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BEBO FOUNDER MICHAEL BIRCH GETS BACK ON BOARD

December 9, 2010

contact: Jason Damata press@beboinc.com
SAN FRANCISCO CA- Dec. 9, 2010

Social network Bebo.com is back together again with the person most responsible for its creation. The company today announced that its founder Michael Birch has joined the company in the role of strategic advisor. Further, Birch has invested in Bebo, taking back a piece of ownership in the company that he sold to AOL in 2008 for $850 million USD.

"I'm super excited to be involved with Bebo again. The world of Social Networking has changed significantly since we started Bebo, and even more so since we sold it." said Birch. "There is a huge opportunity to re-invent Bebo, to approach social from a different perspective and create a viable alternative to the now established market leaders."

In his role as strategic advisor, Birch will provide his expertise and eye for product innovation working with CEO Adam Levin newly hired chief product officer Kevin Bachus, best known as one of the four co-creators of Xbox and CTO Akash Garg, co-founder of Hi-5. Since selling Bebo to AOL in 2008, Birch has remained an active leader in the tech community, with a portfolio of investments in the consumer internet space. Most recently, Birch launched a social network for the politically inclined, currently only available in Ireland, called Jolitics.com. He also played a major role in the launch of mycharitywater.org to help bring clean water to millions of people throughout the world.

"Having the founder back in Bebo's corner will bring enormous energy to our team and Bebo's users" said CEO Adam Levin. "Michael was way ahead of the times when he created Bebo and remains a person with the vision and talent to help us innovate going forward."

About Bebo
Bebo is a social media network that combines community, connections, self-expression and entertainment via a range of social tools, games and a growing mobile platform. Bebo has 117 million registered users across the globe, including in the U.S., the UK, Ireland, Australia, New Zealand, Canada, and other countries throughout Europe and the world. Bebo launched in 2005 and was acquired by AOL in March 2008 for $850 million before being purchased by Criterion Capital Partners in June of 2010.