CoreNet Global Announces Appointment of Ron Zappile as Interim Chief Executive Officer

CoreNet Global Announces Appointment of Ron Zappile as Interim Chief Executive
Officer

ATLANTA, Oct. 8 /PRNewswire/ -- CoreNet Global today announced the appointment
of Ronald P. Zappile as interim Chief Executive Officer.

"I am delighted to confirm that Ron Zappile has agreed to join CoreNet Global
as Interim CEO," commented CoreNet Global Chairman Barry Varcoe.

Varcoe indicated Zappile was chosen to fill the interim role due to his
senior-leader status in the corporate real estate (CRE) industry, as well as
his extensive contributions to the leadership of CoreNet Global.

Zappile was formerly President of United Technologies Realty, Inc. He retired
from the position in February 2009 after almost nine years of overseeing the
company's worldwide real estate operations and was selected to replace Dr.
Prentice Knight, who announced his retirement as CoreNet Global CEO on 23
September 2009.

"Ron has an in-depth knowledge of CoreNet, having only recently rotated off
the Global Board of Directors following a three-year term as CoreNet Global's
Treasurer," Varcoe said, adding that Zappile's professional career also
included serving as Treasurer of Otis Elevator's Pacific Asia Operations, a
division of United Technologies, while based in Singapore.

In addition, Varcoe continued, "Ron is still a member of the CoreNet Global
Finance Committee so he has a very current knowledge of the issues and
challenges facing us. Ron will focus on maintaining the full program of
activities that we are currently undertaking, as well as assisting the Global
Board in the selection process of a new CEO. It is anticipated that this will
be completed in approximately six months."

Zappile commented that the combination of his executive leadership role inside
the corporate sector with his service as an officer and member of the board of
CoreNet Global provides him with a broad understanding of the association's
membership base and the future direction of both CoreNet Global and the CRE
industry in general.

"I'm pleased to be able to apply my business experience, knowledge and
contacts at a pivotal moment for CoreNet Global," Zappile said. "I'm grateful
for current and past opportunities to contribute to our industry and
profession in a meaningful way, and this interim assignment takes that
opportunity to a whole new level."

CoreNet Global is the world's leading professional association for the
corporate real estate industry representing nearly 6,500 members based in 55
chapters in major cities worldwide.

For more information, please visit www.corenetglobal.org.

SOURCE CoreNet Global

Richard Kadzis of CoreNet Global, +1-404-589-3240