Corbis Appoints Barry Allen As New Chief Financial Officer

Veteran CFO Barry Allen Brings Rich Financial Management Experience in the e-Business Sector

London, Apr. 22, 2008. Corbis, a creative resource for advertising, marketing and media professionals, today announced that Barry Allen has been appointed as the company's Chief Financial Officer (CFO). Allen will oversee the financial management for Corbis and be a member of the Executive Team based in the company’s Seattle headquarters.

Allen has more than 25 years of experience in diverse senior executive leadership roles in the Internet, enterprise technology and real estate sectors. He is widely recognized for his strong track record of leading financial operations for companies in dynamic market environments and helping to drive sustainable long-term growth.

Allen was most recently CFO of Housevalues, a leading provider of marketing and technology services to real estate professionals, where he was responsible for diversifying the company's revenue stream and product offerings while solidifying the company’s core business.

Previously, Allen was CFO of Move.com where he helped the company significantly increase market share and revenue growth before negotiating its sale, one of the largest for an Internet company at the time. Prior to Move.com, he served as CFO and then president and chief operating officer of Marketwave, a provider of enterprise-class e-business intelligence software.

“Barry has an impressive track record of strong, strategic leadership and helping to guide corporate transformations and accelerate revenue growth," said Gary Shenk, CEO, Corbis. “He will play an important role in continuing our transformation by helping to define a winning financial strategy and implementing best-in-class financial management and operations."

“In the last few years, Corbis has demonstrated its commitment to adapting to a rapidly changing market,” said Allen. “Corbis has a strong brand and incredible assets that put it firmly in the position to accelerate its industry-leading position.”

 

About Corbis

Corbis is a creative resource for advertising, marketing and media professionals worldwide, helping to bring creative work to life with the highest quality photography, footage and rights services. Corbis offers a preeminent collection of more than 100 million creative, entertainment and historic images, a comprehensive footage library, the world's deepest rights and clearances expertise and an award-winning media management solution, as well as empowering SnapVillage, an innovative microstock web site. Based in Seattle, Corbis serves more than 50 countries worldwide. For more information, visit www.corbis.com.