Comdisco Names Pontikes President and Chief Operating Officer.

ROSEMONT, Ill.--(BUSINESS WIRE)--Nov. 4, 1998--Comdisco, Inc., (NYSE:CDO) announced today that its board of directors has named Nicholas K. Pontikes president and chief operating officer of the company. Pontikes, 34, had been serving as chief operating officer since November, 1997. He also will continue as a member of the company's office of the president and its board of directors.

In his new position, Pontikes will continue to have executive management responsibility for the majority of the company's operations, including its Financial Management Division, Technology Services Division, (which includes desktop management, business continuity and network management services), and Diversified Technologies Group, (which includes electronics, healthcare, and laboratory and scientific groups). He has added responsibility for the company's sales force and European operations, and will continue to be responsible for its internal information technology group.

"Nick has been playing a key role in Comdisco's transformation into a technology services company," said Jack Slevin, chairman and chief executive officer. "This elevation to president is the next logical move in his career progression. It further consolidates his ability to lead our operating management in executing the day-to-day business of the company, as well as to play an increasingly active role in developing strategies for profitable growth."

Pontikes joined Comdisco in July, 1992, and was named vice president, business controls, for the disaster recovery division in February, 1993. He was named president of the division in September, 1993. He was elected a director of the company in December, 1993, and an executive vice president and member of the office of the president in July, 1994. He became chief operating officer in November, 1997.

Prior to joining Comdisco, Pontikes was principal/owner of Avalon Capital Corporation, an investment company, from 1990 to 1992. He also worked in mergers and acquisitions for The Blackstone Group from 1989 to 1990 and with Drexel Burnham Lambert from 1985 to 1989.

He attended the University of Illinois, where he studied finance.

Pontikes is a member of the board of directors of E. Morris Communications, Junior Achievement of Chicago and Transwire Communications.

Comdisco, Inc., a technology services company, is one of the world's leading providers of solutions that help organizations reduce technology cost and risk. These services include desktop management; business continuity; network services; equipment leasing and remarketing and Year 2000 testing services. Comdisco's revenue for the twelve months ended September 30, 1998, totaled $3.2 billion. For more information, visit Comdisco's Web site at http://www.comdisco.com.