Business Services Industry

Stephen D. Moylan Joins ThingWorld.com as President and CEO

Business Wire, July 24, 2000

Business/Technology Editors

WATERTOWN, Mass.--(BUSINESS WIRE)--July 24, 2000

Seasoned executive brings extensive broadcast and publishing

experience, will lead company to provide the next generation of

digital commerce solutions

ThingWorld.com, developers of a world-class multimedia technology that enables sports, entertainment and media companies to expand their online businesses by controlling and leveraging their digital media assets, announced today that Stephen D. Moylan will join the company as President and CEO, effective August 9, 2000. Mr. Moylan will leave his position as President and CEO of InfoWorld Media Group to take on his new role at ThingWorld.com. Under his leadership, InfoWorld Media became one of the most successful computer publishing, online and events businesses in the country. He brings to ThingWorld.com over 15 years experience in sales, marketing and operations management with leading content companies.

During Mr. Moylan's tenure at InfoWorld Media (based in San Mateo, California), he was instrumental in growing the business to a $100 million company. InfoWorld was recently ranked by Folio Magazine as the "largest business to business title in the United States". In addition to his success running one of the most respected trade publications in North America, Mr. Moylan led the launch of the company's multi-million dollar web operation and events business.

Prior to InfoWorld, Mr. Moylan spent 5 years at CapCities ABC (now Disney ABC), building extensive experience in the broadcast and publishing industries. He earned his BA from Boston University and his MBA from the University of San Francisco.

"This is an exciting time to join ThingWorld.com. The company has amassed a very talented management team, impressive technology and top-tier customers. I look forward to being an integral contributor to the company's growth and future success," said Stephen Moylan.

"Stephen's experience in broadcasting and publishing, in conjunction with his professionalism and corporate development accomplishments, make him an ideal executive to lead our team," said Steve Barlow, co-founder, Chairman/CTO of ThingWorld.com. "We look forward to leveraging his skills and leadership to drive the company's digital commerce vision and the launch of digital collectibles."

About ThingWorld.com

ThingWorld.com (www.thingworld.com) develops world-class multimedia technologies that expand online businesses by enabling sports, entertainment and media companies to control and leverage their digital media assets. ThingWorld.com's digital entertainment applications drive site activity, increase revenue opportunities, and create active consumer relationships both on the desktop and on the web. Headquartered in Watertown, MA, ThingWorld.com is part of CMGI's @Ventures portfolio of companies. In addition to CMGI, other investors include BancBoston Capital, Cyrk, Intel Corporation, Microsoft Corp., NFL Quarterback Club, The Kraft Group, Venture Management and Wasserstein Adelson Ventures.

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