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Global Database and Media Firm WorthPoint Moves Headquarters to Atlanta

Thu Mar 6, 2008 2:39pm EST
ATLANTA--(Business Wire)--
WorthPoint Corporation, a global database and media company for
the $150 billion collectibles market, announced Thursday that it is
moving its headquarters staff, media content and sales operations from
Northern Virginia to the Advanced Technology Development Center (ATDC)
on the campus of Georgia Tech in Atlanta.

   WorthPoint Founder and CEO Will Seippel said that the company will
continue to base its technology product and operations staff in
Northern Virginia. The company has personnel in cities across the
United States, as well as in China, Argentina, the Netherlands and the
Philippines.

   Founded in April 2007, WorthPoint's web site (www.worthpoint.com)
catalogues and tracks the sales history and current value of antiques
and collectibles from around the world and makes this information
available to everyone.

   "ATDC welcomes WorthPoint to Atlanta's community of innovative,
early-stage technology companies," said Charles Ross, acting general
manager of the ATDC. "We look forward to working with WorthPoint as
the company continues to grow its unique business."

   "We're excited to be accepted as members of the Georgia Tech
community," said WorthPoint's Seippel. "The Advanced Technology
Development Center is recognized as one of the nation's top business
incubators and it is extremely difficult to be accepted and speaks to
the progress we have made. We'll be joining more than 30 exciting
technology companies at the ATDC."

   "Georgia Tech has helped make Atlanta the technology capital of
the Southeast," Seippel said. "The metropolitan area is progressive,
affluent, home to a young, educated, tech-savvy workforce and is an
active player the global economy, with growing to ties to Europe,
South America and Asia. One sign of Atlanta's increasing importance as
a New Media and global technology center is the move by India's Wipro
Technologies, the global IT services business of Wipro Ltd., to open
its new global software development center in Atlanta. Another is the
financial incentives provided to New Media companies."

   "These were all factors in moving our headquarters and media
content and sales to Atlanta from Northern Virginia. WorthPoint will
continue to grow rapidly, adding professional staff in Atlanta,
building traffic to our Web site and adding new and exciting features,
and securing our position as the top Web site for collectors the world
over."

   About WorthPoint Corporation

   WorthPoint Corporation, founded in 2007, is a database and media
company for the $150 billion global collectibles industry. WorthPoint
catalogues and tracks the sales history and current value of antiques
and collectibles from around the world, and makes this information
available to everyone. The site features a library of information
called the "Worthopedia"; a team of experts in a wide range of
antiques and collectibles called "Worthologists"; online communities,
and news of upcoming auctions and events. WorthPoint has forged
business partnerships with the School of Management at George Mason
University in Fairfax, Virginia, and the Advanced Technology
Development Center at the Georgia Institute of Technology (Georgia
Tech) in Atlanta. For more information, please visit
www.worthpoint.com.

   About the ATDC:

   The Advanced Technology Development Center is a
nationally-recognized science and technology incubator that helps
Georgia entrepreneurs launch and build successful companies. ATDC
provides strategic business advice and connects its member companies
to the people and resources they need to succeed. More than 110
companies have emerged from the ATDC. Headquartered at Technology
Square on the Georgia Tech campus in Atlanta, ATDC is part of Georgia
Tech's Enterprise Innovation Institute. ATDC companies have attracted
more than a billion dollars in venture capital funding. For more
information, please visit www.atdc.org.

WorthPoint Corporation
Stephen Johnson, 703-547-6754
E-mail: steve.johnson@worthpoint.com
or
Advanced Technology Development Center (ATDC)
John Toon, 404-894-6986
E-mail: john.toon@innovate.gatech.edu

Copyright Business Wire 2008



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