Valkee Closes Angel Funding With Esther Dyson and Anssi Vanjoki

HELSINKI, December 15, 2010 - Esther Dyson and Anssi Vanjoki have invested in Valkee as part
of company's EUR 400,000 angel round. Valkee makes the bright light headset
to treat and prevent seasonal affective disorder and other depression types.
In clinical trials, 9 out of 10 patients have had symptoms relief in four
weeks, using Valkee 8-12 minutes daily - a revolutionary result.

"Our goal is to create a new category of depression
treatments. Esther and Anssi are essential advisors in this journey",
comments Juuso Nissila, CEO and Co-Founder. The other investors included Jyri
Engestrom, a Jaiku Co-Founder, and Lifeline Ventures, an early-stage
investment fund and accelerator.

Esther Dyson is an angel investor, a commentator on emerging
digital technology, an entrepreneur, and a philanthropist. In 2010, Bloomberg
Businessweek selected her as a top 5 angel investor in the world.

Anssi Vanjoki has been in Nokia's group executive board
1998-2010. He has held several key management positions across Nokia
including its Markets, Multimedia and Mobile business units.

Valkee is currently available for European countries via
company's web store at valkee.com/en.

Valkee

Valkee is the maker of bright light headset to cure and
prevent depression. Valkee delivers bright light direct into the brain via
ear canal, where the skull is at its thinnest. In clinical studies, 9 out of
10 seasonal affective disorder patients had symptoms relief in four weeks,
using Valkee daily for 8-12 minutes - a revolutionary result. For more
information www.valkee.com/en.

Media contact: Timo Ahopelto, +358-400-569-628, timo.ahopelto at valkee.com .