Thomas M. Cornish Heads Up ProspX Advisory Council

President and CEO of Seitlin Insurance, a Marsh & McLennan Agency, to Lead Group of Top Insurance Brokers and Carriers

AUSTIN, TX February 8, 2012 ProspX, Inc., developer of the first on-demand search and sales collaboration solution for the commercial insurance industry, today announced that Thomas M. Cornish has agreed to lead the ProspX Advisory Council. The group, made up of top level executives, was formed for the purpose of sharing and collaborating on best practices and the overall vision for the ProspX platform.

Cornish is a 29-year veteran of the banking and insurance industry with tremendous expertise in accelerating growth and building businesses in tough, competitive markets. Cornish is currently the president and chief executive officer of Seitlin Insurance, which is a Marsh & McLennan Agency. Prior to Seitlin, Cornish worked for the SunTrust Banking Company serving in a variety of senior management roles on the corporate banking side of the business. Cornish concluded his 20 year career with SunTrust as President for the Miami banking organization. Cornish is also the immediate past chairman of Assurex Global and prior member of ProspX's Board of Directors.

"Our Advisory Council provides invaluable insight into our customers and how they utilize the ProspX platform," said Todd Young, president and CEO of ProspX. "We're excited to have Tom lead this group of senior executives as we continue to focus on increasing the tangible value of our technology to our customers."

"ProspX is one of the most innovative companies in our industry, and has built a strong business around bringing automation and ease to the complicated business of commercial insurance," said Cornish. "I'm excited to be chairing such an influential group of their trusted advisors as we help the company continue to navigate the opportunities and challenges associated with transforming an industry."

ProspX develops the industry leading solution for managing the complex, multi-party sales process of the $500 billion commercial insurance industry. The Software-as-a-Service (SaaS) platform combines enterprise search and social networking technology to automatically connect commercial insurance agents, brokers, and carriers at the initial point of a business opportunity, as well as throughout the sales cycle.

For more information on ProspX solutions for the commercial insurance industry, please 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