SAN MATEO, Calif. June 4, 2008 — Vendio Services, Inc. today announced today that co-founder and CEO Rodrigo Sales has been chosen as a finalist for the Ernst & Young Entrepreneur Of The Year® 2008 Award for the Northern California region. Sales was selected by a panel of independent judges based on individual excellence and corporate performance in four areas: vision, leadership, achievement, and social responsibility.

The Ernst & Young Entrepreneur of the Year awards program celebrates 22 years of honoring entrepreneurs from all over the globe, and recognizes those who demonstrate extraordinary success in the areas of innovation, financial performance and personal commitment to their businesses and communities. Regional award winners are eligible for consideration for the Ernst & Young Entrepreneur Of The Year national program.

"I have always had a passion for entrepreneurship and a commitment to creating a business that fosters innovation and growth," said Rodrigo Sales, co-founder and CEO at Vendio Services. "To be chosen as a finalist for such a prestigious award is a testament to the entire Vendio team, and our continued dedication to providing today's online retailers with solutions that make their businesses more successful."

Vendio Services, Inc. is the leading provider of services that help merchants acquire customers and manage transactions online. Vendio has grown from one of eBay's first developer partners into an awardwinning innovator across the Web's leading marketplaces, recently celebrating its fifth continuous year of profitable growth.

Entrepreneur of the Year award winners will be announced at a special gala event on June 21 at the Fairmont Hotel in San Francisco. For more information on the Entrepreneur of the Year Awards, please visit www.ey.com.

About Ernst & Young's Entrepreneur Of The Year

Ernst & Young's Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential.

For more information, please visit www.ey.com.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.