Docstoc Goes Live, Becomes YouTube for Professional Documents; Unlimited Resource for Free Legal and Business Documents Online community launches with contest, gives away an iPod Touch every week for the month of November; Site comes out of private beta with 12,000+ documents and 7,000 users BEVERLY HILLS, CA. --Oct. 30, 2007 --Docstoc.com has opened in public Beta, becoming the first online community providing a library of high quality professional documents, forms, templates, presentations, and spreadsheets. Users can find and share any document and organize and access their files with online storage for access anytime, anywhere. To get things kicked off, Docstoc will give away an Apple iPod Touch every week for the month of November to the user who uploads the most professional documents each week. User can check their status in real time, by going to the “docsters” page and clicking on “most uploads.” Similar to YouTube™ and Flickr™, Docstoc harnesses the power of user generated content (UGC) to provide a one-stop source for professional documents that can be shared freely, discovered quickly, and organized for easy access. Docstoc is the place to go for all content related to business, legal, technology, financial, educational, and creative work, as well as many other professional services industries. Docstoc makes it easy to find, share, and access any type of content. Users can easily search by categories or by keywords, filter search results by views, downloads, ratings and comments, preview the documents online, and download or store content in online personal file folders for free. Each user on Docstoc has a profile to facilitate sharing and conversations – social/professional networking is geared around content instead of just contacts. Professionals can receive immediate and objective feedback on the value of their documents and also forge potential business relationships and referral traffic. Docstoc integrates the most useful features of private online file storage with the ability to store, categorize, and share content found anywhere on the Web. Users can upload their files and mark them public or private, categorize docs in their own personalized directories, organize the files into folders, send documents to their online storage, and share with trusted contacts or the entire community. People can also request content, by keywords or categories, and have it delivered via email. Files can be added online through email attachments or bulk uploading. “Vast amounts of professional resources lie dormant and hidden away on each of our personal computers. Imagine if we all began to share that information with the world in an easily accessible, free environment,” observed Jason Lawrence Nazar, Docstoc Founder. About Docstoc.com Docstoc was founded by Jason Nazar in 2006 and has been in private beta and further development since November. Nazar recently graduated from the Pepperdine School of Law with his JD/MBA. He was a partner in Venature, LLC a venture consulting firm in Los Angeles. He is joined by Alon Shwartz, an experienced technologist who most recently headed up product development for a division of MySpace. The company’s recent Series A funding included, Scott Walchek the early stage VC in Baidu, Brett Brewer one of the co-founders of Intermix Media the parent company of MySpace, and Robin Richards the founding president of MP3.com.