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Portfolio Press Release

Avaak

Vue™ Personal Video Network Wins a '2009 Caregiver Friendly® Award' from Today's Caregiver Magazine

Wireless Video Network System Creators Honored for Assisting Caregivers with Daily Monitoring Needs

Avaak, Inc. Press Release
11 June 2009

Avaak, the industry leader in easy-to-use video mesh networking technology, today announced its Vue™ personal video network is one of the recipients of Today's Caregiver Magazine's 2009 Caregiver Friendly® Awards. The Caregiver Friendly Awards are designed to celebrate products, services, books and media created with the needs of caregivers in mind, and the Vue has been recognized as an innovative new technology within the highly-competitive product category.

"We are thrilled to be recognized by Today's Caregiver Magazine for offering a product that enables caregivers to better assist and monitor their patients when they can't be there in person," says Gioia Messinger, founder and CEO of Avaak. "The responsibility of a caregiver can often be a twenty-four hour commitment, and we are happy to offer an affordable and reliable product that not only makes their job easier, but more efficient as well."

Combining real-time video imaging and Web connectivity, the Vue system virtually joins caregivers to their loved one or patient using a network of miniature, battery-powered wire-free cameras that can be placed just about anywhere. Using a proprietary ultra-low power wireless network technology to maximize battery life, the cameras have a range of up to 300 feet to view what is happening inside, and even outside, the house.

With cameras in place, caregivers simply log onto their personal VueZone.com account to instantly see live video streaming from a selected camera. In addition to live viewing, the video can be recorded, scheduled and even shared. The Vue system is Internet based so that caregivers can view remotely from any browser or Flash-enabled mobile device.

"The average caregiver is responsible for more than $40,000 in health related expenditures each year, in either personal or directed funds," says Gary Barg, Today's Caregiver Magazine's editor-in-chief. "This award is designed to help family caregivers recognize and reward those organizations who will care for them in as committed a manner as they care for their loved ones."

The Caregiver Friendly Award will be presented at the magazine's Fearless Caregiver Conference on June 18, 2009, in Fort Lauderdale, Fla. Additionally, award winners will be profiled in the July/August issue of Today's Caregiver and on Caregiver.com.

Retailing at $299, the Vue personal video network will begin shipping in summer 2009. Pre-orders can be placed now on at www.VueZone.com.

About Avaak, Inc.

Founded in 2004, Avaak is the world's leader in ultra low-power easy-to-use, wire-free video technology that enables pervasive imaging applications where video and snapshots can be viewed, captured and shared from anywhere at any time without the need of wiring cameras or downloading software. Originally developed for homeland security and defense purposes, Avaak's technology enables the use of video in consumer and commercial applications and locations that were previously deemed infeasible. With a wide array of uses, the company's products will allow consumers to take full advantage of the digital lifestyle. Avaak is a private company with headquarters in San Diego, Calif., which is funded by Trinity Ventures, InterWest Partners and Leapfrog Ventures. To learn more, visit www.avaak.com.

About The Caregiver Friendly Awards:

Caregiver Friendly® Awards are presented by Today's Caregiver Magazine to celebrate outstanding books, media, products and services designed with the best interest of the family caregiver in mind. Today's Caregiver Magazine, launched in 1995, is published by Caregiver Media Group, which also produces the Fearless Caregiver conferences, www.Caregiver.com, and The Fearless Caregiver book which teaches caregivers how to become their loved one's fearless advocates within the healthcare system.

CONTACT: for Avaak
Alex Anzalone, 619-234-0345
Anzalone@formulapr.com

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