TechWeb

Vidshadow Partners With Next New Networks

Jun 30, 2008 (12:06 PM EDT)
URL: http://www.techweb.com/show-press-release/X705508/vidshadow-partners-with-next-new-networks.html

PLACENTIA, Calif., June 30 /PRNewswire-FirstCall/ -- Vidshadow, Inc. http://www.Vidshadow.com http://www.Vidshadow.tv ( ), an online video platform that partners with content providers, third party websites, and advertisers, today announced an agreement with Next New Networks, the leading independent new media company that creates, produces and super-distributes online television networks for targeted communities. This partnership will allow Vidshadow to syndicate Next New Networks' market-leading programming across the Vidshadow network, which includes both affiliate sites and company owned online destinations such as .

Next New Networks currently operates twelve successful networks within the automotive, entertainment, pop culture, fashion and politics categories, including hit networks such as: Channel Frederator, Barely Political, Fast Lane Daily, Garage 419 and VOD Cars.

This agreement propels Vidshadow into the elite categories of online syndicated networks, providing a valuable outlet for brand advertisers and giving Vidshadow a boost in its efforts to expand its automotive affiliate sites for their syndication network.

"This strategic partnership is another important step for Vidshadow in broadening our library to include category driven content," said Jordan Hudgens, Chief Executive Officer, Vidshadow. "Our partnership with Next New Networks will ensure that our network has premium automotive, political and high quality animated online content. When we reach out to automotive viewers, affiliates and advertisers, we will be able to offer niche centric content that is relevant to viewers' expectations."

"Vidshadow's fast growing network provides us with several avenues through which to super-distribute our content," said Herb Scannell, Chairman and Chief Executive Officer, Next New Networks. "We are excited to have our content distributed through the Vidshadow platform and the opportunity to expand our audience reach through their robust network of targeted affiliates."

Vidshadow possesses best-in-class technology and a rapidly growing library of content, giving it an advantage over competitors in the space. The deal comes on the heels of Vidshadow's partnership announcements with FullTurn Media and National Lampoon.

About Vidshadow

Founded in 2006 by CEO Jordan Hudgens and based in Orange County, CA, Vidshadow http://www.Vidshadow.com is one of the Internet's fastest growing video distribution networks providing solutions to advertisers, content providers and affiliate web sites. Vidshadow offers advanced streaming video technologies for consumers and corporate enterprises to leverage for increased monetization and expanded brand reach. For more information, please visit .

About Next New Networks

Next New Networks is a new kind of media company, creating and programming online television networks for targeted communities, incorporating the best elements of television and the web. Since its start in March 2007, the company has launched sixteen networks, and its video programming has been viewed over 250 million times via the company's "super-distribution" strategy, which includes formal content partnerships with leading destinations including YouTube, iTunes, MySpace TV, AOL Video, Amazon Unbox, Veoh, Tivo, and Yahoo! Video.

Hit programming from Next New Networks includes Channel Frederator (home of "Internet People" and popular series The Meth Minute 39), Barely Political (the creators of Obama Girl), daily auto news network Fast Lane Daily, and Indy Mogul, a network for the YouTube generation of DIY filmmakers. The company, headquartered in New York, is privately owned, with investors including Spark Capital, Goldman Sachs and Velocity Interactive. For more information, please visit http://www.nextnewnetworks.com .

Forward-Looking Statements

Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond the Company's control that could cause actual events and results to differ materially from these statements. These risks include, without limitation, that there can be no assurance that any strategic opportunities will be available to the Company and that any strategic opportunities may only be available on terms not acceptable to the Company. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Vidshadow, Inc. undertakes no obligation to update publicly any forward- looking statements.

Contact: 5W Public Relations Christina Oh 212-584-4270 coh@5wpr.com

CONTACT: Christina Oh of 5W Public Relations, +1-212-584-4270, coh@5wpr.com, for Vidshadow, Inc.

Web site: http://www.Vidshadow.com/ http://www.nextnewnetworks.com/