Punchbowl Strengthens Board with former GM of American Greetings

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Michael Waxman-Lenz, former General Manager of AmericanGreetings.com, joins past GM of Evite on Punchbowl's leadership team.

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It’s rare to meet someone with both hands-on operational expertise and deep industry knowledge.

Punchbowl.com, the one-stop site that helps smart moms and savvy professionals plan a party from start to finish, today announced the appointment of Michael Waxman-Lenz to the Punchbowl Board of Directors. Waxman-Lenz joins a distinguished group of experts on the Punchbowl Board including Bob Greene, Contour Venture Partners, Michael Rost, PNC Equity, Bob Perkins, Consensus Research Group, and Matt Douglas, Punchbowl CEO.

The appointment of Michael Waxman-Lenz to the Punchbowl Board comes on the heels of the addition of Harry Lin, former GM of Evite.com, to the Punchbowl Board of Advisors. During his tenure at Evite, Harry fueled brand growth and substantially grew site revenue. The pair is an expert in consumer-internet sites and the social expressions industry.

"As the former GM at AmericanGreetings.com, I see the full potential of Punchbowl," said Michael Waxman-Lenz. "The team at Punchbowl has all of the right components to be very successful in the social expressions industry."

Michael became an Internet entrepreneur in the early 1990s. As General Manager of AmericanGreetings.com, Michael grew the online greeting business, which includes AG.com, Bluemountain.com, Egreetings.com, Kiwee.com, and the photo sharing site Webshots.com. Previously, Michael served as Chief Financial Officer and SVP of American Greetings Intellectual Property Group. He also oversaw AGI's advertising team, search product team, business intelligence, business development, and its strategic partnerships with such organizations as AOL, Microsoft and Yahoo. Michael serves as a board member of the Montefiore Homes in Cleveland, and is an adjunct professor at Baldwin Wallace Business School.

"It's rare to meet someone with both hands-on operational expertise and deep industry knowledge," said Matt Douglas, CEO, Punchbowl. "It's an honor to work with Michael as we continue to grow the Punchbowl business."

About Punchbowl Software
Punchbowl Software is the company behind the critically acclaimed website Punchbowl.com. Punchbowl is the one-stop site that helps smart moms and savvy professionals plan a party from start to finish. The site offers a modern, effortless way to plan an unforgettable celebration with party planning features including customizable digital invitations, potluck organization, gift registries, local vendor search and much more. Founded by software and user interface experts Matt Douglas and Sean Conta, the company is located in Framingham, MA and is backed by Contour Venture Partners and Intel Capital. To learn more, visit http://www.punchbowl.com/corporate

Company Contact: Matt Douglas, 650.814.3393 or Stephanie Fader, 508.283.4643

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Stephanie Fader
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