Qlipso Integrates Pioneering Social Features into Veoh.com; More Than Doubles Average Video Viewing Duration

Millions of Veoh Users can now Share Online Content With Live Interactive Webcams, 3D Animated Avatars, Voice Chat and Other Social Features

LOS ANGELES, August 4, 2010 - Innovative content sharing company Qlipso (qlipso.com/) today
announced that following the acquisition of substantially all of the assets
of the Web's 10th largest video portal, Veoh.com (www.veoh.com/) in
Spring 2010, it has successfully integrated its multiuser content-sharing
platform into Veoh.com. Veoh continues to draw strong usage among core and
new users, with more than 12 million unique monthly visitors in June 2010.

User engagement on Veoh.com continues to surge. The average
duration of videos watched on the site exceeded 10 minutes per video in June,
more than double the industry average of 4 minutes per video, as measured by
comScore (www.comscore.com/Press_Events/Press_Releases/2010/6/comScore_Releases_May_2010_U.S._Online_Video_Rankings).
Furthermore, within the Qlipso social content sharing environment, user
consumption has reached an unprecedented 20 minutes.

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Qlipso added its signature social feature, the "Share Live With Friends"
tab, in the top-left corner of the Veoh video player. This takes users to a
special social content room where they can share media and interact socially
- in real time - with others, represent themselves as 3D animated avatars as
well as chat live via instant messaging, voice chat and live webcams.

"We've made tremendous progress by implementing Qlipso's innovative
social features onto the global Veoh portal within 100 days from the
acquisition," said Jon Goldman, CEO of Qlipso. "With a strong team in
locations around the world, we are working to overhaul the user experience to
bring multi-user interaction to the world of mainstream content like videos
and music."

The Qlipso platform has already produced exciting results.

Since its asset purchase of Veoh.com, and subsequent integration of
social-viewing features within both sites, more than 2,000 new users per day
are registering for multi-user video viewing with Qlipso. Over 10,000 daily
visitors are sampling the Qlipso experience, where 20% of registrants have
never visited Veoh before. Qlipso is effectively expanding the audience on
top of lengthening the average viewing session.

In the coming weeks and months, Qlipso will be integrating other
socially-focused services into the Veoh portal, such as content-themed
viewing rooms, a virtual goods marketplace for Veoh's animated 3D avatars and
socially-interactive content-viewing parties during specific holidays,
concerts, sporting events and other entertainment.

"The future of online video is a fun, socially interactive environment
for people to share and enjoy all types of media, much in the way people
interact and socialize with each other in real life-and we're excited to be
leading this evolution," said Goldman.

About Qlipso

Qlipso, a Jerusalem Venture Partners (www.jvpvc.com) portfolio
company, is the first completely portable Web-based experience allowing users
to share any type of Flash-based media live and synchronized with their
friends and family in a relaxed and secure online social setting.
Personalization options include avatar creation and webcam support, thereby
enabling users to interact with each other while viewing the media
simultaneously. As a business partner, Qlipso integrates with websites to
allow their audience to invite friends to share content, as well as to open
up new revenue streams, like virtual item sales. The company has offices in
Los Angeles and in the JVP Media Quarter in Jerusalem. For more information,
please visit www.qlipso.com.

About Veoh

Now powered by Qlipso, the multiuser content-sharing platform, Veoh.com
features a library of more than one million videos, TV shows, online games
and other interactive content, and a user base of more than 12 million active
monthly viewers. The acquisition of substantially all of the assets of
Veoh.com by Qlipso in March 2010 enhanced Veoh's online video platform by
incorporating many of Qlipso's socially-interactive viewing and
content-sharing features. For more information, please visit
www.veoh.com/.

    MEDIA CONTACT on behalf of Qlipso
    Josh Sternberg
    Sternberg Strategic Communications
    P: +1-347-715-7347
    E: josh@sternbergcommunications.com

MEDIA CONTACT on behalf of Qlipso, Josh Sternberg, Sternberg Strategic Communications, P: +1-347-715-7347, E: josh at sternbergcommunications.com