Innovation Area Award 2006 for the Hamburg-based Company

Hamburg, 15th March 2006 – CoreMedia, the leader in content management and digital rights management technology, yesterday won the Innovation Area Award in the "Fastest Market Entry" category, at the CeBIT in Hanover, Germany. The Innovation Area Award was established in 2002 by Ernst & Young and IT-Adventure AG, and recognizes visionary IT ideas. The award is intended to encourage growth-oriented IT companies and innovative technologies.

"We're very excited about this recognition of our innovative performance and our business success," said Sören Stamer, founder and CEO of CoreMedia AG. "The boundaries between different industries are dissolving, and new business models are successfully exploiting new opportunities. Today, the ability to innovate is one of the most important factors for successful, long-term growth."

The Hamburg, Germany-based technology firm has already won a number of awards for its innovative products and corporate culture. Following the successful integration of CoreMedia DRM, the technology for digital rights management, in the company's product portfolio, and the extension of the product line-up to create a comprehensive range of content management solutions, CoreMedia 2005 earned the Frost & Sullivan Product Line Strategy Award. Red Herring, the US business and technology magazine, named CoreMedia in the list of Top 100 Europe 2005, recognizing it as one of the 100 most innovative technology firms in Europe and Israel.

CoreMedia was also nominated as one of the 66 finalists for the 2006 Information Society Technologies Prize (the IST Prize). The prize is awarded by the European Commission to recognize European companies and institutes that develop outstanding innovations in the area of information technology.

In 2004 and 20005, CoreMedia was named on the Deloitte Technology Fast 50, the list of the fastest-growing software companies in Germany, and on the Deloitte Technology Fast 500 EMEA as the fastest-growing provider of content management systems in Europe, the Middle East and Africa.

Its jury comprises Dr. Bernd Heinrichs (Director Business Development and member of the board of directors, Cisco Systems), Andreas Hedler (Director IT, Comtrade), Andreas Itzrodt (Manager TCE Europe, Ernst & Young), Werner Knoblich (Director Northern EMEA, Red Hat), Peter Körner (Strategic Business Development Manager, Adobe Systems GmbH), Dr. Martina Maier (Director, eXXellent solutions), Klaus C. Plönzke (Director, Pluralis AG), Dr. Rolf Reinema (Fraunhofer Institute SIT), Wilfried Reiners (Managing Partner, PRW Rechtanwälte), Hans-Dieter Schubert (Linux Business Development Manager EMEA, IBM Deutschland) and Eric Voss (Market Development Manager, Sun Microsystems).

CoreMedia – Any content, anywhere, in a trusted universe

As technology leader for Content Management and Digital Rights Management, CoreMedia develops innovative software, which secures, strengthens and expands content business. With the two products CoreMedia DRM and CoreMedia CMS, the company delivers the key components for each Service Delivery Platform, which manages, distributes and protects digital content. With a passion for excellence, CoreMedia is committed to develop first-class software products based on open standards for multi-channel delivery. As an active member of the Open Mobile Alliance (OMA), CoreMedia is committed to open standards and interoperability.

Founded in 1996 and headquartered in Hamburg, Germany, CoreMedia has over 130 employees and maintains a global network of partners that includes 500 professional consultants.

CoreMedia is a global innovation and technology leader for content technology. After winning the A.T. Kearney "Best Innovator" award, CoreMedia was recognized by Deloitte as the fastest-growing software company in Germany. In 2005 the Red Herring Magazine ranked CoreMedia in their Top 100 European companies for its leading role in innovation and technology.

Leading portal operators and enterprises in all industries trust CoreMedia for reliable, high-quality service and integrated information management. Over 150 companies at all 5 continents within the telecommunications, media, industrial and financial sectors successfully work with CoreMedia’s technology amongst them industry leaders such as Bertelsmann, Continental, Deutsche Telekom, debitel, GMX, O2, EPCOS, NEC, Nokia, SEAT, T-Mobile, T-Online, Vodafone, Wincor Nixdorf, plus more than over 60 public-sector organizations. For more information, please visit www.coremedia.com.