From the Corporate Finance Department of Burda’s Venture Capital Ablegers: German market’s leading photo and video platform will maintain full autonomy.

Cologne, 26.03.2007 – Burda Digital Ventures GmbH has completed a minority investment in sevenload GmbH and has simultaneously agreed to a comprehensive (though non-exclusive) cooperation with Burda R&D, Marketing & Communications.

“We are delighted to have won Burda as a partner, who we feel has recognized the potential of digital media very early on”, said Ibrahim Evsan, Founder and CTO of sevenload.

“Burda offers us complete company autonomy paired with deeper media expertise”, highlighted Axel Schmiegelow, sevenload’s CEO. “Burda’s thematic range and target markets will work well with our strategy.”

sevenload’s goal is to win new users through qualitative differentiation and new clients through additional internet portals and implementation of the company’s unique video technology. “In addition to an unbeatable technological advance, we were persuaded by the consequent orientation of an efficient business model. The management team understood where the value from video platforms on the web are added”, explained Frank Seehaus, Director of Burda Digital Ventures.

Burda R&D, Marketing and Communications Director Dr. Marcel Reichart also added: “Our investment in sevenload makes it possible for us to strengthen our position in the video publishing market, and that includes our media brands and communities, new formats and marketing offers.”

sevenload received financial consultation for this year’s transaction for the German ” Web 2.0″ from IEG Investment Banking in Berlin.

Burda Digital Ventures is the group is the group company responsible for VC and investment activities in the field of new media. Including sevenload, the portfolio comprises 25 affiliated companies in the areas Media, Platforms, Commerce, Games & Entertainment as well as Wireless. The managing directors are Dr. Christoph Braun and Frank Seehaus.

Burda R&D, Marketing & Communications includes the areas group market research, umbrella brand development and integration, events (DLD) and development of new digital medial communities as well as corporate communications. The unit headed by managing directors Dr. Marcel Reichert and Stephanie Czerny directly report to publisher Dr Hubert Burda.

About sevenload:
sevenload GmbH was founded in 2006 and can be found online under www.sevenload.com. sevenload is represented by it’s CEOs Ibrahim Evsan and Axel Schmiegelow. sevenload is Germany’s leading media platform for photos and videos on the web. The platform offers its users comprehensive possibilities to manage and share their multi media contents and the company offers various interactive video formats with their own moderators and actors, who exclusively release their shows and formats on sevenload. sevenload’s investors (apart from the company’s founders and managing directors) include: Burda Digital Ventures, media ventures (Dirk Ströer) and dw capital GmbH from the Cologne based internet agency, denkwerk. Founders of the company in addition to Ibrahim Evsan include: Akgün and Tamer Kulmac, who run the Vaybee.com portal.

sevenload GmbH is currently preparing for international expansion. Facts & Figures: 87,000 registered users / 4 Mill. unique visits (February 2007) / 950,000 photo and video uploads / 25 million photo and video downloads / 3 million minutes of video broadcast daily / server capacity of 16,000 videos a second / 1.6 million external pages that have an embedded sevenload player / Website of the Year 2006 (user survey via MetrixLab, Nielsen / Netratings and TechCrunch).

For further information, please contact:
sevenload GmbH
Mike Schnoor
Vogelsanger Str. 66
Cologne, 50823
Germany
Tel: +49 (0) 221 788 76-10
Fax: +49 (0) 221 788 76-50