Press Releases

ALLIDEX BOLSTERS MANAGEMENT TEAM BY NAMING MORGAN KORN CHIEF TECHNOLOGY OFFICER

CONTACT: Glen Calder 561/750-9800 ext. 16
gcalder@transmediagroup.com

FOR IMMEDIATE RELEASE:
Boca Raton, FL. March 14, 2001 - Allidex, the leading e-business broker, announced today the appointment of Morgan Korn to Chief Technology Officer of Allidex. Morgan is a software industry veteran and joins Allidex from Great Plains Software, where he was Director of Professional Services for all North American operations.

"Morgan's decade long experience will be an incredible asset to Allidex's success. His expertise includes the low level technical knowledge of operating systems, development tools and environments, networking, web & internet technologies and enterprise applications (ERP) to the business aspects of team leadership, recruiting, process engineering, P&L management, sales and marketing," said Chad Corneil, President and CEO of Allidex.

Morgan began his career with IBM, working on the development and support of OS/2 and later storage and disaster management software for the MVS OS/390 platform. Upon completion of a master's thesis focused on electronic commerce and Internet-connected database systems, Morgan joined Great Plains Software. During his tenure with Great Plains, Morgan managed the E-business strategy for multiple Great Plains' customers. He holds a masters degree in MIS from the University of Arizona, a top-five ranked program.

"Allidex has created an innovative solution to IT's biggest nagging problem- Application Integration- and am thrilled to be of the management team leading the charge for this solution," said Morgan.

Allidex, founded in 2000, is an e-business broker deploying a digital hub focused on providing software vendors, service providers and companies engaged in e-business with a solution for eliminating per-trading partner and per-application cost. Utilizing a hub and spoke approach, Allidex brokers the secure exchange of information through a single point of connection. Participants subscribe to the digital hub and gain instant access to trading partners and other connected solutions. Allidex's Application integration Network (AIN™) is a truly scalable technology that complements existing and emerging e-business technologies such as EDI, EAI and B2Bi. For additional information contact Allidex at (561) 862 -0451 or visit their website at www.Allidex.com.