Vimeo Announces Winners of Inaugural 2010 Vimeo Awards at NYC Event

Nine Video Categories, Two Honorary Award Winners and One US$25,000 Grant for Best Overall Video

NEW YORK, October 10, 2010 - Online video sharing site Vimeo(R), an operating business of IAC
(Nasdaq: IACI) tonight announced the winners of the Vimeo Awards at a gala
awards ceremony hosted by Ze Frank at the SVA Theater in New York City.

    (Photo: photos.prnewswire.com/prnh/20101009/NY79562 )
    (Photo: www.newscom.com/cgi-bin/prnh/20101009/NY79562 )

"We developed the Vimeo Festival + Awards to recognize the people behind
the most original creative videos on the Internet and give them a venue to
learn from and inspire each other," said Blake Whitman, Co-Director of the
Vimeo Festival + Awards. "We received such incredible enthusiasm for this
inaugural event, and the quality of the work that people have submitted has
been incredible. The Vimeo Awards is a clear reflection of the influence and
growth of high quality video available on the Internet."

Submissions spanned the spectrum from traditional filmmaking to the use
of emerging technologies. The inspirational winners in the nine categories
are:

    1. Narrative: "Thrush" (vimeo.com/4131811) by Gabriel Bisset-Smith
    2. Documentary: "Last Minutes with ODEN" (vimeo.com/8191217) by
       Phos Pictures
    3. Music Video: "Liars 'Scissor'" (vimeo.com/9591751) by Andy
       Bruntel
    4. Animation: "Between Bears" (vimeo.com/13776542) by Eran Hilleli
    5. Original Series: "Break-ups The Series" (vimeo.com/11900273) by
       Ted Tremper
    6. Experimental: "oops" (vimeo.com/13788278) by Chris Beckman
    7. Motion Graphics: "TRIANGLE" (vimeo.com/13216490) by Onur
       Senturk
    8. Captured: "Fluid Sculpture" (vimeo.com/3599345) by Charlie
       Bucket
    9. Remix: "BREAKDOWN the video" (vimeo.com/13516268) by Kasumi

A distinguished panel of judges - including M.I.A., David Lynch, Roman
Coppola, Ted Hope, Lucy Walker, and Morgan Spurlock, to name a few - chose
the winners from more than 6,500 entries submitted from around the world.
Legendary cult Director David Lynch, who judged the Experimental Category of
the Festival commented, "The quality of films I watched for the Vimeo
Festival was A Number One."

Roman Coppola, film Director and founder and owner of The Directors
Bureau, who judged the Music Video Category of the Festival added, "There is
some really inventive stuff out there and I appreciated having a window into
the creative work that people are producing."

Vimeo Award for Best Video: "Last Minutes with ODEN"
(vimeo.com/8191217) by Eliot Rausch chronicles the last minutes of a
dog, Oden, who loses his struggle with cancer. It is a deeply personal story,
told from the perspective of Oden's owner Jason Wood. The film was shot using
a Canon 7D by Directors of Photography Luke Korver and Matt Taylor. Vimeo
awarded them with the Best Video Award along with a grant of US$25,000 for
the purpose of making a new, original work.

Morgan Spurlock, a judge in the documentary category said, "I am so happy
to take part in this acknowledgement of independent filmmakers from around
the world. It is definitely time for the online creative community to be
celebrated."

Jeremy Boxer, Co-Director of the Vimeo Festival + Awards reflected on the
Best Video winner, "'Last Minutes with ODEN' is one of those rare, intimate
shorts that leads with its heart and soul. The film has been crafted with
superb skill and is a testament to the new generation of creators that use
small cameras to tell personal tales. We are thrilled that this project has
been selected as our overall winner and recipient of the first Vimeo Awards
filmmaker grant."

Honorary Awards for Digital Maverick, spotlighting an individual for
pioneering spirit in the world of online video, went to the Neistat Brothers,
who have been making films and posting them online for the past decade. The
Feature Presentation award, honoring the vanguard and innovative release of
unique feature film online, went to Star Wars Uncut (2010 Interactive Emmy
winner), which took an iconic film and the online video community to
collaborate in a way that has not been seen before.

About Vimeo, LLC

Leading video sharing site Vimeo(R) provides the easiest way for people
to host and share their videos in high quality. The site provides great
privacy features and inspiring videos from a vibrant, respectful community of
creative users who care about how and where they show their work. Launched in
2004 and headquartered in New York, NY, Vimeo offers users a video sharing
experience that is both entertaining and easy to use. Vimeo is a 2010 & 2009
Time Magazine Top 50 Website. Vimeo, LLC is a subsidiary of IAC (Nasdaq:
IACI).

Deborah Szajngarten, +1-212-524-8776, press at vimeo.com