15 September 2008

Press Release: Appointment of new CEO - Ivan Nicolai

Appointment of Key Management Role to Next Phases of Growth for Singapore Web Hosting Company

Singapore, September 15, 2008– Venture Domain Hosting, Singapore Web Hosting and Email Hosting provider, today announced that Ivan Nicolai, who was tapped as acting Chief Executive Officer in September 2008, has been confirmed as permanent Chief Executive Officer.

Ivan has a strong track record of successfully leading companies to obtain substantial growth. Prior to joining Venture Domain Hosting, Ivan joined several start-ups in the dot com era and implement various business strategies. In his new role, Ivan will help steer the company towards the new business goals.