Dave.TV Selected by AlwaysOn Media as Top 100 Private Company Award Winner

LOS ANGELES, CA -- (MARKET WIRE) -- January 17, 2007 -- Dave.TV today announced that it has been chosen by AlwaysOn Media as one of the Top 100 Private Company award winners. The AO Media 100 is a power list of the top private digital media companies. Dave.TV was handpicked by the AO Media editorial team based on a set of five criteria -- innovation, market potential, customer adoption, media buzz and investor value creation.

Dave.TV and the AO Media 100 will be honored at the AO Media executive summit January 29-31 at The Mandarin Oriental Hotel in New York City. The summit will focus on the forces that are disrupting user behavior and creating new opportunities in the digital era, showcasing top innovative private companies that are revolutionizing the way media is created, distributed and consumed.

The AO Media 100 was selected from over 1,000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts. The AO Media 100 consists of private companies at all stages of development.

As a pioneer in integrated video distribution and social community platforms, Dave.TV has completely changed how brands can reach their audience. Enabling both big enterprise brands as well as emerging brands to make an impact on the internet and its increasingly social communities, Dave.TV has created a new vehicle for companies, allowing them to involve and excite their perspective users.

"We scoured hundreds of applications we received to vote on the top emerging private technology companies," said Tony Perkins, founder and editor of AlwaysOn. "Selected are the companies we think are demonstrating significant market traction or pursuing game-changing technology. We expect these organizations to have a big impact for both New York and Silicon Valley."

Dave.TV CEO Rex Wong states, "We are thrilled to be recognized as one of the AO Media Top 100 companies for 2007. It is an honor to be in the presence of such innovative, emerging businesses who are shaping the future of digital media."

A full list of all the AO Media 100 companies can be found on the AlwaysOn website at http://www.alwayson.goingon.com/.

About DAVE Networks

DAVE Networks, Inc. is the first provider of an integrated video distribution and social community platform designed to ignite brands. Powered by its revolutionary P2P grid-based content delivery network (CDN), DAVE.TV solutions represent a radical paradigm shift from the current "one-to-many" distribution model to a model of "many-to-many more" distribution. Founded in 2003, DAVE Networks has built a robust set of software features that empower brands to build digital ecosystems while embracing online social communities. S.O.C.I.A.L. is the first platform to enable both big, enterprise brands, as well as emerging brands, to fortify online brand impact on what we call the "New Web" -- the social Web. For more information, please visit www.davenw.com.

About OnHollywood 2007: May 2-4 @ The Roosevelt Hotel, Hollywood

AlwaysOn Hollywood is where cutting-edge technology CEOs from the back streets of Silicon Valley meet the Hollywood digital entertainment and media elite. This two-and-a-half-day executive event features CEO presentations and high-level debates on which forces are disrupting user behavior and creating new opportunities in the video, music, gaming, search, and mobile industries.

At AlwaysOn Hollywood, our editors will also honor the AO Hollywood 100 Top Private Companies. Fifty of the top CEOs from the AO Hollywood 100 will pitch their market strategies to a panel of industry experts in our "CEO Showcase."

About AlwaysOn

ALWAYSON ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, ALWAYSON continued to lead the media industry in innovation by introducing a social network where members can connect and engage. ALWAYSON is also revolutionizing the media business by applying its open-media principles to its executive event series (STANFORD SUMMIT, ALWAYSON HOLLYWOOD, ALWAYSON MEDIA and GOINGGREEN) and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, ALWAYSON is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.

Contact Information: For Dave.TV Elina Heng Terpin Communications (619) 820-0527 Email Contact For AO Media Edelman Renee Edelman 212.704.8249 Leslie Nakajima 650.762.2940