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Hitt og þetta 20. september 2006

New President of Masterseek Corp.

COPENHAGEN, DENMARK -- (MARKET WIRE) -- September 20, 2006 -- The board of directors of Masterseek Corp. is pleased to announce that Mr. Robert Perz has been appointed as the new President and CEO of Masterseek Corp. and its subsidiary for Europe Masterseek Denmark A/S.

Mr. Perz joined the company last year and has been responsible for all the operations and system development since that time.

Robert Perz has previous experience in executive management and strategic business development in start-up and fast growing business environments.

"Robert is an excellent candidate to take masterseek.com to the next level," says Mr. Rasmus Refer, founder and SEO specialist of the company. "Robert has an extensive understanding of the commercial internet market and a proven track record within fast growing industries which is an important addition to our executive management team," continues Mr. Refer.

Robert's experience includes engagement as Managing Director for various online media businesses including subsidiaries under "Bonnier AB Company" and as Country Manager for "Jobpilot AG" (subsequently acquired by "Monster Inc."). He was responsible for the successful rollout in Denmark and Norway of Jobpilot which lead to its successful IPO in 2000. Robert holds a Masters Degree in Business Economics from Copenhagen Business School.

Masterseek Investor Relations: tel. +45 38330038

Robert Perz COO Masterseek tel. +45 61775599