HedgeFund.net and HedgeVideo Announce Strategic Alliance

Date: Tuesday, August 14, 2007
Author: HedgeFund.net

Companies Team Up in Groundbreaking Relationship For Innovative Hedge Fund Videos

FOR IMMEDIATE RELEASE

NEW YORK, New York: August 13, 2007

HedgeFund.net ("HFN") and HedgeVideo, Inc. today announced a strategic alliance that will combine HedgeVideo's quality video production services with HFN's vast accredited investor and hedge fund audience. The aim of the venture is to enhance the investor relations and research experience on HFN by engaging investors with new ways to deliver fund information over the web, specifically using digital video. The agreement includes an integrated, HFN branded solution based relationship on HedgeFund.net that provides for significant website and email promotion by HedgeFund.net. HedgeVideo will supply its Fund IRV (Hedge Fund Investor Relations Video) product as a branded solution to be distributed exclusively by HedgeFund.net via its website.

The Fund IRV is a custom produced video created by HedgeVideo. The videos are vibrant investor relations presentations that provide investors with insight into a hedge fund firm's operation and its personnel. Shot on location at a fund's offices or in a studio, the subject is the portfolio manager(s) and other key personnel discussing information of interest to the investor community. These video presentations are globally accessible to a vast population of investors via the world wide web on HedgeFund.net, a leading source for hedge fund news and performance information on the Internet. Fund IRVs may also be used as forms of regular communication with fund investors, analysts and other third parties.

"The HedgeFund.net and HedgeVideo alliance symbolizes what can happen when two dynamic companies come together to offer innovative solutions to the hedge fund community," said Don Cacciapaglia, Chairman & CEO of Channel Capital Group Inc., the parent company of HedgeFund.net. "HedgeVideo is the perfect media partner to provide HFN with a unique video solution for our investor and hedge fund audience. We are pleased to be collaborating with HedgeVideo and their forward-thinking management."

"We are delighted to work with HFN on an official basis. Bringing entertaining, informative and exclusive content to HedgeFund.net and their viewership helps further our goal of providing the best alternative investment related video content to the hedge fund industry," said Josh Blumenthal, Managing Director of HedgeVideo. "This relationship offers greater visibility and access to both HedgeFund.net and HedgeVideo, providing both companies with new outlets for growth and opportunity."

The HedgeFund.net Fund IRV is available starting today and may be purchased by funds located in North America (inclusive of the Caribbean Islands), Europe, the United Kingdom (and Channel Islands) as well as Asia and the Pacific Region. Additional packages for distribution of video on CD-ROM and DVD are also being made available as part of the HFN Fund IRV arrangement. Fund IRVs can be delivered in less than two weeks and are only available as complete turnkey solutions, inclusive of all production and hosting supplied by HedgeVideo.

More information about the HedgeFund.net Fund IRV can be found at http://www.fundirv.com.

About HedgeFund.net

HedgeFund.net, owned by Channel Capital Group Inc., is a leading source for hedge fund news and performance data on the Web. Investors who meet HedgeFund.net's accreditation standards are eligible for access to the site's database of information on more than 7,500 hedge funds, funds-of-funds and commodity products. HedgeFund.net is used by thousands of accredited investors to keep abreast of industry news, monitor existing hedge fund investments, and review fund information in anticipation of making allocations to the asset class.

About HedgeVideo

HedgeVideo is a video production company that specializes in video solutions for the hedge fund, private equity, and venture capital industries. As part of a multi-city based design, production and branding agency, HedgeVideo has deep resources and expertise in the delivery of web based multimedia solutions.

HedgeFund.net Contact:
Joel M. Schwab, CFA
Managing Director
Channel Capital Group Inc.
t: (212) 381-8065
e: jschwab@channelcapital.net

HedgeVideo Contact:
Joshua Blumenthal
Managing Director
HedgeVideo
t: (646) 797-3226
e: jblument@hedgevideo.com