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StarCite Adds New Executive Chairman and Leadership for European Operations

(Forimmediaterelease.net) June 12, 2007 – StarCite, the leading provider of On Demand Global Meeting Solutions™, announced today that Randy Christofferson and Pieter Rieder have joined the Company as Executive Chairman and Senior Vice President of Europe, the Middle East and Africa (EMEA), respectively. Both executives will provide expert management and leadership for StarCite as it continues to expand and grow its brand worldwide.

“As StarCite continues to experience faster growth amidst expanding corporate interest in strategic meeting management, we are thrilled to add two seasoned executives who will help pilot our expansion within the U.S. and internationally,” said Michael Boult, StarCite President and Chief Executive Officer. “Randy’s extensive leadership experience transforming organizations and guiding corporate growth will be instrumental as we plot a course for StarCite’s continued success. In the EMEA region, Pieter’s strong background in international business travel will further our commitment to provide the most advanced technologies for meeting management to customers worldwide.”

In his role as Senior Vice President, EMEA, Pieter Rieder will manage StarCite’s expanding European operations team and client base and will lead StarCite’s strategic growth, sales and partnerships in Europe. Before joining StarCite, Pieter was Vice President/General Manager, Business Development, for American Express Business Travel Europe, where he was responsible for the regional sales function, multinational sales and relationship management alignment, and sales effectiveness support functions. In this position, he redesigned the sales process, improved efficiency and significantly enhanced growth. Before this, he held several senior positions with Rosenbluth International, including Vice President, International Development, responsible for all locations outside the U.S. and Western Europe, where he led EMEA strategic new business initiatives and development from Rosenbluth’s European headquarters in London. Pieter is based in London with his wife and two children.

As Executive Chairman, Randy Christofferson will oversee StarCite’s Board of Directors and play an integral role in setting the Company’s strategic direction. He currently serves in leadership positions at several firms that provide venture capital, business process outsourcing and Internet-based retail services, including MIOGA Ventures, LLC, IntelliRisk Management Corporation and FineStationery.com. Prior to joining these ventures, Randy was Chief Executive Officer of Walker Digital, an Internet business method invention and commercialization laboratory that is best known for creating Priceline.com. Randy also served as President, First USA, the largest Visa issuer in the world, and was a senior executive at American Express Company serving as President, Relationship Services and other leadership positions. Before American Express, Randy was a Partner at the global strategy consulting firm, Bain & Company. Randy resides in Greenville, Delaware with his wife and four children.


About StarCite

StarCite® is the leading provider of On Demand Global Meeting Solutions™. StarCite optimizes global investments in corporate meetings and events, delivering visibility, savings and control. StarCite provides process efficiency, enabling technology and proven adoption management support to drive significant cost reduction to buyers and enhanced revenues to suppliers. StarCite headquarters are based in Philadelphia, USA; the European headquarters are located in Düsseldorf, Germany. StarCite’s equity holders include Internet Capital Group (NASDAQ: ICGE), TPG Growth, Norwest Venture Partners (NVP), TL Ventures and Seaport Capital. For more information about StarCite or its technologies and services, please visit www.starcite.com .

Media contact for EMEA:
Blanka Michalski
Marketing Communication Manager
+49 211 5421 3655
bmichalski@starcite.com

Media Contact for USA:
Kristen Georgian
Sloane & Company
+1 212-446-1877
kgeorgian@sloanepr.com

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