Per Söderström joins Picsearch as Head of New Business - Picsearch expands and separates sales department management

STOCKHOLM, Sweden, April 7, 2009 - Picsearch announces the expansion of its sales department and the separation of the sales management roles with the recruitment of Per Söderström who moves to Picsearch as Head of New Business.

Per Söderström recently served as CEO of the listed staffing company group Resurs Bemanning AB, one of Sweden's top 10 staffing companies. Before that he had the position CEO at IT-Resurs AB, one of Sweden's leading IT staffing companies. Between 2004 and 2008 the company group grew revenue by an annual rate of more than 50% in a competitive market, which lead to the company receiving the business paper Dagens Industris award "Gasellforetag" four years in a row. Prior to this Per held several management positions within the American media publisher International Data Group AB.

Picsearch's sales department, under the successful management of William Whittingham, has seen new business grow strongly each year from 2006 to 2009. Due to this growth the department responsibility has been separated with Per Söderström taking responsibility for new business and William Whittingham focusing on developing account management and business development. Both roles will focus on the continued expansion of the Picsearch search and video solutions.

Robert Risberg, Picsearch's CEO, said "Per Söderström has an excellent track record in the area of sales and leadership and we are delighted to welcome him onboard. He will complement the strong team we have in place today and help lead our continued global growth with worldwide recognition for excellence and innovation."

Per Söderström, newly recruited Head of New Business at Picsearch, said "As an executive I have managed smaller groups of individuals as well as a company group with 800 employees. My passion is to create organic growth with retained profitability. I am excited to join one of the most technically advanced companies in Sweden and I am looking forward to expanding the number of partners using Picsearch search and video solutions."


About Picsearch
Picsearch AB (publ) is a premium provider of online video and multimedia search services. Picsearch's flexible and reliable video solutions power market leading businesses online. Picsearch multimedia search services are market leading in relevancy and family friendliness and power numerous leading Internet sites as well as its own Internet properties. Picsearch was founded in 2000, is privately held and headquartered in Stockholm, Sweden. For more information please visit http://about.picsearch.com.


For more information please contact:
Carl Särnstrand, Communications Manager at Picsearch
Tel: +46 73 204 14 79
E-mail: carl.sarnstrand@picsearch.com