Released on: February 7, 2008, 6:24 am

Press Release Author: dsharma@kindo.com

Industry: Internet & Online

Press Release Summary: Ambient Sound Investment (ASI) Joins a Group of High-Profile
Investors in Seed Funding the International Family Network Kindo


Press Release Body: LONDON -February 7, 2008- Kindo today announced funding from
Ambient Sound Investments (ASI), adding experience to an already impressive list of
seed investors. The Estonian investment company will provide financial and advisory
support for the fast-growing family network, and will help to grow Kindo\'s global
footprint.

ASI joins a strong team of seed investors including Saul and Robin Klein of The
Accelerator Group (TAG), and Stefan Glänzer, first investor in last.fm and executive
chairman until the acquisition by CBS.

\"I\'m thrilled to have such an experienced group of investors to help with our
international expansion, and the team behind ASI has a stellar track record in
building global technology brands\" says Nils Hammar co-founder of Kindo Network Ltd.
Their website Kindo.com offers the next generation family tree, with new
communication features, insightful stats and a family news feed in 14 languages
including Russian, Arabic and Chinese.

The investment was led by Eileen Broch for ASI, who is impressed by what she has
seen so far: \"In the short time since they\'ve been live, Kindo has proven that they
know how to build a product that can be embraced by young and old alike. It is
already loved by families around the world, which is what appealed to us the most.\"

Companies such as Facebook and LinkedIn have proven that social networks are useful
tools to stay in touch with friends and colleagues. Kindo gives families the
opportunity to benefit from the same emerging web technologies.

ABOUT KINDO

Founded in 2007, London-based Kindo is an internationally focused web-based family
networking platform that spans generations. On Kindo, users can build their free
next generation family tree and stay in touch with their loved ones. Kindo is
available in 14 languages: Afrikaans, Arabic, simplified and traditional Chinese,
English, French, German, Italian, Polish, Portuguese, Russian, Spanish, Swedish and
Turkish.

Web Site: http://www.kindo.com

Contact Details: http://kindo.com

PRESS CONTACT: Mario Ruckh, +44 7726 454833, mario@kindo.com,
http://kindo.com/blog/press/en