SOURCE: MyNewPlace

September 28, 2007 15:00 ET

MyNewPlace CEO John Helm Named in 100 Most Influential by Inman News

SAN FRANCISCO, CA--(Marketwire - September 28, 2007) - MyNewPlace (http://www.mynewplace.com), the Web's fastest growing apartment classifieds site according to Compete, Inc., announced today that CEO John Helm has been named in the Inman News 100 Most Influential Real Estate Leaders for 2007, a list of the best, brightest and most influential in real estate.

Heading up MyNewPlace, which was recently named by BusinessWeek as Best of the Web, Helm returned to the apartment-search space after seeing new opportunities to integrate emerging technologies. The site, www.mynewplace.com, is built on the latest Web 2.0 and map-based search technology and hosts such features as location-based search and the ability for property management companies to offer More Cash Back. The standard cash back amount for the industry is $100 but with MyNewPlace the rebate amount can be as much as $2,500.

"I'm honored to be included in this list and excited about the opportunities ahead for MyNewPlace," commented Helm. "We have a great team in place to support our clients and their needs. I feel confident we will meet the ever-increasing demands of the industry."

About MyNewPlace

MyNewPlace (http://www.mynewplace.com) is creating the largest and easiest-to-use online marketplace for apartment and home rentals, connecting renters and owners of all types of properties. When renters find their new place on MyNewPlace and move in, participating properties offer a rebate. Property owners get a no-risk, performance-based solution for filling their vacancies: They do not pay for advertising; instead, they pay for leases. Headquartered in San Francisco, CA, MyNewPlace was founded in 2005 by John Helm, the founding CEO of AllApartments/SpringStreet, which became the number one apartment rental and relocation site on the Internet before its sale to Homestore in 1999. For more information, visit http://www.mynewplace.com.

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