Julie Michael Smith
Youngstown Business Incubator
330-259-7644 office

For Immediate Release: November 24, 2009

LoopScreen Becomes Youngstown Business Incubator Portfolio Company

YOUNGSTOWN, Ohio – Youngstown Business Incubator (YBI) is pleased to welcome LoopScreen, a provider of online personal reputation management and personal marketing tools, as one of its virtual Portfolio Company. A Virtual Portfolio Company is a very early stage venture that utilizes the resources of YBI but is not a physical tenant of the building.

LoopScreen will utilize YBI’s INSPIRE! flexible development suite which offers professional office space, conference facilities and equipment and most importantly, the ability to thrive in the dynamic innovative environment of YBI. YBI’s staff will assist in the business development process by providing entrepreneurial counseling.

”We’re pleased that LoopScreen will continue its early stage development work at INSPIRE!,” says Julie Michael Smith, Chief Development Officer. “The company has an interesting portfolio of tools and fits well in our ever-growing cluster of technology-related companies in the Mahoning Valley.”

YBI, located at 241 W. Federal Street in Youngstown, also offers Portfolio Companies access to its Software Testing Laboratory, which provides the hardware, software and equipment needed to test new software under different operating environments.

"We're excited that YBI recognizes LoopScreen's potential, and can provide the tools and guidance we need to accelerate the company's development to market," said Chris Iezzi, CEO of LoopScreen. "There is a broad range of talent at YBI and we are fortunate to be part of it."

LoopScreen is collaborating with its Youngstown technology and equity partner, Empyra, for the company's expected first-quarter 2010 launch of its service, also called LoopScreen. Vipin Gupta, President and Chief Executive Officer of Empyra said, " We are pleased that our technology will be able to help LoopScreen bring their much needed services to market. I'm looking forward to working with YBI and their talented team of entrepreneurs."

For more information, please visit www.LoopScreen.com, or contact LoopScreen CEO Chris Iezzi at chris@loopscreen.com.

About YBI

Youngstown Business Incubator is a non-profit, social enterprise organization with a primary mission to accelerate the start-up and development of scalable, technology-based companies in northeast Ohio. Supported by the Ohio Department of Development as an Edison Technology Incubator, YBI provides entrepreneurial assistance, facilities and technology support. For more information about YBI, visit www.ybi.org