Glam Media Announces Appointment of Stephen E. Recht as Chief Financial Officer

Glam Media Announces Appointment of Stephen E. Recht as Chief Financial Officer

Former CFO of Shutterfly, Inc. Joins Glam Media's Executive Team

BRISBANE, Calif. and NEW YORK, Oct. 16 /PRNewswire/ -- Glam Media, Inc., the pioneer of vertical content networks, today announced that Stephen E. Recht, formerly CFO of Shutterfly Inc, has been appointed Chief Financial Officer, reporting to chairman and CEO Samir Arora. Recht takes on the role formerly held by Glam Media co-founder Ernie Cicogna, who will remain with the company and take on a broader role as EVP of Glam Partners and GM of the Glam Publisher Network. Separately, co-founder Dianna Mullins will expand her role to include Vice President of Culture and Employee Relations.

Recht brings more than 30 years of diverse operating and finance experience to Glam Media, including IPO, secondary and private venture funding expertise. Prior to Shutterfly, Recht held CFO or COO positions with SkyStream Networks, Brience, Allegis and NetGravity/DoubleClick. Previously, Recht was also a board advisor and chair of the audit committee for Marimba. He started his career at Peat Marwick/KPMG and following that held various financial roles with Itel, Sierra Capital, and ViewStar. Recht has a BA in Economics from Stanford University and a MBA from the Wharton School at the University of Pennsylvania. As CFO, Recht will be responsible for oversight and management of corporate financial strategy.

"I'm very excited to join Glam Media's executive team. The company has perfected a unique media business model and established itself as the leader in vertical content networks online," said Recht. "I'm looking forward to the opportunity to contribute to the company's continued upward trajectory."

Recht has directly managed operations meeting Sarbanes Oxley requirements of public companies at both a board of directors and CFO company level. His mix of managing private companies and building economic business models in down markets and managing finance, SEC reporting, analysts and investor relations in public companies adds significant talent to the Glam executive team. Shutterfly delivered a compounded annual growth over 50% from 2003 through 2007, and has been profitable since 2003. Recht was originally recruited as CFO to prepare Shutterfly for an IPO, which was completed in September of 2006.

"We are incredibly pleased to welcome Stephen Recht to the company," said Samir Arora, chairman and CEO of Glam Media. "In today's economic climate, it is particularly important to have a meticulous and thorough long-term financial strategy that takes into account the necessity of regular review and adjustment. Stephen's broad experience and proven record of driving successful economic business models will be invaluable as Glam Media continues to grow and prosper, even despite the current downturn."

Ernie Cicogna, who previously held CFO, partners and publisher roles will expand his focus to helping build the partner operations for Glam globally. In his new role, Cicogna will focus on managing the Glam Publisher Network, business development, content partnerships, GlamTV video providers, content syndication partners, and corporate cevelopment.

Dianna Mullins, co-founder and Vice President of Product Operations product will take on the additional responsibility of Vice President of Culture and Employee Relations. Mullins, deeply involved with empowerment and internal communication, will help continue to build the unique culture that Glam has created.

Glam Media's vertical content network now features eight separate channels representing each vertical, including: Style (Fashion, Beauty, Shopping); Living (Food & Wine, Home & Design, Travel & Leisure); Entertainment; Wellness; Health; Family, Black Life and Luxury. The company's market-leading publisher network of 640+ sites includes: Apartment Therapy; BagSnob; EatingWell; Manolo the Shoeblogger; Nylon, SheFinds, Stylebakery, Stylefeeder, Zafu and many others.

About Glam Media

The founders of Glam created a new media model to bring brand advertisers to niche and premium audiences online. Today, Glam Media is the fastest growing Top 20 Media Company in the U.S. with a total reach of 52 million unique monthly visitors in the U.S. and 75 million global uniques, and just entered the MediaMetrix Top 10 Web properties list. The company is a comScore Top 10 Display Ad Publisher. Glam Media provides a compelling mix of owned and operated Web sites including Glam.com and the carefully curated Glam Publishing Network of more than 640 popular and influential lifestyle Web sites, blogs and magazines. Glam Media is backed by: Hubert Burda Media; GLG Partners; Accel Partners; DAG Ventures; Draper Fisher Jurvetson, Walden Venture Capital and Information Capital. Glam Media is headquartered in New York City and Silicon Valley, California, with international offices in London, Munich and Tokyo.

Source: Glam Media, Inc.

CONTACT: Caroline Hacker of Glam Media, +1-650-270-2183,
caroline@glammedia.com or Lane Buschel of The Morris and King Company for Glam
Media, +1-212-561-7454, lane.buschel@morris-king.com

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