VEOH’S TRAFFIC INCREASES BY 184% SINCE FEBRUARY

VEOH’S TRAFFIC INCREASES BY 184% SINCE FEBRUARY, ATTRACTING MORE THAN 12.5 MILLION UNIQUE USERS IN MAY

SUBSTANTIAL GROWTH CONTINUES TO ATTRACT MAJOR CONTENT PROVIDERS

LOS ANGELES, CA (June 13, 2007) – In May, Veoh Networks (www.veoh.com), the leading innovator in Internet television, announced that its user base grew to 12.5 million. This marks an increase of 19% over April, and a 184% overall rise in traffic since Veoh launched in February with 4.4 million users. This tremendous growth has helped Veoh continue to attract major content providers who are looking to reach its rapidly expanding audience. In the months ahead, Veoh will be launching several new, revolutionary products that will further significantly change the face of Internet television and cement Veoh’s position as the category’s foremost visionary.

To date, more than 70,000 video publishers — from independent producers to some of the best known brands in music, sports, politics, and entertainment — have chosen Veoh, including CBS, Billboard, Paramount Pictures, Us Weekly, Car and Driver, National Lampoon, Lionsgate, Road and Track, and PBS. Through its powerful syndication system, Veoh automatically syndicates content published on its site to YouTube, Google Video, and MySpace Video, allowing Veoh’s publishers to reach the largest audience in the world.

“These numbers reflect a surge in the power and reach of Internet video, and the value that users place on the breadth of high quality, interesting content available on Veoh. Whether viewers are seeking branded shows about music, movies, television, comedy, cartoons or sports, or the latest user-generated content, Veoh delivers a diverse range of choices,” said Dmitry Shapiro, CEO of Veoh Networks. “But we have only just begun. In the coming month, Veoh will unveil the first in a series of next generation products that will significantly impact the entire Internet Television landscape.”

While other video sharing sites only offer “video-snacking” of short, grainy clips, Veoh viewers are able to watch long-form, full-screen DVD-quality videos online and offline on any screen thanks to Veoh’s unique peer-to-peer network design and the Veoh Player — which acts as a virtual Internet Video DVR. Veoh also recently launched its pioneering Home Delivery feature, which gives viewers the freedom to browse and select video content at any time, from any place with an Internet connection, and have it waiting on their Veoh Player when they are ready to view it.

A. Duncan MacVicar
Dan Klores Communications
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