LA JOLLA, CA, April 13, 2011 /24-7PressRelease/ -- NewBlue, Inc., the fastest growing provider of integrated video effects technologies, and CommNexus, a nonprofit technology industry association that works to accelerate the success of the technology industry in the region, today announces that NewBlue has been accepted into EvoNexus, San Diego's only community-supported, fully pro-bono technology incubator.
Founded by proven, experienced entrepreneurs in digital media, NewBlue was created on the premise that video would become an integral part of popular culture and a critical player in the consumer marketplace. EvoNexus will support NewBlue on expanding market availability of Vibop, its upcoming patent pending, cloud-based technology that enables social networking with video across mobile devices and smartphones. Vibop is based on NewBlue's extensive and proprietary library of NewBlueFX video filters.
"EvoNexus is the perfect place to take NewBlue to the next level. San Diego boasts some of the finest cellular and mobile back-end technologies in the country," said Melissa Jordan Grey, co-founder and chief creative officer for NewBlue, Inc. "With the introduction of Vibop, we leverage this city's strong mobile foundations with a powerful, game-changing front-end."
EvoNexus and its sponsors will be providing NewBlue with project mentoring and consulting, access to senior executives, help with fundraising, graphic design and printing services and other forms of cost reduction. Previously operating as a virtual enterprise, NewBlue will now be centralizing its staff and developing in San Diego, having moved into office space provided by EvoNexus at beginning of April 2011.
"NewBlue has established itself as a premier provider of video special effects and editing software with the success of NewBlueFX," said Kevin Hell, chairman of EvoNexus. "This excellent foundation serves as a great springboard for its upcoming expansion into the consumer video sharing marketplace via Vibop. At EvoNexus, our goal is to support NewBlue in any way possible, ranging from the use of our sponsor's facilities and services to mentoring, oversight and events."
"Our association with EvoNexus elevates NewBlue's access to industry leaders. And with their support and infrastructure, we enter an exciting growth stage. This includes the process of finding outstanding local talent in San Diego, which we are proud to say, has already begun," added Todor Fay, co-founder and chief technology officer for NewBlue, Inc.
Vibop mobile video editing and social sharing technology will be available for mobile devices and smartphones in the second quarter, 2011. For more information, please visit www.newblueinc.com.
NewBlue enables video enthusiasts and professionals alike to customize media and stand out in a crowd. The company currently licenses technologies to industry leaders Adobe Corporation, Avid Corporation, Corel, Cyberlink, Magix, Pinnacle Systems, Thomson Grass Valley and Sony Corporation. NewBlue has invested over $1.5M in the development of more than 175 proprietary video processing technologies with several patents pending. NewBlue and its executive team are known for their ability to innovatively merge art with technology. For more information, visit www.newblueinc.com, connect with us on Facebook, or follow us on Twitter.
About CommNexus San Diego
CommNexus San Diego, formerly the San Diego Telecom Council, is a non-profit network of communications industry companies, defense industry companies, service providers, professional trade organizations, and local government. By introducing both national and international markets to the emerging technologies in our region, CommNexus positions San Diego as a world center for innovation in communications technology. Our core programs and on-line services, which include over 50 networking and technical events per year, funding & business development assistance to more than 100 companies annually, and an award-winning website & on-line portal, have formed a vast communications community in the San Diego region that is constantly growing. For more information, visit www.commnexus.org.