ZipRealty Inc. Announces General Counsel Transition

EMERYVILLE, Calif.--(BUSINESS WIRE)--ZipRealty, Inc. (Nasdaq: ZIPR) announced today that Larry Bercovich, Vice President and General Counsel, will be leaving the company to pursue other opportunities. He will continue to serve as the Company's General Counsel through October 31, 2009, ensuring a seamless transition for all legal matters.

Samantha Harnett, Vice President and Assistant General Counsel will be promoted to Vice President and General Counsel, effective November 1, 2009. Ms. Harnett joined ZipRealty in 2005 and since that time has contributed significantly to the strategic direction of the company’s legal, business and human resource functions. As General Counsel, Samantha will provide valuable strategic input to all aspects of ZipRealty’s business and manage the Company’s legal functions and team.

Pat Lashinsky, President & CEO of ZipRealty commented, "On behalf of the entire executive team, I want to thank Larry for his contributions to ZipRealty’s growth and success. Since joining the Company in 2007, he has played an important role leading our legal team. We are also excited that Samantha will be taking on the General Counsel role. Over the years, she has demonstrated exemplary legal skills and leadership capabilities, and continually demonstrates values consistent with those of our core culture."

About ZipRealty, Inc.

ZipRealty is a full-service residential real estate brokerage firm and operator of a leading website and online services focused on residential real estate. The Company utilizes its user-friendly website and employee real estate agents to provide homebuyers and sellers with high-quality service and value. ZipRealty's website provides users with access to comprehensive local Multiple Listing Services home listings data, as well as other relevant market and neighborhood information. The Company's proprietary business management system and technology platform help to improve productivity and reduce costs, allowing the Company to pass on significant savings to consumers as permitted by law. Founded in 1999, the Company operates in 36 major markets in 22 states and the District of Columbia. For more information on ZipRealty, visit www.ziprealty.com or call 1-800-CALL-ZIP.

FOR FURTHER INFORMATION:
Investor Relations:
Tom Ryan/Raphael Gross, 866-947-4663
OR
Media:
Marcus Gamo/Aimee Grove, 415-277-4925
ziprealty@allisonpr.com