Prosper, Inc. Appoints Former University of Phoenix Campus Director as Executive Vice President of Educational Services

PROVO, Utah - April 5, 2006 - Prosper, Inc. recently named Steve Hafen, former Campus Director of University of Phoenix Calgary, as the Executive Vice President of Educational Services.

Steve Hafen, 38, joined Prosper, Inc. to lead a new division focused on investments (through acquisitions and joint ventures) and student acquisition services in the proprietary education market.

"Prosper is a dynamic, entrepreneurial organization that has experienced, and will continue to experience, significant growth. The owners clearly care about their employees and their customers and this translates to a very positive work environment," said Mr. Hafen. "I am excited about helping Prosper to diversify its offerings and further contribute to its overall growth by investing in, and offering services for, the proprietary education market."

Prior to joining Prosper, Inc., Mr. Hafen was the Campus Director for University of Phoenix Calgary. As the general manager of the Calgary campus, Mr. Hafen had overall responsibility for administration, marketing, enrollment, academic affairs, and student/faculty services. Prior to working with the University of Phoenix, Mr. Hafen was Vice President of Marketing and Distribution at Certiport, Inc., a leading provider of performance-based certification programs and services.

Mr. Hafen is a graduate of Brigham Young University with a Master's degree in Business Administration and Bachelor degrees in International Studies and Japanese.

About Prosper

Prosper, Inc. is a global leader of coaching and distance training in the areas of Real Estate Investing, Stock Market Investing, Entrepreneurship, Business Marketing, eCommerce, and Personal Finance. Prosper, Inc. was created in 1999 and currently drives lasting success for the thousands of students enrolled in its programs.

Prosper, Inc. enables well-branded organizations to capture a new market segment by creating a student base, developing a certified education curriculum, and educating students through coaching and distance training. Prosper, Inc. has already fulfilled over 60,770 coaching sessions in the year 2006 alone and currently educates thousands of students enrolled in its programs. Prosper, Inc. is a Provo-based company with over 460 employees that fosters excellence and innovation.