New Company Leader, Gary Shenk, Promotes Insiders, Names New Sales and Marketing Heads

SEATTLE (April 17, 2007) - Corbis today announced that President Gary Shenk has appointed nine executives to his new leadership team as he transitions to the role of CEO. The new Executive Team, made up of senior leaders from across the organization and including a new head of sales and acting head of marketing, will support Shenk and his plan for continued revenue growth and market leadership.

The nine Executive Team members are Ivan Purdie, Kate Nickerson, Ross Sutherland, Stephen Gillett, Adam Brotman, Steve Lodis, Sue McDonald, Mark Sherman and Jim Mitchell. Corbis Chairman Bill Gates announced earlier this month that Shenk will take over the role of CEO from long-time leader, Steve Davis, effective July 1, 2007.

“This team represents fresh leadership for Corbis and is loaded with proven performers and team players who all want to win, make a real difference and believe in a great future for Corbis. I am very proud that everyone on my new team comes from within Corbis and has a proven track record of success at the company,” said Gary Shenk, President, Corbis. “It is an exciting time for Corbis. This new team will be completely committed to delivering the highest level of service and support for our clients who depend on Corbis to bring their creative work to life.”

The new leaders and promotions include:

• Ivan Purdie named to the Executive Team and promoted to Senior Vice President, Sales, with responsibility for all sales teams and activities worldwide. Purdie, who had been directing Corbis’ EMEA sales operations, replaces Wil Merritt, who will be leaving the company.

• Kate Nickerson, Vice President, Marketing, named to the Executive Team and assuming the role of overseeing marketing globally on an interim basis, while a formal search is conducted. Nickerson has been at Corbis for more than seven years, most recently as Vice President of Integrated Marketing, and replaces David Bradley, who will also be leaving Corbis.

• Ross Sutherland, Chief Creative Officer, named to the Executive Team with responsibility for managing Corbis’ directors of photography and their teams, for creative and editorial photography, and motion, on a global basis.

• Stephen Gillett, VP, Technology, named to the Executive Team with responsibility for managing Corbis’ global technology activities.

• Adam Brotman named to the Executive Team and promoted to VP, Networks, overseeing all of Corbis’ websites, including Corbis.com, Outline, Motion, and the company’s microstock offering to be announced later this quarter.

• Steve Lodis, VP, Human Resources, named to Executive Team with responsibility for overseeing attracting and retaining industry-leading talent.

The remaining members named to the Executive Team are veteran leaders of the company:

• Sue McDonald, Chief Operating Officer and Chief Financial Officer, maintaining responsibility for oversight of Finance, Media Services and Office Operations.

• Mark Sherman, Senior Vice President, Creative Resources, maintaining responsibility for the fastest growing division of Corbis’ business including its industry-leading Rights Services group.

• Jim Mitchell, Senior Vice President and General Counsel, maintaining responsibility for legal activities and Business Development.

“In the past few years, Corbis has strategically invested in acquiring and creating the best pictures, built the most comprehensive rights services offering and expanded our presence and brand globally,” said Shenk. “This new team will take Corbis to a new level by making us a more nimble organization committed to best serving our customers and growing our business.”

About Corbis
Corbis is a creative resource for advertising, marketing and media professionals worldwide, helping to bring creative work to life with the highest quality photography, footage and rights services. Corbis offers a preeminent collection of more than 100 million creative, entertainment and historic images, a comprehensive footage library, the world’s deepest rights and clearances expertise, a roster of elite assignment photographers and an award-winning media management solution. Headquartered in Seattle, Corbis serves more than 50 countries worldwide. For more information, visit www.corbis.com.