Airput Solidifies Senior Management Team and Advisory Board

Norristown, PA -- January 9, 2001 -- Airput, the first vertical application mobilizer for business-critical field operations, introduced its senior management team and announced its advisory board that includes leaders in the fields of Internet technology and corporate operations.

"We are very excited and proud of our management team and the strong advisory board that has come on board to help us grow our company. They have been instrumental in supporting our upcoming launch of AirHours in February," said Rick O'Brien, Airput's CEO and Co-founder. AirHours is Airput's first wireless Web solution that allows field-based personnel to enter and receive time-critical timesheet and project information, using Internet-enabled wireless devices and PC-based Internet browsers.

Members of the advisory board include:

  • Stephen M. Goodman - Morgan, Lewis and Bockius LLP Goodman, the preeminent legal council for Internet business in the Philadelphia area, will provide Airput with the legal support, business advice and key contacts that the company needs to meet its aggressive business objectives. Goodman has a proven record of success with high-tech start-ups having worked closely with companies such as VerticalNet, CDNow and ICG Commerce.

     

  • Mel Baiada - CEO/President - Sengen, Inc. As one of New Jersey's most successful technology entrepreneurs, Baiada is responsible for the mission and vision of Sengen and the firm's commitment to innovation and responsibility in business. In 1989 Baiada founded Bluestone, Inc. to provide technology experience to Fortune 1000 companies and government agencies. This multi-million dollar company was on the list of the top 500 fastest-growing, privately held companies for three straight years. Later Bluestone divided in Bluestone Consulting, which evolved into Sengen, and Bluestone Software, which was recently acquired by Hewlett Packard. Baiada will provide Airput with valuable advice related to the company's technical and business direction.

     

  • Ian J. Berg - Managing Director - Eastern Technology Fund As Managing Director of Eastern Technology Fund, a venture fund that provides seed capital for seed-stage Internet and technology companies and feeder fund for Safeguard (NYSE: SFE) and PA Early Stage, Berg brings to Airput strong experience in the areas of strategic funding and financial management. Prior to establishing Eastern Technology Fund, Berg founded and served as President and CEO of Copelco Financial Services Group. When he left Copelco in 1999, it had amassed over $5 billion in assets, with over 1,600 employees and $500 million in revenues in the United States, Canada and Europe.

     

  • Terry Williams - CEO - T. Williams Consulting Williams founded and runs T. Williams Consulting, a national leader in strategic and tactical staffing services. He has twenty years of experience consulting with Fortune 500 companies as well as start-ups. Williams is working with Airput providing assistance in strategic planning and resource related issues.

     

  • John G. Alfieri - Vice President, Business Development - Giganet, Inc. Alfieri brings to Airput eighteen years of sales management and distribution experience in the high technology arena. Prior to Giganet, Alfieri held the position of President of American Sales and Service for Dialogic, where he was instrumental in developing its sales organization. Alfieri is working with Airput to help define strategic direction and sales/marketing strategies to support the launch of the company's initial products.

     

  • David Brodie - Senior Vice President - Wohlsen Construction Company. His twenty years experience in the construction business makes Brodie a valuable asset to Airput. His understanding of the construction industry operations requirements has already helped the company shape the AirHours application and business model.

     

  • William Siegenthaler - Vice President - Villanova Capital As COO of Villanova Capital, an independent asset management firm, Siegenthaler works to serve the needs of institutional investors. Siegenthaler has a strong financial management background and is helping Airput with strategic planning involved with financial issues.
Along with O'Brien, Airput's senior management team includes Jim Wolsky, Chief Operating Officer and Co-founder, and David Foltz, Director of Operations/Controller.

"We are extremely proud and confident in the entire team we have attracted," says Jim Wolsky. "The diversified experience that each of the members brings to Airput is critical to our success. Our members have expertise in digital hardware/software products, engineering and diversified management and consulting services," Jim added.

O'Brien brings to Airput 19 years of management, sales and marketing experience in a number of high-tech fields. His experience founding and running several technology driven start-up companies has been a paramount asset to Airput's growth. As former CEO and President of PCvoice, Rick was involved in the development, marketing and sale of patented, digital voice hardware and software products.

Wolsky provides Airput with the solid engineering and engineering management skills it needs to develop and support new wireless Internet solutions. Prior to Airput, Wolsky had founded and successfully managed Versatile Concepts, a software engineering firm whose client base included Intel, DuPont, Xerox and Comcast Cellular.

Foltz, who holds a MBA degree from the Wharton School of the University of Pennsylvania, brings to Airput his expertise in management, consulting, and customer service. As the former Director of Customer Service for U.S Water, Foltz was involved in the application design and implementation of the entire customer service function.

About Airput

Airput is the first vertical application mobilizer, partnering with both software providers and wireless data carriers to optimize their customers' business-critical, field operations. Airput's mobile solutions enable software providers serving vertical markets with large field operations, such as construction and real estate, to extend their application interfaces via web-enabled mobile phones, and other wireless devices. Wireless carriers utilize Airput's mobile productivity tools to add value to wireless data services now being offered to existing wireless voice customers. Airput is headquartered in suburban Philadelphia, Pa., and its investors include the Eastern Technology Fund and PA Early Stage, a Safeguard Scientifics, Inc. (NYSE: SFE) affiliated private equity fund.



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