Eyespot Selected by AlwaysOn as an OnHollywood 100 Top Private Company Award Winner

Recognized for Leadership in Emerging Technology for Digital Entertainment and Media

Eyespot (www.eyespotnetwork.com) today announced that it has been chosen by AlwaysOn as one of the OnHollywood 100 Top Private Companies. The OnHollywood 100 is a power list of the top private emerging technology companies in digital entertainment and media. Eyespot was handpicked by the AlwaysOn editorial team based on a set of five criteria — innovation, market potential, customer adoption, media buzz and investor value creation.

Eyespot, along with the rest of the OnHollywood 100, will be honored at the OnHollywood & BRiM event on June 10-11, 2008 at the Sofitel Hotel in West Hollywood, California. OnHollywood gathers executives from both the entertainment and the technology industries to identify and debate emerging trends in addition to building relationships and taking advantage of potential new business partnerships. The first annual Broadband Rights Marketplace (BRiM) will launch an online network that supports new creative projects and offers a digital-rights exchange and auction.

“This year’s OnHollywood 100 represents the brightest of the innovators in the new media space. We are enthusiastic about gathering the leaders in a collaborative environment that fuses these two industries together, culminating in the richest, most progressive conversations on Hollywood’s digital movement,” said Tony Perkins, founder and CEO of AlwaysOn.

The OnHollywood 100 was selected from more than 1,000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts.

Eyespot helps leading entertainment companies such as LucasFilm engage their communities with online video. Using Eyespot’s personalization applications, consumers can easily upload, edit and send videos to their friends online or via mobile — all from a content owner’s own Web site. Eyespot powers video for Web sites of all sizes and sectors, ranging from industry leaders to aspiring brands.

“Entertainment and media companies must master online video engagement in order to be competitive in today’s environment,” said Jim Kaskade, president & CEO of Eyespot. “Fans want to make content their own, and entertainment companies can harness that enthusiasm to drive impressions and viral sharing without ceding all control. We’re thrilled to be included in this list and share credit for our success to date with our many innovative partners and customers.”

A full list of all the OnHollywood 100 companies can be found on the AlwaysOn Web site at: http://onhollywood.goingon.com/

About OnHollywood 2008

June 10-12 @ The Sofitel Hotel, West Hollywood, California

OnHollywood 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 high-level debates on which forces are disrupting user behavior and creating new opportunities, content strategies and monetization schemes in the video, music, gaming, search, and mobile industries. Our editors will also honor the OnHollywood 100 Top Private Companies and feature the Best of Broadband “BOB” Awards. Fifty of the top CEOs from the OnHollywood 100 will pitch their market strategies to a panel of industry experts in our “CEO Showcase.”

About Eyespot Corporation

Eyespot® is a video platform that provides Web applications, mobile applications, and media libraries to Website publishers of all sizes. The platform allows publishers to quickly and easily offer their users the ability to personalize and virally distribute ad-supported video content. The Eyespot Video Personalization Suite features drag-and-drop video editing tools, mobile and broadband distribution capabilities, access to a library of over 1,000,000 rights-cleared videos, photos, and music, and instant monetization across an exchange of best-in-class rich media ad-networks. Eyespot is a trusted partner to more than 10,000 leading publishers in the music, film, broadcast TV, sports, and social networking sectors. For more information, visit www.eyespotnetwork.com.

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.

Jim Kaskade

Jim Kaskade is a serial entrepreneur & enterprise software executive of over 36 years. He is the CEO of Conversica, a leader in Augmented Workforce solutions that help clients attract, acquire, and grow end-customers. He most recently successfully exited a PE-backed SaaS company, Janrain, in the digital identity security space. Prior to identity, he led a digital application business of over 7,000 people ($1B). Prior to that he led a big data & analytics business of over 1,000 ($250M). He was the CEO of a Big Data Cloud company ($50M); was an EIR at PARC (the Bell Labs of Silicon Valley) which resulted in a spinout of an AML AI company; led two separate private cloud software startups; founded of one of the most advanced digital video SaaS companies delivering online and wireless solutions to over 10,000 enterprises; and was involved with three semiconductor startups (two of which he founded, one of which he sold). He started his career engineering massively parallel processing datacenter applications. Jim has an Electrical and Computer Science Engineering degree from University of California, Santa Barbara, with an emphasis in semiconductor design and computer science; and an MBA from the University of San Diego with an emphasis in entrepreneurship and finance.