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Drop.io Adds Scott Schwanbeck, Online Media Veteran, to Its Management Team, as Vice President of Business Development

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drop.io (http://drop.io), the simple private sharing solution, announced today that Scott Schwanbeck, a 12-year online media veteran who specializes in strategic development and revenue generation for established companies in the digital space, has joined its management team as Vice President of Business Development. In this capacity, Mr. Schwanbeck will help set the strategic direction and operational goals, as the company enters a phase of expansion. He will be a core contributor in the overall growth of the company.

NEW YORK (Business Wire EON) November 14, 2008 -- drop.io (http://drop.io), the simple private sharing solution, announced today that Scott Schwanbeck, a 12-year online media veteran who specializes in strategic development and revenue generation for established companies in the digital space, has joined its management team as Vice President of Business Development. In this capacity, Mr. Schwanbeck will help set the strategic direction and operational goals, as the company enters a phase of expansion. He will be a core contributor in the overall growth of the company.

We are thrilled to have Scott join the drop.io team. His long history working with top-tier online brands will offer an extremely helpful perspective, as we look to bring drop.io out to the wider market.
Sam Lessin, CEO of drop.io, said, Drop.io is building a new vocabulary for simple private sharing on the web, and Scotts deep expertise and leadership will be instrumental in the development of key relationships and in distributing our solution within specific verticals.

According to Mr. Schwanbeck, Digital file sharing is an area that is coming of age and drop.io is poised to lead the charge as the leading provider of private content sharing. The timing is right for drop.io to align with key strategic partners, and I anticipate that participating in the growth of a company founded on such an innovative premise as drop.ios, will present a rare and vibrant opportunity to make a difference in the marketplace.

Before joining drop.io, Mr. Schwanbeck was Vice President of Business Development, at Fox Interactive Media. While there, he was responsible for all business and corporate development activities including; strategic partnerships, non-ad based monetization, content and data licensing, audience development and international expansion for the (FIM-owned) IGN Entertainment network of sites.

Prior to Fox Interactive, Mr. Schwanbeck was Vertical Sales Director at Lycos, where he was responsible for overall revenues, strategic partnerships and distribution agreements across the Finance & Small Business verticals. Mr. Schwanbeck had also previously held senior roles at AltaVista and Excite over his more than 12-year career.

Adds Lessin, We are thrilled to have Scott join the drop.io team. His long history working with top-tier online brands will offer an extremely helpful perspective, as we look to bring drop.io out to the wider market.

About Drop.io

Drop.io is an easy to use, online file sharing service that provides users with a simple and private way to share images, video, audio, documents and other digital content through unique, user-created and controlled, sharing points called drops. In just a few clicks, users are able to seamlessly create personal sharing points, upload content via web, email, mms, Facebook, Firefox extension, phone and fax inputs and then share it with friends, family, and colleagues through Drop.ios various web, email, mms, Twitter, sms, iTunes and fax outputs. Each drop is non-searchable, non-networked, does not require any type of account registration and can be password-protected and set to expire after a period of time. Drop.io is used by a wide range of users seeking a convenient and secure method for sharing all types of digital content, ranging from mothers sharing baby photos to large companies using drops as collaborative workspaces. The company was founded by Sam Lessin in 2007 and has raised $3.9 MM in financing from RRE Ventures and DFJ Gotham. For more information, visit, http://drop.io/about.

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Stefan Pollack
drop.io
310-556-4443
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