MyNewPlace Expands Management Team

SAN FRANCISCO, May 10, 2011 - MyNewPlace, one of the multifamily industry’s leading Internet Listing Services (ILS), today announced four executive promotions in response to the company’s growth and broadening product vision.

Steven Pollock has assumed an expanded role as senior vice president of products and is now broadly responsible for product strategy, development and management. Specific functions reporting to Steven include Product Marketing, Product Development, and Technology Operations.

Mark Moran has been promoted to senior vice president of consumer marketing and business development and has overall leadership of the consumer portion of MyNewPlace business, including marketing and advertising, revenue generation and strategic partnerships.

The company also named Stephen Ripley to the new position of vice president of software engineering.  Christopher Eastwood has been promoted to the position of director, release management and quality assurance.

“Mark and Steve have distinguished themselves through a strong commitment to leadership, and building and delivering listing products and marketing tools that have elevated the MyNewPlace brand,” said John Helm, CEO and co-founder of MyNewPlace. “Everyone promoted today is creating products that clearly differentiate us from competitors and has the passion to consistently inspire their teams, which is vital to the continued success of our business.”

About MyNewPlace

MyNewPlace is one of the largest apartment and home rentals Web sites in the U.S. The company offers apartment owners and managers a great source of qualified, prospective residents through a range of listing products and marketing tools including RentEngine products.  MyNewPlace delivers free access (via web, mobile web or iPhone/iPod Touch) to rich property information, including photo galleries, videos, neighborhood information. Headquartered in San Francisco, MyNewPlace was founded in 2005 by John Helm.  For more information about MyNewPlace, please visit www.mynewplace.com.

MyNewPlace and RentEngine are registered trademarks of Multifamily Technology Solutions, Inc.  Other trademarks are the property of their respective owners.