Veoh Networks Names Dow Jones Veteran Michael Henry As Senior Vice President Of Advertising Sales
January 16, 2008

– Company Also Taps Former Google Sales Exec Ron Carpinella To Expand Its Regional Sales Operations –

LOS ANGELES AND SAN DIEGO, CA – (January 16, 2008) – Veoh Networks (www.veoh.com), the world's most comprehensive Internet television service, today announced that Michael Henry has joined Veoh's executive management team as Senior Vice President of Advertising Sales, based in New York. Henry, a veteran of the digital advertising industry, comes to Veoh from Dow Jones & Company, where he most recently served as Vice President of the company's integrated corporate sales and marketing division and led multimedia advertising deals with many of Dow Jones' largest clients. In his new role, Henry will lead Veoh's national sales team in developing advertising solutions that allow brands to reach the millions of highly-engaged viewers who consumed more than 215 million video streams on Veoh last month.

To further support the Company's sales strategy and grow advertising revenue against Veoh's product lines, Veoh has also named Ron Carpinella as Director of Eastern Sales. Based in Atlanta, Carpinella joins Veoh from Google Inc., where he led southern US sales and operations and opened their highly successful Atlanta and Dallas offices.

"Advertisers want more effective ways to connect with their audiences and extend their brands online, and that's exactly what Veoh offers. We're expanding our sales leadership so that we can deliver even more innovative advertising opportunities across Veoh's vast universe of branded and independent video content," said Steve Mitgang, CEO of Veoh Networks. "As the Web increasingly becomes an extension of the TV experience, Veoh's comprehensive programming and highly engaged community will be a beacon for targeted marketing programs."

In addition to his executive leadership responsibilities, Michael Henry will open a New York office for Veoh and establish an important presence for the company in the world's leading advertising marketplace. This expansion follows a year of exceptional growth at Veoh, during which its audience grew an average of 20% per month to 23 million unique monthly viewers. In addition, Veoh viewers demonstrated high levels of engagement in 2007, generating more than 215 million video views and consuming a total of more than 30 million hours of content in December.

About Veoh Networks

Named one of AdWeek's Top 10 Digital Hotlist sites in 2007, Veoh Networks is an innovative Internet Television company that delivers broadcast-quality video programming via the Internet.

The Veoh Networks portfolio includes Veoh.com, one of the most popular video hosting services on the Internet, and VeohTV, a free downloadable application that turns online video into Internet Television. Veoh.com has more than 100,000 content publishers - from CBS, Viacom's MTV Networks, Lions Gate, PBS, National Lampoon, Road and Track and Us Magazine to thousands of independent filmmakers and content producers - and currently attracts over 23 million unique users per month. VeohTV makes it easy to turn any computer into a digital video recorder that allows viewers to watch and record shows from thousands of Internet video sources. For advertisers, Veoh offers compelling ways to reach and engage with tomorrow's television viewing audience through targeted, innovative marketing solutions.

Veoh Networks is a privately held company that is backed by leading technology and media investors, including Goldman Sachs, Shelter Capital Partners, Spark Capital, Michael Eisner's Tornante Company, Time Warner Inc., Tom Freston and Jonathan Dolgen. The company's principal offices are in Los Angeles and San Diego, California.

 

Media Contacts:

Gaude Lydia Paez
310-749-4963
gpaez@veoh.com

Debra Carey
Dan Klores Communications
212-981-5219
Debra_Carey@dkcnews.com