MySpace Founder Acquires Majority Stake in Leading Video Search Engine Flurl.com



             First Major Acquisition for LiveUniverse

      Fast Growing Flurl.com Breaks Top 125 Alexa Traffic Ranking

LOS ANGELES, Oct. 26, 2006 (PRIMEZONE) -- Brad Greenspan, the founder of MySpace has acquired a majority stake in Flurl.com, the largest independent video search website which indexes over 1000 online video sites. Flurl.com is one of the first major acquisitions for LiveUniverse, a company established by Greenspan to focus on video, entertainment and social networking properties. With this acquisition, LiveUniverse intends to begin discussions with potential strategic, financial, and content partners focused in the online video space.

Flurl.com, the leading independent video search engine, hit over 5.6 million unique users in September 2006 according to Comscore World data. In addition, Flurl.com recently has grown to become a top 125 ranked website according to Alexa. Flurl's unique visitors have grown by approximately 75% since November 2005 according to Comscore and its page views per month have grown over 500% since that date to over 100 million per month.

"Video is one of the hottest trends right now and Flurl has developed a very strong market niche. I am eager to work with Flurl.com and its CEO Rene Muyrers to provide Flurl with resources and strategic aid," said Greenspan. "We are already being approached by major players such as Yahoo who have noticed the growing popularity and advanced technology of Flurl. Our goal is to accelerate the growth of such a unique video property."

Flurl strives to index any media site on the internet with its comprehensive media search engine. Unlike most other media search engines, Flurl doesn't solely rely on RSS feeds but also indexes media sites through manual HTML pattern matching. This allows more detailed and accurate results. In addition to video, Flurl also indexes images, audio and flash content. Flurl visitors are presented with a latest updated sites section, which almost instantly reflects any updates within the indexed media sites. This feature makes it easier for users to see if one of their favorite media sites recently updated.

"As more and more video is aggregated online, the ability to effectively search through the clutter and find what you are looking for will be critical," said Rene Muyrers, CEO of Flurl.com. "Flurl's unique search technology is being used by a growing number of users. I look forward to working with Brad Greenspan to increase the audience of Flurl and improve the product for our user base."

About Flurl

Flurl is a Belgium-based video focused search engine company. Flurl strives to index any media site on the internet with its comprehensive media search engine. Flurl also indexes images, audio and flash content. Flurl visitors are presented with a latest updated sites section, which almost instantly reflects any updates within the indexed media sites

About LiveUniverse

LiveUniverse is a company established by Brad Greenspan to focus on video, entertainment and social networking properties. In addition to Flurl.com, LiveUniverse owns social networking/video site Vidilife, which has more than 2 million unique monthly visitors. Brad Greenspan was the founder of Intermix Media where he led the creation of MySpace.com. Currently he serves as an investor and strategic business advisor for successful start-up companies in high-growth markets. He invests capital and resources that enable companies to meet their short- and long-term business objectives. Greenspan recently launched BroadWebAsia, which is focused on the Chinese internet market. Investors, strategic partners, or content providers can contact the company directly at mark@liveuniverse.com.


            

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