Global Database and Media Firm WorthPoint Moves Headquarters to Atlanta

ATLANTA — (BUSINESS WIRE) — WorthPoint Corporation, a global database and media company for the $150 billion collectibles market, announced Thursday that it is moving its headquarters staff, media content and sales operations from Northern Virginia to the Advanced Technology Development Center (ATDC) on the campus of Georgia Tech in Atlanta.

WorthPoint Founder and CEO Will Seippel said that the company will continue to base its technology product and operations staff in Northern Virginia. The company has personnel in cities across the United States, as well as in China, Argentina, the Netherlands and the Philippines.

Founded in April 2007, WorthPoint’s web site catalogues and tracks the sales history and current value of antiques and collectibles from around the world and makes this information available to everyone.

“ATDC welcomes WorthPoint to Atlanta’s community of innovative, early-stage technology companies,” said Charles Ross, acting general manager of the ATDC. “We look forward to working with WorthPoint as the company continues to grow its unique business.”

“We’re excited to be accepted as members of the Georgia Tech community,” said WorthPoint’s Seippel. “The Advanced Technology Development Center is recognized as one of the nation’s top business incubators and it is extremely difficult to be accepted and speaks to the progress we have made. We’ll be joining more than 30 exciting technology companies at the ATDC.”

“Georgia Tech has helped make Atlanta the technology capital of the Southeast,” Seippel said. “The metropolitan area is progressive, affluent, home to a young, educated, tech-savvy workforce and is an active player the global economy, with growing to ties to Europe, South America and Asia. One sign of Atlanta’s increasing importance as a New Media and global technology center is the move by India’s Wipro Technologies, the global IT services business of Wipro Ltd., to open its new global software development center in Atlanta. Another is the financial incentives provided to New Media companies.

“These were all factors in moving our headquarters and media content and sales to Atlanta from Northern Virginia. WorthPoint will continue to grow rapidly, adding professional staff in Atlanta, building traffic to our Web site and adding new and exciting features, and securing our position as the top Web site for collectors the world over,” Seippel said.

About WorthPoint Corporation:

WorthPoint Corporation, founded in 2007, is a database and media company for the $150 billion global collectibles industry. WorthPoint catalogues and tracks the sales history and current value of antiques and collectibles from around the world, and makes this information available to everyone. The site features a library of information called the “Worthopedia”; a team of experts in a wide range of antiques and collectibles called “Worthologists”; online communities, and news of upcoming auctions and events. WorthPoint has forged business partnerships with the School of Management at George Mason University in Fairfax, Virginia, and the Advanced Technology Development Center at the Georgia Institute of Technology (Georgia Tech) in Atlanta. www.worthpoint.com

About the ATDC:

The Advanced Technology Development Center is a nationally-recognized science and technology incubator that helps Georgia entrepreneurs launch and build successful companies. ATDC provides strategic business advice and connects its member companies to the people and resources they need to succeed. More than 110 companies have emerged from the ATDC. Headquartered at Technology Square on the Georgia Tech campus in Atlanta, ATDC is part of Georgia Tech’s Enterprise Innovation Institute. ATDC companies have attracted more than a billion dollars in venture capital funding.
www.atdc.org

Contacts
WorthPoint Corporation
Stephen Johnson, 703-547-6754
E-mail: steve.johnson@worthpoint.com
or
Advanced Technology Development Center (ATDC)
John Toon, 404-894-6986
E-mail: john.toon@innovate.gatech.edu