CastTV Helps Power TV Guide's Online Video Guide

SAN FRANCISCO, CA--(Marketwire - June 21, 2007) - CastTV has announced its first customer agreement, licensing its innovative video search technology to leading media, entertainment and technology company, Gemstar-TV Guide. Released in beta form in April, TV Guide's Online Video Guide (http://video.tvguide.com) uses CastTV's proprietary technology to help power its search index.

TV Guide's Online Video Guide is focused primarily on professional and independent entertainment video available on the Internet, and provides users with better, more relevant, targeted search results in an uncluttered manner. Under the terms of its two-year customer agreement with TV Guide, CastTV's video crawler automatically indexes content from top entertainment destinations including major broadcast and cable networks, movie download sites, sports sites and aggregators of professionally produced content.

"CastTV is helping us to extend our powerful brand, and guidance and navigation leadership to the Internet," said Paul Greenberg, general manager, TV Guide Online. "Using CastTV's indexing technology, we have been able to ensure that TV Guide is providing users of our Online Video Guide with a unique and relevant way to search for entertainment video on the Internet."

Traditional search engines are effective at searching the text-based Web -- not the rich media Web popular with online video users today. CastTV's revolutionary solution is capable of searching the entire Web for video content -- identifying both professionally produced as well as user-generated content -- not limited to only mainstream sites.

Founded by husband-and-wife entrepreneurs Edwin Ong and Alex Vikati, CastTV will assist users in finding the video content they seek by providing the most comprehensive indexing, relevancy ranking and user-friendly browsing interface available.

Currently in private beta, users will soon have a chance to experience CastTV this summer with the launch of its consumer destination www.CastTV.com.

About CastTV

CastTV is working to build the web's best video search engine. CastTV lets users find all their favorite online videos, from TV shows to movies to the latest celebrity, sports, news, and viral videos. The company's proprietary technology addresses two main video search challenges: finding and cataloguing videos from the web and delivering relevant video results to users. CastTV is funded by Draper Fisher Jurvetson and prominent angel investors. The company is based in San Francisco, CA and will be launching its video search offering at www.CastTV.com.

Contact Information: Contact Stephanie Pettinati Zeno Group for CastTV 415.369.8115