SingleShop CEO Mike Bruce Selected for George W. Bush Information Technology Advisory Council; Northern Virginia Tech Entrepreneur is Chosen as One of 130 Leading Technology Executives

Business Wire, August 14, 2000

Business Editors/Hi-Tech Writers

HERNDON, Va.--(BUSINESS WIRE)--Aug. 14, 2000

Mike Bruce, co-founder and CEO of Northern Virginia-based SingleShop, Inc., a leading e-shopping service provider, was selected to participate in presidential candidate George W. Bush's Information Technology Advisory Council that was held on July 20, 2000.

Bruce, one of 130 members of this exclusive advisory council, was selected to participate based on his experience as a technology leader in the online retailing sector.

Other technology leaders on Bush's Technology Advisory Council include: Michael Dell, CEO of Dell Computer Corporation (NASDAQ: DELL); James Barksdale, The Barksdale Group; John Chambers, President and CEO of Cisco Systems (NASDAQ: CSCO); Tom Engibous, President ant CEO of Texas Instruments Incorporated (NASDAQ: TXN); Ray Lane, former President of Oracle (NASDAW: ORCL); and Robert Herbold, Executive Vice President and COO for Microsoft Corporation (NASDAQ: MSFT).

The purpose of the council was to provide a forum for technology leaders from throughout the country to present their thoughts and insight on technology issues to presidential candidate George W. Bush. "I am proud to help represent Northern Virginia's tremendous base of technology companies to share my views on technology issues with Governor Bush," said Bruce.

About SingleShop

Based in Herndon, Virginia, SingleShop (www.singleshop.com) delivers to destination sites a comprehensive, scalable e-shopping solution that increases revenue and site stickiness by offering the most convenient way to shop the Web's top merchants.

ISPs, portals, community and content sites can SingleShop-Power their sites by embedding SingleShop's patent-pending SingleOrderTM technology onto their own sites, under their own brands, to offer their users the ability to search, compare and purchase multiple products from the Web's leading merchants with a universal shopping cart and single checkout transaction.

SingleShop also provides merchandising content, merchant relationships, application hosting, customer support, and an exclusive eight-point SingleShop Certified(TM) merchant program.

Founded in 1999, SingleShop is a privately-held, venture-backed company with investments from leading institutional investors, including Columbia Capital, Draper Atlantic, and Merrill Lynch KECALP.