Openfilm.com Rewards Filmmakers with Cash

New monthly award celebrates remarkable content creators

MIAMI - January 28, 2009 - As a precursor to the launch of its ad revenue sharing program for content providers, video sharing site Openfilm will recognize top filmmakers with a $500 reward every month. Ten winners are selected based on various criteria, including technical execution, the quality of narrative and acting, the overall popularity and audience feedback.

"Openfilm has attracted some of the world's most outstanding, up-and-coming independent filmmakers. Whether they submit their content directly to us or we receive it from one of our film festival or film school partners, we understand the time, effort and passion that went into creating the work. This monthly award is our way of thanking them for their contribution to Openfilm and to support their craft." said Alan Melikdjanian, Openfilm Co-Founder and Chief Creative Officer. "As a filmmaker myself, I know the money will come in handy!"

This month's diverse group of winning channels consists of:

All channels with videos on the site are considered for the award. Past winners are eligible to win again. Openfilm encourages filmmakers to upload their best work for a chance to be a winner in the coming months.

Contact

Dmitry Kozko

Chief Marketing Officer

305-892-9420

dkozko@openfilm.com

About Openfilm

Recently named best video sharing site 2008 by Videomaker Magazine, Openfilm is an online community of independent filmmakers, film schools, festivals and audiences who want to discover, watch and share the best web video in high-definition, for free. It combines the best aspects of user-generated films with the content selection, high video quality and rich presentation style of commercial video-on-demand sites. Launched in July 2008, Openfilm.com boasts now more than 500 channels featuring over 2000 films and animations of all lengths and genres, a database of more than 2000 film festivals over the world, and other tools to help filmmakers market their work. Founders and members of the Openfilm team have produced films and television programs for networks including NBC, MTV, and TLC. For more information, visit http://www.openfilm.com or email to info@openfilm.com.