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Kaltura, Inc. (http://www.kaltura.com), developer of the first open source online video platform, and Digital Advertising Consortium (DAC), one of Japan’s largest digital marketing agencies, announced today that the companies have entered into a strategic partnership to distribute Kaltura’s open source online video platform to the Japanese market. DAC will be marketing a Japanese version of Kaltura’s video platform.

“We are honored to partner with such a leading force in Japan – we have found a true partner in DAC with an amazing group of people,” said Ron Yekutiel, Kaltura Chairman and CEO. “Over the past 18 months, Kaltura has emerged as the fastest growing online video platform in North America – now, together with DAC, we look forward to replicating that success in Japan.”

DAC was founded by several of the largest advertising agencies in Japan, including Hakuhodo DY Media Partners Inc., ASATSU-DK Inc., and I&S BBDO Inc. The company generates annual revenues in excess of 45 billion Yen by providing media, operations and technology services to more than 1,500 leading ad agencies and publishers in Japan, including Yahoo!, MSN, AOL, CNET, Reuters, Infoseek, Mixi, and Asahi. In addition, DAC’s AD-Visor NEXT online media planning system is the de-facto industry standard for media ad campaign planning in Japan, and its iPS-X ad-serving solution is used by more than 300 Japanese publishers.

“Several months ago it became clear that the Japanese market is in need of advanced online video functionalities, and therefore we decided to find the most suitable solution for our customers,” said Akihiko Tokuhisa, the Chief Technology Officer of DAC. “We selected Kaltura due to its unique approach to this market – with Kaltura’s open source platform we can now provide our customers powerful, viral and trackable video solutions, including a wealth of features, a rapid pace of innovation, the greatest flexibility and ease of integration, and all at the most cost-effective price point. It is a perfect fit to the market’s needs.”

About DAC

Digital Advertising Consortium (DAC) is digital marketing company, founded by several of the biggest advertising agencies in Japan, such as Hakuhodo DY Media Partners Inc., ASATSU-DK Inc. Based on three main services: Media, Operations and Technology, DAC provides high quality service for both buying and selling online advertising through a large network of websites. For internet media buying and selling, DAC plays a role of media rep to bring together publishers and agencies. DAC represents Japan's major websites: Yahoo! Japan, MSN Japan, Infoseek and many more. For more information, visit en.dac.co.jp.

About Kaltura

Kaltura provides the world's first Open Source Online Video Platform. Over thirty eight thousand web publishers, integrators, and application developers use our free and flexible platform to add advanced video and photo functionalities including uploading, importing, editing, annotating, remixing, publishing, syndicating, searching, monetizing, and monitoring. Founded in 2006, Kaltura’s open source code is available as a free Software Development Kit and as downloadable packages for leading platforms, including content management (Drupal), blogging (WordPress), collaboration (MediaWiki), enterprise (MindTouch), and education (Moodle). Kaltura also provides supplementary paid services including maintenance, support, integration, professional development, streaming and hosting, ad serving, content syndication, and aggregation of related third party services. Since its public launch, New York-based Kaltura has won numerous awards and endorsements, including the coveted TechCrunch40 People’s Choice award, Mashable’s ‘Open Web’ award, TWS’s 2008 ‘top 10 Israeli web startup’ award, Microsoft's 2009 'most promising Israeli web startup' award, AlwaysOn’s ‘top 250 startup’ and 'top 100 media company' awards, LeWeb’s ‘top 30 web startup’ award, the Open World Forum ‘Open Innovation’ award, Esquire Magazine’s ‘8 most promising Web 3.0 companies’, TVWeek’s ‘5 most promising video startups for 2009’, and IDC’s ‘top 10 innovative application companies’. Kaltura is also a founding member of the ‘Open Video Alliance’ (www.openvideoalliance.org), a coalition of organizations dedicated to fostering open infrastructure, tools, and standards for online video. For more information: www.kaltura.com and www.kaltura.org.

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