ProspX Appoints Darin Vick Vice President of National Accounts - ProspX

AUSTIN, Texas – August 5, 2009 – ProspX, Inc., developer of the first on-demand enterprise sales collaboration and automation platform for the commercial insurance industry, today announced that Darin S. Vick will join the company as Vice President of National Accounts. Vick will oversee the company’s sales and business development efforts at the national account level. In his new role, Vick will be clearly positioned to help customers grow and profit from the automation ProspX provides.

Vick brings more than 20 years of commercial insurance and technology leadership experience to ProspX, including serving as President and CEO of USI Northwest and as Director of Business Development for Succeed Management Solutions. Vick’s previous executive leadership and sales roles make him ideally suited to lead sales, as well as directly contribute to the company's overall growth.

“This was an easy decision for me,” said Darin Vick. "I'm excited to be joining the strong management team at ProspX, most of all for the opportunity to help the company further position itself as the undisputed sales automation technology leader in the insurance industry.”

“It is an incredible time to join ProspX as we expand and gain significant customer traction in the marketplace,” said Todd Young, President and CEO of ProspX. “With the addition of Darin to our team, we can continue to build on our current momentum and execute on our vision of transforming the business of commercial insurance.”

To improve the flow of business in the complex and competitive commercial insurance industry, ProspX has developed a Software-as-a-Service (SaaS) solution that combines enterprise social networking, search engine, and CRM technology. The result is a comprehensive solution that automatically connects commercial insurance agents, brokers, and carriers at the initial point of opportunity, as well as throughout the sales cycle.

For more information about ProspX solutions for the commercial insurance industry, visit www.prospx.com.

About ProspX

ProspX, Inc. develops the industry leading social business platform for managing the complex, multi-party sales process of the $500 billion commercial insurance industry. Built for the commercial insurance industry by insurance professionals, the ProspX platform gives brokers quick and easy access to the critical information and resources relevant to the new and renewal business they are working on, while allowing carriers the ability to elevate their message for increased visibility at the initial point of an opportunity. For more information, please visit us at www.prospx.com, follow us on Twitter at www.twitter.com/prospx and like us on Facebook at www.facebook.com/prospx.

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ProspX is a trademark of ProspX, Inc. All other company and product names mentioned are used only for identification and may be trademarks or registered trademarks of their respective companies.

Media Contact:

Jill Ford
jill.ford@prospx.com
(512) 419-9970