bidEup Chairman Richard Schroth Named One of Top 25 Consultants in the World

BETHESDA, Md., June 6 /PRNewswire/ -- bidEup, the first online marketplace
for legally binding real estate transactions, announced today that Dr. Richard
Schroth, Chairman of its Advisory Board, has been named one of the Top 25
Consultants in the World for 2008 by Consulting Magazine. For the full Top 25
list, visit
http://www.consultingmag.com/categories/Rankings/Top-25-Consultants/
Schroth is one of the world's top independent thought leaders on
technology and corporate innovation, with a unique focus on the strategic
potential of reinvigorated IT initiatives. He has recently been named a
Senior Fulbright Scholar in Information Sciences by the U.S. State Department
and its Center for the International Exchange of Scholars.
David McNairy, CEO of bidEup, said, "We're very proud to have Dr. Schroth
on our team. His strategic insight and guidance has been incredibly valuable
to us during our launch, and in planning for the future."
In addition to the Top 25 Consultants achievement, Dr. Schroth's
prestigious background also includes being named one of the Top 10 Chief
Technology Officers by Aspatore Press for the last 5 years and a U.S. State
Department Fulbright Senior Scholar in Information Sciences. Schroth,
President and CEO of Executive Insights, is the former Chief Technology
Officer of Perot Systems, Executive Vice President of Computer Science
Corporation (CSC) and Chief Technology Officer with the Marriott Corporation.
"Richard Schroth has been a perennial thought leader in technology strategy
for more than 25 years," says James Champy, chairman of consulting at Perot
Systems Corporation and co-author of the book that revolutionized business,
"Reengineering the Corporation."
About bidEup, Dr. Schroth said, "bidEup is creating the 'American Dream
2.0' for the U.S. housing industry by enabling legally binding transactions to
be conducted on the web. This new method of transacting business in the real
estate industry is the way homes and other real estate will be securely and
confidently sold in the future. It removes billions of dollars of cost from
the system and creates a new form of a secured liquid market at the same time.
Given the current housing market downturn, bidEup is one of the only true
entrepreneurial responses that can actually help lead us out of this crisis.
Utilizing legally binding forms of sale as the new standard for Internet
commerce is revolutionary. I believe that this initiative demonstrates and
makes real one of the most powerful shifts in the way commerce will be
conducted on the Internet."
bidEup recently launched its propriety patent-pending system that provides
an online sale platform and is the first secured website that authenticates
users, creates electronic signatures and allows real estate contracts to be
executed digitally. This combination provides an efficient marketplace where
real estate professionals representing buyers and sellers can conduct
transactions online with the advantages and legal protections typical to
traditional offline transactions.
About Dr. Richard Schroth
One of the world's most sought-after strategists, visionaries, executive
coaches and presenters on the application of emerging technologies, Dr.
Schroth works with an elite team of world-renowned business and technology
leaders who are developing strategies and approaches necessary to prosper in
the information age. He has served as personal advisor to the C-suite of
global corporations including a majority of the Fortune 50 companies. Former
Senior Fellow of the Wharton School, member of the AT&T Executive Faculty and
Duke Corporate Education's Global Learning Resource Network, Dr. Schroth is
currently an Executive - In - Residence at American University's Kogod School
of Business and is a Distinguished Visiting Professor at the National
University of Ireland in Galway. He is co-author of the 2002 best-selling
book, "How Companies Lie" and is a professional speaker with the Leigh
Speakers Bureau, focusing on information and corporate security issues.
About bidEup
Located in Bethesda, Maryland, and founded by real estate attorney David
McNairy, bidEup, Inc.'s patent-pending technology is the world's first legally
binding online real estate marketplace. For more information, visit
http://www.bideup.com.
Media Contact:

Ellie Whims
Aduro, LLC
301-696-0318
ellie.whims@theadurogroup.com

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SOURCE bidEup, Inc.

Ellie Whims of Aduro, LLC for bidEup, Inc., +1-301-696-0318,
ellie.whims@theadurogroup.com