Memeo(R) Expands Executive Team With New President

ALISO VIEJO, CA, May 27 (MARKET WIRE) --
Memeo Inc., a leader in digital media management services for the home
and business, today announced George Northup has been appointed
president. Northup brings nearly 30 years of executive experience helping
build companies in the e-commerce and software sectors. George will be
based in San Jose and will focus on scaling operations for Memeo as the
company continues to experience rapid growth.

Prior to joining Memeo, Northup was president and CEO at AuctionDrop,
Inc., During his career, Northup has been involved in the building of four
companies with cumulative revenues in excess of $1 billion. He has held a
variety of executive positions at companies including, LiveCapital, Inc.,
Online Resources Corporation, Inc., Intellicall, Inc. and SMS Data
Products Group, Inc.

"George's strong background in building mid-stage companies and overseeing
successful exit strategies comes at a perfect time for our rapidly
expanding business," said Hong Bui, Memeo founder and CEO. "We are excited
to have George on board as our customer base is growing rapidly, our
revenue model is robust and we have a very strong foundation of partners
who see value in our products. We're looking forward to his contributions
as we continue with a very strong 2009."

This appointment follows Memeo's record growth and revenues during 2008,
having shipped more than 20 million licenses of Memeo Backup, AutoSync and
Share across 150 countries and in 10 languages.

"As other companies in the technology space continue to struggle through
the current economy, I believe that Memeo has the technology and talent to
succeed," said George Northup, president at Memeo. "I'm excited to be
joining Memeo during this stage of its growth."

For more information on Memeo and its backup, sync and sharing offerings,
please visit www.memeo.com.

About Memeo

Memeo Inc., with offices in Aliso Viejo and San Jose, CA, is a
privately-held software company backed by venture firm G51 Capital and
Foundry Group. It is focused on helping consumers and businesses share,
manage and protect their digital lives. The company was founded in 2003 in
an effort to ease the rapid transition towards an entirely digital world.
Memeo's products give consumers and businesses alike a better way of
protecting, managing and sharing digital, portable files, making them
universally accessible. For more information on Memeo and its products,
please visit www.memeo.com.

Memeo Inc. trademark statements. Memeo, Sharing Circles(TM), Backup,
LifeAgent and Zero-Touch are trademarks of Memeo. All other trademarks
mentioned herein are the property of their respective owners.

Contacts:
Kourtney Schepman / Noah Dye
LEWIS PR for Memeo
310-407-5186
Email Contact

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