Twitvid Introduces the World's First Open Social Video Network

SAN FRANCISCO, CA--(Marketwire - Dec 13, 2011) - Twitvid, the popular video sharing service for mobile devices and social networks, today unveiled an open social video network and redesigned website to dramatically enhance discovering, sharing and discussing the best video in the world. Twitvid cuts through the clutter of online video to allow the best videos to find you. Users simply follow topics, people, or brands that interest them and see a personal feed of video. At launch, Twitvid will give users the ability to watch videos from YouTube, Vimeo, and Twitvid, with plans to expand to other online video services in the future.

"Great video doesn't exist in one place, on one channel or on any one device. We live and breathe it every day by capturing and watching it on phones, laptops, tablets, cameras, TVs, notebooks and on thousands of websites," said Twitvid CEO Mo Adham. "People want to watch compelling video but they don't want to go out and personally find each and every clip. Twitvid is built as a true network where the single purpose is to make it drop-dead simple to discover, share and discuss great videos, regardless of their origin, format or device."

With over 42 Billion online videos watched in the U.S. in October 2011 alone¹, it's clear that video is a central pillar of today's web experience. Twitvid's new social video network creates a personalized video experience centered on the unique interests of each user that allows people to stop searching, and just have fun watching, discovering and sharing great videos.

Twitvid's Social Video Network Features:

• The ability to upload your own clips or share them from YouTube, Vimeo or Twitvid, with the ultimate goal of connecting every video network, everywhere to Twitvid;
• The ability to easily create, organize and share public or private channels based on your personal interests and passions;
• Open connectivity to Facebook and Twitter -- easily share your favorite clips or channels with your friends, and;
• Great video from all around the web.

"Over 86% of the Internet audience in the U.S. now views online video¹," said Adham. "With Twitvid, there's now a way to put every individuals' tastes and interests at the center of that experience to make it is easy and fun to discover great video from everywhere."

In September 2011, Twitvid closed a $7 Million Series B round from Azure Capital and Draper Fisher Jurvetson. Launched in May of 2009, Twitvid has grown its user base by over 100 percent year over year, and currently has over 12M monthly unique visitors. Notable Twitvid users with a million followers or more include Justin Bieber, Al Gore, John McCain, Tyra Banks, LeBron James and many others.

About Twitvid

Twitvid is a social video network where users can discover, share and discuss the best video content on the web. Twitvid brings the videos users are most interested in directly to them through social features, and is built with sharing and discovery at its core. Launched in May 2009, Twitvid has over 12 Million unique monthly visitors. To discover the best videos on the web today, visit: www.twitvid.com

¹ comScore October 2011 U.S. Online Video Rankings