PropertyShark.com Appoints Bill Staniford as New CEO: Site Usage, new Registered Users and Subscribers Surge Higher in the First Quarter of 2008

New York City, April 29th, 2008 – PropertyShark.com, the premier real estate data website, today named Bill Staniford, the former Vice President of Sales, to the position of Chief Executive Officer.

“Bill has a proven background as an exceptional business leader and sales professional,” stated Matthew Haines, Founder and Chairman of PropertyShark.com. “Revenue and usage have tripled since Bill joined the team and it seems that our momentum is just beginning, having completed our strongest quarter ever in what is supposed to be a difficult time in the real estate industry.”

Bill joined PropertyShark.com in 2006 as the Vice President of Sales with prior experience as a Director for Kaplan, Inc., Founder and CEO of Mozaic Design and Décor, and as a U.S. Marine. Bill has a B.A. from the University of Texas and an M.B.A. from the Leeds School of Business at the University of Colorado. Bill’s transition to the CEO role had been planned for a while.

“I have a lot of experience in executive roles, whether it’s starting my own business or running one for a much larger company, so this position feels like a great fit for me,” said Mr. Staniford. “Interestingly, as a Marine I spent a lot of time gathering, analyzing, and disseminating information. We do the same thing here at PropertyShark.com, it’s just real estate information instead of military intelligence.”

In his first moves as CEO, Bill has focused on four new business lines to complement the successful PropertyShark.com website:

• Corporate Groups, to enable companies to purchase PropertyShark.com services for their employees
• PropertyShark University, to educate, license and train real estate professionals through innovative continuing education classes
• Advertising, to help real estate professionals reach out to our dynamic and expanding user base
• Data Services, to assist real estate professionals and other data consumers find solutions in our massive real estate database.

The core PropertyShark.com business will continue to be based on aggregating thousands of data sources to provide comprehensive Property Reports for every property in a county, Comparable Sales search to help users assess a property’s market value, Foreclosure and Pre-Foreclosure Listings, Owner Phone Numbers, Interactive Maps, Mailing Lists, and Building Photos. Free basic accounts and professional subscriptions are available at www.PropertyShark.com.

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With over 20 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, homes for sale,  apartments for sale, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com