Widgetbox Names Will Price Chief Executive Officer

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Leading widget community marks 2 billion widgets served across 230,000 domains - monthly audience reaches 30 million unique viewers in last month.

Will is an outstanding leader and the board and I are thrilled he has taken the role. As my friend and colleague on the Widgetbox board, I got to know his strategic sense, his passion for growing new businesses, and his outstanding leadership skills. I am confident he will bring those same skills to Widgetbox as CEO, building on the foundation the team has laid.

Widgetbox™ today announced that Will Price has joined the company as Chief Executive Officer. As CEO, Price will be responsible for leading all aspects of strategy, operations, marketing, technology and product development for the company. Michael Dearing, an independent board member and Stanford University consulting associate professor, had served as interim CEO during the search. Dearing will remain on the company's board of directors.

Prior to joining Widgetbox, Price was a managing director at Hummer Winblad Venture Partners. He played a key role in the firm's investments in Move Networks, Replay Solutions, Mulesource, Star Analytics, YieldBuild, Widgetbox, Kwiry, Infopia and SlideRocket. Prior to joining Hummer Winblad in 2005, Price was a senior vice president with Pequot Ventures, where he focused on investments in information technology. Previously, he served as CEO and COO of several software start-ups. His blog covering software and technology can be found at http://willprice.blogspot.com.

Michael Dearing commented on Price's move to the CEO post saying, "Will is an outstanding leader and the board and I are thrilled he has taken the role. As my friend and colleague on the Widgetbox board, I got to know his strategic sense, his passion for growing new businesses, and his outstanding leadership skills. I am confident he will bring those same skills to Widgetbox as CEO, building on the foundation the team has laid."

Fellow Board Member and Managing Director at Hummer Winblad Venture Partners, Mitchell Kertzman added, "As an executive and an investor, Will has done terrific work helping young companies grow and succeed. I will miss his contributions at Hummer Winblad, but I'm glad Will is staying in the HWVP family. I know he will do great things as Widgetbox's CEO."

"The Widgetbox community of developers, publishers, and consumers operates on the frontier of the distributed web," said Price. "Widgets are the fundamental unit by which users are assembling and defining their web experience. Widgetbox's growth reflects the power of the componentized web and the company is well positioned with a growing monthly audience of 30 million unique viewers, nearly 400 million monthly widget views, and Widgetbox-enabled widgets installed across 230,000 domains. The opportunity to work with the board and the leadership team at Widgetbox to build upon the existing foundation is extremely exciting."

Price received a master's degree in business administration from the Kellogg School of Management at Northwestern University, and a bachelor's degree from Harvard College.

About Widgetbox
Widgetbox helps people express, connect, create and inform using web widgets that can be easily shared and distributed anywhere on the web. Widgetbox has the largest selection of web widgets - more than 40,000, with 30 million monthly viewers on over 230,000 domains. Widgetbox serves both the developers and consumers of widgets and has the most comprehensive set of tools for the management and distribution of your web widgets. For more information, please see http://www.widgetbox.com.

Erin Hitch
Bite Communications for Widgetbox
650.868.2796
Erin.hitch(at)bitepr.com

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Erin Hitch
Widgetbox
(650) 868-2796
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