Skype Names Madhu Yarlagadda as Chief Development Officer

LUXEMBOURG--(Business Wire)--
Skype today announced that it has hired Madhu Yarlagadda as the new Chief
Development Officer. Madhu brings 22 years of deep technical expertise to this
role. He will join Skype in July and report to Josh Silverman, Skype`s CEO.
Madhu`s responsibility will be global oversight of Skype`s engineering and
development initiatives. Dan Berg, the current CTO, will remain at the company
to manage a smooth transition.

"We are delighted that Madhu is joining the Skype management team. Skype touches
millions of people globally everyday and Madhu`s deep experience in building
massively scaled communications experiences is a perfect match for our
innovative culture." said Josh Silverman, Skype`s CEO. "I'd like to thank Dan
for his significant contributions in steering, scaling and strengthening our
global technology efforts."

Madhu joins Skype from Yahoo where he spent more than 11 years in key leadership
positions. Most recently, he was VP of Engineering for Integrated Customer
Experiences (ICE), with responsibility for leading its engineering efforts for
the many online Yahoo properties, including its worldwide home pages. Madhu was
also VP of Engineering for Yahoo! Communities, which encompassed Yahoo!
Messenger, Voice (VoIP), Video, Flickr and Yahoo! Groups. He was instrumental in
establishing Yahoo! Messenger as the largest messaging client in the US,
surpassing ICQ, AIM, MSN Messenger and Google Talk.

"I am excited to be joining Skype at this critical stage in the company`s
evolution," said Madhu Yarlagadda. "It will be a real privilege to build on the
many core strengths of the Skype`s global portfolio as the company continues to
deliver groundbreaking customer experiences on new platforms and devices."

Madhu began his Yahoo career as GM of Yahoo! Mobile, where under his leadership,
the business unit grew to being the most popular mobile destination across 18
countries. He also served as founder, president and CEO of MyQuest, Inc., a
real-time messaging company acquired by Yahoo in 1999. Earlier in his career,
Madhu was founder and CTO of ISSG, an enhanced telecommunications application
provider, where he was responsible for establishing successful relationships
with major telecommunications providers.

About Skype

Skype is software that enables the world`s conversations. Millions of
individuals and businesses use Skype to make free video and voice calls, send
instant messages and share files with other Skype users. Everyday, people
everywhere also use Skype to make low-cost calls to landlines and mobiles.
Download Skype to your computer or mobile phone at skype.com.

Access to a broadband Internet connection is required. Skype is not a
replacement for traditional telephone service and cannot be used for emergency
calling.

Skype, associated trademarks and logos and the "S" symbol are trademarks of
Skype Limited.

Skype
Brian O`Shaughnessy
+352 621 259 510
brian.osh@skype.net

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