Recent Stock Photo Industry Press Releases

3i on the Future of the Media Sector given Exponential Growth in User Generated Content

London, UK, Nov. 01, 2007. 3i, a world leading private equity and venture capital firm, brings together investors and industry formers across the global media sector to discuss the growth of social media and user generated content, its impact on traditional media and advertising models and to predict the future direction for successful companies in its latest report "Engage or Die".

Video Search Pioneer CastTV Secures $3.1 Million Series A Funding Led by Draper Fisher Jurvetson

DFJ Managing Director Warren Packard Joins Board

San Francisco, April 24, 2007. CastTV Inc. dedicated to building the Web's best video search, today announced that it has secured $3.1 million in financing through a Series A investment led by Draper Fisher Jurvetson. In addition, CastTV also revealed today that it has signed a two-year deal with a major media corporation to provide online video crawling and indexing technology for the company's online video search offering.

CIA´s Investment Fund In-Q-Tel And EDF Ventures Invest In Rhevision Technology To Revolutionize Mobile Imaging

San Diego, CA, May 5, 2006. Rhevision Technology, Inc., developer of miniature tunable optical systems, announced today the completion of its first venture financing, led by EDF Ventures and joined by In-Q-Tel, the independent investment fund that identifies innovative technologies to support the mission of the Central Intelligence Community (CIA) and the larger Intelligence Community. The proceeds will be used to accelerate the development efforts for Rhevision's tunable lens systems that will revolutionize the world of mobile imaging.

FilmLoop Secures $7 Million Investment

ComVentures Leads Investment To Support FilmLoop's Continued Growth

PALO ALTO, Calif., May 1, 2006. FilmLoop, Inc., a provider of free software that enables people and businesses to broadcast, find, and share digital images, today announced that it has secured $7 million in series B funding. As part of this agreement, ComVentures partner Roland Van de Meer will join FilmLoop's Board of Directors.

a21 Closes on $3.2 Million in Financing

JACKSONVILLE, Fla., Oct. 7, 2005. a21, Inc. ("a21") (OTCBB: ATWO), a leading online digital content marketplace for creative professionals, today announced it has raised $3.2 million through the sale of the company's common stock.

ONREQUEST IMAGES SECURES $8 MILLION IN SECOND ROUND FUNDING

Frazier Technology Ventures and Maveron Invest in Custom Stock™ Photography Company

Seattle, WA, September 9, 2005. OnRequest Images, the world's leading provider of custom imagery, has completed a second round of funding of $8 million from new investor Frazier Technology Ventures and existing investor Maveron LLC. With the closing of this round, Frazier Technology Ventures General Partner, Gary Gigot, has joined the company's board of directors. Headquartered in Seattle and with offices in New York, Chicago, Los Angeles, San Francisco and Denver, OnRequest Images will use the proceeds of this financing to expand its sales and marketing efforts.

DIGITAL RAILROAD RAISES $5.2 MILLION FROM MORGENTHALER AND VENROCK

New York, NY (June 14, 2005). Digital Railroad, Inc. (www.digitalrailroad.net), the leading provider of Web-based application services for the professional photography industry, announced that it has secured $5.2 million in venture capital from Morgenthaler Ventures (www.morgenthaler.com) and Venrock Associates (www.venrock.com).
Digital Railroad will use the “Series A” funding to expand its online photo management, distribution and archiving platform. The company has developed a unique suite of Web-based services that enable professional photographers and photo agencies to manage, market, and sell their images with greater efficiency than with existing solutions.

a21 Announces Completion of $2.25mm Financing

New Long-Term Notes Provide Favorable Terms, Repay Debt and Increase Working Capital

February 24, 2005. a21, Inc. ("a21") (OTCBB: ATWO), a leading online digital content marketplace for creative professionals, today announced that it has completed a $2.25mm financing in the form of two-year interest only senior (non-convertible) secured notes and retired $1.25mm of its two-year convertible subordinated notes issued in conjunction with its acquisition of its SuperStock subsidiary in February 2004. The financing improves a21's financial position and flexibility with more favorable terms and increased working capital.

DIGITAL RAILROAD TRANSFORMS BUSINESS FOR PHOTOGRAPHERS AND BUYERS

Technology simplifies workflow, marketing and unlocks revenue opportunities

New York, NY, Aug. 11, 2004 – Digital Railroad Inc. today launched the first online archive system that gives the power of a large photo agency to individual photographers.

Digital Railroad's Web-based application services transform the individual photographer’s business. Digital Railroad, www.digitalrailroad.net, automates repetitive workflow tasks, as well as streamlines delivery of images and communications with clients—providing photographers an online searchable archive that unlocks potential image revenue.

Photography legends and previous White House photographers Dirck Halstead and David Hume Kennerly, who have tested the system, believe it is a watershed product that will change the way business is done in the professional photography industry.

"Digital Railroad eliminates the daily technology hurdles photographers struggle with; finally photographers can have access to efficient tools for editing, archiving and simultaneously distributing their work," said Halstead, award-winning photojournalist and publisher of Digital Journalist.

Pulitzer Prize-winning photojournalist David Hume Kennerly says Digital Railroad has proven to be the answer for many of his production workflow problems and enables him to interact more easily with his editors.

IN-Q-TEL INVESTS IN PIXLOGIC: CIA’s Private Venture Fund Becomes Investor and Customer of New Visual Search Engine

Los Altos, CA – June 3, 2003 – piXlogic, provider of Visual Search Engine (VSE) software, today announced In-Q-Tel, a private venture group funded by the Central Intelligence Agency, has invested in and become a customer of the company. After rigorous testing, In- Q-Tel determined piXlogic’s software can quickly and automatically index and search object information in digital images and video.