Peerset

Press


Toronto, November 11, 2008

Ontogenix rebrands as Peerset and Appoints Chetan Mathur as Interim CEO, Greg Keegstra as Vice President of Business Development and Jordan Banks as a Member of the Board of Directors

TORONTO, ONTARIO - (November 11, 2008) – Ontogenix (now Peerset), a leading provider of social ad targeting technology, announced today the appointments of Chetan Mathur as interim CEO, Greg Keegstra as Vice President of Business Development and Jordan Banks to the Board of Directors. Chetan will be taking on the strategic operations of Peerset and will maintain his role as Chairman of the Board.

“With increased business traction and as we prepare to raise a second round of funding, we are very excited to make these additions to our team,” said Amit Kanigsberg, CTO and co-founder of Peerset. “With Chetan’s, Greg’s and Jordan’s proven strengths and professional networks, we are well positioned to realize our goal of solving the social media advertising challenge.”

“Greg’s extensive experience and strong connections throughout the online media ecosystem will prove a valuable piece of our success,” said Chetan Mathur, interim CEO of Peerset. “He will undoubtedly drive our revenue and bring the necessary exposure we need in key markets.”

Chetan Mathur is one of North America's most successful high-tech entrepreneurs and business visionaries. Over the course of his 20 year career, he has become a trusted advisor to top IT executives. As CEO of both M Systems Group and Sage Information Consultants, Chetan led these companies through exceptional growth and significant exit.

Greg brings over fifteen years of business development and marketing experience working with top media and technology companies. Prior to joining Peerset, he led marketing for AOL's developer programs. Previous experience includes partner development roles at Verizon, Exodus Communications and Media.net.

Jordan Banks brings over nine years of experience in running online businesses. Most recently, he was the CEO of JumpTV (AIM, TSX: JTV), a leading broadcaster of sports and international television over the Internet. Prior to JumpTV, Jordan was the managing director of eBay Canada and was responsible for growing the activity of Canadians to over one billion dollars in 2007. Chetan Mathur welcomed Jordan’s appointment. “Jordan is one of North America’s leading authorities on digital media.”

Ontogenix also announced today their rebranding as “Peerset” and the opening of a San Francisco office to be managed by Greg Keegstra, Vice President of Business Development.

With this rebranding and enhanced presence in the Bay-area, Peerset is prepared to take advantage of market opportunities inherent in the social media ecosystem.

About Peerset Inc. (www.peerset.com)

Peerset Inc. is a social media advertising company. The Company was established in 2005 and is headquartered in Toronto. Peerset has built a predictive matching software platform with applications in advertising, ecommerce and search. Peerset is well positioned to become a leader in providing targeting technology to advertising networks and social media firms. The company is currently commercializing its proprietary online advertising technology and advertising network, both of which are designed for the unique requirements of user generated-content environments such as social networks, blogs and video sharing sites.

Media Contact:

Amit Kanigsberg
CTO & Co-founder
647.350.6551
akanigsberg@peerset.com

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