LiveClips™ Continues Growth, Names Brian Kalinowski as COO

LiveClips™, an innovator and pioneer in the creation, digitization and real-time delivery of smart video clips to sports and fantasy league fans via Internet-enabled and mobile devices, has continued its rapid growth with the naming of Brian Kalinowski as Chief Operating Officer.

Mr. Kalinowski, a 25-year technology and entertainment industry veteran, will report to CEO Lewis Bakes and be a key member of LiveClips’ senior management team, responsible for all day-to-day operations. He joined LiveClips after nearly five years as executive vice president with WWE Interactive. Previously, Mr. Kalinowski was COO for Lycos Inc., vice president of product development at Ziggs Inc., and director of multi media service at Lycos Inc., in addition to serving in management roles with Stratus Computer, Target Systems and Digital Equipment Corporation earlier in his career.

"As executive vice president at WWE Interactive, Brian had full P & L responsibility for global digital media initiatives including Web and mobile interactive technologies, content production, audience acquisition, business development, electronic commerce and integrated media sales and sponsorship," said Bakes. "During his tenure, WWE grew to be a top 40 brand on Facebook® and was honored with six Mashable awards, which reward the best of digital and social media -- a record for a single company in one year. His background in technology and entertainment, coupled with his energy and passion for LiveClips’ technology offering, make him an extremely important addition to the LiveClips management team."

Jack Loop, the acting COO, has transitioned to the role of vice president, sales and marketing. Mr. Loop is a partner with Mr. Bakes in Amazing Grace Media LLC, which invested in LiveClips and which helped shepherd a five-fold increase in LiveClips’ employees in less than one year.

LiveClips provides access to sports action on smart phones, tablets and the Internet within seconds after it happens via a computer-aided system designed to personalize and deliver real-time video to fans. During the 2011 NCAA®/BCS college football season, LiveClips created 83,000 discrete video clips, of which 6,887 were distributed to fans who viewed them over 65 million times.

About LiveClips

LiveClips (www.LiveClips.com) is an innovator and leader in the development and delivery of instantaneous video content to sports and fantasy league fans via mobile and Internet-enabled devices. Founded in 2008, LiveClips’ game-changing advanced technology automates the previously time- and labor-intensive processes of creating game clips highlighting the most exciting and important plays, enabling broadcasters and rights holders to dramatically increase the efficiency of their sports coverage. LiveClips is also pioneering a new era of mobile engagement, creating instant in-game clips users can filter by teams, players and kinds of plays.

All trademarks are properties of their respective owners.

LiveClips™ Receives Additional $2.15 Million Investment

LiveClips™, an innovator and pioneer in the creation, digitization and real-time delivery of smart video clips to sports and fantasy league fans via Internet-enabled and mobile devices, said today that it has received new investments totaling $2.15 million over the past two months.

CEO Lewis Bakes said LiveClips, received $1.15 million in late December from two funds focused on investing in Connecticut businesses and managed by Advantage Capital Partners (www.advantagecap.com), a 20-year-old national investment firm with more than $1 billion under management, and Ironwood Capital Connecticut of Avon (www.ironwoodcap.com), a 20-year-old regional investment firm with more than $400 million under management. Two private investors also participated, he said.

An additional $1 million cash infusion closed in February, he said, with $500,000 each from Advantage/Ironwood funds and Connecticut Innovations (www.ctinnovations.com) of Rocky Hill, the state’s quasi-public authority responsible for technology-based economic development. Last summer, Connecticut Innovations supplemented the initial investment made by Amazing Grace Media LLC, of New Canaan, a private firm led by Mr. Bakes, by investing $1 million in the company.

LiveClips’ proprietary smart video clipping technology ingests live feeds from games and creates, digitizes and then delivers discrete searchable video clips of every play and replay to Web-enabled or mobile devices within 10 seconds of live action, in accordance with personalized filters set by customers. Live Clips, which relocated to Stamford from New York City in 2011, created 83,000 discrete video clips, with 6,887 distributed to fans who viewed them over 65 million times during the 2011 NCAA/BCS college football season. ESPN® and Major League Baseball®, among others, have worked with LiveClips’ technology.

Mr. Bakes said that LiveClips “continues to pursue its strategy of solidifying relationships with strategic customers, investors and partners who can provide the critical mass necessary for it to expand quickly enough to meet the growing demands of the marketplace,” he said. “On the heals of another major national contract for NCAA college football for the 2011 season, LiveClips,” he said, “is currently working to finalize contracts to deliver our service offering for soccer, golf, football, baseball and basketball in 2012 and 2013.”

“We are pleased to strengthen our support of LiveClips with this new investment,” said Peter Longo, president and executive director of Connecticut Innovations. “Since LiveClips relocated to Connecticut last year, LiveClips has expanded and fortified its team and gained further customer traction. We look forward to the company’s continued growth and success.”

Speaking for the Ironwood-Advantage investment team, Marc Reich, president of Ironwood Capital, said “LiveClips is demonstrating its technological prowess in delivering more sports clips faster than its competition. Our investment in LiveClips will help the company extend its team of experts and its infrastructure in Connecticut, as well as its marketing reach. We are teaming with a high potential growth company with the ability to lead an increasingly important industry.”

About LiveClips

LiveClips (www.LiveClips.com) is an innovator and leader in the development and delivery of instantaneous video content to sports and fantasy league fans via mobile and Internet-enabled devices. Headquartered in Stamford, LiveClips’ game-changing advanced technology automates the previously time- and labor-intensive processes of creating game clips highlighting the most exciting and important plays, enabling broadcasters and rights holders to dramatically increase the efficiency of their sports coverage. LiveClips is also pioneering a new era of mobile engagement, creating instant in-game clips that users can filter by teams, players and kinds of plays. Founded in 2008, LiveClips created 83,000 discrete video clips, of which 6,887 were distributed to fans who viewed them over 65 million times during the 2011 BCS college football season, and has been used by Major League Baseball and by ESPN for NCAA® college football and the FIFA World Cup®.

About Advantage Capital Partners and Ironwood Capital Connecticut

In 2010, Ironwood Capital Connecticut, an Avon-based investment management firm, partnered with Advantage Capital Partners, a leading venture capital and small business finance firm, to raise two funds, totaling $83 million for investment in Connecticut-based companies. To date, Ironwood Capital Connecticut and Advantage Capital have invested more than $25 million in 16 Connecticut companies. The investments from Ironwood Capital Connecticut and Advantage Capital are made possible by the Insurance Reinvestment Fund Program, which is administered by the Connecticut Department of Economic and Community Development.

About Connecticut Innovations Inc.

Connecticut Innovations (CI) is a quasi-public organization dedicated to driving a vibrant, entrepreneurial, technology-based economy in Connecticut. CI stimulates high-tech growth by investing in early-stage Connecticut technology companies, university/industry research collaborations and technology transfer and collaborating with government, business, nonprofit and academic organizations to advance technology growth and promote public policies consistent with CI’s mission.

All trademarks are properties of their respective owners.

LiveClips Technology Transforms Live Events Into Highlight Reels

The Sports Video Group is pleased to welcome LiveClips as a corporate sponsor.

Headquartered in Stamford, CT, LiveClips is an innovator and leader in the development and delivery of instantaneous video content to sports and fantasy-league fans via mobile and Internet-enabled devices.

"LiveClips welcomes and values the cohesive voice that the Sports Video Group is bringing to the sports video industry," says Lewis Bakes, CEO of LiveClips. "LiveClips believes that through affiliating with SVG and by working with other SVG members, LiveClips will be better positioned to meet its goal of helping broadcasters and rights holders deliver sports and fantasy sports fans with personalized in-game live video experiences across mobile apps, tablets, and the Internet, within seconds of live action."

LiveClips' advanced technology automates the previously time- and labor-intensive processes of creating game clips highlighting the most exciting and important plays, enabling broadcasters and rightsholders to increase the efficiency of their sports coverage.

LiveClips partners with major sports broadcasters to transform live event broadcast feeds and immediately deliver in-game clips to smart devices. Its 'black box' technology combines state-of-the-art recognition software and artificial intelligence to capture all the action and relevant data of every play of the game. LiveClips can provide fans condensed games and personalized highlight reels. Users can create instant in-game clips that can be filtered by team, player, and kinds of play.

Since the company’s founding in 2008, LiveClips technology has been used by Major League Baseball and by ESPN for NCAA college football and the FIFA World Cup.

Sports Media Industry "Legend" Neal Pilson Joins LiveClips

Neal Pilson, one of the best known and most highly regarded executives in the sports media industry, has joined LiveClips™, an innovator and pioneer in delivering live sports action to fans via Internet-enabled and mobile devices, as a strategic media advisor.

"LiveClips is solidifying its relationships with strategic investors, partners and advisors who can provide the critical mass necessary for us to meet the demands of the growing marketplace," said CEO Lewis Bakes. "The confidence Neal has shown in LiveClips, from his early stage participation with the company to his decision to be our strategic media advisor, will materially impact our ability to set and meet goals."

"In today's 'copy cat' world of television and TV sports, Neal Pilson is one-of-a-kind," said Douglas Vunic, founder, president and CTO of LiveClips, who first brought Pilson to his company in 2008. "Neal has a special understanding of the way sports media is consumed and marketed in this very complex industry. He is an invaluable resource for a small company like ours as we continue to develop new technologies to allow fans to follow their favorite players, teams and can't-miss games in new ways."

Pilson: "LiveClips Far Quicker Than Anyone Else"

"Our industry puts a huge premium on being first, and Live Clips' technology delivers real-time video action and notification to the mobile platform far quicker than anyone else," said Pilson. "There has to be a demand for that service."

Pilson founded Pilson Communications, Inc. (PCI) in 1995 after 20 years at CBS, including 14 as president of CBS Sports. During the past 16 years, PCI has provided consulting and advisory services to clients including NASCAR, the International Olympic Committee, the Rose Bowl and Churchill Downs.

Previously, at CBS Sports, Pilson's responsibilities included negotiating broadcast agreements for all of CBS's major sports franchises, including the NFL, the NCAA Basketball Tournament, The Masters, college football and basketball, as well as directing the acquisition of domestic television rights for the Olympic Winter Games. With Pilson at the lead, CBS won major Emmy Awards for coverage of the Final Four, NFL Football, Major League Baseball, the Daytona 500 and other events, and the George Foster Peabody Award for The Masters. In 1994, the International Olympic Committee awarded him the Olympic Order, the highest honor given by that organization.

Pilson holds an L.L.B. from Yale Law School, and was in private practice in New York before joining CBS. He has also been an executive at Metromedia, Inc. and the William Morris Agency, Inc.

LiveClips provides access to sports action on smart phones, tablets and the Internet within seconds after it happens via a computer-aided system designed to personalize and deliver real-time video notification to fans. Over the past year, ESPN® and Major League Baseball®, among others, have worked with LiveClips' technology.

About LiveClips

LiveClips (www.LiveClips.com) is an innovator and leader in the development and delivery of instantaneous sports video content to mobile and Internet-enabled devices. Headquartered in Stamford, Connecticut, LiveClips is a game-changer. Its advanced technology automates the previously time- and labor-intensive processes of creating game clips highlighting the most exciting and important plays, enabling broadcasters and rights holders to dramatically increase the efficiency of their sports coverage. LiveClips is also pioneering a new era of mobile engagement, creating instant in-game clips that users can filter by teams, players and kinds of plays. Founded in 2008, LiveClips technology has been used by Major League Baseball and by ESPN® for NCAA® college football and the FIFA World Cup®.

All trademarks are properties of their respective owner

Connecticut Innovations Makes $1 Million Investment in LiveClips,
A Pioneer in Delivering Sports Action to Web-enabled Devices

Connecticut Innovations (CI), the state’s quasi-public authority responsible for technology investment and innovation development, and LiveClips™, a pioneer in delivering live sports action to fans via any Internet-enabled or mobile device, announced today that CI has made a $1 million investment in LiveClips through its Eli Whitney Fund. LiveClips recently relocated from New York City to Stamford.

LiveClips’ multi-screen service offering delivers in-game video clips to smartphones, tablets, PCs and any Internet-enabled device significantly faster than competitive service offerings. Additionally, LiveClips is unique in its ability to provide personalized socially-enabled video content fans can share via Facebook®, Twitter® and other social media.

"LiveClips provides fans with the ability to view what they want, when they want, where they want, within seconds of the live action," said LiveClips CEO Lewis Bakes. "With LiveClips, the sports leagues and broadcasters who are our customers will be able to develop new revenue and profit centers while delivering the real-time video notifications and alerts fans crave."

LiveClips has increased its staff by 300% since March and recently relocated to space previously occupied by Oracle® Corporation. Over the past year, LiveClips technology has been used by Major League Baseball®, and by ESPN® for NCAA® college football and the FIFA World Cup®. LiveClips is currently in discussions with multiple broadcasters and sports leagues, and is also developing several fantasy sports league offerings.

"We are solidifying relationships with strategic investors and partners who can help LiveClips expand quickly enough to meet the demands of the growing marketplace," said Bakes. The confidence that Connecticut Innovations has demonstrated in our technology, our people, our business model and the mobile sports video space by its $1 million investment represents another significant step in positioning us to achieve our goals."

"LiveClips helps satisfy sports fans’ intense appetite for up-to-the-minute game highlights, offering unmatched speed and customization," said Peter Longo, president and executive director of CI. "Given the capabilities of its technology and the huge potential audience, LiveClips presents a very attractive investment opportunity for CI. The company is a great addition to Connecticut’s robust digital media cluster."

Russ Tweeddale, CI’s managing director of investments, will sit on LiveClips’ board of directors.

About Connecticut Innovations Inc.

Connecticut Innovations (CI) is a quasi-public organization dedicated to driving a vibrant, entrepreneurial, technology-based economy in Connecticut. CI stimulates high-tech growth by investing in early-stage Connecticut technology companies, university/industry research collaborations and technology transfer and collaborating with government, business, nonprofit and academic organizations to advance technology growth and promote public policies consistent with CI’s mission. Additionally, CI supports clean energy and energy efficiency initiatives through its administration of the Clean Energy Finance and Investment Authority. For more information on CI, please visit www.ctinnovations.com.

About On Demand Real Time LLC, d/b/a/ LiveClips

LiveClips (www.LiveClips.com) is an innovator and leader in the development and delivery of instantaneous video content from live sporting events to any Internet-enabled device. Headquartered in Stamford, Connecticut, LiveClips is a game-changer. Its advanced technology automates the previously time- and labor-intensive processes of creating game clips and highlights, enabling broadcasters and rights holders to dramatically increase the efficiency of their sports coverage. LiveClips is also pioneering a new era of mobile engagement by creating instant in-game clips that users can filter by teams, players and kinds of plays. Founded in 2008, LiveClips technology has been used by Major League Baseball® and by ESPN® for NCAA® college football and the FIFA World Cup®.

All trademarks are properties of their respective owner

LiveClips, an Innovator in Delivering Sports Action to Web-enabled Devices, Continues to Go Strong with New Management Team, Financing and Offices

'Gets Video Clips to Mobile Devices as the Action Happens'

LiveClips™, an innovator and pioneer in bringing live sports action to fans almost as fast as the game itself via any Internet-enabled or mobile device, has undergone dramatic growth with a new senior management team, increased financing and a move to new office space.

"Our proprietary, patent-pending technology is without equal in the sports video space," said Lewis Bakes, the CEO who joined LiveClips earlier this year with COO Jack Loop when their firm, Amazing Grace Media, made an investment of approximately $1 million in the three-year-old company.

Mr. Bakes said that LiveClips' multi-screen service "delivers in-game video clips to smartphones, tablets, PCs and any Internet-enabled device significantly faster than competitive service offerings and stands alone in its ability to provide personalized socially-enabled video content fans can share via Facebook®, Twitter® and other social media.

"LiveClips gets video clips to mobile devices as the action happens," he said. "And unlike competitors who manually create only limited number of clips for each game, LiveClips' computer-aided technology creates a video clip of every play for every game within seconds of live action.

"LiveClips provides fans with the ability to view what they want, when they want, where they want, within seconds of the termination of live action, in a format that eliminates everything that is extraneous to their desired viewing preference," he said. "The sports leagues and broadcasters who are our customers can now fully monetize their video content while delivering the real-time video notifications and alerts that fans crave."

LiveClips' computer-aided system is designed to provide in-game video clips, condensed games, and personalized highlight reels within seconds after completion of a play. Over the past year, ESPN® and Major League Baseball®, among others, have worked with LiveClips' technology.

LiveClips is currently in discussions with "multiple broadcasters and sports leagues and is also developing several fantasy offerings," said Mr. Bakes. "We are solidifying relationships with strategic investors, partners and advisors who will provide the critical mass necessary for LiveClips to expand quickly enough to meet the demand of the marketplace."

Growing with Move to Stamford

Having grown its team by 300% over the last five months, LiveClips has recently moved into larger offices previously occupied by Oracle® Corporation in Stamford, Connecticut. LiveClips offices include a state-of-the-art video and data center, where sports action is processed in real-time for its broadcasting and sports clients.

About LiveClips

LiveClips (www.LiveClips.com) is an innovator and leader in the development and delivery of instantaneous video content from live sporting events to any Internet-enabled device. Headquartered in Stamford, Connecticut, LiveClips is a game-changer. Its advanced technology automates the previously time- and labor-intensive processes of creating game clips and highlights, enabling broadcasters and rights holders to dramatically increase the efficiency of their sports coverage. LiveClips is also pioneering a new era of mobile engagement by creating instant in-game clips that users can filter by teams, players and kinds of plays. Founded in 2008, LiveClips technology has been used by Major League Baseball®, and by ESPN® for NCAA® college football and the FIFA World Cup®.

All trademarks are properties of their respective owners.