GoFish Announces Two Strategic Licensing Partnerships
Agreements Bring Premium Entertainment Content from WatchMojo.com and DrinksTV.com to GoFish Network
SAN FRANCISCO - March 20, 2007 - GoFish Corporation, the leading publicly traded online video company where millions of people come to watch, upload and share videos, today announced partnerships with Mojo Supreme and DrinksTV. The agreements with two of the Internet's premium video content producers will provide direct access to a comprehensive assortment of appealing made-for-Internet and licensed content on the GoFish Network.
Select videos from WatchMojo.com, a unit of Mojo Supreme, and DrinksTV.com will be licensed for viewing by the GoFish community, allowing GoFish's nearly 9 million monthly unique visitors access to hours of original video entertainment.
"These partnerships with Mojo Supreme and DrinksTV are ideally suited to the GoFish Network," said Michael Downing, founder and CEO of GoFish. "Offering a wide variety of high quality made-for-Internet and licensed content is key to building GoFish into one of the most valuable video destinations on the Web."
WatchMojo.com, a unit of Mojo Supreme, boasts one of the largest and most eclectic libraries of original video content on the Web. With five to ten new clips posted each day, the site features entertaining and informative one- to three-minute videos relating to an array of topics including fashion, entertainment, lifestyle, travel, health, technology, video games, and much more. Watchmojo's vast collection of more than 4,000 video clips is currently available for viewing in English, Spanish and French, with plans for versions in many more languages over the next year.
"The rise of user-generated and appropriated video in 2006 proved that watching video on the Web was a popular activity," said Ashkan Karbasfrooshan, president of Mojo Supreme. "We are confident that our content strategy and proven execution will help us make this partnership with GoFish a successful one that can increase the GoFish Network's viewership and WatchMojo.com's brand equity while boosting revenue for both companies."
DrinksTV, the Internet's definitive source for alcohol beverage information and entertainment, features the most comprehensive instructional video library of cocktail mixology on the Web. With a collection of more than 400 engaging how-to videos, DrinksTV provides access to a robust, searchable database of over 5,000 cocktails to help make the perfect drink for any occasion.
"DrinksTV is extremely pleased to be working with GoFish," said John Kyle, President. "We are excited to be expanding our existing content reach with GoFish's targeted delivery platform."
About GoFish Corporation
GoFish Corporation, (OTCBB: GOFH) headquartered in San Francisco, is a leading consumer online video destination that, in two years, has grown to deliver millions of videos per month to a rapidly growing audience of enthusiasts. An early entrant into the user-generated video sector and the first publicly traded company in the space, GoFish is a place on the web where millions of people come to upload, share and watch their favorite videos from around the world. For more information about the company, go to www.gofishcorp.com.
About WatchMojo.com
WatchMojo.com is the Web TV unit of Mojo Supreme, a privately held and revenue generating digital media, services and technology company founded in January 2006. WatchMojo.com is one of the largest producers of original video programming for the Internet and wireless markets, with a collection of more than 4,000 short, entertaining and informative video clips. The company's other core properties include the MetaMojo.com vertical search engine and the StreetMojo.com user profile matching platform. In addition to the WatchMojo.com free consumer destination, WatchMojo.com's services unit creates high quality, custom-made video clips for some of the most successful media companies and ad agencies.
About DrinksTV
DrinksTV is the #1 multimedia website for the alcohol/beverage industry and consumers. DrinksTV features the largest cocktail video library on the internet with over 400 how to videos. Learn how to make all the hottest cocktails. DrinksTV is the definitive source for alcohol beverage information and entertainment. With over 5,000 cocktails in our searchable database for ingredients, alcohol type, and more to make that perfect drink. www.drinkstv.com
Media Contacts for GoFish
Nils Erdmann, GoFish Corporation, 415-738-8705, nils@gofish.com
Tom Sarris, GoFish Corporation, 415-738-8705, tom@gofish.com
Investor Contacts for GoFish
Nate Wright, Market Street Partners, 415-445-3239, nate@marketstreetpartners.com
Joann Horne, Market Street Partners, 415-445-3233, joann@marketstreetpartners.com