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EXPOTV ANNOUNCES THE ADDITION OF INVESTOR DFJ GOTHAM; HITS MAJOR MILESTONE OF 100,000 VIDEOPINIONS REVIEWS

Leading Video-Based Social Commerce Network Posts 132 Percent Increase in New Video Product Reviews

NEW YORK CITY - July 31, 2007 - ExpoTV (www.ExpoTV.com), the leading provider of consumer-generated video product reviews, today announced the expansion of funding to include New York-based DFJ Gotham Ventures. DFJ Gotham Ventures joins the previously announced venture capital investors Masthead Venture Partners and Prism VentureWorks. DFJ Gotham is investing in ExpoTV through DFJ Gotham Venture Fund II, L.P., its second venture capital fund. Separately, ExpoTV reported a quarterly growth rate of 132 percent in video submissions in the second quarter, reaching a milestone of more than 100,000 Videopinions Reviews representing by far the largest catalog of product reviews available on video.

"We are excited to expand our investors to include such a proven and active partner like DFJ Gotham Ventures," stated Daphne Kwon, CEO of ExpoTV. "The New York region has become a nexus for innovative media startups, and DFJ Gotham Ventures' deep involvement with the entrepreneurial community here, along with their track record of success, make them the perfect addition to our investor group. We're proud that DFJ Gotham Ventures has claimed a stake in the explosive online video space with ExpoTV."

The increased capital will help ExpoTV accelerate the growth of its video contributor community, whose Videopinions reviews cover thousands of national brands in a broad range of categories including electronics, health and beauty products, home appliances and consumer packaged goods. The site recently re-launched with a suite of new social networking tools for its consumer contributors. The expanded investment will also be used to advance ExpoTV's publishing technology and content management capabilities, allowing the company to syndicate content to leading portals and ecommerce destinations including Yahoo!, AOL, Google, YouTube, Smarter.com and Buy.com.

"ExpoTV has tapped into a powerful new consumer voice," stated Jed Katz, managing director of DFJ Gotham Ventures. "We are confident the site's unique word-of-mouth marketing service will become a tremendous force in influencing shopping behavior by utilizing the power of video. ExpoTV is a perfect fit with our investment strategy. We look forward to partnering with ExpoTV to expand their success on a national scale and continue their substantial leadership position in the new Videopinions space."

About Expo Communications
With over one million video views per month, ExpoTV is the first and largest video-based social commerce network specifically tailored for the consumer in control, offering a fun, fast way for real people to connect, share and celebrate the products they are passionate about. Think of it as YouTube meets the Consumer Grapevine. ExpoTV.com is home to the world’s largest catalog of more than 200,000 Videopinions^SM Reviews created by a fast-growing community of brand influentials. ExpoTV’s army of opinionated shoppers demonstrate products from a real-world perspective in an easy-to-understand video format. Covering a broad range of categories including babies’ and kids toys, electronics, video games, and entertainment, ExpoTV’s VideopinionsSM reviews are available online at www.expotv.com and they are distributed through partnerships with the world’s largest portals including Yahoo! Video, AOL, Google and YouTube; to leading ecommerce destinations like Smarter.com and Buy.com; and to more than 25 million digital cable homes through VOD partnerships with Comcast, Time Warner, Charter, Verizon and other cable operators.

About DFJ Gotham Ventures
DFJ Gotham Ventures is a venture capital firm focused on early-stage technology companies primarily in the Greater New York Region and other parts of the Eastern Seaboard. Since its first investment in 2000, DFJ Gotham Ventures has backed over 20 companies spanning a wide array of technology sectors. DFJ Gotham Ventures partners with extraordinary teams of entrepreneurs to build strong and successful businesses that make a huge impact in their industries. DFJ Gotham Ventures takes pride in being an active partner, leveraging its experience, knowledge and relationships to provide substantial value to its portfolio companies. DFJ Gotham Ventures is proud to have backed such category leaders as Massive (acquired by MSFT), XOsoft (acquired by CA), Q-Link (acquired by Adobe), Mimeo.com and ContextWeb, among many others. For more information, please visit www.dfjgotham.com.

About Masthead Venture Partners
Headquartered in Cambridge, Mass., Masthead Venture Partners is a venture capital firm dedicated to providing early stage information technology, internet infrastructure and services, and communications companies with the capital and hands-on operational support they need to develop into industry leaders. The firm has the advanced technical expertise, proven operating experience and deep industry knowledge and relationships to help entrepreneurs build companies with category defining potential. For more information, please visit www.mvpartners.com.

About Prism VentureWorks
Founded in 1996, Prism VentureWorks (Westwood, MA, Santa Monica, CA) is a venture capital firm built by experienced entrepreneurs in technology and life sciences. With approximately $1.25 billion in capital under management across five funds, Prism's primary goal is to deliver superior value to its investors. Its partners have served as the founders, CEOs and senior executives of numerous venture-backed companies. By leveraging its network of seasoned entrepreneurs, skilled executives and long-time industry contacts, Prism identifies and works closely with companies with the potential to be market leaders. For more information, visit http://www.prismventure.com.

Contact:
Meagan McCrystle
Racepoint Group
mmccrystle@racepointgroup.com
415.694.6704