Crossvue Taps Glenn DuBois as Vice President of Sales and Client Services; Retail Industry Veteran Brings More Than 15 Years of Experience to Digital Receipts Provider.

Business/High-Tech Editors

SAN JOSE, Calif.--(BUSINESS WIRE)--April 2, 2001

Crossvue, a provider of Digital Receipt Services to leading retailers, has named industry veteran Glenn DuBois as its vice president of sales and client services.

DuBois will lead both the Crossvue sales and client services teams and help drive the company's outreach to major retailers across the United States.

DuBois brings more than 15 years of experience developing and implementing winning sales strategies for companies within the retail industry. Prior to joining Crossvue, DuBois served as vice president of sales for QRS Corporation, where he led a directional shift to Internet-based supply chain solutions. Throughout his career, Glenn has successfully directed organizations that sold a diverse range of both tangible goods and B2B services. DuBois honed his skills at a number of leading retail industry companies, including Liz Claiborne, Inc., Levi Strauss and Company, and VF Corporation.

"Glenn has repeatedly demonstrated his ability to garner significant sales victories. He will leverage his proven record of success to develop and execute a comprehensive sales strategy that will capture a leading share of our target market," said Aziz Valliani, chief executive officer of Crossvue. "Glenn's industry specific experience and insight make him a valuable addition to the Crossvue team."

Crossvue eliminates the paper receipt process by enabling instant digital receipt retrieval via the Internet. The company's services help merchants lower their cost of operations and enhance customer relations with better service and response times for customer issues. In addition, Crossvue helps merchants reduce fraud and charge-back issues by enabling them to work more efficiently with credit card companies. By aggregating line item purchasing information across all customer touch-points, Crossvue's services allow retailers to exceed customer demand for a more personalized shopping experience and increase the lifetime value of their customer base.

About Crossvue

Crossvue, Inc., formerly ReceiptCity, is a provider of Digital Receipt Services that use patent-pending technology to track and retrieve electronic receipts. Tailored specifically for the retail market, Crossvue's browser-based technology allows retailers to leverage customers' transaction events and details across all sales channels to streamline operations, enable personalized marketing and enhance customer service. Based in San Jose, California, Crossvue was formed in January 2000. More information is available online at www.crossvue.com or email [e-mail].

Except for historical information contained herein, the matters set forth in this press release are forward looking statements. Such statements involve known and unknown risks, uncertainties and other factors which may cause actual events to differ materially from expectations. Such factors include the following (1) technological, engineering, quality control or other circumstances which could delay the sale or delivery of the Company's products; (2) economic, business, market and competitive conditions and technological innovations which could affect the Company's business; (3) the Company's inability to protect its trade secrets or other proprietary rights, operate without infringing upon the proprietary rights of others or prevent others from infringing on the proprietary rights of the Company; and (4) general economic and business conditions and the availability of sufficient financing.

Crossvue is a trademark of Crossvue, Inc. in the United States and or other countries.