Terapeak appoints Kevin North as new President and Chief Executive Officer

SAN FRANCISCO, CA, Jan. 30, 2012 /CNW/ - Terapeak, the market leading provider of e-commerce research and analytics solutions, and sole re-licensor of eBay data globally, today announced the appointment of Kevin North to the role of President and Chief Executive Officer.  Mr. North joins Terapeak from Dyadem International (acquired by IHS Inc.), where he served as President and CEO.

Mr. North was recruited to establish Terapeak's US headquarters in Silicon Valley and to leverage his experience building global operations through an aggressive sales and marketing model.  Mr. North will be responsible for company vision, strategy, revenue growth and business operations and will be based in the San Francisco Bay area.  Kevin North brings over 14 years of experience in the information technology industry with a history of consistent year-over-year revenue growth, increased customer and employee satisfaction and multiple awards for sales and marketing leadership and product innovation.

Under Mr. North's leadership, Dyadem was identified as one of North America's fastest growing technology companies three out of the last four years prior to its acquisition (2007, 2009, 2010 Deloitte Technology Fast 500), and was also named to the PROFIT 100 ranking of Canada's fastest growing companies by PROFIT magazine for two consecutive years (2009, 2010).  Mr. North was also a finalist for the Ernst & Young 2009 and 2010 Entrepreneur of the Year Award.  Mr. North serves as an advisor to other technology companies, and is a regular speaker at trade shows, colleges and universities.

"We are fortunate to have someone of Kevin North's caliber joining our team", said Simon Chong, Chairman of Terapeak.  "In order to continue to scale our business and leverage our market leading position as the de facto standard for e-marketplace analytics, the timing is right to bring on a new Chief Executive Officer that can take this company to the next levels and Kevin is ideal for the role".

"I am very excited by this organization and the unlimited potential of its value proposition," said Mr. North.  "Following the successful acquisition and integration of my previous company, I am excited about taking on the next big thing, and I believe that Terapeak is strongly positioned in the e-commerce industry to provide our customers with unparalleled insights into product and consumer behavior."

About Terapeak
Terapeak is a leader in e-commerce market research and payment analytics, and is the sole authorized re-licensor of eBay data globally.  The company provides custom insights and SaaS technology-enabled solutions to e-commerce merchants around the world. Currently aggregating over 20% of all online commerce sales data, Terapeak helps merchants make faster, more-profitable business decisions based on real-time market trends, pricing, and transaction data.

SOURCE TeraPeak Inc.

For further information:

Denise Hogue
250 661 6117 (direct)
denise@terapeak.com

Christina Kaye
250 483 9320 (direct)
christina@terapeak.com

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TeraPeak Inc.

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