In addition to Chairman & CEO Randy Storch, and Chief Technology Officer Omey Nandyal, Open Port's board of directors is a strong mix of software industry, financial services industry and entrepreneurial development experts. Each director's background is a crucial component in forming and guiding the growth of Open Port, now and in the future.

Peter J. Barris has served as a director of Open Port since March 1997. He has been a general partner of New Enterprise Associates, a venture capital firm, since 1993. He specializes in investments in information technology companies. Before joining NEA, Mr. Barris was president and chief operating officer of Legent Corporation, a systems software manufacturer, and senior vice president and general manager of the systems software division at UCCEL. Mr. Barris also serves as a director of CareerBuilder Inc., a provider of recruitment products and services, and Mobius Management Systems, Inc., a provider of software products.

Thomas J. Crotty has served as a director of Open Port since March 2000. He has been a general partner of Battery Ventures, a venture capital partnership focused on investments in communications, software and Internet/e-commerce companies, since 1989. Mr. Crotty served as an observer at our board meetings from June 1998 to February 2000. Prior to joining Battery Ventures, he worked at Abacus Ventures, a partnership specializing in communications investments. Mr. Crotty also serves as a director of Witness Systems, Inc., a software provider.

Royce J. Holland has served as a director of Open Port since February 1997. He is chairman and chief executive officer and co-founder of Allegiance Telecom, Inc., a competitive local exchange carrier headquartered in Dallas, Texas that was formed in 1997. Previously, Mr. Holland was president and one of several co-founders of MFS Communications Company, Inc., a competitive local exchange carrier with operations in 52 metropolitan areas in North America, Europe and Asia, from January 1992 to December 1996. Mr. Holland also serves as a director of Choice One Communications, Inc., an integrated communications provider of broadband data and voice telecommunications services, and CSG Systems International, Inc., a provider of customer care and billing solutions to the communications industry.

Donald R. Hollis has served as a director of Open Port since December 1996. He is president of DRH Strategic Consulting, Inc., which assists clients in developing strategies for leveraging technology and quality practices to improve payments related transaction processing products as well as in finding appropriate acquisitions. From 1981 to 1996 he was an executive vice president of First Chicago Corporation responsible for its technology leadership and its commercial transaction processing businesses. Mr. Hollis serves on the executive committee of the Illinois Institute of Technology's board of trustees and the IIT research institute board of governors. Mr. Hollis also serves as a director of Deluxe Corporation.

John E. Major has served as a director of Open Port since March 2000. He has served as chief executive officer of the Wireless Internet Solutions Group, a consulting and investment strategy business focused on the convergence of the wireless and Internet industries. Mr. Major served as the chairman and chief executive officer of Wireless Knowledge, a Qualcomm and Microsoft joint venture which provides Internet based solutions for wireless access to corporate information, from November 1998 to November 1999. Prior to that, Mr. Major served as an executive vice president of Qualcomm and as president of its wireless infrastructure division. Prior to joining Qualcomm in 1997, Mr. Major served as senior vice president and staff chief technical officer at Motorola, Inc., a manufacturer of telecommunications equipment, and as senior vice president and general manager for Motorola's worldwide systems group. Mr. Major currently serves on the board of directors of Lennox International Inc., a provider of climate control solutions, Littlefuse, Inc., a manufacturer of fuses, and Verilink Corporation, a manufacturer of network access devices.

Joseph Piscopo has served as a director of Open Port since December 1995. He is a private investor in software and technology firms. He was chairman of Software Artistry, Inc., an Indianapolis software firm, from 1992 to 1998, when it was acquired by IBM. He founded Pansophic Systems, a systems software company in Lisle, Illinois and served as chairman and chief executive officer of the company from 1969 to 1987.