PlaySpan selected by AlwaysOn as an AO Global 250 top private company award winner

Mumbai, Sept 1 (ANI/Business Wire India): PlaySpan, the game industry's first publisher sponsored in-game commerce network, today announced that it has been chosen by AlwaysOn as one of the AO Global 250 list of private companies.

PlaySpan was recognized in the Consumer and Community category by the AlwaysOn editorial team and other industry experts spanning the globe, based on a set of five criteria: Innovation, market potential, commercialization, stakeholder value, and media buzz.

PlaySpan and the AlwaysOn Global 250 Top Private Companies were honored last month at the AlwaysOn and STVP Summit at Stanford on July 22-24, 2008 at Stanford University.

This two-and-a-half day executive event highlights the significant economic, political and commercial trends disrupting global technology industries and features the most innovative companies, eminent technologists, influential investors and journalists in keynote presentations, panel debates and private company CEO showcases.

"The AO Global 250 winners have excelled in key strategic areas in the global technology markets," said Tony Perkins, founder and CEO of AlwaysOn.

"We congratulate them for their success in introducing new tools, services, and platforms that are driving the next phase of innovation and creating real value at an economically uncertain time," added Tony.

The gaming industry's first publisher sponsored in game commerce network, PlaySpan helps online game publishers leverage the burgeoning market of microtransactions of virtual goods.

PlaySpan's ease of use and seamless integration with gaming interfaces makes it the simplest management tool for virtual economies, as well as the best defense against gold farming, fraud, and other exploitative user behavior. PlaySpan earned this prestigious award from AlwaysOn because of its business solutions and superior end user product.

"Our success has been the result of our integrated digital goods monetization platform that is empowering content publishers to support microtransaciton based model and further enhance the user experience," said Karl Mehta, CEO of PlaySpan Inc. (ANI)