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Cyworld USA Launches Ultimate Community Mash-Up Tool for Online Video Fanatics
New Cyworld Video Studio and Plaza Addresses Member Request for 'Participation Media' Interactive Features

SAN FRANCISCO, May 16 /PRNewswire/ -- Cyworld USA, a leading social networking platform, today launched new features to enhance its impressive platform of interactive services -- setting it apart from other social networks available for young consumers. The addition of the Cyworld Video Studio and Plaza, a forum for members to upload, edit, mix and share videos or photos, exemplifies Cyworld's continued efforts to pioneer ways for its members to capture and share their lives with friends and family. Based upon the highly successful video launch of sister site Cyworld Korea, developers in the US worked with San Diego based Eyespot, developer of next generation media mixing playgrounds, to incorporate online editing features in response to a demand from Cyworld members for interactive tools that allow them to personalize their content sharing.

"We're all about providing our community a platform that allows them to express their real world," said Michael Streefland, Cyworld USA Vice President of Marketing and Sales. "This generation in particular has a strong need to be heard, share their ideas, and reinterpret existing conventions. Everything we develop needs to take it up a notch with 'let-me-participate-too' online features that incorporate their own ideas, creativity, and desire to connect with others through personalized self-expression."

The Cyworld Video Studio is one of the most complete content-editing services available on a social networking platform. Eyespot collaborated with Cyworld USA to customize the interactive tool with powerful features that allow members the ability to mix video, photos, and music -- complete with slow motion, cross-fades, color enhancements, and special effects -- all without ever leaving the Cyworld USA online environment.

"We're thrilled to be a part of the most innovative social networking site for youth," said David Dudas, CTO of Eyespot. "Our video mixing platform is a perfect complement to the creative community that lives on Cyworld."

Adding to the interactivity is Cyworld Plaza, a twist on standard video sharing areas seen on other social networking sites. Moving away from random submissions, Cyworld content categories are themed, and encourage members to share their stories, create original productions, and highlight the real world of high school and college. These eight category "channels" include Cyworld produced videos that are hosted by members of the community and showcase topics that are relevant to this generation.

* Frenemies -- You love them, compete with them, and are Best Friends Forever. Let's cut through the lunchroom politics and reveal the truth! * Aftermath Cafe -- Prom, Blind Dates, Spring Break, SAT, School Plays ... enough of the glossy tales, let's talk about what really happened the day after. * A/V Club -- We're geeks and we love it. From Anime Conventions and Lord of the Rings to Glue Guns and Student Films ... Artists of the World unite! * Travel Diaries -- Enough of the sunset photos. What really happened on your last trip across town or across the world? * McJobs -- Deep fryers, animal costumes, zinc oxide, and drive-thru's. What's minimum wage life really like? * Global Citizen -- Whether you grab a camera or grab a broom, we can all make a difference. Let's show the world how we're going to change everything! * Current Obsessions -- Boys, shoes, or ramen noodles... what are you fascinated with right now? * Whatever -- Doesn't Fit? Fit it here!

To celebrate the opening of the Cyworld Video Studio and Plaza, the popular social networking site put out a call-to-action to its membership with a spring makeover challenge, online film festival, and showcase documentaries of the latest recipients of the Cyworld Community Grant Challenge.

The Cyworld Video Studio and Plaza can be viewed at http://www.cyworld.com/ or members can access the Cyworld Plaza club, called The Scene, at http://club.us.cyworld.com/thescene .

About Cyworld

Cyworld is the premier online social networking platform for enhancing existing relationships with friends and family. Cyworld's innovative look, charm and engaging communication tools appeal to a youth culture looking for an authentic, safe destination for interaction and creative expression. Originally launched in 1999 in South Korea to great success, Cyworld is a world leader with recent launches in China, Japan and Taiwan and the U.S. Cyworld is owned by SK Communications, a subsidiary of SK Telecom which is the number one provider of mobile telecommunications in Asia.

About Eyespot

Eyespot's browser based solution fosters creativity and discovery while empowering consumers to play with copyrighted media without having to download clunky software or learn new skills. The drag and drop editing application allows anyone to upload, remix, and create new video from the community's vast pool of popular and legally-accessible content ranging from movie, television, and music clips or from user generated content. The company has been selected as a trusted partner by many of today's most compelling brands and media entities, including Paramount Pictures, NBA, Jive Records, among others. Eyespot can be found on the web at http://www.eyespot.com/.

Cyworld USA

CONTACT: Weber Shandwick Worldwide, +1-425-452-5400,
Cyworld@webershandwick.com, for Cyworld USA; or Hal Bringman, +1-323-851-6877,
hal@nvpr.com, or Phil McGovern, +1-323-851-6877, phil@nvpr.com, both of NVPR,
for Eyespot

Web site: http://www.eyespot.com/

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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