First international Web 2.0 community enables users to earn money for creative content

New York/Munich, February 12, 2007 - Spymac, the first international Web 2.0 community to take social networking to the next level and pay users for uploading self-produced creative content, paid out its first monthly jackpot of US$ 50,000. Top content providers earn the lion�'s share of the monthly payout.

Launched in January 2007 the new version of Spymac shares its revenue with its content uploaders. The most active, creative and popular content providers earn the largest amounts of money in this revenue-sharing model based on an exponential curve.

Spymac�'s quality-rating system is based on an algorithm taking into account how creative and popular it is. The criteria include how other users rate the content, if it is linked to other sites, the click-rate etc.

Users with the most popular content of the day win the daily payout and the best content providers of the month earn the monthly jackpot.

During the first month a German, Spymac nickname "Jafeth", earned US$ 5,000 for his funny videos and pictures, another large cheque for US$ 1,300 went to a Chinese content provider.

Holger Ehlis, Spymac CEO said: "While YouTube announced that it was thinking of a way for members to revenue-share, Spymac is already paying out cheques to its users."

About Spymac

www.spymac.com is available in 18 languages, including English, French, Spanish, Germany, Chinese, Japanese, Korean and Russian and has offices in the USA, Canada and Germany. Just one month after the launch the community has over 1 million users who video chat, share pictures, audio and video content.

For more information, contact details and photo material please visit www.spymac.com/contact/ or call +49-360363-40 or 001-631-549-7575 for press inquiries.