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Robin Hood Ventures invests in Preclick
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Round funds the launch of Preclick Internet Photo Messenger .....
Robin Hood Ventures invests in Preclick
Round funds the launch of Preclick IPM - Internet Photo Messenger, a new photo sharing service

Wayne, PA - February 14, 2007 Last week Preclick Corp. debuted Preclick Internet Photo Messenger - its new photo Web service - at DEMO ’07. This week Preclick closed its Series A financing round of $1.6 million by investors Robin Hood Ventures,Mid-Atlantic Angel Group, LORE Associates, Delaware Crossing, New York Angels and SJFVentures.

The company’s DEMO ’07 debut of Preclick IPM (Instant Photo Messenger) demonstrates its attraction for investors—the company makes innovative software for digital photos and Web services for industry leaders Wal-Mart, Hewlett-Packard, Costco, 3M, Sandisk, DotPhoto and others. Click here for more details

"With Wal-Mart and Costco distribution, Preclick photo software reaches 40% of US retail photo customers," said Peter Nalle, a MAG investor. "Preclick has created the largest consumer channel to serve digital media and sharing needs.”
The investment is immediately funding the launch of Preclick IPM - Internet Photo Messenger, a new photo sharing service, which is akin to MySpace and YouTube.

LORE and Robin Hood Ventures member Vince Schiavone, who sold his company TurnTide to Symantec following DEMO launch, said "Preclick IPM will turn computer screens into networked picture frames that it monetizes via account acquisition, advertising, store visits, increased prints and products.”

Mark McDowell, a Robin Hood Ventures board member, added "Preclick's management team has a strong track record of delivering innovative software and services, which gives them a competitive edge."

About Preclick

Preclick, the photo lifetime software company, builds consumer photo software in 22 languages for Wal- Mart, Costco, HP, 3M, SanDisk, and others.

About Robin Hood Ventures

Robin Hood focuses on investing in early stage companies located in the Mid-Atlantic region. Portfolio companies include Intellifit, Compoze, Power Medical Interventions, Etech Solutions, Inc., myserviceforce.com, Glucolight, Baton, Synova Healthcare, Protez Pharmaceuticals, Bioconnect Systems, Baton Networks, Inc. and Paradigm Spine, LLC. As of January 2007, Robin Hood has invested approximately $8.1 MM in 16 companies that have subsequently raised over $200 million.

Robin Hood Ventures
Ellen Weber
phone: 610-993-9060
Preclick
Brian Smiga
phone: 800-450-9454
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