Online Retail Solutions Provider Welcomes New CEO and Over 60 New Customers in Q4

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Celebros Inc. has appointed Ofer Alt as its new CEO as of September 2007 and is delighted to have welcomed more than 60 new clients during the last quarter.

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I am tremendously excited to be involved in Celebros and believe that the vision to innovation, customer service, and strategic thinking demonstrated by the current management and staff will assure ongoing and additional value to our clients well into the future

Celebros Inc. officially announced Ofer Alt as its new CEO this past September. Ofer, who holds an Executive MBA (with Distinct Honors) from Bar-Ilan University and a B.Sc., Computer Sciences, B.A., Economics from Tel-Aviv University, brings with him 15 years of management experience, the majority of which was spent founding successful companies such as Poly Information which, in the space of six years, became a leading provider of Interactive Speech Response solutions for call centers. Poly Information was founded by Ofer in 2000 and taken public in 2006 (AIM: PLY). Ofer has also offered consultation and management services to international high-tech corporations such as Amdocs, Convergys, Cyota, Mercury Interactive and Formula Group.

"I am tremendously excited to be involved in Celebros and believe that the vision to innovation, customer service, and strategic thinking demonstrated by the current management and staff will assure ongoing and additional value to our clients well into the future," Ofer commented in an interview conducted shortly after his appointment.

Referring to the current state of the eCommerce market, Ofer had this to say; "In the past year we've seen some dramatic shifts in the eCommerce market. Are we approaching a market peak? How can we ensure positive trends continue? These are questions burning in the mind of our growing list of international customers. At Celebros, our response is to continue to make online shopping as easy and effective as possible. This is what all of our shop search and navigations solutions are designed to do, increasing revenues for our clients while providing an enjoyable and sophisticated shopping experience."

Additionally, during the the last business quarter, Celebros has welcomed more than 60 new customers from the global online retail market, half of which are based in America, an exciting target for the company's market development. The other half are European companies and showcase Celebros' continued growth in that market. Among these new clients is Galeria Kaufhof, one of Germany's largest retail operations with over 140 locations.

'Today, Kaufhof…has established itself as the innovation leader among the German department stores. Galeria stands for a comprehensive range of premium products from international brand manufacturers, an attractive ambiance, generous store layout and a clearly structured selling space.' (from http://www.metrogroup.de/).

About Celebros

Founded in 2000, Celebros is an international leader in the development of intelligent, concept-based search and navigation solutions for online merchandising operations. The QwiserTM Salesperson platform, available in 7 languages, uses the most advanced natural linguistic processing abilities to pinpoint what shoppers are looking for in real-time, enabling retailers to respond in an unparalleled way, increasing sales and enriching their customers' shopping experience.

Celebros is headquartered in California with R&D in Israel and offices in London, Munich and Paris. The company handles online merchandising and sales for more than 300 online shops across a variety of domains including some of the world's largest online retailers like Avon, figleaves.com, Ice.com, and more.

Copyright © 2008 Celebros Inc.; all rights reserved.

For more information contact:
Melody King, Director of Sales (US)
Ph: (800) 428-0496
Fx: (505) 212-0610
http://www.celebros.com

Celebros Inc.
402 E. Gutierrez
Santa Barbara, CA 93101
Michael Shear, Director of Sales (UK)
Ph: (0870) 366-5274

Celebros Ltd.
Medius House LG
2 Sheraton Street
London, W1F 8BH

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