GoFish Corporation (OTCBB:GOFH), the leading publicly-traded
online video company where millions of people come to upload, share,
and watch videos, today announced content licensing partnerships with
CultureCatch, Inc. and Soma Management LLC to deliver a wide variety
of appealing digital entertainment and lifestyle programs on the
GoFish Network.
These strategic partnerships provide GoFish's community of nearly
6 million monthly unique users access to an expansive array of new
programming. From CultureCatch's insightful celebrity interviews to
Soma Management's unique lifestyle channels for women, GoFish will add
hundreds of new programs to its growing collection of licensed
content. As part of the agreement, GoFish will share revenue from
advertising sponsorships of both companies' respective material.
"These collaborations with CultureCatch and Soma Management enable
GoFish to continue to bring a greater variety of high-quality,
original content to our burgeoning community," said Michael Downing,
founder and CEO of GoFish. "By consistently offering the most
comprehensive mix of programming on the Internet, GoFish also has
created a compelling environment that attracts top-flight advertisers
who wish to be associated with our dynamic community."
CultureCatch is an online podcasting magazine dedicated to the
creation of audio/video interviews with today's cultural artists. The
insightful interviews explore topics in art, literature, music, and
film, and focus on artists who have millions of fans in their
respective creative fields. CultureCatch's collection of interviews
includes such artists as David Lynch, The Shins, Henry Rollins, Justin
Theroux, and Laura Dern, among many others.
"CultureCatch strives to bring greater attention to artists who
are typically underserved by the mass media," said Richard Burns,
co-founder of CultureCatch. "This partnership with GoFish provides us
with an opportunity to elevate CultureCatch and the profile of these
artists to a much larger audience."
Soma Management is committed to the creation of fully-developed
lifestyle brands and properties centered around original stories,
imaginative visuals and empowering messages that inspire people. An
original content creator, the company brings a business and technology
savvy to women's lifestyle interests, producing digital media content
in the teen, luxury, travel, health, fashion and beauty markets.
"We're thrilled to offer our high-quality and entertaining content
through the GoFish Network," said E.C. Morgan, CEO of Soma Management.
"Since the introduction of our women's lifestyle programs last
November, Soma Management's goal has been to deliver our programming
to the widest possible audience, and launching channels on GoFish
enables us to reach a new and significant community of viewers."
About GoFish Corporation
GoFish Corporation, 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.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.
