ClipClash Announces New Board Members To Oversee U.S. Expansion

Online, December 15, 2010 (Newswire.com) - With the continued growth of ClipClash's unique patented music video and social fantasy game platform, the company is honored to announce the addition of David Leibowitz and Avner Parnes to its Board of Directors. ClipClash management has been working closely with Messrs. Leibowitz and Parnes during 2010 and effective immediately, these two high level executive board members will direct the company's business strategy and development in North America.

"We are very excited to have both David and Avner on board," stated Offer Kohen, CEO of ClipClash. "They will give ClipClash the credentials, strategic thinking and access to close the right partnerships in order to fully execute on our vision for the company."

David Leibowitz is Managing Partner of CH Potomac and works closely with both large and small companies at the intersection of entertainment, media and technology. Among other activities, Leibowitz is a senior advisor to Motorola and National Datacast (a for profit subsidiary of PBS), Chairman of Sir Groovy, and Chairman of the Advisory Board of Fighter Interactive. Earlier in his career, Leibowitz served as the Executive Vice President and General Counsel of the Recording Industry Association of America (RIAA), co-founder and Chairman of Verance, Executive Vice President of Gotuit Media, Chairman of EZMO, and as a senior advisor to various other media and technology companies.

"ClipClash is the natural next step in the evolution of social gaming, transforming the passive viewing of short-form video clips into an engaging, interactive and fun competition among users," stated Leibowitz. "By merging fantasy and social gaming with video content, ClipClash enables online video services to further delight their users and open up new revenue streams to better monetize their content."

Avner Parnes has extensive global experience working with emerging media and high tech companies in business development, capital formation and corporate development, and strategic planning. "I evaluate many startups, but the unique platform and the potential growth attracted me to ClipClash," said Parnes. Parnes has successfully negotiated deals with Fox Interactive, AOL (NYSE:AOL), Microsoft (NASDAQ: MSFT), and other major multi-national companies. Earlier in his career he served as Chairman and CEO of MBI Business Centers (NASTAQ:MBI) and oversaw the company's sales growth from $1 million to $118 million over a six year period.