On-Line Real Estate Veteran Jed Katz Joins SmartZip Board of Directors

Pleasanton, CA, June 16, 2009 --(PR.com)-- SmartZip, Inc., a provider of independent ratings and research for real estate investment, today announced the appointment of on-line real estate veteran Jed Katz to its Board of Directors. Katz is the managing director at Javelin Venture Partners which recently invested in SmartZip.

“Jed Katz is a true pioneer of Internet commerce and on-line real estate, having founded both Rent Net and Move.com, two of the first websites to make home-hunting much more efficient and informative," said Tom Glassanos, SmartZip, Inc. president and CEO. "We are delighted to have the benefit of his seasoned experience and judgment on our Board of Directors.”

Katz has spent his career developing, advising and investing in early stage technology ventures. Recently, he also served on the Technology, Telecom & Media advisory group for President Barack Obama's campaign. Prior to joining Javelin Venture Partners, Katz was a managing director of DFJ Gotham Ventures, an early-stage venture capital firm based in New York.

Katz launched his Internet career in 1994 with the creation of Rent Net, the first online rental and relocation guide. Rent Net fundamentally changed the way people searched for apartments and the way property managers across the country marketed their vacancies. The first comprehensive site to offer photos, floor plans, virtual walk-throughs and advanced searching tools, Rent Net achieved 95 percent market penetration and became one of the first profitable Internet companies. It was acquired by Cendant, and three years later, Katz used its infrastructure as the starting point for Move.com, a leading online real estate site that was later acquired by Homestore and remains one of today's most visited real estate sites. He holds a B.A. in business economics from UCLA and an M.B.A. from the Haas School of Business at the University of California Berkeley.

"SmartZip is well positioned to dramatically improve the way people find, evaluate and manage their real estate investments, and I'm very excited to join its Board of Directors," said Katz. "Investors in residential real estate need much more than just online listings and search tools. SmartZip's vision of independent, analytics-based property ratings will result in better informed investment decisions."

About SmartZip, Inc.

SmartZip is developing the first independent, analytics-based ratings and research for real estate investment. The Company's products will be used by investors and homebuyers to easily rate, compare and confirm the best places and properties to buy. SmartZip is a privately held, venture backed corporation headquartered in Pleasanton, Calif.

SmartZip is a trademark of SmartZip, Inc.

About Javelin Venture Partners

Javelin Venture Partners is an early stage venture capital firm specializing in technology based start-ups that leverage key innovations to create scalable, high-growth companies. The firm's investment professionals are proven new technology entrepreneurs with the ability to identify exceptional businesses and management teams, and help them achieve great success. Based in San Francisco, CA, Javelin Venture Partners operates with the culture of a start-up and with an emphasis on being a true partner to entrepreneurs. For more information, visit www.javelinvp.com.

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