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MOMENTA ANNOUNCES INDUSTRY VETERAN DEL YOCAM AS CHAIRMAN, PRESIDENT AND CEO

 MOMENTA ANNOUNCES INDUSTRY VETERAN DEL YOCAM
 AS CHAIRMAN, PRESIDENT AND CEO
 Bill Hambrecht Joins Board of Directors;
 Additional Financing Commitments
 MOUNTAIN VIEW, Calif., April 3 /PRNewswire/ -- Momenta International today announced the appointment of Delbert W. Yocam to the post of chairman, president and chief executive officer. The company also announced the addition of Bill Hambrecht to the Momenta board of directors and commitments for substantial additional financing.
 "Del has a proven track record in leading and growing emerging technology companies," said Fred Nazem, managing general partner of Nazem & Co. and a Momenta director. "As Momenta evolves from a venture funded start-up to a rapidly growing systems company, it is appropriate to add the management skill, industry expertise and leadership that Del provides."
 "From the beginning, our strategy has been to add an industry veteran with senior operations experience to lead Momenta as it grows into a major company," said Kamran Elahian, former president and CEO of Momenta. "Following our product introduction in 1991, we began our search for the industry's best and most experienced leader. We are pleased to have Del on board."
 "Kamran has played a critical role at Momenta," said Yocam. "He has raised over $28 million in financing, brought together an experienced team of managers and inspired the development of the market's first pentop computer. His continuing contribution is important to the company."
 Elahian plans to remain at Momenta as a senior member of the executive staff as the executive vice president responsible for strategic partnerships.
 Prior to Momenta, Yocam, 48, held several senior management positions at Apple Computer including chief operating officer, president of Apple Pacific and Apple Education, and general manager of the Apple II division. Under Yocam's leadership from 1985-1988, Apple's revenue grew from $1.9 to over $4 billion and operating income rose from $102 to $620 million.
 Before joining Apple, Yocam held management positions at Fairchild Camera and Instrument Corp., Computer Automation Inc., Control Data Corp., and the Ford Motor Co. New Board Member & Additional Financing.
 Bill Hambrecht, president and co-chief executive officer of Hambrecht and Quist Inc., has joined Momenta's board of directors. "Momenta is well positioned with their products and technology to take advantage of the emerging pen-based market," said Hambrecht. "Del has proven his ability to lead a major personal computer company through significant revenue growth."
 In addition, Momenta has received commitments for substantial additional financing, which will be complete shortly.
 Momenta International, based in Mountain View, was founded in 1989 by a team of computer industry veterans. The privately held company designs computers and software specifically for the pen computing market. The company's mission is to develop computers for business professionals who need powerful computing solutions that are not limited to the keyboard.
 -0- 4/3/92
 NOTE: Momenta is a trademark of Momenta International. Other brand or product names are trademarks or registered trademarks of their respective holders.
 /CONTACT: Beth Fisher or Melanie Taylor of Momenta International, 415-969-3876/ CO: Momenta International ST: California IN: CPR SU: PER


DG-MM -- SJ002 -- 4723 04/03/92 09:03 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 3, 1992
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