Veveo Announces Licensing Agreement with Motorola for vTap Web Video Discovery Application

Veveo Inc., a technology company that delivers the full power of
Internet video to mobile devices, today announced that it has reached
an agreement with Motorola to license its vTap(TM) web video
application. Through the licensing agreement, Motorola will have the
option to pre-install vTap software on new multimedia handsets,
beginning with the new MOTO Z10 device -- a complete, pocket-sized,
mobile film studio in a unique kick-slider form factor.

vTap (www.vTap.com) is a free web video discovery application that
enables consumers to quickly and easily search, discover and view
hundreds of millions of web videos from their mobile phones using
their existing data services. Optimized for Motorola´s multimedia
handsets, Veveo´s vTap application enables consumers to watch web
videos from their phone, share and send videos directly to friends via
SMS and receive automatic updates of their favorite videos.

"We´re thrilled to have this licensing agreement with Motorola, a
leader in wireless and broadband communications. This signifies
another important step as Veveo fulfills its mission of bringing vTap
to consumers whenever and wherever they want it," said Guru Pai, Vice
President, Strategy and Business Development Veveo.

About Veveo

Headquartered in Andover, Mass., Veveo(TM) brings the full power
of Internet discovery--including searching, discovery and viewing--to
consumers with its vTap service. vTap.com is the video discovery
network that enables consumers to view, share and discover all their
favorite web videos anytime. Consumers can join vTap by creating a
personalized profile at www.vTap.com . vTap is also available for
mobile devices at www.m.vTap.com. Veveo is actively working with TV
providers, mobile operators, consumer electronics manufacturers and
content creators to deploy its vTap solutions. Veveo is backed by
venture funding from Matrix Partners, Northbridge Venture Partners,
Norwest Venture Partners and OmniCapital Group. For more information
about Veveo, please visit, www.corporate.Veveo.net. For more
information about vTap, please visit www.vTap.com.