VEOH ATTRACTS MORE THAN 14 MILLION UNIQUE USERS IN JUNE

VEOH ATTRACTS MORE THAN 14 MILLION UNIQUE USERS IN JUNE

LOS ANGELES, CA (July 12, 2007) – In June, Veoh Networks (www.veoh.com), the leading innovator in Internet television, announced that its user base grew to 14.3 million unique users. This marks a 223% overall rise in traffic since Veoh launched in February with 4.4 million users.

Veoh expects its growth to continue to accelerate with the further rollout of its VeohTV which it expects to further transform the online video landscape. Currently in beta, VeohTV acts as a specialized video browser and DVR (digital video recorder) for discovering, viewing and managing online video. VeohTV combines the breadth of the Internet with the simplicity of traditional TV and betters it with a patent-pending smart recommendation engine so that viewers can discover more of what they want to watch. Because VeohTV supports open Internet standards, it has access to virtually all of the content on the Internet.

“Our continued rapid growth shows that we have created a platform for experiencing online video that people truly want,” said Dmitry Shapiro, founder of Veoh Networks. “VeohTV will continue to revolutionize the Internet Television landscape, for users, publishers and for advertisers.”

To date, more than 85,000 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.

About Veoh Networks
Veoh Networks is an innovative Internet Television company that delivers broadcast-quality video programming via the Internet.

The Veoh Networks’ portfolio includes Veoh.com and VeohTV – a free downloadable application that turns online video into Internet Television. Veoh.com is an advanced video hosting and sharing site with over 85,000 content publishers – from Paramount Pictures, Lions Gate, PBS, National Lampoon, Road and Track and Us Magazine to thousands of independent filmmakers and content producers – that currently attracts over 14 million unique users per month. VeohTV makes it easy to turn any computer into a digital video recorder that allows viewers to watch and record shows from thousands of Internet video sources. For advertisers, Veoh offers compelling ways of engaging with a targeted audience and measuring performance of their ad buys.

Veoh Networks is a privately held company that is backed by leading technology and media investors, including Shelter Capital Partners, Spark Capital, Goldman Sachs, Michael Eisner’s Tornante Company, and Time Warner Inc. The company’s principal offices are in Los Angeles and San Diego, California.

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Media Contacts:

Debra Carey
VEOH/DAN KLORES COMMUNICATIONS
212-981-5219
Debra_carey {at} dkcnews(.)com

Jeffrey Klein
VEOH/DAN KLORES COMMUNICATIONS
212-981-5189
jeff_klein {at} dkcnews(.)com

A. Duncan MacVicar
Dan Klores Communications
386 Park Ave South, 10th Floor
New York, NY 10016
T: (212) 981-5132
F: (212) 981-5332
duncan_macvicar {at} dkcnews(.)com