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Former Nokia, Citibank And Turner Broadcasting Starlounge Division Senior Executive, Peter Karsten Joins TagLikeMe Corp. As CFO





LONDON, Sept. 26, 2012 /PRNewswire/ -- TagLikeMe Corp. ("TagLikeMe" or "the Company") (OTCQB:TAGG), a social media development company, today announced that experienced mobile and Internet technology development executive Peter Karsten has joined the Company as its new Chief Financial Officer.

Peter Karsten has an exemplary 25 year record for developing technology with Fortune 500 global companies, including leading divisions in the telecom, banking, mobile, online gaming and social media sectors. His positions have ranged from Vice President in Citibank's Mobile Banking division to Executive Chairman and CEO with Cecure Gaming, an online gaming venture he founded in 2001.

Most recently, Mr. Karsten was the Senior Vice President of Starlounge, a Turner Broadcasting portfolio company based in London and Stockholm. Under his guidance Starlounge leveraged relationships with MSN, Terra, and Turner Broadcasting / CNN to create new sales channels with Terra Brazil, Nokia, Samsung TV and RBC in Russia. The company built an online eco system that serves over 20 million monthly unique visitors.

Over his career, Mr. Karsten has been directly responsible for developing technology divisions and integrating them within large partner environments. These include direct development with Sony Ericsson for Software-as-a-Service, co-marketing agreements with Vodafone, O2, Orange and T-Mobile, as well as licensing to Nokia and Philips. He has also managed and grown sales divisions, initiated joint ventures with large partners and raised funds though financial institutions and venture partners.

Richard Elliot-Square, President and CEO of TagLikeMe Corp. states, "Having Peter Karsten join the Company at this early stage is a tremendous asset. His knowledge of our industry and strong connections within the finance and tech industries give us a considerable leg up when it comes to developing financial resources, dealing with large partners and building our internal IP. We are fortunate to be able to call on his experience."

Peter Karsten received his Masters Science degree in Applied Physics from the Royal Institute of Technology, Sweden. He is a resident of London, England.

About TagLikeMe Corp.

TagLikeMe Corp. owns and operates TagLikeMe.com, an Internet services platform that combines the most commonly used functions of search and social media interaction in one destination. TagLikeMe.com allows individuals to search the Internet by using the top three search engines of Yahoo™, Bing™ and Google™, in addition to viewing related activities from popular social media based sites such as Facebook™, YouTube™, Twitter™ and Wikipedia ™ in a single search inquiry. It also gives searchers the opportunity to connect, chat and share with others worldwide that might be searching similar topics. This adds a much-needed human element to search and online social interaction.

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