SOURCE: myPhotopipe.com, Inc.

myPhotopipe.com, Inc.

February 24, 2010 16:30 ET

John V. Budraitis, Former Kodak Executive, Joins myPhotopipe.com as Director of Sales

Budraitis to Spearhead Company's Entry Into $1 Billion-Plus Event Photography Market

ATLANTA, GA--(Marketwire - February 24, 2010) -  myPhotopipe.com, Inc. (PINKSHEETS: MPPC), a web-based online provider of digital photo processing, photo finishing, photo-sharing, and related services, today announced the addition of John Budraitis, a former Kodak executive with 23 years of professional photography industry experience, to its management team as Director of Sales. 

After years in various regional Kodak offices, including a seven-year stint in pro-product management at Kodak's corporate headquarters in Rochester, New York, Mr. Budraitis was most recently an executive in that company's Professional Imaging Systems business unit. A graduate of the Rochester Institute of Technology, Mr. Budraitis brings to myPhotopipe.com an impressive track record of technological and sales experience.

"We were looking for the right person to lead our entry into the billion-dollar-plus event photography market, which includes prints and packages for schools, sports teams, day care networks, and other markets with high-volume requirements," stated myPhotopipe Chief Operating Officer Darren Schiff. "Our search led us to John Budraitis. He is the perfect person to lead our effort, has deep industry technological expertise, and has built upon his experience to develop innovative tools for the event photography market." 

"Since event photography has gone totally digital, it now requires tools that quickly move images from a camera to the processor and back for delivery to the client," continued Schiff. "This involves technology that we have, and our tools are proprietary. John's career experience will allow us to jump-start our initiatives in this specialized market segment." 

"Not only does John Budraitis bring us leadership in the school portrait and sports photography markets, but he will also be able to introduce us to a substantial group of new potential customers," observed EVP of Sales Bill Jones, another Kodak veteran.

"I am extremely excited to join Bill and Darren on the myPhotopipe sales team and look forward to the challenge of leading these major market initiatives for a technologically sophisticated company," said Budraitis. 

"The NFL Draft has nothing on us, as we continue to recruit the best and brightest to the myPhotopipe team," said Chief Executive Officer Bob Quick, "With John Budraitis' unique combination of technological expertise and market savvy, he is a game changer for the myPhotopipe organization." 

About myPhotopipe.com, Inc.

myPhotopipe.com, Inc. is a web-based online provider of digital photo processing, photo finishing, photo-sharing, and related services. The Company's unique blend of 1000 print options, combined with manual print inspections and professional color management, have positioned myPhotopipe.com as one of the fastest-growing providers of digital photography services for professionals and serious amateurs.

The Company is headquartered in Atlanta, Georgia, and its common stock is listed on the OTC Pink Sheets under the symbol "MPPC". Additional information is available on the Internet at www.myPhotopipe.com.

"Safe Harbor" Statement

This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, and is subject to the safe harbor created by those sections. The forward-looking information is based upon current information and expectations regarding myPhotopipe.com, Inc. These estimates and statements speak only as of the date on which they are made, are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecasted in such forward-looking statements.

myPhotopipe.com, Inc. assumes no obligation to update the information contained in this press release. myPhotopipe.com, Inc.'s forward-looking statements in this press release and future results may be materially impacted by any number of factors, any or all of which could have a negative impact on sales, operating results, financial and budgetary constraints. The statements made herein are independent statements of myPhotopipe.com, Inc. The inclusion, if any, of any third parties does not represent an endorsement of any myPhotopipe.com, Inc. products or services by any such third party.

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