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Technology Stocks : NewsEdge (NEWZ = INDV + DTOP)
NEWZ 26.70+0.1%May 17 4:00 PM EDT

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To: Ms. Baby Boomer who wrote (2345)8/29/2000 10:35:59 AM
From: Ms. Baby Boomer  Read Replies (1) of 2365
 
NEWZ additions to senior management team ...

Monday August 28, 8:58 am Eastern Time

NewsEdge Announces Key Additions to Senior Management Team
Appointments of Seasoned Marketing Professionals to Drive Company's eContent Strategy

BURLINGTON, Mass.--(BUSINESS WIRE)--Aug. 28, 2000--NewsEdge Corporation (NASDAQ: NEWZ - news), a leading syndicator of eContent and global news services today announced the appointments of Lee Phillips as vice president, product and content management and David Scott as vice president, corporate marketing. The new appointments add industry depth and marketing savvy to NewsEdge's management team.

In his new role, Phillips is charged with overall service vision and direction and will oversee the Company's product and eContent syndication strategy. In his corporate marketing position, Scott is responsible for all aspects of branding, corporate communications and marketing communications.

``The appointments of Lee and David are critical to the development of our evolving eContent strategy,'' said NewsEdge CEO Cliff Pollan. ``Their decades of experience and diverse backgrounds compliment our talented management team. Now we've got the senior people in place to accelerate the execution of our focus on providing existing and new customers with the eContent services to power the estimated 2.5 million business oriented Web sites worldwide.''

Lee Phillips comes to NewsEdge with broad experience in product marketing, product management and business development. Most recently, as co-founder and vice president of Marketing and Business Development at eCopyit.com, he led those activities for an Internet infrastructure start-up offering distributed document capture and secure, direct delivery of documents. Prior to eCopyit, as senior vice president of marketing and Business Development at GammaGraphX, he helped build the firm into a three-time winner in Deloitte & Touche's annual ranking of fastest growing technology firms in New England. His background includes senior management responsibility and experience in publicly-held and private companies, for leading publishers of information and software - including Ziff-Davis Publishing, Borland International (Inprise), Lotus Development (IBM), Information Resources, and Nolan, Norton & Co. (KPMG). Lee is also a director of Writeread.com, an online community for writers. He holds degrees from Dartmouth College and the University of Michigan.

David Scott brings fifteen years experience in the marketing and selling of global eContent services, strategic marketing and corporate communications. At NewsEdge, he has held senior international and vertical marketing roles. He has also held management positions at RoweCom, a B2B eCommerce company and in the eMedia division of Knight-Ridder in Asia. Scott is a board member of virtualexpat.com and is the author of Eyeball Wars: a novel of dot-com intrigue, which will be published in early 2001. He holds a BA with distinction from Kenyon College.

NewsEdge Corporation

NewsEdge Corporation (Nasdaq: NEWZ - news) is a leading provider of eContent syndication for Web sites and corporate intranets. NewsEdge eContent attracts specialized audiences, fosters high-frequency usage, promotes Web site ``stickiness'' and ultimately cultivates eCommerce. NewsEdge serves more than 1,700 sites and companies with highly targeted eContent solutions including eTopics(TM), iTopics(TM), NewsEdge Insight(TM), NewsEdge Live(TM), and NewsEdge Review(TM). The NewsEdge Refinery(TM) combines a patented combination of sophisticated technology and human editorial review to deliver highly targeted eContent on more than 1,500 business topics from more than 2,000 sources. NewsEdge partners include Autonomy, Northern Light, Plumtree and Verity. NewsEdge is headquartered in Burlington, Massachusetts, with offices and distributors throughout North America, South America, Europe, Japan and the Middle East. For more information about NewsEdge Corporation, please visit newsedge.com.

(c)NewsEdge Corporation, 2000, all rights reserved. NewsEdge is a registered trademark of NewsEdge Corporation. All other product or service marks mentioned herein are those of NewsEdge or their respective owners.
Certain of the above statements on the Company's future revenue and financial performance are forward-looking statements that involve risks and uncertainties. Actual results could differ materially as a result of a variety of factors including, risks associated with acquisitions, the timely development and acceptance of new products, competitive developments, the success of relationships with third parties, and other risk factors described from time to time in the Company's SEC reports.

--------------------------------------------------------------------------------
Contact:

NewsEdge
Paul Joyal
781-229-3000
paul.joyal@newsedge.com
or
Schwartz Communications
Laura Senturia
781-684-0770
lsenturia@schwartz-pr.com
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