11.08.06

Prosper, Inc. Announces Tom Stockham, former CEO of MyFamily.com and former president of Ticketmaster.com, joins Board of Directors

PROVO, Utah - November 8, 2006 - Prosper, Inc. recently announced that Tom Stockham, former CEO of MyFamily.com and former President of Ticketmaster.com has joined their Board of Directors.

Tom Stockham joined Prosper, Inc.'s Board of Directors to help steer the company toward greater success among their rapidly growing base of students and employees. He remarked, "I hope to be a key member of the company's leadership team as we create the single most influential company in helping individuals grow their personal market capital."

Stockham said of his vision for the company, "I believe Prosper can become a key force in helping millions of people realize their professional and financial potential. Almost everyone feels like they're capable of more in their professional life, but most people don't know how to apply their skills and knowledge in new ways that will achieve more. We don't get that kind of structured learning from a traditional education. I hope I can help Prosper improve its products and services, grow its audience and customer base, and extend its range of services in very high-end personal coaching and online community support that will teach people how to accomplish more."

Mr. Stockham has more than 15 years of leadership experience in consumer-facing technology companies. Most recently, as the former president and chief executive officer of MyFamily.com he guided the company to a new level of success. Under his leadership the company grew to become highly profitable, serving more than 850,000 active subscribers and employing over 1,300 people. Prior to his role at Myfamily.com, Stockham was the president of access and emerging markets at Ticketmaster, the world's leading ticketing and access company.

Stockham holds a Masters of Business Administration from Stanford University and a Bachelors of Arts degree from Dartmouth College.

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.

 
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