Marc Andreessen and Ben Horowitz Invest in Qik

Andreessen and Horowitz Join Qik's Board of Advisors

FOSTER CITY, Calif., Aug. 26 /PRNewswire/ -- Qik, Inc., the leading
innovator of mobile, interactive live video streaming services, today
announced that Netscape veterans Marc Andreessen and Ben Horowitz have made a
significant investment in the company. The experienced pair is also joining
Qik's Board of Advisors.
"We are thrilled to have Marc and Ben involved in Qik, both as investors
and advisors," said Qik CEO Ramu Sunkara. "Marc is a true visionary and
seasoned technology investor. He brings strong entrepreneurial and innovation
experience to Qik. It is great to have them both on board to help us grow Qik
and guide us on how we can change the way people communicate and share live
experiences around the world."
Currently co-founder and chairman of social networking platform Ning,
Andreessen invests in several Internet startups and serves on the board of
directors for Facebook and for Open Media Network. Best known as co-author of
Mosaic, the first widely-used web browser, and co-founder of Netscape
Communications, Andreessen's experience also includes his work as CTO of AOL,
as well as chairman and co-founder of Web infrastructure company Loudcloud,
later named Opsware and acquired by Hewlett-Packard.
A veteran of Netscape, Opsware and AOL, Ben Horowitz co-founded Loudcloud
with Andreessen in 1999 and served as CEO of the company before it was
acquired in 2007. He currently serves as vice president and general manager of
Hewlett-Packard's Business Technology Organization Unit.
"Qik lets people share experiences live, on a global basis, through its
truly innovative mobile technology," said Andreessen, co-founder of Ning. "I'm
looking forward to guiding Qik, as an advisor, as the company progresses its
acceleration as the world's premiere mobile communication service."
"Qik is breaking fresh ground at the intersection of live video, mobile
technology, and communications," said Horowitz. "It's a real pleasure to
contribute to their efforts and see where the company's creative and inventive
approach will lead us all."
In addition to notification integration with Twitter
(http://www.twitter.com), Qik users can also effortlessly stream videos from
their phones to YouTube (http://www.youtube.com), Mogulus
(http://www.mogulus.com), MySpace (http://www.myspace.com), Orkut
(http://www.orkut.com), and Justin.tv (http://www.justin.tv).
Andreessen and Horowitz join industry leaders Marc Benioff, chairman and
CEO of salesforce.com; Arjun Gupta, founder and managing partner of Telesoft
Partners; and George Garrick, president and CEO of Jingle Networks, as
investors in Qik.
About Qik
Qik, the world's leading mobile live video streaming platform, lets anyone
stream video live from their mobile phone to anywhere in the world. Its
innovative, patent-pending technology enables anyone to share their moments
live with their friends and family or the entire world. Notable events
captured on Qik include the lighting of the Olympic torch from both inside and
outside the Olympic stadium in Beijing, the Mars landing from mission control,
and sessions from the World Economic Forum in Davos. Qik is available on a
wide variety of cell phones, including Nokia N-series phones and a selection
of Windows Mobile phones. Find additional Qik videos, including those
streaming live, here: http://qik.com/.
SOURCE Qik, Inc.

Cyndi Schott, +1-415-345-4712, cyndi@outcastpr.com, of OutCast Communications
for Qik, Inc.