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First Internet Television Peercasting Network Now Available


WEBWIRE

SAN DIEGO, CA – September 23, 2005 – Veoh Networks, Inc., the first Internet Television Peercasting Network, today announced the public availability and testing of its Veoh 1.0 Beta. Veoh 1.0 allows video content producers to publish full-screen video to the network and lets consumers easily find the specific video content they are seeking.

“We are excited to launch this first beta of our product, and start to get consumer and publisher feedback,” said Dmitry Shapiro, CEO of Veoh Networks. “Over the next few months you will see a wide expansion of our offerings – but in the meantime, there are thousands of shows now that viewers can watch and enjoy.”

Veoh software, installed on a PC or Mac, creates a virtual television network that is able to distribute TV-quality, full-screen broadcast video to hundreds of millions of users with broadband Internet connections. Motion picture studios, television networks, organizations and individuals can publish unlimited amounts of broadcast video content to the network, providing consumers with unparalleled choice in television programming and control over their viewing experience.

“With Internet Television available, the promise of the self published television world is a reality,” said Allen Weiner, a research vice president at Gartner, Inc. “Those who are avidly involved with video blogging can appreciate the work companies are doing to make video broadcasting a reality for anyone that wants to be heard and seen.”
Unlike rogue P2P networks that utilize unmanaged BitTorrent 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 Google Video and RSS, providing content producers with easy publishing to multiple video systems.

About Veoh Networks, Inc.
San Diego-based Veoh Networks is the first Internet Television Peercasting Network, reaching hundreds of millions of viewers with broadband Internet 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.



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