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Shutterfly Appoints Stephen Killeen to Board of Directors

REDWOOD CITY, Calif., Feb 13, 2007 (BUSINESS WIRE) -- Shutterfly, Inc. (NASDAQ:SFLY), an Internet-based social expression and personal publishing service, today announced the addition of Stephen Killeen to its board of directors. Mr. Killeen brings more than 25 years of experience as a leader of high-growth organizations and has an extensive background in interactive media, consumer marketing and financial services.

"I am pleased to welcome Stephen Killeen to the Shutterfly board," said president and chief executive officer of Shutterfly, Jeffrey Housenbold. "Stephen's global internet, broad marketing and community building expertise, together with his track record for transforming independent organizations into category leaders, bring an important perspective to our Board as Shutterfly continues to expand its market presence."

Stephen Killeen has served in multiple high-profile leadership positions in consumer, financial and technology companies. Most recently, Mr. Killeen was president and chief executive officer of WorldWinner, a casual gaming company that he successfully sold to London-based Fun Technologies. Prior to WorldWinner, Mr. Killeen served as president of TerraLycos, the world's fourth-largest media property. Mr. Killeen was previously president and director of Marketing Services Group. Before joining Marketing Services Group, Mr. Killeen was president and chief executive officer of Raging Bull, where he grew the Company's market capitalization from $2 million to an eventual sale to AltaVista for over $250 million.

Mr. Killeen began his interactive career in the financial services sector, where he held several executive management positions and was a pioneer in the online brokerage industry first with PCFN (which eventually became DLJdirect) and Fidelity.

Mr. Killeen has served on multiple private and public company boards including Switchboard, Lycos Europe and Molecular and Marketing Services Group. He has also served on the Board of Junior Achievement of New England and as a member of The Secretary of Commerce's Task Force on Privacy.

Over his career, Mr. Killeen has received many business awards and honors; he was a finalist for Ernst & Young's Entrepreneur Of The Year(R) Awards for New England, he was named a "Leader of the Internet Economy" by the Industry Standard and he led two companies that received Deloitte & Touche's Fast 50 Award.

Mr. Killeen earned his BA at Union College.

The Shutterfly board of directors has seven members, six of whom are independent. They are: Philip Marineau, board chairman, Jeffrey Housenbold, Shutterfly president and chief executive officer; Pat House, cofounder Siebel Systems; Eric Keller, president and chief executive officer of Movaris; Stephen Killeen, former president and chief executive officer of WorldWinner; Nancy Schoendorf, managing partner at Mohr Davidow Ventures; and Jim White, managing director with Sutter Hill Ventures.

About Shutterfly

Founded in 1999, Shutterfly, Inc. is an Internet-based social expression and personal publishing service. Shutterfly provides high quality products and world class services that make it easy, convenient and fun for consumers to preserve their digital photos and to tell their stories in a creative and thoughtful manner. Shutterfly has more than one billion images stored in its digital archive. More information about Shutterfly (NASDAQ:SFLY) is available at www.shutterfly.com. Shutterfly and Shutterfly.com are trademarks of Shutterfly, Inc.

SOURCE: Shutterfly, Inc.

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