Wireless Internet ASP SensCom Inc. Names Top Executives from Metricom and Chicago Board Options Exchange to Board of Directors

Business Wire, March 22, 2000

Business Editors

SAN DIEGO--(BUSINESS WIRE)--March 22, 2000

SensCom Inc., an application service provider for secure wireless Internet financial services, announced today that Lee Gopadze, former senior vice president corporate planning and development for Metricom, and Charles Henry, president and chief operating officer of the Chicago Board Options Exchange (CBOE), have joined SensCom's Board of Directors.

Lee Gopadze will serve as chairman of SensCom's Board of Directors. Gopadze is most recently senior vice president corporate planning and development for Metricom Inc. (Nasdaq:MCOM). Gopadze directed the company's marketing, operations and corporate planning functions, and he was instrumental in raising $1.4 billion in funding for the company. Prior to joining Metricom, Gopadze held positions including chief operating officer and executive vice president of The National Dispatch Center in San Diego, senior vice president of operations at PacTel TeleTrac, and executive positions a MetroMedia/Southwestern Bell.

Charles Henry, currently president and COO of the CBOE, has also agreed to serve on SensCom's Board of Directors. Since joining CBOE as President, Henry has overseen six-fold growth in volume and revenues, the successful transition to competitive deregulated markets, and development of the most advanced technology in the industry. Prior to joining the CBOE, Henry was president and chief executive officer of the Pacific Stock Exchange.

"Lee and Charles offer SensCom critical expertise in the wireless communications and financial services sectors," said Tarek Fouad, SensCom's president and CEO. "Their combined 50 years of experience are invaluable, and we look forward to their excellent insight and guidance for years to come."

About SensCom

Headquartered in San Diego, SensCom Inc. is an application service provider of wireless Internet solutions for the financial services industry. SensCom's ASP solution utilizes its proprietary technology and end-to-end security to enable wireless Internet financial transactions. More information can be found on SensCom's Web site at http://www.senscom.com. Please direct correspondence via email to info@senscom.com.