Artmachine Names Executives to Lead Marketing and Engineering Efforts.

Business Editors

PALO ALTO, Calif.--(BUSINESS WIRE)--Aug. 8, 2000

Artmachine Inc., a provider of hosted brand asset management services, today announced that Grant Slade and Kevin Monahan have joined the company as Vice President of Marketing and Vice President of Engineering, respectively.

The company recently introduced a new Web-based brand asset management service for corporate marketing groups, advertising agencies and graphic design firms. The addition of two seasoned veterans to the executive team is part of a planned expansion to support the new service.

In his new position, Mr. Slade will be in charge of all aspects of product management and outbound marketing for the company. He was most recently V.P. of Marketing at iVendor, an e-commerce services provider, in a similar capacity.

Before joining iVendor, Mr. Slade ran an independent consulting practice providing marketing and strategic planning services to a wide range of Internet service and software firms, including AOL, WebTV, Apple, Netscape and Palm Computing. Early in his career Slade held a number of marketing positions at Software Publishing Corporation before joining Quote.com as V.P. of Marketing in 1997.

Mr. Slade holds an MBA from the Kellogg Graduate School of Management at Northwestern University and a B.A. in History from Yale University.

"As a marketing guy, I've felt the pain of doing asset management the old offline way," said Slade, "So I quickly saw the power of the Artmachine solution. I'm looking forward to helping other organizations make that same discovery."

As Vice President of Engineering, Mr. Monahan will be responsible for product development and quality assurance. He joins Artmachine from Communities.com, a provider of voice- and text-based community chat services in rich 3D environments, where he also held the position of V.P. of engineering.

Prior to joining Communities.com, Mr. Monahan was V.P. of Engineering at Cerebe Inc., a provider of infrastructure services to ISPs. He also held engineering management positions at Pointcast and Global Center. He has a masters degree in electrical engineering from the University of California at Santa Barbara and a B.A. in Anthropology from the University of California at Santa Cruz.

"I joined Artmachine because the company's business model, culture and technology perfectly fit my profile of the next-generation B2B success story," said Monahan. "My job is to make sure we have the engineering and technology we need for continued success as we grow."

About Artmachine Inc.

Artmachine provides Web-based content management solutions for corporate marketing groups, advertising agencies and graphic design firms. Current customers include Ericsson, PeopleSoft Corporation, Publicis & Hal Riney and Wells Fargo Bank. Artmachine's executive team is made up of seasoned experts in marketing communications, graphic arts and Internet technology. Artmachine is privately held and venture funded, with investors and board members who are veterans of the advertising and digital media industries. More information about Artmachine and its services can be found at http://www.artmachine.com.