GoFish Corporation, a Leading User-Generated Video Company, Goes Public and Completes $12 Million Financing



    GoFish Corporation (OTCBB:GOFH), Formerly Unibio, Inc., today
    announced the closing of a stock-for-stock merger with GoFish
    Technologies, Inc. The combined company will operate under the name
    GoFish Corporation and will assume and execute GoFish Technologies'
    user-generated video business plan as its sole business. GoFish will
    retain senior management led by its founder and CEO Michael Downing.

    In contemplation of the merger, GoFish completed a $12 million
    private placement of common stock and warrants to a group of
    institutional and private investors. The company plans to use the
    funds to strengthen its corporate infrastructure and product
    offerings, which will enable GoFish to deliver the next-generation
    consumer online video experience. "The successful completion of the
    merger and financing represent a major milestone for GoFish,
    positioning the company for accelerated growth," said Downing. "The
    financial resources and corporate visibility provided by today's
    announcement will enable us to accelerate the development of our
    online products, recruit additional key team members and build out our
    infrastructure as well as aggressively grow our community of video
    enthusiasts."

    GoFish Corporation is a leading online video destination for
    user-generated video, as well as commercial video content, accessible
    on-demand. Members of the GoFish community have watched hundreds of
    millions of videos over the last two years utilizing the GoFish
    platform to upload, share, search for and watch videos from around the
    world. GoFish was one of the earliest companies to deliver innovative
    technology in the user-generated video space, and recently launched a
    first-of-its-kind branded original programming product -- a reality
    themed video series called "America's Dream Date."

    GoFish was founded in 2003 by current CEO Michael Downing.
    GoFish.com is currently visited by more than 2.5 million unique users
    every month. GoFish's devoted user base and innovative technologies
    position the company well in the emerging online video advertising
    market. According to research by eMarketer, the market for online
    video advertising is expected to grow from $385 million in 2006 to
    $2.35 billion by 2010. 63.6% of all US Internet users in August 2006
    streamed video online, equating to 110 million people, according to
    ComScore.

    About GoFish Corporation

    GoFish Corporation, headquartered in San Francisco, is a leading
    consumer online video destination which in two years has grown to
    deliver millions of videos per month to a rapidly growing audience of
    enthusiasts. GoFish is a place on the web where millions of people
    come to upload, share and watch their favorite videos. For more
    information about the company, go to www.gofish.com.

    Forward-Looking Statements

    This press release contains 'forward-looking statements' within
    the meaning of Section 27A of the Securities Act of 1933, as amended,
    and Section 21E of the Securities Exchange Act of 1934. Although the
    forward-looking statements in this release reflect the good faith
    judgment of management, forward-looking statements are inherently
    subject to known and unknown risks and uncertainties that may cause
    actual results to be materially different from those discussed in
    these forward-looking statements including, but not limited to, our
    inability to generate sufficient operating cash flow from advertising
    revenue, a reduction in the demand for user-generated video and
    related services, a fall-off in search engine directed traffic to our
    web site, and general economic conditions. Readers are urged to
    carefully review and consider the various disclosures made by us in
    the our reports filed with the Securities and Exchange Commission,
    including those risks set forth in the Company's Current Report on
    Form 8-K filed on October 31, 2006, which attempt to advise interested
    parties of the risks and factors that may affect our business,
    financial condition, results of operation and cash flows. If one or
    more of these risks or uncertainties materialize, or if the underlying
    assumptions prove incorrect, our actual results may vary materially
    from those expected or projected. Readers are urged not to place undue
    reliance on these forward-looking statements, which speak only as of
    the date of this release. We assume no obligation to update any
    forward-looking statements in order to reflect any event or
    circumstance that may arise after the date of this release.