Memeo(R) Expands Executive Team With New President

Market Wire, May, 2009

Memeo Inc., a leader in digital media management services for the home and business, today announced George Northup has been appointed president. Northup brings nearly 30 years of executive experience helping build companies in the e-commerce and software sectors. George will be based in San Jose and will focus on scaling operations for Memeo as the company continues to experience rapid growth.

Prior to joining Memeo, Northup was president and CEO at AuctionDrop, Inc., During his career, Northup has been involved in the building of four companies with cumulative revenues in excess of $1 billion. He has held a variety of executive positions at companies including, LiveCapital, Inc., Online Resources Corporation, Inc., Intellicall, Inc. and SMS Data Products Group, Inc.

"George's strong background in building mid-stage companies and overseeing successful exit strategies comes at a perfect time for our rapidly expanding business," said Hong Bui, Memeo founder and CEO. "We are excited to have George on board as our customer base is growing rapidly, our revenue model is robust and we have a very strong foundation of partners who see value in our products. We're looking forward to his contributions as we continue with a very strong 2009."

This appointment follows Memeo's record growth and revenues during 2008, having shipped more than 20 million licenses of Memeo Backup, AutoSync and Share across 150 countries and in 10 languages.

"As other companies in the technology space continue to struggle through the current economy, I believe that Memeo has the technology and talent to succeed," said George Northup, president at Memeo. "I'm excited to be joining Memeo during this stage of its growth."

For more information on Memeo and its backup, sync and sharing offerings, please visit www.memeo.com .

About Memeo

Memeo Inc., with offices in Aliso Viejo and San Jose, CA, is a privately-held software company backed by venture firm G51 Capital and Foundry Group. It is focused on helping consumers and businesses share, manage and protect their digital lives. The company was founded in 2003 in an effort to ease the rapid transition towards an entirely digital world. Memeo's products give consumers and businesses alike a better way of protecting, managing and sharing digital, portable files, making them universally accessible. For more information on Memeo and its products, please visit www.memeo.com .

Memeo Inc. trademark statements. Memeo, Sharing Circles(TM), Backup, LifeAgent and Zero-Touch are trademarks of Memeo. All other trademarks mentioned herein are the property of their respective owners.

Contacts: Kourtney Schepman / Noah Dye LEWIS PR for Memeo 310-407-5186 Email Contact