interface (GUI) capability that lets you perform operations by moving the icon of an object with the mouse into another window or onto another icon. For example, files can be copied or moved by dragging them from one folder to another. integration on the desktop. "artbox has been battle-tested in mission-critical broadcast environments and has thoroughly proven its robustness," notes Krishna. "It also has a modular architecture, making the solution highly scalable and has easy-to-integrate solution components for third-party applications." "Proximity is thrilled to receive the prestigious Frost & Sullivan Award A Sullivan Award may refer to:
Traditionally, the lifecycle of creative production (request, creation, use and deletion deletion /de·le·tion/ (de-le´shun) in genetics, loss of genetic material from a chromosome. de·le·tion n. Loss, as from mutation, of one or more nucleotides from a chromosome. of creative assets) requires manual interventions with a variety of hardware and software platforms. artbox integrates format conversion, storage, workflow management, and search and retrieval of artwork (video, graphics, script or audio) into a single device. Users can search, locate, transfer and transcode (1) To convert from one format to another. It implies conversion between very distinct kinds of data, such as from speech into text or from analog video into digital frames. Sometimes the term is used as nothing more than a fancier synonym for "convert. , edit clips, generate EDLs and manage media across multiple formats and platforms. artbox's workflow management module, introduces the concept of a "project," enabling the user the ability to associate multiple assets that exist in different formats and across multiple devices within a single story. In addition to product innovation, Proximity is actively engaged in driving key partnerships with original equipment manufacturers, resellers, channels, and integrators within the broadcast, corporate, enterprise content management (ECM (1) (Enterprise Change Management) See version control and configuration management. (2) (Error Correcting Mode) A Group 3 fax capability that can test for errors within a row of pixels and request retransmission. ), advertising, and postproduction post·pro·duc·tion n. A final stage in the production of a film or a television program, occurring after the action has been filmed or videotaped and typically involving editing and the addition of soundtracks. industries. Keeping in line with its growth vision, the privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. plans to actively explore new investment possibilities in 2005 that will enable concise, simultaneous market entry into the ECM, corporate, and possibly medical imagery sectors. The entrepreneurial spirit is very alive in this young company, which has gained market share in an extremely fragmented market. In recognition of this achievement, Proximity is the deserving de·serv·ing adj. Worthy, as of reward, praise, or aid. n. Merit; worthiness. de·serv  ing·ly adv. recipient of
the Frost & Sullivan 2005 Digital Media Applications Entrepreneurial
Company Award.
Held in Scottsdale, Frost & Sullivan's 2005 Excellence in Information & Communications Technologies Awards Banquet honors world-class companies for outstanding performance and achievements in the information and communications technologies markets. An annual event, the banquet recognizes the quality and merit of distinguished individuals and companies. About The Proximity Group Proximity was established in 1997 with offices in New York, London and Sydney. Proximity maintains close relationships with virtually all the major vendors in the broadcasting industry, enabling the company to provide comprehensive media asset management solutions across heterogeneous platforms to its customers. Proximity's xenomax and xenostore are the industry standard for the management and storage of video graphics and have won a Technology Emmy (Oct 2002.) Proximity products have a proven track record with installations in over 150 broadcasters across 16 countries. For more information about Proximity's product line, call 646-452-5820 or visit our web site at www.proximitygroup.com. About Frost & Sullivan Frost & Sullivan, a global growth consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a founded in 1961, partners with clients to create value through innovative growth strategies. The foundation of this partnership approach is our Growth Partnership Services platform, whereby we provide industry research, marketing strategies, consulting, and training to our clients to help grow their business. A key benefit that Frost & Sullivan brings to its clients is a global perspective on a broad range of industries, markets, technologies, econometrics econometrics, technique of economic analysis that expresses economic theory in terms of mathematical relationships and then tests it empirically through statistical research. , and demographics The attributes of people in a particular geographic area. Used for marketing purposes, population, ethnic origins, religion, spoken language, income and age range are examples of demographic data. . With a client list that includes Global 1000 companies, emerging companies, as well as the investment community, Frost & Sullivan has evolved into one of the premier growth consulting companies in the world. For more information, visit www.frost.com. |
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