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ProsperReport.com announces Public Citizen
to defend web site against cybersquatting,
trademark infringement, and unfair competition
accusations by Prosper Marketplace Inc.


December 24th, 2007

WASHINGTON, D.C - U.S. The nationally prominent non-profit public interest law firm Public Citizen has agreed to represent ProsperReport.com in its battle to defend free speech.

On December 14th, 2007, ProsperReport.com was sent a threatening letter by Prosper Marketplace’s lawyers accusing the site of cybersquatting, trademark infringement, and unfair competition. ProsperReport.com denies these allegations and has enlisted the help of Paul Levy and the litigation arm of Public Citizen to stop Prosper Marketplace’s attempt to stifle free speech.

On December 24th, 2007, Public Citizen sent a response letter to Prosper Marketplace's attorney rebutting these allegations.

About Prosper Marketplace

Prosper Marketplace is an auction website for person-to-person (P2P) lending. It was founded in 2006 by Chris Larsen and John Witchel.

About Public Citizen

Public Citizen is a Washington, D.C.-based organization engaged in consumer advocacy. Founded by Ralph Nader and Alan Morrison, it is a national, nonprofit consumer advocacy organization created in 1971 to represent consumer interests in Congress, the executive branch and the courts.

The Public Citizen Litigation Group, founded in 1972, is a public interest law firm that litigates cases at all levels of the federal and state judiciaries and have a substantial practice before federal regulatory agencies. They specialize in health and safety regulation, consumer rights, including class actions and access to the courts, open government, and the First Amendment, including internet free speech.

http://www.prosperreport.com/pr12212007.aspx

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