LAGUNA NIGUEL, Calif. March 5, 2009 – Trading Places International is proud to announce the opening of two new offices in the Southern and Eastern regions of the United States. Kraig Woodrow has been named the new Chief Information Officer of Trading Places, and will be located in the Southeast office in Lakeland, FL. Trading Places has also opened a satellite services office in Franklin, TN. Karen Donohue has been promoted to Operations Manager and will be running the Tennessee office.

Kraig Woodrow has developed software for Trading Places since 1991, and is now officially a TPI employee with his new position as Chief Information Officer. He brought TPI’s exchange services online and continues to enhance the applications with new features and tools. With more than 25 years in the IT industry, Kraig has extensive knowledge of hardware analysis and the ability to audit existing hardware systems.

“I am looking to invest all of my career experience into TPI, specifically to help leverage TPI’s business growth and market position,” said Kraig. “I look forward to all the opportunities and new ventures with Trading Places International and I am excited to be a part of this great family.”

Trading Places has also expanded into Franklin, TN, with the addition of a new satellite services office. Karen Donohue, Operations Manager, relocated from the corporate office in California to head up the satellite. Karen’s essential functions include supervising Quality Control for the satellite and exchange divisions, overseeing the CSA Vacation Ownership Insurance program, training employees on TPI policies and procedures, and assisting with new business development.

“It has been exciting to see the growth at Trading Places during my nine years with the company,” said Karen. “I feel privileged to be the face of TPI in this beautiful part of the country.”

Trading Places is a 35-year veteran of the travel and vacation ownership industries. It is the only vertically integrated, independent timeshare company that provides exchange and rental services, full-service resort management, as well as a full-service travel agency. It currently manages over 45,000 timeshare owners at 30 resort locations in North and South America, and Mexico. www.tradingplaces.com.

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