Navio Selected by World Economic Forum as 2006 Technology Pioneer
CUPERTINO, Calif., December 5, 2005 - Navio Systems, Inc. (www.navio.com), the leading provider of rights-based commerce solutions, today announced that it has been selected by the World Economic Forum as a 2006 Technology Pioneer. This marks a second award for Navio CEO and founder Stefan Roever, who was also named a Technology Pioneer while CEO of Brokat Technologies. Stefan will join 35 other global award winners at a summit meeting held in January in Davos, Switzerland. The summit annually unites top political, social, and business leaders to discuss worldwide challenges, share solutions, and set priorities for the future. Previous Technology Pioneers have included: Autonomy, Cambridge Silicon Radio, Encore Software, Google, Millennium Pharmaceuticals and Napster.
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Stefan Roever
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Technology Pioneers have been identified as developing and applying highly transformational and innovative technologies in energy, biotechnology and health, and information technology. This year's companies have been selected based on their innovation, potential long-term impact on business and society in the future, growth and sustainability indicating signs of a long-term market leader, proof of concept through practical applications of the technology, and visionary leadership.
Run by the World Economic Forum with Apax Partners and Deloitte Touche Tohmatsu as Strategic Partners, the Technology Pioneers program was established in 2000 to provide a new perspective on technological change. "The creative innovations produced by our Technology Pioneers hold the promise of significantly affecting the way business and society operate", said Peter Torreele, Managing Director of the World Economic Forum. "As a global knowledge hub, we see the Technology Pioneer community as key contributors to this dialogue and to the mission of the World Economic Forum."
Navio Solutions
Navio is a pioneer of rights-based
commerce. Navio's solutions are based on a groundbreaking new transaction
model, which enables consumers to purchase "rights" to digital content,
and not just the digital files themselves. From ringtones and mobile wallpaper,
to music and games, entertainment products today are almost always delivered
in digital format. Navio solves the problem of protecting those digital
assets through online services that enable legal file sharing, far-reaching
digital content distribution and commerce-enablement for online communities.
The Company's customers, which include leading music and media companies,
mobile carriers, and messaging providers, use Navio to protect their content
while enabling their subscribers to buy, share, download, store, and access
their digital content collections.
This new "rights-based" approach to commerce uniquely enables:
- More opportunities to buy - because commerce can now occur anywhere, every consumer interaction can become a sales opportunity, enabling "commerce at the edges of the network."
- More compelling products and consumer offers - content owners have more flexibility in how they publish and offer their content. They can sell individual items, or they can bundle related items together. Bundles can include multiple types of content. For example, a movie fan pack could include a PC game, movie soundtrack, and exclusive behind-the-scenes video clips. Bundles can also include products from any content location or fulfillment partner, without the need to centralize content.
- More valuable products - purchasers receive more than just a digital file, they receive rights. Rights can range from the ability to redeliver their content should they change devices or lose their mobile phone, to loyalty points to the right to share their content with ten friends. Users have access to their digital collection from anywhere - from their PC to their mobile phone, and from their home to their office.
Navio's application solutions include:
- The creation and management of digital commerce storefronts, accessible from any consumer touch point including web portals, mobile devices, and peer-to-peer networks.
- A "digital locker" for all registered users to transact, store and access their digital content at any time, including "redelivery" for lost content or upgraded devices.
- Digital content management, including the ability to package different types of content from multiple sources and brands into unique product bundles.
- Mobile and online marketing campaigns, which include services for customer acquisition, customer loyalty and retention, and retail point-of-sale programs
- Secure, rules-based rights management to include transaction and identity management
- Custom digital currencies, including the ability to create custom branded digital cash
"We are honored to be selected as a Technology Pioneer," said Stefan Roever, Navio CEO and founder. "This is a tremendous opportunity to meet with likeminded people who are trying to change the world, one innovation at a time."
More information on the World Economic Forum's Technology Pioneers and the 36 nominees can be found at: www.weforum.org/techpioneers.
High-resolution, print-quality photographs of the nominees can be downloaded from www.pbase.com/forumweb/techpioneers
About Navio
Navio is the leading ASP provider of mobile and digital commerce solutions
based on a powerful new transaction model called "rights-based" commerce.
Based around "rights" and not just files, Navio's solutions enable legal
file sharing, far-reaching content distribution and commerce-enablement
for online communities. Music and media companies, mobile carriers, and
messaging providers use Navio to package, promote, and sell digital goods
via any consumer touch-point - from mobile devices to web storefronts
to P2P networks - while protecting their digital rights. Navio, a privately
held company, is headquartered in Cupertino, California.
About The World Economic Forum
The World Economic Forum (www.weforum.org),
based in Geneva, Switzerland, is an independent organization committed
to improving the state of the world. Funded by the contributions of 1,000
of the world's foremost corporations, the Forum acts in the spirit of
entrepreneurship in the global public interest to further economic growth
and social progress. The Forum serves its members and society by creating
partnerships between and among business, political, intellectual and other
leaders of society to define, discuss and advance key issues on the global
agenda. Incorporated in 1971 as a foundation, the World Economic Forum
is impartial and not-for-profit, and is tied to no political, partisan
or national interests. In 1995 the Forum was awarded NGO consultative
status with the Economic and Social Council of the United Nations. (www.weforum.org)
Navio
Contact: Ulysses King
OutCast Communications
ulysses@outcastpr.com | main:
415-392-8282
direct: 415-345-4731 | cell: 510-435-2562
World Economic Forum
Contact: Matthias Lüfkens
Senior Media Manager
Tel.: +41 (0)22 869 1424
Fax: +41 (0)22 869 1394
matthias.luefkens@weforum.org
www.weforum.org