Metacafe And Peerbox Team Up To Offer User-Generated Videos On Mobile Phones

PeerBox by Nareos, a popular mobile social networking service, today
announced a partnership with Metacafe, the world's leading independent
online video entertainment site, to provide Metacafe's 27 million
unique monthly visitors (comScore Media Metrix, August 2007) access to
highly entertaining short videos on their mobile phones.

With one click on the 'get on mobile' button, Metacafe viewers enjoy
the chosen video on their mobile phones with the help of PeerBox
technology. The PeerBox Mobile application provides instant access to
Metacafe content, allowing users to stream or download videos.

"The short videos showcased on Metacafe are especially well suited for
mobile distribution, enabling people to enjoy an entertainment break
whenever they like and wherever they want," said Erick Hachenburg, CEO
of Metacafe. "Media-on-the-go is increasingly part of our daily lives,
and we're pleased to introduce new viewers to Metacafe and extend our
reach into Europe by teaming up with Nareos."

The service offers a multitude of other unique features, allowing
users to share their personal videos shot with the built-in phone's
camera, uploading their own videos directly to the Metacafe site while
on the go and socializing with peers worldwide straight from their
phones.

"By providing instant access from the mobile phone to the millions of
videos available on Metacafe, one of the world's largest video
entertainment sites, PeerBox Mobile strengthens its position as the
leading content-rich mobile social network service." said Alexander
Lazovsky, CEO of Nareos. "This partnership with Metacafe positions us
at the forefront of the mobile user generated content revolution."

The PeerBox - Metacafe partnership, launching next month, will begin
with implementations in Germany, Sweden and the Netherlands with
expansion to other markets expected in Q1 2008. During the initial
stage, at least two million people will be exposed to the service each
month.