Released on: March 11, 2008, 2:31 pm

Press Release Author: MaintenanceNet, Inc.

Industry: Software

Press Release Summary: Business and Finance Experts Selected to Help Build
MaintenanceNet's Growth as it Drives Advances in Service Contract Management

Press Release Body: Carlsbad, CA - March 11, 2008 - MaintenanceNet, Inc., the
leading provider of maintenance contract management services, today announced the
appointment of two renowned technology industry veterans, John Downing and Joe
Markee, to its board of directors.

According to Scott Herron, CEO of privately held MaintenanceNet, the new board
members were chosen because of their highly successful entrepreneurial track records
as well as their proven capabilities for establishing, growing and managing
companies in the fast-paced technology sector.

"MaintenanceNet is extremely fortunate to have both of these esteemed individuals
join our board. Their enduring success in the technology industry will prove
invaluable during this high-growth stage," said Herron. "We will rely upon John and
Joe for strategic advice and direction as we continue with our pioneering advances
in analytics-based, warranty and service contract management."

Formed in 2001, MaintenanceNet serves the world's largest technology manufacturers
and distributors with a software-as-a-service (SaaS) platform that yields
exponential growth in product and service revenues. The company will build upon its
market leadership by drawing upon the experience of both Downing and Markee, who
have strong ties to the San Diego region, where MaintenanceNet is headquartered.

Downing brings more than 30 years of experience in technology development, executive
management and venture capital to MaintenanceNet. After seven years in product
development and marketing at Digital Equipment Corporation, he founded Pacific Data
Products in San Diego. As CEO of Pacific Data Products, he grew the company to over
$80 million in revenues in the 1980's while maintaining more than 20 percent in
pre-tax profits. Selected as an Ernst & Young "Entrepreneur of the Year" in 1989,
Downing, while in the IPO process, merged Pacific Data Products with NYSE- listed
Digital Communications Associates in 1990.

Subsequently, he joined Techno Venture Management (TVM), Germany\'s premier venture
capital fund, as a venture partner before becoming a founding venture partner with
Palomar Ventures, based in Santa Monica, Calif. In 2001, Downing moved to
semi-retirement and owns and manages Downing Family Vineyards, of Napa, Calif., and
the Downing Family Foundation. He currently serves on the advisory boards of
leading private wealth manager Northern Trust Bank, based in Chicago, and Clinic
Ole, a leading provider of primary healthcare in California's Napa Valley.

Markee currently serves as a managing director of San Diego-based Express Ventures,
where he leverages his extensive experience in early stage company formation,
capital raising, corporate management, and public and private corporate governance.
Prior to joining Express Ventures, he took Figure 8 Wireless, a San Diego wireless
communications company, from its initial business plan and fund raising in 2004, to
its sale to Chipcon ASA of Norway in 2005. Texas Instruments subsequently purchased
Chipcon in 2006 for $200 million.

In addition, Markee co-founded Copper Mountain Networks in 1995, serving as founding
CEO of the Palo Alto, Calif.-based company. As chairman and CTO, he helped take the
organization public in May 1999. From 1988 to 1995, he co-founded San Diego-based
Primary Access, a remote access server company that was sold to 3Com Corporation in
1994 for $170 million.

Markee was also a founder and served as president of the San Diego
Telecommunications Council (recently renamed CommNexus). He has been honored with
numerous awards, including the Ernst & Young San Diego Region "Master Entrepreneur
of the Year Award" in 2000.

About MaintenanceNet
MaintenanceNet is the leading provider of warranty and contract management services.
The company's technology platform provides proven increases in overall profitability
and revenue for manufacturers. MaintenanceNet's channel-friendly solutions automate
and improve underlying data integrity, resulting in reliable customer information
for registering and renewing service contracts. Using its online, interactive SaaS
platform, MaintenanceNet provides the entire supply chain with a 360-degree view of
their warranty and service contracts. The world's largest technology leaders turn to
MaintenanceNet to achieve greater success in their service businesses. For more
information, please visit www.maintenancenet.com or call 866-699-7212.
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MaintenanceNet is a registered trademark of MaintenanceNet Incorporated.


Web Site: http://www.maintenancenet.com

Contact Details: Paula Johns
MaintenanceNet, Inc.
+1.760.487.1799 office
paula@maintenancenet.com