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

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Tue Jun 16, 2009 9:00am EDT

Appointment Follows SmartZip Investment from Javelin Venture Partners
PLEASANTON, Calif.--(Business Wire)--
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 online 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. The Company is a privately held, venture backed corporation
headquartered in Pleasanton, California. SmartZip will be launching its public
beta site in a few weeks -- visit www.smartzip.com to sign up. 

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. 

SmartZip is a trademark of SmartZip, Inc. 



SmartZip, Inc.
Saman Dias, 925-218-1933
Saman@smartzip.com
or
Sparkpr for SmartZip, Inc.
Clarissa Horowitz, 415-321-1881
clarissa@sparkpr.com



Copyright Business Wire 2009

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