Terapeak Partners with Yahoo! JAPAN

Victoria, BC - July 14, 2011 – Terapeak is pleased to announce a strategic partnership with search engine and auction giant Yahoo! JAPAN.

Terapeak is forging a strategic alliance with Yahoo! JAPAN, signing the first-ever data licensing agreement with the largest ecommerce marketplace and search engine in Japan. Already a leading provider of ecommerce data to worldwide merchants through its agreements with eBay and PayPal, Terapeak will now also make data available from Yahoo! JAPAN’s extremely successful auction and ecommerce platform. This agreement will enable Terapeak to include analysis of historical transaction and auction data from the Yahoo! JAPAN auction site to a far wider set of merchants. In March 2011 alone, an average of 21.74 million items was listed for sale on Yahoo! Auctions and Yahoo! JAPAN boasted 238.33 million unique browsers, demonstrating Yahoo! JAPAN’s clout as one of the most trafficked Internet destinations in Japan.

Leveraging its rich analytics capabilities, Terapeak will enhance its first-ever Software-as-a-Service (SaaS) market and pricing research tool for merchants using the Yahoo! Auctions platform. Building on its Victoria-based operations, Terapeak will continue to create new jobs within Victoria’s high-tech industry while continuing to provide global solutions.

“We are very excited about this partnership,” commented Colin How, President of Terapeak. “This agreement provides a tremendous opportunity for both Yahoo! JAPAN and Terapeak, as well as the technology industry on Vancouver Island. Yahoo! JAPAN has an exceptional reputation as a leading brand and we are delighted that their merchants will be able to take advantage of the ecommerce market data products that Terapeak has built its reputation on.”

“Yahoo! JAPAN is happy to announce this business relationship with Terapeak”, added Koichi Imamura, Senior Vice President for Ecommerce Planning Division of Yahoo! JAPAN. “Both Yahoo! JAPAN and Terapeak are dedicated to providing a quality user experience and we believe that this alliance will result in a winning integration of market data, leading to opportunities for our merchants.” About Terapeak