Teranet Announces New Director, Customer Relations

TORONTO - Teranet Inc.'s President and CEO Jay A. Forbes announced that James MacQueen will be joining the organization's leadership team as Director, Customer Relations on September 21, 2009.

Mr. MacQueen joins Teranet from CB Richard Ellis - Global Corporate Services where he served as Vice President, Strategic Services. In his 19 year career Mr. MacQueen has lived and worked from coast to coast in Canada and worked in major markets throughout the United States. He has held previous senior management roles at InnVest REIT, Cara Operations Limited, Alderwoods Group and Oxford Properties Group.

Mr. MacQueen is a graduate of University of Toronto's Rotman School of Management and currently serves on the Advisory Board of Children's Wish Foundation - Ontario Chapter.

"We are delighted to have someone of James considerable experience and ability join the Teranet executive team" said Mr. Forbes about James MacQueen's appointment. "He brings the leadership skills necessary to design and deliver account relationship strategies that will ensure our many and varied customers enjoy the very best sales and service support."