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BARCELONA, SPAIN and PALO ALTO, CA -- (Marketwire) -- 10/10/12 -- WeVideo (www.WeVideo.com), the world's most powerful and easy-to-use online video editing platform, was announced today as a winner of the 2012 Bully Award honouring Europe's leading technology, media and telecommunications (TMT) companies as presented by White Bull (http://www.whitebull.com), champions of European innovation.

A total of 60 European companies were named as finalists for the 2012 Bully Award, and the deserving winners were selected from a pool of entries that included hundreds of nominated European TMT companies.

"We're incredibly pleased to be winning a 2012 Bully Award and to be recognized as a leading TMT company in Europe," said Jostein Svendsen, WeVideo CEO.

WeVideo is redefining video editing by leveraging the power and convenience of the cloud to make video creation accessible to anyone, from anywhere. WeVideo uniquely offers social video editing, where people can come together online to collaborate on video projects -- sharing libraries and editing. WeVideo's editor is available from any browser or as an integrated video editor within YouTube and Google Drive.

For a complete list of the 2012 White Bull Bully Award winners, please visit www.whitebull.com/latest.

About WeVideo
Based in Palo Alto, CA, WeVideo leverages the strength of the cloud to make video creation accessible to anyone, from anywhere. Founded in 2011, WeVideo is built upon market-proven technology originated in Scandinavia. The company raised $19.2M in a series A funding round in April 2012. WeVideo is available in any browser or as an integrated video editor within YouTube and Google Drive. To learn more, please visit www.wevideo.com.

About White Bull
White Bull Summits celebrates and champions European innovation. White Bull's aim is not simply to produce events; White Bull is here to help companies succeed. Built upon the extensive knowledge and network of its founders and advisers, and in the spirit of the "wily beast" that lives inside all successful businesses, White Bull offers a community that brings together the best and the brightest -- Europe's top technology and media leaders, entrepreneurs, innovators, investors, and visionaries. White Bull will respond to the needs and wants of the Technology, Media and Telecommunications (TMT) sector, while providing a forum for ongoing discussion. For more information, please visit White Bull at http://www.whitebull.com, like us on Facebook or follow White Bull on Twitter @whitebullsummit.

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