Business Services Industry

Scientigo, Inc. Appoints Prominent Industry Leaders to Corporate Advisory Board; Group to Advise Senior Management Team on Global Growth Strategies

Business Wire, Feb 8, 2006

CHARLOTTE, N.C. -- Scientigo, Inc. (OTCBB:MKTE), an emerging leader in next generation enterprise search and intelligent enterprise content management, today announced the formation of a Corporate Advisory Board, created to advise the senior management team on global growth strategies and prevailing business development opportunities for the Company's proprietary technologies and solutions.

The Advisory Board, chaired by Doyal Bryant, Scientigo's CEO, will meet routinely to assess, evaluate and prioritize strategic growth options. Commenting on the appointments, Bryant noted, "I consider it a tremendous privilege to have these highly respected and influential industry leaders join our Advisory Board and view their participation as an important validation of our Company's growth prospects. With their guidance and support, we look forward to fully capitalizing on every opportunity to advance Scientigo's business interests." Advisory Board Appointees include:

Olin H. Broadway Jr., Executive in Residence, University of North Carolina at Charlotte

Broadway currently serves as the Executive in Residence at the College of Information Technology of University of North Carolina at Charlotte. He has extensive experience with Information Technology companies, having served as the founder of seven including - Computer Management Corporation; BroadNet, Inc; Egret Holdings/Osprey Systems; and Broadway & Seymour, Inc. He has also worked for IBM and First Union Corporation in technology management roles. Broadway is a member of the Board of Directors for NCTA and founder, former Chairman and board member of the North Carolina Partnership for Excellence, and is a member of the Order of the Long Leaf Pine. Olin earned a Bachelor of Science degree in Mathematics from Wake Forest University.

Russell J. Bruemmer, Chairman, Financial Institutions Department, WilmerHale

Russell J. Bruemmer is the current Chairman of WilmerHale's Financial Institutions Department and formerly was co-chair of the Business Transactions Section. Bruemmer's practice focuses primarily on the corporate and financial services areas. Mr. Bruemmer's clients include companies engaged in, and transactions involving, financial services, technology and biotechnology, telecommunications, energy and other industry sectors. He has represented some of the country's largest corporations in acquisitions and divestitures, corporate structurings, joint ventures and financings. In February 1978, he was appointed Special Assistant to the Director of the Federal Bureau of Investigation. He served in that position until June 1980, when he became Chief Counsel-Congressional Affairs for the FBI, a position he held until he joined the firm in 1981. Bruemmer also served as Special Counsel to the Director of Central Intelligence from September 1987 to January 1988 and as the Central Intelligence Agency's General Counsel from January 1988 until March 1990. At the CIA, Bruemmer managed an office of 60 lawyers and was the senior legal officer for the Agency and the Director of Central Intelligence.

Bruemmer is a member of the American Bar Association, has chaired two ABA subcommittees of the Banking law Committee and served as vice-chair of an ABA subcommittee on corporate compliance policies. He is a member of the Editorial Board of the Electronic Banking law and Commerce Report and of the Advisory Board of the University of North Carolina Banking law Institute. He has been a member of the Executive Committee of the Federal Bar Association's Banking Law Committee, was a standing committee member of the ABA Standing Committee on Law and National Security and has consulted with the ABA's Central and Eastern European Law Initiative and the Congressionally-mandated Commission on the Advancement of Federal Law Enforcement.

Bruemmer became a member of the Council on Foreign Relations in 1991, and since 1994, has been a member of the American Law Institute. Bruemmer also was a director of the Chauncey Group International, Ltd., a subsidiary of Educational Testing Service engaged in professional and occupational licensing and certification testing and assessment from 1999 to 2003. He is the author of numerous articles published in law reviews and other legal publications and regularly speaks at seminars and trade association meetings.

Ravi Chiruvolu, Venture Partner, GKM Ventures

A regular columnist in Venture Capital Journal, Chiruvolu is widely recognized as a thought leader in the venture capital industry. Currently, he serves as Venture Partner at GKM Ventures, a venture capital firm focused on investments in expansion-stage technology companies located in the Western U.S. From June 2000 through June 2005, he was Managing Director of Charter Venture Capital, a $150 million early stage technology and life science fund. Previously, Chiruvolu was a Principal at Alta Partners, a $225 million technology and life sciences fund. Prior to Alta, he held operating positions at Peapod, where from July 1996 to October 1998, he served as General Manager of Online Services and Director of Business Development. Before that, Chiruvolu was in the Strategic Planning group at Ameritech, where he was nominated for the Chairman's Award, which is reserved for the ten top performers; in the Wireless Infrastructure group at Motorola; and the Systems Integration group at Mitre Corporation. Chiruvolu also spent two years as a business analyst at McKinsey & Company in Washington DC. He earned an MBA from Harvard Business School, a Bachelor of Science degree in Mechanical Engineering and a Minor in Economics from MIT; and a MS in Engineering (specialization in robotics and control systems) from MIT.


 

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