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Press Release


Gwinnett Chamber Economic Development


DIGITAL MEDIA FIRM EXPANDS, SELECTS GWINNETT COUNTY FOR EASTERN U.S. OPERATIONS

YesVideo expand s into Gwinnett creating 300 new jobs for Metro Atlanta

Gwinnett County, Metro Atlanta, GA – YesVideo, the leader in digital video publishing technology, announced today that it would be opening up its new East Coast operations location in Gwinnett County, Metro Atlanta, Georgia. The company's new location will create 300 new jobs for Gwinnett and Metro Atlanta over the next three years. This announcement also represents another project win for Partnership Gwinnett, a community and economic development initiative targeting job growth and wealth creation for Gwinnett and the surrounding region.

“For high-tech companies like YesVideo that are reaching a wide customer base, the state of Georgia is perfectly situated,” said Governor Sonny Perdue. “We have a skilled workforce, the technical infrastructure, a terrific transportation network and a business-friendly environment that fosters success.”

YesVideo transforms consumer and professional video content from the format in which it was originally captured into new, evolving digital formats, allowing the content to be viewed and enjoyed for generations to come.  The company uses highly automated production technology that not only digitizes the video media to contemporary formats, but simultaneously indexes the content so it can be easily viewed, organized, edited, shared and archived.

Gwinnett County Commission Chairman Charles Bannister said, “YesVideo represents the type of high-quality, global, technology-based regional office we are working to attract to Gwinnett County. With high-wage jobs and a significant capital investment, we are proud they have chosen to call Gwinnett County and the State of Georgia, their East Coast home.”


Gwinnett Chamber Business Development Manager for Corporate HQs and Regional Offices, Lauren Salas, said of the expansion, “Securing YesVideo for Gwinnett County was a great project win. We worked with Chris Pumphrey and our partners at the State to create a package for YesVideo that would meet their needs and provide them fast and effective start-up for this new location.”

“The greater Atlanta area is a perfect location for the expansion of our production operations," says Gregory Ayres, COO of YesVideo.  "Metro Atlanta is well-centered, geographically, to service the entire eastern seaboard, Midwest and south central areas with cost-effective ground logistics.  In addition, the Gwinnett community has a ready labor force and extremely well-developed IT infrastructure to suit our growth plans.  Finally, support from Gwinnett, the Georgia Department of Economic Development and the Quick Start training program made Atlanta stand out above other areas.”

The build out of YesVideo's newly acquired 30,000 sq. ft. facility will produce millions in capital investment for Gwinnett and the 300 jobs will pay well above the industry's national averages.YesVideo will open its doors for business on March 16, 2009 and is located at 5300 Oakbrook Parkway, Suite 140, Norcross, GA 30093.

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About Partnership Gwinnett
Partnership Gwinnett is Gwinnett's economic and community development initiative. Led by the Gwinnett Chamber of Commerce and a host of public and private partners, the initiative targets the retention and expansion of existing Gwinnett businesses in addition to the development of new business in five key market segments: Healthcare; Advanced Communications; Information Technology; Trade & Distribution; and Regional/Corporate Headquarters. The ultimate goal is to promote economic wealth & diversification, increase education and work force excellence, improve quality of life and heighten visibility through marketing and outreach programs for the entire Gwinnett community. Partnership Gwinnett's five-year goal calls for the creation of 65,000 new jobs and $5.8 billion dollars in new wealth.

About Gwinnett Chamber of Commerce
Named one of the top three large chambers in the United States by ACCE, the Gwinnett Chamber of Commerce's membership varies from FORTUNE 1,000 companies to startups and stretches across the Atlanta region, from Hartsfield-Jackson International Airport to UGA in Athens. Representing more than 7,200 members, the Gwinnett Chamber is the Southeast's 6th largest chamber and focuses on creating and growing quality job opportunities while enhancing the community's quality of life.

About YesVideo
YesVideo, Inc. (http://www.yesvideo.com), the world leader in on-demand , digital video publishing, is dedicated to providing consumers easy and affordable solutions that index, organize, preserve and share their precious home movies and photos. As the leader in automated digital media authoring, YesVideo develops and utilizes video engineering and state-of-the-art software technology to enable top-quality, on-demand digital publishing. Founded in 1999 by Sai-Wai Fu, a pioneer in digital video compression technology, YesVideo is a privately held company, with headquarters in Santa Clara, CA. In addition to professional and corporate clients, YesVideo provides digital transfer services to consumers at 30,000 retail locations.

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