Sep 2005

MyFamily.com (Ancestry.com) Names New Chief Executive Officer

Provo, UT - MyFamily.com, Inc. (now known as Ancestry.com), the leading network for connecting families with their histories and with one another, announced today the appointment of Tim Sullivan as the company's president and chief executive officer. A rapidly growing Internet business, MyFamily helps individuals find the people most important to them and to share their unique family stories. In his new role Sullivan will be responsible for the direction, overall financial performance, and all operational functions of the company.

"MyFamily is an outstanding company with exciting prospects for the future," Tim Sullivan said. "I am thrilled to have the opportunity to join a company with leading market share and such tremendous momentum. I simply love the mission of this company and all that it can do for families everywhere. I look forward to joining an organization and a team that has operated with a culture of integrity, customer focus, innovation, and action. My goal is to build on the momentum MyFamily has established and continue to grow our subscription base by extending our product offerings and broadening our global presence."

Sullivan most recently was chief executive officer for Match.com, the global leader in online dating and an operating business of IAC/InterActiveCorp. Under Sullivan's leadership, Match.com achieved recognition as the clear leader in the U.S. online dating market, while expanding globally into 29 local language dating markets. During this period, the paid subscriber base for all IAC Personals brands grew from 189,500 in Q1 2001 to nearly one million in Q2 2004, while growing revenue more than six- fold.

Prior to joining Match.com, Sullivan served as vice president of e-commerce for Ticketmaster's predecessor, Ticketmaster Online-Citysearch, Inc. Before joining Ticketmaster, Sullivan spent seven years at The Walt Disney Company, where as vice president and managing director for Buena Vista Home Entertainment Asia Pacific, he was responsible for all Home Video distribution of Walt Disney company products in the Asia Pacific Region. Sullivan is a graduate of Harvard Business School and the University of North Carolina at Chapel Hill.

"We are delighted to have Tim as the new leader of MyFamily. Now is the time for our company's next phase of development and Tim is the perfect executive to lead the company into the future," said Dave Moon, chairman of MyFamily.com Inc. "Tim is an exceptional leader who has a proven ability to build high-growth, global organizations. I look forward to teaming with Tim as we broaden and strengthen MyFamily's position as an Internet leader. We want everyone to experience the excitement and emotional satisfaction that comes from discovering and sharing their family's heritage and story."