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PayPal to Open Technology Center in Scottsdale; New PayPal Facility Currently Accepting Applications for Hundreds of Technical Positions

SAN JOSE, Calif. & SCOTTSDALE, Ariz.--July 11, 2006--PayPal today announced it will open a new technology development center in Scottsdale, Arizona and plans to hire hundreds of local technical professionals in the coming year.

"PayPal has distinguished itself as an innovative leader in the payments industry," said Arizona Governor Janet Napolitano. "Arizona can be proud that PayPal has selected our State as a place where it can continue to grow its business, and deliver secure and convenient online payment services for millions of Internet customers and businesses."

PayPal Vice President of Site Operations and Infrastructure Jim McGuire said the company is now accepting resumes from experienced applicants, who can apply for positions at https://www.paypal.com/jobs. The PayPal technology center has openings for technical professionals with expertise in product development, operations and infrastructure design, engineering and support.

"Scottsdale and the surrounding area is home to a large and skilled workforce, many of whom can find great opportunities at PayPal's new technology center," said McGuire. "We look forward to working with this large base of talented professionals, and supporting the growth of the local community."

"We are very excited to expand our presence in Arizona," said Jeff Jordan, President, PayPal. "We are confident that Scottsdale will be a great place to help PayPal grow our business and support our customers around the world."

"The City of Scottsdale is delighted to welcome another great technology company," said Mayor Mary Manross. "PayPal's decision to establish a technology development facility here reinforces the fact that Scottsdale is emerging as a leading location for advanced technology because we have a vibrant economy, an outstanding workforce and a superior quality of life."

"eBay and PayPal are innovative, global technology companies that will increase the region's visibility as a destination for next-generation companies," said Barry Broome, President and CEO of the Greater Phoenix Economic Council. "Kudos to Mayor Manross and the Scottsdale City Council for creating an environment that attracts companies of this caliber."

With locations in San Jose, Calif., Dublin and the Omaha, Neb., area, PayPal is noted for its exceptional work environments and its commitment to both employees and community.

About PayPal

Founded in 1998, PayPal, an eBay company, enables any individual or business with an email address to send and receive payments online securely and easily using a bank account, credit card or stored balance. Because PayPal allows customers to shop online without sharing their financial information with merchants, privacy is built into the service. PayPal has more than 105 million accounts and is available to users in 55 markets around the world. More information about the company can be found at https://www.paypal.com.

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