Press

SAN FRANCISCO, CA - January 15th, 2008 – Kadoink, (www.kadoink.com) ), a web telephony service for social media that enables enhanced group communication and mass distribution of SMS, live and recorded voice messaging and audio file streams over the voice channel, has closed $7 million in financing with Sutter Hill Ventures.

The funding comes after a successful unveiling of Kadoink's powerful communications platform that bridges the mobile phone and the web, allowing consumers to connect, share and publish content with friends and online communities through their phones. Kadoink has initially deployed its technology with such brands and properties as Bebo, Adidas, Zomba Records, a soon to be announced sports broadcaster and artists such as Death Cab for Cutie, Jordin Sparks and Third Eye Blind.

As part of the agreement Sutter Hill Ventures Managing Director, Andy Sheehan an industry veteran in the social networking and media space, will be joining the Kadoink board of directors.

"With our expertise in identifying emerging and entrepreneurial technology companies, we believe Kadoink and its patented family of technologies will be a highly successful addition to our growing portfolio," said Andy Sheehan, managing director at Sutter Hill Ventures. "Kadoink possesses a powerful set of web-based telephony functionalities that we believe consumers and developers will soon adopt and embrace."

Securing our funding with Sutter Hill Ventures allows us to forge innovative deals with key partners in a diverse set of verticals such as social networks, virtual worlds, music artists and many more on the near horizon. We're thrilled to have Andy join our board and lend his tremendous insights and expertise to Kadoink's growth strategy," said Scott Cahill, CEO of Kadoink.

The new funding from Sutter Hill Ventures will continue to further extend the Kadoink footprint in the social media arena while developing new areas of the business, leveraging Sutter Hill Ventures vast system of industry networks and years of strategic category experience.

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Kadoink's social network debut expands Bebo to the mobile space, enabling one-to-many communications and audio content sharing

SAN FRANCISCO, CA - December 19, 2007 – Kadoink, (www.kadoink.com), a web telephony service for social media that enables enhanced mass distribution of SMS, live and recorded voice messaging and audio file streams over the voice channel, unveiled its service offering today for Bebo's newly formed Open Application Platform. In an effort to give Beboers expanded options to stay closely connected with online friends anytime, anywhere the Kadoink platform will allow Bebo members to connect while they are away from their computer using its Music Call and Group BuzzText widgets that can easily be embedded into users' Bebo pages.

The Kadoink Music Call widget allows users to add musical flair to their Bebo page by sharing favorite music clips and recorded audio that can be easily sent to their friends' mobile phones via SMS text messages. Upon receiving a Music Call text, recipients can respond back with the command "play" to hear the music and personal greeting sent. Group BuzzText widgets allow Bebo members to create ad hoc texting groups quickly by letting them post fun questions or statements on their widget and get answers and comments texted back to them and their friends. The back-and-forth communication created by Group BuzzText makes for a fun and highly entertaining cross-platform group chat experience.

"With the launch of our highly developer-friendly open platform we are excited to have Kadoink on board to expand our members' online communications on the mobile platform," said Michael Birch, CEO and co-founder of Bebo. "Our Open Application approach will help enrich the overall Bebo experience while at the same time offering new ways for partners to become actively engaged with our audience."

Beboers embedding the Kadoink Music Call and BuzzText widgets into their personal page have the power to stay closely connected to online friends without ever having to divulge their real world identities. Kadoink's single hosted, software-based telephony platform and widget-based user interface transforms the mobile platform into a highly effective second hub for Bebo connectivity, seamlessly pushing online communications out to user's mobile phone. With Kadoink, Bebo members can now use their mobile phone to send and share SMS messages, group texts, and songs offline using their Bebo virtual identity.

"With so many connections and friendships being forged everyday on Bebo, we are excited to be able to provide the community with the tools necessary to integrate the most ubiquitous device they own, their mobile phone, with the strong online connections they have formed on Bebo," said Scott Cahill, CEO of Kadoink. "Our partnership with Bebo will allow its tremendous user base to now share audio content offline, communicate anonymously through their phones and create instant group texts and calls whenever and wherever they are."

Both Music Call and BuzzText widgets are available for immediate usage within Bebo's environment.

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About Bebo

Bebo is the world's leading global Social Media Network. Building on the notion of traditional social networking websites, Bebo combines community, self-expression and entertainment to enable its users to consume, create, discover and share professional and user-generated content through the Bebo website. Bebo has more than 40 million worldwide. Bebo also ranks as the UK's most engaging website with the most page views per usage day amongst the top 100 most popular sites *.

Bebo was founded in 2005 by Michael and Xochi Birch.
www.bebo.com

*Source: comScore World Metrix

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With an Initial Presence in the Music Industry, Kadoink Combines ‘Best of’ Mobile Functionality Regardless of Carrier or Handset

Death Cab For Cutie, Kottonmouth Kings and Third Eye Blind First to Deploy Kadoink Service to Connect with Fans

SAN FRANCISCO, CA - December 5, 2007 – Kadoink, (www.kadoink.com) a powerful new communications platform that bridges the mobile phone and the web to allow consumers to share and publish content with friends and online communities through their phones, launches publicly today with popular music acts as diverse as Death Cab For Cutie, Third Eye Blind, Matt Nathanson, Rogue Wave and the Kottonmouth Kings from the Suburban Noize label. Artists can harness Kadoink's platform to distribute songs or voicemails over the voice channel to thousands or millions of fans, send group texts or calls to fans located within a particular area code or region and create a mobile fan club where fans can receive all the latest happenings in a band's daily life delivered right to their phone.

Kadoink provides a powerful new promotional tool for artists to send daily updates or securely broadcast never released songs over the voice channel eliminating the need and risk involved with sending a music file. Through Kadoink, labels can offer fans the ability to evangelize their favorite band or new music distributed by the artist instantly to their own group of friends through the phone.

“Kadoink makes a mobile phone the ultimate ‘by your side’ communications tool for people to always stay connected with large groups, whether its fans, friends or customers,” said Scott Cahill, CEO of Kadoink. “Kadoink offers an exciting media distribution tool for a wide range of industries including music, virtual worlds, brands and celebrities looking to create a deeper connection with audiences. We are thrilled to launch with such great artists and labels to help enable them to extend relationships with fans and make it possible to securely share, play and send music to any cell phone.”

“In using Kadoink we will be able to offer a unique value added experience to our audience, ” said Jordan Kurland founder of Zeitgeist Artist Management, LTD. “Kadoink, compared with other fan oriented mobile messaging platforms, is a 360 degree experience. I love that one day you can send a text message to your fans alerting them a new album is on the way and the next week send a streaming file of a new song directly to their phone.”

 “We are really excited to use Kadoink to support the connection between our bands and the fans.” says Kevin Zinger, President for Suburban Noize Records. “Their platform is really unique because their service not only sends text messages to users, but recorded audio and music as well. This is key in further engaging fans as they use their phone more and more for social networking. Our label has always tried to keep a close connection between the bands and the fans. Kadoink brings us one step closer.”

Kadoink enables popular music acts to create a deeper connection between artists and their fans through the mobile phone. Death Cab For Cutie, Third Eye Blind, Matt Nathanson and popular rap act Kottonmouth Kings are the first artists to deploy Kadoink as a highly effective tool to inform fans of upcoming events, album releases and tours sent right to the palm of their hands. A customized and skinned widget will be embedded on each band's web and MySpace page and used as another forum to engage with their fans on the social networking site. Fans of the bands will be able to ‘follow’ the band and receive text, music and audio updates via SMS and the voice channel instantly to their mobile phone. Fans can also embed the widget on their own personal pages and blogs.

Kadoink works on any mobile phone regardless of carrier and does not require a client download on the phone – meaning that any phone that has texting capabilities can work with Kadoink. The company has also developed a first-ever technology that allows users to send and receive audio files over the voice channel housed on the Kadoink server that can be securely streamed to one or one hundred thousand people with one simple text message. In addition, Kadoink enables users to record personal introduction messages that precede the music – making the experience more personal and intimate. With Kadoink, the mobile device is transformed into a powerful, easy-to-use communications and marketing channel that can service multiple and distinct verticals.

By embedding Kadoink customized widgets on personal blogs and social networking pages from blogspot.com to popular social network pages, users and partners can further manage and share content, receive regular updates on news and information, discover new music, and execute instant group calls and texts.

The Kadoink platform is built on a globally-scaled, redundant, load balanced infrastructure that combines a powerful CRM engine, and a carrier grade telephony backend, featuring patent-pending software which sets is apart from other mobile social networking companies.

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