Image Source and PicScout Close Deal to Make New Content Available Through PicScout ImageExchangeTM

World's Leading Independent Producer of Premium Royalty Free Images Soon to Become Available to ImageExchangeTM Users

SILICON VALLEY, CA and LONDON--(Marketwire - January 14, 2010) - PicScout, the market leader in worldwide image services, enabler of client image monetization activities, and standard for image credit, today announces that they have reached agreement with Image Source, the world's leading producer of premium royalty free stock imagery, to add its entire collection of images to the PicScout platform to be visible and available to ImageExchange™ users.

Image Source is among the most creative and prolific producers of stock photography in the world. Underscoring the company's global reach and influence, its founder Christina Vaughan is the current President of the European Photography Trade organization, CEPIC, and Vice President of PACA, the North American Stock Photography Trade body. Of PicScout ImageExchange, Christina Vaughan says, "We laud and support the PicScout goal to credit every image and enlarge the scope of image recognition and rights across the digital marketplace. Image Source looks forward to bringing our renowned and distinguished stock photography through ImageExchange to reach our loyal clients everywhere."

"PicScout is very pleased to have reached this important agreement with Image Source and add them to the twenty plus leading companies partnered in ImageExchange. Image Source is among our industry's most highly respected companies and continues our momentum as we strive to meet the significant challenge that every image get its credit," said Offir Gutelzon, PicScout founder and CEO. "We look forward to making the Image Source content -- some of the world's finest photography -- available to our growing force of ImageExchange users very soon."

Recently, PicScout made a series of announcements based on a powerful new PicScout enabling platform with wide industry support. PicScout developments for the industry point to a new model and technical standard for image credit. With ownership and licensing clarified in an infrastructure that facilitates image rights and use, a pervasive online image marketplace has emerged. Image ownership is clear, and everyone using the PicScout ImageExchange browser tool can connect and use the images they want when they find them.

About PicScout
Founded in 2002, PicScout™ is the worldwide leader in image tracking, enabler of client image monetization services, and the standard for image credit. Through its proprietary and highly scalable image recognition technology, PicScout created the image copyright protection marketplace through its widely used ImageTracker™ product and is now leading the way for image commerce to become a legitimate Internet economy. A financially independent, privately held company, PicScout has offices in the Silicon Valley and Hertzelia, Israel. The company's products ImageTracker™ and ImageExchange™ utilize the company's Image IRC™ service platform which is based on its proprietary image recognition technology for its index, metadata registry and API connection to provide a wide variety of solutions involving image protection, ownership, identification, commerce, as well as business intelligence. PicScout is a member of PACA www.pacaoffice.org, CEPIC www.cepic.org, and BAPLA www.bapla.org.uk.

About Image Source
Image Source http://www.imagesource.com/ is the world's leading independent producer of royalty free stock imagery. Founded in 1999 by Christina Vaughan, Image Source supplies images and now footage to creative professionals around the world, having pioneered the visual industry's first Cross-Media Pack, containing matched still images and motion content. Headquartered in London, UK, with a regional office in New York, the company also supplies imagery through over 200 partners worldwide. This strong international sales network enabled the company to win the Queen's Award for Enterprise in the International Trade Category in 2005. Image Source has also been shortlisted by The Sunday Times Best Employers Guide 2008 as 'One to Watch' and is in The Guardian's 2008 book of Britain's Top Employers. The company is accredited with ISO 9001 and achieved a place on the 2008 Media Momentum Top 50, a list of the fastest growing digital media companies in the UK. Founder & CEO, Christina Vaughan, also recently won Entrepreneur of the Year at the Lloyds TSB sponsored Asian Women of Achievement Awards held in London. Image Source is a member of PACA www.pacaoffice.org, CEPIC www.cepic.org, and BAPLA www.bapla.org.uk.