Monday, May 5, 2008

Vidshadow Partners with Planet X To Syndicate Extreme Sports Content Across Their Fast Growing Online Video Network

Monday May 5, 10:01 am ET

PLACENTIA, Calif.--(BUSINESS WIRE)--Vidshadow, Inc. (Other OTC: VSDW.PK), one of the Web?s fastest growing online video networks, today announced an agreement with Planet X, a unit of Planet One Ventures, Inc. ("POV"), to syndicate their extreme sports programming and content offerings across the Vidshadow network. The announcement was made by Vidshadow founder and CEO Jordan Hudgens and Don Durban, CEO and Founder of POV / Planet X. ?Targeting specific affiliate sites in the Vidshadow distribution network,? Hudgens noted, ?will enable advertisers to reach the highly desirable, action sports segment of the online market.?

Planet X is a leader in creating and providing action and extreme sports content for TV and online media. Planet X's vast library and content will be included on Vidshadow?s syndicated network, one of the differentiating factors with the Planet X videos is that they are segmented into twenty to thirty minute episodes. This illustrates once again the growing convergence of online and offline media.

?We are excited to continually expand our network with categorically specific content that has tremendous potential as it relates to online entertainment,? said Hudgens. ?Our partnership with Planet X will ensure that our network has the best online action and extreme sports content that our publishers will be able to stream to their audiences.?

?As a leader in producing the best action and extreme content, we are excited to distribute it through Vidshadow. This will ensure that our audience continues to expand,? said Durban. ?Using the Vidshadow platform will help us reach our goals of reaching out to users who are constantly looking for professionally produced action sports content.?

Vidshadow now possesses best-in-class technology and content, giving it a competitive advantage over other players in the digital distribution space. The deal comes on the heels of Vidshadow?s partnership announcements with National Lampoon and FullTurn media.

To learn more about Vidshadow and the company?s agreement with Planet X Media, please contact Carlos Moreno at cmoreno@5wpr.com.

About Vidshadow

Founded in 2006 by CEO Jordan Hudgens and based in Orange County, CA, Vidshadow, Inc. is one of the Internet?s fastest growing video distribution networks providing solutions to advertisers, content providers, and affiliate web sites. Vidshadow, Inc. offers advanced streaming video technologies for consumers and corporate enterprises to leverage for increased monetization and expanded brand reach. For more information, please visit www.Vidshadow.com.

About Planet X / Planet One Ventures

San Diego-based POV is a media, marketing and programming company formed in late 2004 and specializes in the sports and fitness markets with a special emphasis on the youth category. As the producer of the world famous Planet X TV line-up, it is managing the launch of numerous spin-off TV and media properties in cooperation with companies worldwide. Over the next many months, POV will be launching a daily TV series and expanded broadband activity under its XIMA.tv and PlanetX.tv web channels.

Forward Looking Statements

Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond the Company?s control that could cause actual events and results to differ materially from these statements. These risks include, without limitation, that there can be no assurance that any strategic opportunities will be available to the Company and that any strategic opportunities may only be available on terms not acceptable to the Company. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Vidshadow, Inc. undertakes no obligation to update publicly any forward-looking statements.

For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Orlando, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com

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