The companys share buyback provides a 150% profit for exiting shareholders in one year

Dubai, June 10, 2015

eureeca.com, the first global equity crowdfunding platform, announced today that Search in MENA is the first business to provide an exit opportunity to investors on the platform. The exit is significant for all those interested in investing in businesses on the platform as it demonstrates the effectiveness of the Eureecas equity crowdfunding model.

Search in MENA, of which Dubai Silicon Oasis Authority is a 28% shareholder, is a B2B online marketplace that lists products, services and companies in the region and provides businesses with a way to increase their online presence and better reach their target audience. It recently completed a share buyback that allowed investors from its 2014 fundraising round on Eureeca to exit with a 150% profit on their year-long investments that is, a $10,000 investment returned $25,000.

This is a resounding endorsement of the high-yielding returns that can potentially be generated by investing in businesses on the Eureeca platform, and it effectively addresses concerns around how people can get their capital out of investments in the equity crowdfunding space, said Sam Quawasmi, Co-founder and Managing Director of eureeca.com.

The equity crowdfunding market grew by 182% in 2014, with $1.1 billion raised through these platforms globally, and companies focused on business and entrepreneurship such as Search in MENA have grown at the fastest pace.1

Commenting on the share buyback, Salim Akil, Founder of Search in MENA, said: We see enormous potential for the growth of our offering, as 85% of the regions businesses are still not online. The very healthy returns that we were able to provide many of our shareholders are indicative of this potential starting to be reached for Search in MENA. We are confident we will continue to be able to deliver strong returns, as we look to build on our ambition to become the Alibaba of the Middle East.

Eureeca harnesses the power of the internet to allow the crowd to become shareholders and invest, alongside professional investors, in exciting businesses. Founded in Dubai by former investment bankers, it recently received regulatory approval from the UK's FCA, which highlights the high standard of their investor protection controls and opens up new cross-continent growth opportunities.

1 - Massolution - http://www.marketwired.com/press-release/crowdfunding-market-grows-167-2014-crowdfunding-platforms-raise-162-billion-finds-research-2005299.htm

- Ends -

About Search in MENA
Search in MENA is a B2B online marketplace that lists products, services and companies in the region and provides businesses with a way to increase their online presence and better reach their target audience.

It is part of MENA Network LTD and is based out of Dubai Silicon Oasis Authority (DSOA) in the UAE. MENA Network LTD has offices in Dubai, Riyadh and San Francisco.

For more information, please visit: http://www.searchinmena.com/      

About Eureeca
Eureeca is the first global regulated equity crowdfunding platform that democratises the investment process by allowing the crowd to become shareholders and invest, alongside angel and institutional investors, in exciting businesses.

For early-stage businesses and SMEs, accessing capital is one of the biggest challenges they will face, and Eureeca makes the capital raising process more accessible and efficient than ever before. By seeking investment from the crowd, businesses can secure the funds they require to grow, develop a large following of loyal brand ambassadors, and market their product or service to the masses. As of May 2015, 13 businesses have been successfully funded on Eureeca.

Eureeca Ltd. is a subsidiary of Eureeca Capital SPC, with offices in London. Eureeca Ltd. is authorised and regulated by the UKs Financial Conduct Authority (FCA) under license number 624555.

Eureeca.com was founded in 2013 by experienced investment professionals, Chris Thomas and Sam Quawasmi. It is a founding member of the U.S. based National Crowd Funding Association (NLCFA).

For more information, please go to: www.eureeca.com

Press Release 2015