blinkx, the world’s largest and most advanced video search engine, today announced that it is the fastest growing video site in the U.S., and also one of the fastest growing online sites in the U.K., as users continue to turn to blinkx to find video content ranging from premium high definition movies and sports, to breaking news and top quality niche content.

According to findings just issued by Compete.com, blinkx is the fastest growing video site among the top 20 video competitors in the U.S. Its traffic grew by 1,036% between July 2007 and July 2008, boosting blinkx to 16th place among the top 20 video sites.

In another recent report, Nielsen Online listed blinkx.com as the ninth fastest growing site in the U.K. as its traffic soared 681% between June 2007 and July 2008. The report noted: “Video is one of the fastest-growing sectors and blinkx is allowing viewers to search across millions of hours of professional and consumer-generated video. The site also taps further into the social media phenomenon by enabling viewers to build customized video walls for their blogs or MySpace pages.”

“As more and more television, movies and other video content is available online – tens of millions of hours and counting – we have noticed a sharp increase in visitors who are looking for their favorite show or a recent news clip – whether it’s an well-loved sitcom, an Olympic moment or the latest U.S. convention speech,” said Suranga Chandratillake, founder and CEO of blinkx. “It’s clear that there will continue to be great demand for our technology among users, advertisers and content owners who want to take full advantage of the exploding video Web.”

As a pioneer in video search technology, blinkx has built a reputation as the most effective way to search new forms of online content such as video. With more than 350 partners and 26 million hours of indexed video and audio content, including favorite TV moments, news clips, short documentaries, music videos, video blogs and more, blinkx uses advanced speech recognition technology to deliver results that are more accurate and reliable than standard metadata-based keyword searches.