2Bridge Names Sun Microsystems's Top Sales Executive Masood Jabbar to Board of Directors; Provides 2Bridge With Strategic Technology and Business Guidance.

Business/High-Tech Editors

SAN FRANCISCO--(BUSINESS WIRE)--June 27, 2000

2Bridge, the maker of webware that allows companies to communicate, collaborate and compete on the Web, named Masood Jabbar, senior vice president of Sun Microsystems' Global Sales Operations, to the company's board of directors. Jabbar joins 2Bridge board members Milton Berlinski of Goldman Sachs, David Braunschvig of Lazard, David Brown of Oak Hill Investors, Mark Perry of New Enterprise Associates and Mansoor Zakaria, founder, CEO and chairman of 2Bridge.

"The addition of Masood to our board is exciting for 2Bridge," said Mansoor Zakaria. "He has excellent business and technology insight, which he honed as a leader at Sun, one of the most innovative companies in the industry. Masood will absolutely add unique value to 2Bridge as we continue to innovate our open-platform eHub solution to have an immediate impact on communication and collaboration within and between companies."

Jabbar was appointed earlier this year as the leader of Sun's Global Sales Operations, which encompasses the company's current sales operations. In his new role, Jabbar leads Sun's continuing initiative to provide a consistent, integrated and responsive customer experience.

Before accepting his new position, Jabbar was the head of Sun's multibillion-dollar Computer Systems organization, overseeing all aspects of developing, manufacturing, marketing and selling of Sun's leading workstations and servers. He previously was chief financial officer and vice president of staff operations, where in addition to his responsibilities as CFO, he was responsible for business development, strategic relationships, and the operating company's acquisitions of key technologies and businesses.

Since joining Sun in 1986, he has also held such senior positions as vice president of finance and planning for Sun's field organization, director of marketing for the U.S. organization, and general manager for the Interactive Products Group.

Before joining Sun, Jabbar was at Xerox where he worked in product, corporate and field organizations. He holds an M.A. in international management from the American Graduate School of International Management, and a B.A. in economics and statistics from the University of Punjab, Pakistan.

About 2Bridge

2Bridge provides webware that allows companies to communicate, collaborate and compete on the Web. Used by leading enterprises to transform their businesses, 2Bridge's solutions are functional in days, with low up-front costs, and are optionally available as a managed ASP service. The company's award winning technology enables the creation of interactive workspaces where customers, partners, suppliers and employees can simultaneously interact and exchange ideas, access disparate business information, integrate business processes and conduct e-commerce transactions -- all in real time. 2Bridge's customers include JP Morgan, McGraw-Hill, Goldman Sachs, ABN-Amro, Lucent Technologies, Schroders plc, SAP and Visa U.S.A. 2Bridge is privately funded by institutional investors such as Goldman Sachs, Deutsche Bank, NEA, Oak Hill and ETF as well as notable private investors including Hasso Plattner, CEO of SAP; David Pottruck, CEO of Charles Schwab; John Porter, co-founder of MCI Worldcom; and Bill Schreyer, former CEO of Merrill Lynch. 2Bridge has offices in San Francisco, New York, Princeton, London and Bombay. For more information about 2Bridge please visit www.2Bridge.com.