www.movenetworks.com - Move Networks, American Fork Peggy M. Hayes, 801-209-8813 phayes@movenetworks.com Move Networks, the leading Internet television services provider, today announced that the company's chief executive officer, John Edwards, received the Ernst & Young Entrepreneur Of The Year(R) 2008 Award in the Technology category in the Utah Region. John Edwards was selected by an independent

panel of judges, and the award was presented at a gala event in Salt Lake City on Friday, June 27, 2008. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses

"It is a great honor to receive this award from Ernst & Young," said John Edwards. "I attribute the award not only to a great company, but also to the commitment, innovation and entrepreneurial spirit that all Move employees bring to work every day. Move pioneered high-quality video streaming online with fast start times, smooth playback and no buffering. We have transformed how online video is published and consumed. Over the past two years we've worked with some of the largest media companies around the world to deliver the highest quality live and on-demand television on the Internet."

"Ernst & Young is pleased to honor outstanding business leaders such as John Edwards," said David Jolley, Ernst & Young Entrepreneur Of The Year Program Director for Utah. "Winners of the Entrepreneur Of The Year award build leading businesses and contribute a great deal to the communities around them. Their success helps our area grow stronger."

The Ernst & Young Entrepreneur Of The Year awards celebrate their 22nd anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial performance and personal commitment to their businesses and communities.

As a Utah Region award winner, Edwards is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2008 National program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 15, 2008. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nation's most prestigious gathering of high-growth, market-leading companies.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year awards are pleased to have the Ewing Marion Kauffman Foundation and SAP America as national sponsors.

In Utah, local sponsors include Deseret News, Digital Bytes Production and Design, Diversified Insurance Brokers, Scherzer International, Spring2, The Summit Group Communications and Utah Business Magazine.

About Move Networks

Move Networks, Inc. is a leading provider of Internet television services that drive the growth and support of online audiences for leading broadcasters and publishers, including Fox, ABC, the CW and Discovery. The video technologies and services developed and managed by Move Networks enable leading brands to deliver live and on-demand programming to millions of people without the buffering, stalling and low-quality viewing experiences common with competing technologies.

About the Ernst & Young Entrepreneur Of The Year Awards

Ernst & Young's Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential. For more information, please visit www.ey.com.

Award Recognizes Entrepreneurial Excellence in Technology Category