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Web Site Developer Exit1, Inc. Appoints David Lesser, Former Senior Executive With The Compucare Company, Ryland Homes And Riggs Bank, As Board Chairman Reston, Va., September 18, 2000 - Exit1, Incorporated, today announced that David Lesser, former Executive Vice President of Riggs Bank, will step in as its Chairman of the Board. Alec Berry, Exit1 founder and current Chairman, is stepping down from the role to dedicate more time and energy on responsibilities as the company's Vice President & Chief Technology Officer. I welcome this opportunity to serve as Exit1's Chairman, Lesser stated. In this capacity, I look forward to heightening Exit1's visibility in the web development and interactive world. It's vital for us to expand upon our current business model and technologically grow with the ever-changing environment of the industry. Along with Exit1's rapid growth, the chairman's role has also grown and expanded. It's important for us to have one person who can dedicate the time needed in order to serve as Chairman, Berry said. I look forward to working with David in his new capacity and a role which will enable me to focus on strengthening Exit1's technology expertise. One of Exit1's main goals is to not only keep in step with the rapid growth of the Internet industry, but to constantly stay one step ahead of the curve," David Baker, Exit1's President and CEO stated. "Alec has been an invaluable asset to Exit1's growth and will be able to step up his efforts as the company's leader in technology development. David will lend us his vast experience and knowledge to help Exit1 realize its potential. The real winners in this organizational change are those who Exit1 serve on a daily basis, as well as those potential clients in need of Internet services, Baker concluded. Lesser is currently a principal of Dyad Partners, LLC, a private equity and strategic consulting firm. A lawyer by training, Mr. Lesser started his career with Sullivan & Cromwell, working in both their New York and Washington, DC offices. |