Collaborex Names Sheinfeld to Head Its Canadian Operations.

Business Editors/Hi-Tech Writers

FAIRFAX, Va.--(BUSINESS WIRE)--Aug. 10, 2000

Key Technology Executive Joins Talent Magnet(TM)

Collaborex, Inc., a radically new business-to-business (b-to-b) solutions provider, today appointed Mark Sheinfeld as Senior Vice President and President, Collaborex Canada. Sheinfeld is charged with expanding the company's operations throughout Canada from the base office in Toronto. He had previously been the Senior Vice President of Outsourcing, Technology and Deployment Services for EDS Systemhouse.

"It's a once-in-a-lifetime experience to join a team such as Collaborex and

deliver on the vision of radically new business-to-business solutions. Couple that with the current market conditions in Canada -- in which the demand for experienced technology solution providers well exceeds the supply -- and the opportunity to grow Collaborex's Canadian business is phenomenal," said Sheinfeld.

"Mark has a distinguished career in delivering technology solutions to customers," said Collaborex CEO, Andrew Nash. "At EDS Systemhouse, he was responsible for revenues in excess of $900 million covering all aspects of technology solution delivery - outsourcing, development and systems integration. We are very proud to have secured Mark's leadership talent, business development expertise and exuberance for the Collaborex team."

Sheinfeld brings to Collaborex over two decades of executive leadership experience accumulated through positions at industry leaders such as SHL Systemhouse and IBM Canada. Having joined EDS Systemhouse in 1990, Sheinfeld rose to his most recent position of Senior Vice President, responsible for the company's Outsourcing, Technology and Deployment services division. During his 18 years at IBM Canada, where he first began his career, Sheinfeld developed an expertise in sales management, product management, customer care, operations and marketing program management.

Despite intense competition for the best and brightest b-to-b professionals, Collaborex continues to acquire industry-leading talent with deep technology integration and services expertise. It has succeeded in doing so by developing a culture based on collaboration and the fundamental values of excellence, experience and exuberance. The company continually seeks to expand its world-class team with top-notch talent. To learn more about a product management, development or consulting role, e-mail [e-mail].

Note: Sheinfeld photo available. E-mail request for photo to [e-mail].

About Collaborex

Collaborex was created to meet the demand for radically new, more agile, end-to-end, b-to-b solutions, as enterprises blast through firewalls and fire up new business models. The company conceives, architects, and delivers complete b-to-b solutions for Global 2000 organizations moving from "bricks and mortar" to the vastly more strenuous pace of b-to-b commerce. It offers rapid solution deployment, integration, and hosted services--and it meets speed and complexity head on with the collective strengths and resources of collaboration. With fast, iterative, highly integrated solutions, Collaborex helps clients to accelerate time-to-market and maximize b-to-b investments. Wherever, however, whoever, we get the future done.

Collaborex was founded in February 2000 with a strategic investment from FBR Technology Venture Partners. The company is headquartered in Fairfax, Virginia and has additional offices in Atlanta, Boston, Reading (UK), and Toronto. For more information, call 703.279.3160 or visit www.collaborex.com.

Collaborex and Talent Magnet are trademarks of Collaborex, Inc. in the United States and certain other countries.