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Seven Million New Subscribers Flock To ooVoo In Less Than 100 Days To Stay Connected With Friends, Family, Groups

Multiparty Social Video-Chat Service Establishes Itself as #1 Site for Under 25, #1 for Teens, #1 for Large Families


News provided by

ooVoo

Oct 16, 2012, 07:05 ET

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NEW YORK, Oct. 16, 2012 /PRNewswire/ -- As a growing number of consumers look to stay connected with the latest video-enabled mobile devices, social video-chat company ooVoo is seeing rapid and unmatched subscriber growth.  ooVoo announced today that they have added seven million new subscribers in less than 100 days, during the period from June 24, 2012 to September 21, 2012.  With one million new subscribers joining the free service's 58 million registered users every 14 days, ooVoo is the industry's fastest growing social video chat service and quickly becoming one of the key "must-have" free downloads that allow users to stay connected with friends, families and groups of all sizes.

ooVoo's subscriber explosion tracks closely with summer months where users shifted habits to be more mobile, have more free time, sought out ways to stay connected during summer vacation, and then continued to use ooVoo's social video as friends went back to school.  Friends and family on ooVoo invited their friends and relatives to join the social video chat experience, driving unprecedented new subscriber growth rates.

65% of ooVoo worldwide users are currently under 25 years of age, and 55% of ooVoo subscribers registered in the United States are under the age of 25.  According to August, 2012 comScore Top 100 Properties – Panel Only rankings, ooVoo was the #1 site with teens and the #1 site for people under 25.*  Family use is also up significantly – in the same comScore rankings, ooVoo was the #1 site for households with five or more people.

"With over 58 million subscribers, and adding millions more every month, ooVoo is the social video chat service of choice for a new digital generation of youth who live their life through mobile,"  said Jay Samit, president, ooVoo. "ooVoo is growing exponentially, and our strong momentum is another proof point that users find ooVoo as a powerful and must-have way to stay connected on mobile, Facebook, PC and tablet."

ooVoo allows up to 12 friends at the same time to connect  face-to-face digitally, allowing friends and family to stay connected to share experiences, including sitting on the "virtual couch" to watch and chat about favorite TV shows together from multiple locations, and using multiple devices (tablets, mobile phones, laptops).  Used heavily with TV as a second screen experience, ooVoo serves more than one billion minutes of video each month to subscribers. 

The service is now available for free for over 240 iOS and Android mobile devices, and the ability to take ooVoo along allows even more connection with friends and family in daily life.  This can include bringing friends along on shopping trips via ooVoo to get real-time opinions on choices,  virtually cramming friends in the car for that weekend road trip, or even showing mommy group members the latest happenings – whether milestone or mysterious spots – for opinions in real time.

See ooVoo in action at: https://www.facebook.com/video/video.php?v=10151204792431057

About ooVoo, LLC

ooVoo provides a high-quality, free, social video-chat service and integrated instant messaging for more than 58 million registered users worldwide. Bringing multi-party HD video chat to users around the world, ooVoo enables people to connect with their friends, family and community via 12-way video chat over the Web, Facebook, desktop and any Android or iOS-based mobile or tablet device using cloud-based connectivity. Named "Best of the Year" by PC Magazine in 2011, the free, award-winning ooVoo mobile app can be downloaded at www.ooVoo.com.

Headquartered in New York City, ooVoo is a privately-held company funded by Myrian Capital, a growth capital firm with investments in video communications, social media and advanced advertising, www.myriancapital.com.  Follow ooVoo on Facebook at www.facebook.com/ooVoo and through Twitter at www.twitter.com/ooVoo.

* Composition Index Unique Visitors, comScore Media Metrix, August 2012

Contacts:
Rogers & Cowan for ooVoo
Carol Lee/Jim Hughes
310-854-8168/310-854-8275
[email protected]
[email protected]

SOURCE ooVoo

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