BUSINESS-TO-BUSINESS INCUBATOR, WINGSPRING, HIRES CHIEF PEOPLE GURU

Christine Legg, formerly of Distribution Dynamics, Joins as VP of Human Resources

PLEASANTON, CA (June 20, 2000) — Wingspring, a new business-oriented incubator driven by the goal of dramatically accelerating time to market and significantly increasing market success of the companies it incubates, had a strategic purpose in developing its 35,000 square foot state-of-the-art Incubation and Technology Center in commuter-friendly Pleasanton. By situating its full-service incubation facilities in close proximity to the extensive pool of talent in the San Francisco-Silicon Valley-Contra Costa high tech triangle, Wingspring can recruit more outstanding talent, such as Christine Legg, who recently joined Wingspring as Chief People Guru. Legg fulfills the role of Vice President of Human Resources for Wingspring by managing all aspects of people recruitment, development and retention to Wingspring and its portfolio companies.

"As Chief People Guru for Wingspring, I plan to play a key role in the development and acceleration of our portfolio companies," said Legg. "We are extremely dedicated to our recruitment efforts, for example, we have already hired a dynamic in-house recruiting team that is exceeding the industry standard for efficiently hiring outstanding talent."

Currently, Legg manages seven full-time Wingspring recruiters that work at the Incubator; and the staff is growing weekly. These in-house recruiters focus on hiring the 'best and brightest' employees for Wingspring's portfolio companies.

Formerly Senior Vice President of Human Resources for Distribution Dynamics, Inc., a leading provider of logistical supply solutions to OEMs, Legg brings extensive experience to Wingspring. While at Distribution Dyanmics, Inc. Legg was successful in establishing numerous nationwide programs which were essential to the company's financial and cultural success following its six acquisitions. Prior to joining DDI, Christine held several senior human resources positions in the Silicon Valley, including Director of Human Resources for Digital Video Systems, a commercial electronics company. She was also Senior HR Consultant for Interim HR Solutions, where she worked with more than 30 pre-IPO, emerging growth companies and affiliates, including Wired Ventures, Puma Technology and Venture Law Group.

About Wingspring

Wingspring is a Palo Alto-based "springboard" for new business-to-business Internet ventures. Founded in January 2000 by five Silicon Valley entrepreneurs, Wingspring combines early stage investment with in-depth experience to accelerate business development and market success. Wingspring's team of Internet and e-commerce professionals offer support in all areas of business development, helping entrepreneurs develop a sustainable business model; create a powerful financial plan; develop scalable technology; create a strategic marketing program; recruit top talent; and, in general, optimize all opportunities facing a start-up business. Wingspring's state-of-the-art Incubator and Technology Center is located in Pleasanton, Calif.

Through its "Gang of Five" founding partners, Wingspring provides a 360-degree perspective — encompassing a wealth of real-world business experience. The five Wingspring founders include Ofir Kedar, Managing Partner and Co-founder, former CEO of SQRIBE (now Brio Technology); Alan Fisher, General Partner and Co-founder, former CTO of Onsale (now Egghead.com); Dianne Snedaker, General Partner and Co-founder, former President of Ketchum Advertising; Timothy Taich, General Partner and Co-founder, Silicon Valley attorney and Principal in Palo Alto Ventures; and Avrami Tzur, General Partner and Co-founder, former CEO of ProSight.

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