November 30th, 2001

ZEFER

ZEFER (www.zefer.com) is a team of professionals who plan, design and develop intelligent Internet solutions for the purpose of helping organizations translate their strategic objectives into tangible value in the digital world.

ZEFER aims to be the recognized leader in professional strategic Internet services and solutions by helping Fortune 1000, leading organizations and high-growth clients understand the business of technology and, in particular, the business of the Internet.

Intelligent Internet solutions must be flexible and robust to suit the dynamic nature of the Internet. Unlike the "Big Bang" implementation of traditional systems design, Zefer uses a three-phased approach to build solutions that are both modular and scalable.

Phase One begins with a strategic study to diagnose your company's business, functional, design and technical needs. We then help you prioritize which components of your site to roll out first and produce detailed blueprints to build the solution.

Phase Two translates the blueprints into a working prototype with a base level of functionality.

In Phase Three, the prototype is scaled to a fully integrated solution, which must pass a rigorous and comprehensive quality assurance test.

ZEFER is a team of rapidly growing team of professionals with backgrounds in business, design, and technology. Together the ZEFER team offers expertise and networks from institutions such as Harvard University, MIT Media Lab, Rhode Island School of Design (RISD), McKinsey & Company, Anderson Consulting, Deloitte & Touche, Netscape, Intuit, FTP Software, Arnell Group and Leo Burnett.

Anthony Tjan: As one of Zefer's co-founders, Mr. Tjan has educational and professional experience in business, design and technology. As a consultant with McKinsey & Company, he conducted studies on the broadcast industry, technology convergence and the Internet. Mr. Tjan has an MBA from the Harvard Business School and a Bachelor of Science from Harvard College.

Kaming Ng: One of ZEFER's co-founders, Mr. Ng has 10 years of experience in visual communications and information design. Previously, he worked as the Visual Aids manager for McKinsey & Company in Hong Kong. Mr. Ng studied theoretical mathematics at the University of Ulster in Ireland.

Other key ZEFER associates include Matthew Burkley, Stephen Dimarco, Alexandre Scherer, Stever Robbins, Deborah Frieze, Ian Colliety and Edmond Jay.

The Company recently received a commitment from a GTCR Golder Rauner, a Chicago-based equity firm, for a $100 million investment. In March 1998, the company raised $2.0 million in seed capital from Mosaic Venture Partners, a Toronto-based venture capital firm focused on Internet and digital technology companies.