Tuesday July 31, 2:22 pm ET

SAN FRANCISCO, CA–(MARKET WIRE)–Jul 31, 2007 — MyNewPlace, a leader in the online marketplace for apartment rentals, announced today that Elizabeth Isaacs has joined their team as Regional Account Manager, supporting the Midwest.Bringing over 10 years' sales and marketing experience within the business systems and multifamily industries, Ms. Isaacs spent five years at the Apartment Guide in Chicago holding various roles including the position of publisher. During her tenure she grew the book to over $4MM in annual revenue.

"I'm excited to have Elizabeth on the team," commented Mandy Cann, VP Sales for MyNewPlace, "and feel confident she will continue to cost-effectively grow the occupancy for both current and future MyNewPlace clients."

About MyNewPlace

MyNewPlace (http://www.mynewplace.com) is creating the largest and easiest-to-use online marketplace for apartment rentals, connecting renters and owners of all types of properties. When renters find their new place on MyNewPlace and move in, participating properties offer a rebate. Property owners get a no-risk, performance-based solution for filling their vacancies: They do not pay for advertising; instead, they pay for leases. Headquartered in San Francisco, CA, MyNewPlace was founded in 2005 by John Helm, the founding CEO of AllApartments/SpringStreet, which became the number one apartment rental and relocation site on the Internet before its sale to Homestore in 1999. For more information, visit http://www.mynewplace.com.