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February 2, 2009 - 3:34 PM EST


VSHD 0.19 0.179



Vidshadow Announces Stockholder Approval of Reverse Stock Split Monday, February 2, 2009 9:00 am ET
Vidshadow Announces Its Board of Directors and Stockholders Have Authorized a 1-for-10 Reverse Split of Vidshadow's Common Stock
LOS ANGELES, CA -- (Marketwire) -- 02/02/09 -- Vidshadow, Inc. (PINKSHEETS: VSHD) (http://www.vidshadow.com), a provider of digital interactive media technology solutions, announced today that its Board of Directors and stockholders have authorized a 1-for-10 reverse split of Vidshadow's common stock.

"This approval serves as a milestone in our effort to improve the capital structure of the Company," said Atul Patel, CEO of Vidshadow. "In light of our new product launches and the market opportunity, the Company hopes that by improving its capital structure it will become even more attractive to investors, analyst and institutional communities."

The reverse stock split was approved by Vidshadow's stockholders in February 2009. In the reverse split, each ten shares of Vidshadow's issued and outstanding common stock will be combined into one share of common stock. No fractional shares will be issued in connection with the reverse stock split and fractional shares will be rounded up to the nearest whole share of common stock. The reverse split will affect all shares of Vidshadow's common stock, including those shares underlying stock options, warrants and convertible debentures outstanding immediately prior to the effective date of the reverse split.

Upon approval of this reverse split by the Nasdaq, Vidshadow's will mail instructions to stockholders of record prior to the effective date regarding the exchange of certificates for common stock.

About Vidshadow, Inc.

Vidshadow, Inc. (PINKSHEETS: VSHD) is a provider of an end-to-end solution for digital video management, syndication, playback, and monetization. Vidshadow provides on-demand software to content producers and licensors for expanded syndication and increased transparency, publishers and distributors for end-user experiences and engagement, and advertising networks and agencies to enhance audience targeting and reach. Vidshadow's technology platform provides a seamless integration between these parties, and also integrates other third-party services and solutions. The company is headquartered in Greater Los Angeles. For more information, please visit http://www.vidshadow.com.

Forward-Looking Statements

Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond the Company's control that could cause actual events and results to differ materially from these statements. These risks include, without limitation, that there can be no assurance that any strategic opportunities will be available to the Company and that any strategic opportunities may only be available on terms not acceptable to the Company. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Vidshadow, Inc. undertakes no obligation to update publicly any forward-looking statements.

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Source: Marketwire (February 2, 2009 - 3:34 PM EST)

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