Veoh Viewers Download More Than a Quarter of a Million Videos

– Registered users and video catalog each grow 50 percent in January –

SAN DIEGO – February 15, 2006 –Veoh Networks, Inc., the first Internet Television Peercasting Network, today announced that video junkies have flocked to Veoh and downloaded more than 250,000 videos to enjoy on their PC or Mac, and increasingly on their portable media player and connected TV. That number is increasing exponentially each week.

The company also reported that its video catalog and registered user base rose in January by 50 percent over December 2005. Word of mouth has resulted in Veoh users rising to access to the more than 30,000 videos now available on the system. Much of the content on the Veoh Network are video series that can be automatically downloaded to a portable device once the viewer subscribes to the series, be it a daily video blog or weekly burlesque game show.

“Producers and viewers alike are finding value at Veoh, and they are telling their friends,” said Dmitry Shapiro, Veoh CEO. “Early results clearly show that a need exists for a new way to deliver and view TV, where anyone can broadcast and reach the entire universe. As people continue to yearn for finding more than what is on their TV set at home, they will continue to search for what’s of interest to them.”
Veoh also found that the top search terms among its viewers are “iPod” and “PSP”, further demonstrating the demand for content to fill the popular portable video players recently released by Apple and Sony. And while people still enjoy current TV shows on the go, they are also subscribing to classic cartoons, like early public domain Popeye and Superman episodes, skateboarding videos and popular video blogs.

About Veoh

Veoh software, installed on a PC or Mac, creates a virtual television network that allows video bloggers and independent producers, as well as film studios and TV networks, to distribute TV-quality, full-screen video to hundreds of millions of users with broadband connections. Producers can publish unlimited amounts of TV-grade video content to the network, providing consumers with unparalleled choice in television programming and control over their viewing experience.

Unlike rogue P2P networks that are used to share mostly pirated video, Veoh is a community of publishers and consumers, where published content is approved by editors, and consumers are assured they get what they request. The system also integrates tightly with RSS, providing content producers with easy publishing to multiple video systems, including automated downloading to portable devices.

About Veoh Networks, Inc.

San Diego-based Veoh Networks is the first Internet Television Peercasting Network, reaching hundreds of millions of viewers with broadband connections throughout the world. Veoh allows content producers, from video bloggers (vloggers) to motion picture studios, to deliver TV-grade, full-screen video directly to consumers, without financial, geographical or regulatory restrictions found in traditional broadcasting systems. Veoh is privately held and venture-capital funded.