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Die Meldung zum Börsenstart: GoFish Corporation, a Leading User-Generated Video Company, Goes Public and Completes $12 Million Financing 2006-10-31 09:30 ET - News Release SAN FRANCISCO -- (Business Wire) GoFish Corporation (OTCBB:GOFH), Formerly Unibio, Inc., today announced the closing of a stock-for-stock merger with GoFish Technologies, Inc. The combined company will operate under the name GoFish Corporation and will assume and execute GoFish Technologies’ user-generated video business plan as its sole business. GoFish will retain senior management led by its founder and CEO Michael Downing. In contemplation of the merger, GoFish completed a $12 million private placement of common stock and warrants to a group of institutional and private investors. The company plans to use the funds to strengthen its corporate infrastructure and product offerings, which will enable GoFish to deliver the next-generation consumer online video experience. “The successful completion of the merger and financing represent a major milestone for GoFish, positioning the company for accelerated growth,” said Downing. “The financial resources and corporate visibility provided by today’s announcement will enable us to accelerate the development of our online products, recruit additional key team members and build out our infrastructure as well as aggressively grow our community of video enthusiasts.” GoFish Corporation is a leading online video destination for user-generated video, as well as commercial video content, accessible on-demand. Members of the GoFish community have watched hundreds of millions of videos over the last two years utilizing the GoFish platform to upload, share, search for and watch videos from around the world. GoFish was one of the earliest companies to deliver innovative technology in the user-generated video space, and recently launched a first-of-its-kind branded original programming product – a reality themed video series called “America’s Dream Date.” GoFish was founded in 2003 by current CEO Michael Downing. GoFish.com is currently visited by more than 2.5 million unique users every month. GoFish’s devoted user base and innovative technologies position the company well in the emerging online video advertising market. According to research by eMarketer, the market for online video advertising is expected to grow from $385 million in 2006 to $2.35 billion by 2010. 63.6% of all US Internet users in August 2006 streamed video online, equating to 110 million people, according to ComScore. About GoFish Corporation GoFish Corporation, headquartered in San Francisco, is a leading consumer online video destination which in two years has grown to deliver millions of videos per month to a rapidly growing audience of enthusiasts. GoFish is a place on the web where millions of people come to upload, share and watch their favorite videos. For more information about the company, go to www.gofish.com. |
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| aus der Diskussion: | Gofish A0LBT6 - Zukunftsbranche Videoplattformen |
| Autor (Datum des Eintrages): | Schwabinho (03.11.06 15:41:40) |
| Beitrag: | 2 von 193 (ID:25105194) |
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