SOURCE: MyNewPlace

August 09, 2007 19:26 ET

Mark Moran Joins MyNewPlace

SAN FRANCISCO, CA--(Marketwire - August 9, 2007) - MyNewPlace, the Web's fastest growing apartment classifieds site according to Compete, Inc., announced today that Mark Moran has joined their organization as Vice President of Business Development.

Moran brings over a decade of line management and business development experience at consumer Internet companies. He was previously at Riya, Inc. where he built over 400 merchant and partner relationships for the company's Like.com shopping portal. At MyNewPlace (www.mynewplace.com), he will be responsible for traffic and revenue partnerships and advertising sales.

"Mark brings extensive domain and functional expertise and will play a critical role in ramping site growth and revenues. We are very happy to have him on board," commented John Helm, CEO for MyNewPlace. Moran has also held executive positions with Tribal Fusion, Wells Fargo Bank and Owners.com.

About MyNewPlace

MyNewPlace (http://www.mynewplace.com) is creating the largest and easiest-to-use online marketplace for apartment 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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