October 7, 2008

ShareThis Appoints Industry Veterans From PayPal and Fortune/Money Group to Board of Directors

ShareThis, the sharing network that makes it simple and easy to share any online content, appointed Michael Fisher, a veteran software and technology executive with extensive experience in both Fortune 500 and startup companies and Vivek Shah, President of the Fortune/Money Group with expert insight into the digital publishing industry to the ShareThis Board of Directors.

"We're excited to have two established industry veterans, Michael and Vivek join our Board of Directors to continue advancing the vision we have for ShareThis," said Tim Schigel, CEO of ShareThis. "Michael and Vivek bring a unique set of experiences and insight into both online platform development and digital publishing to our quickly expanding company."

Fisher's experience includes two years as the Chief Technology Officer of Quigo, a startup internet advertising company that was acquired by AOL in 2007 where he also served as Quigo's President for a transition period post acquisition. Prior to Quigo, Michael served as Vice President of Engineering & Architecture for PayPal, Inc. an eBay company, where he was responsible for the development organization of over 200 engineers. Fisher also spent seven years at General Electric helping to develop the company's technology strategy and processes.

Shah is currently the President of the Fortune/Money Group where he oversees the world's leading business and finance magazines - Fortune, Money and Fortune Small Business - as well as the Web's largest vertical business site, CNNMoney.com. Shah formerly served as president of digital publishing for the group, building CNNMoney.com into a site with more than 25 million unique visitors per month.

ShareThis allows media to become truly social, with the click of just one button. The second you discover something, you can immediately share it in any way you want. No more cutting and pasting paragraphs or links. With ShareThis, simply select who you want to share with and send it directly from the page via email, IM, Facebook, or mobile. ShareThis also brings together all your address books, communities, and friends lists in one place so that you can easily send, post, bookmark, rate, recommend and tag.

ShareThis is a distributed network that uses the popular ShareThis button that can be deployed on any site to drive traffic, stimulate viral activity, and track the sharing of content. ShareThis also simplifies social media services by reducing clutter on web pages, and providing instant distribution of content across social networks, affiliate groups, and communities. ShareThis will be announcing major partnerships with leading publishers, blogs, and content providers over the coming weeks.

About ShareThis

ShareThis lets people easily share the things they find online, in the most convenient way possible. ShareThis consolidates address books and friend lists, so that anything can be shared immediately, without even leaving a webpage.

ShareThis's veteran management team comprises industry leaders with experience gained from leading companies within international media, marketing and technology companies including: Advertising.com Amazon, AOL, IAC, Nieslen and Yahoo. Tim Schigel, the co-founder & CEO, spent nearly 10 years at Blue Chip Venture Company, investing in companies such as Advertising.com, @plan, CCBN, MarketWire, Nielsen Buzzmetrics and Third Screen Media. Visit www.sharethis.com for more information.