FOR IMMEDIATE RELEASE Contact: Nam Mokwunye, Founder/CEO +1.650.557.2066 nam@publicvine.com www.publicvine.com PublicVine Launches $60,000 “World’s Top Video Vendor” Contest—Challenges YouTube-iTunes-Netflix Hegemony Florence, AL 04 June 2014—Founder/CEO Nam Mokwunye today announced $60,000 in cash prizes for top-performing video vendors and consumers on PublicVine, an online and mobile social video marketplace. This “video shopping mall in the cloud” opens its virtual doors June 6 to video vendors and consumers worldwide who want to connect, transact, get paid—and win—on a global scale. Video vendors—creators and marketers of commercial music videos, documentaries, feature films, etc.—face the grim reality that over 97% of vendors receive less than 3% of available screen time and industry revenue. PublicVine is positioning itself to address these distribution dilemmas by enabling video vendors to leverage their social networks to rent out and sell their video content to consumers worldwide. “We aim to do for video what Google did for search and Amazon did for retail—and level the economic playing field in the process,” said Mokwunye. “Because video vendors set up and run their own video stores, PublicVine is a video shopping mall that is more commercially scalable than Netflix. We’re better designed and offer fairer vendor terms than YouTube. And, unlike iTunes, PublicVine makes it possible for both vendors and consumers to get paid.” All vendors who hope to compete in the World’s Top Video Vendor Contest for a piece of the $60,000 cash prize must register by July 18. Contest winners will be announced September 1 and recognized in a crowning ceremony on September 5, 2014. About PublicVine PublicVine is an online and mobile social video marketplace that enables video vendors and their consumers to connect, transact, and get paid. Mokwunye designed PublicVine while a Reuters Foundation Digital Vision Fellow at Stanford University. PublicVine recently closed a $5.6m equity investment deal with Joel R. Anderson, Chairman of Anderson Media, the USA’s largest DVD and CD distributor. For additional information about PublicVine, please visit www.publicvine.com or contact Nam Mokwunye by email (nam@publicvine.com) or phone (+1.650.557.2066). ###