Giga Information Group Appoints Judith Hamilton to Its Board of Directors; Former Dataquest CEO to Replace David Gilmour on the Board

Business Wire, Nov 20, 2002

Business Editors/High-Tech Writers

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Nov. 20, 2002

Giga Information Group, Inc. (OTC BB: GIGX) today announced that Judith Hamilton has been appointed to its board of directors effective January 2, 2003. She will replace David Gilmour, a co-founder of Giga Information Group, whose increasing job demands as CEO of Tacit Knowledge Systems require him to resign his Giga board position effective Dec. 31, 2002.

Judith Hamilton was president and CEO of Dataquest, Inc., a leading IT market research, analysis and consulting firm, from 1992 to 1996, where she engineered a significant turnaround. Under her leadership, Dataquest revenues grew from $49 million to $79 million, and its pre-tax operating loss of $7 million improved to pre-tax operating income of $10.1 million. After Dataquest was sold to Gartner Group in December 1996, Hamilton joined FirstFloor, Inc., a privately held supplier of Web-based document delivery products and technologies, as its president and CEO. The following year, after FirstFloor was sold to Calico Technologies in August 1998, she joined Classroom Connect, Inc. as its CEO. A private software and content company focused on e- learning, Hamilton successfully raised private equity for the company and grew its business until it was acquired by Reed Elsevier/Harcourt in September 2001.

Earlier in her career, Hamilton held a variety of senior operating roles, including senior vice president of Locus Computing Corporation, partner and national director of market development, information services, for Ernst & Young/Arthur Young, and vice president of two different divisions of Computer Sciences Corporation. She holds a bachelor's degree from Indiana University and completed the executive management program at UCLA's Graduate School of Management.

Hamilton has served on the boards of public, private and non-profit institutions. She presently serves on the following board: R. R. Donnelly, The Commonwealth Club of Silicon Valley and the Wildlife Conservation Society. She has also held several key positions with the Information Technology Trade Association from 1988 to 1995.

"Judy brings many strengths to the Giga board, including CEO experience, industry expertise and a deep background in board governance. David Gilmour has served the company in many ways since its founding, for which we express our deep gratitude," noted Richard Crandall, Giga's chairman of the board.

Added John Andrews, Giga's president and CEO, "Judy has a track record of producing strong gains in operating performance and financial results. This, in combination with her insights and experiences in our industry, will be invaluable as we continue to build Giga's position in the IT research arena."

About Giga Information Group, Inc.

Giga Information Group is a leading global technology advisory firm that provides objective research, pragmatic advice and personalized consulting. Emphasizing close interaction between analyst and client, Giga enables companies to make better strategic decisions that maximize technology investments and achieve business results.

Founded in 1995, Giga is headquartered in Cambridge, Mass. and has offices throughout the Americas and Europe -- as well as Latin America, Asia/Pacific and the Middle East. For additional information, visit www.gigaweb.com.

(C) 2002 Giga Information Group, Inc.

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