Governor Perdue Announces Digital Media Company to Locate New Facility in Gwinnett County

ATLANTA, February 18, 2009 — Governor Sonny Perdue announced today that California company YesVideo, Inc. plans to locate a new facility in Norcross. The digital video imaging company will create 300 jobs in three years and invest millions in its Gwinnett County production facility. '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 original into current digital formats, allowing the content to be viewed and enjoyed for generations to come. The company uses highly automated production technology that digitizes the video media to contemporary formats and indexes the content so it can be easily viewed, organized, edited, shared and archived. The company has leased 30,000 square feet of space in the Oakbrook Technology Park in Norcross. 'The greater Atlanta area is a perfect location for the expansion of our production operations," said Gregory Ayres, COO of YesVideo. "Atlanta is well-centered, geographically, to service the entire Eastern Seaboard, Midwest, and South Central regions with cost-effective ground logistics. In addition, the community has a ready labor force and extremely well-developed IT infrastructure to suit our growth plans. Finally, support from the Georgia Department of Economic Development and the Quick Start training program made Georgia stand out above other areas.' "YesVideo represents the type of high-quality, global, technology-based regional office we are working to attract to Gwinnett County,' said Gwinnett County Commission Chairman Charles Bannister. '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." Chris Pumphrey, project manager with the Georgia Department of Economic Development, and Lauren Salas, business development manager with the Gwinnett County Chamber of Commerce, assisted the company in its location. About the company YesVideo, Inc. (http://www.yesvideo.com), a 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 a leader in automated digital media authoring, YesVideo develops and utilizes best-in-class 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. For more information, please contact Sharleen Reyes at [email protected]. The Georgia Department of Economic Development (GDEcD) is the state's sales and marketing arm, the lead agency for attracting new business investment, encouraging the expansion of existing industry and small businesses, locating new markets for Georgia products, attracting tourists to Georgia, and promoting the state as a location for film, video and music projects, as well as planning and mobilizing state resources for economic development.