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Eric Feng Joins Crunchyroll Advisory Board

Former Hulu CTO and Partner at Kleiner Perkins Caufield & Byers Joins Crunchyroll Advisory Board

SAN FRANCISCO, CA -- (Marketwire) -- 01/30/13 -- Crunchyroll, Inc., the leading Anime and Asian content streaming service, announced today that Eric Feng, former CTO of Hulu, has joined the Crunchyroll Advisory Board to help fuel continued growth for the already booming global video streaming service. With more than nine million registered users worldwide and over one hundred thousand premium subscribers, Crunchyroll is innovating how vertical content is consumed and monetized.

Feng brings years of cutting-edge and entrepreneurial experience from various video technology sectors to Crunchyroll. As CTO of Hulu, Feng helped to grow the company into the #2 U.S. video site in only three years, touting more than 43 million monthly unique viewers, 920 million monthly streams, 200 content providers and over 400 advertisers. Feng also was a Partner at Kleiner Perkins Caufield & Byers where he was an investor and served as the tech advisor to former Vice President Al Gore. In 2011, Feng founded Erly, a social networking platform funded by Kleiner Perkins, that focused on organizing and sharing personal content. Erly was acquired in 2012 by Airtime.

Feng joins other Silicon Valley luminaries on Crunchyroll's Advisory Board, including James Hong and Jim Young of HOTorNOT, Naval Ravikant of AngelList, David Chao of DCM, and Max Levchin of Slide and PayPal.

"I am honored to welcome Eric as an advisor," says Crunchyroll CEO and Founder Kun Gao. "Eric has contributed strategically and tactically to the success of many companies through his insight and leadership. That experience, combined with his unique understanding of streaming media and user experience, will be invaluable to Crunchyroll as we tackle the vision of bringing unique and differentiated channel content experiences to the masses."

"I am thrilled to join the Crunchyroll Advisory Board," said Eric Feng. "Crunchyroll has experienced impressive growth by delivering a world class service for its customers. We share a passion for transforming media with technology and I look forward to helping Crunchyroll continue on its ambitious mission."

About Crunchyroll, Inc.
Crunchyroll is a leading global video network and developer of social media applications for Japanese anime and Asian media. Through applications like Crunchyroll for iPhone, iPad, Android, Playstation®3, Xbox LIVE®, TV, set-top boxes, affiliate websites and its own streaming website, Crunchyroll delivers over 20,000 episodes and 10,000 hours of officially-licensed content from leading Asian media producers direct to consumers.

Crunchyroll has offices in San Francisco, Calif. and Tokyo, Japan, and is a member of the Association of Japanese Animations (AJA) and Licensing International Merchandisers' Association (LIMA). Officially launched in 2009, Crunchyroll is funded by leading venture capital firm, Venrock, Japanese entertainment giant TV TOKYO, digital publishing leader Bitway and a group of angel investors representing some of the brightest and most successful entrepreneurs in Silicon Valley. More information can be found at http://www.crunchyroll.com.

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