Boundless Corporation Releases Backgrounder For Newly Elected Board

To follow up the recent announcement of shareholders' election of six new Directors and three returning Directors to the Boundless Corporation Board, the company has released the following statements and biographical information.

Joe Joy, President & CEO (and newly elected board member) said, "We are excited and quite honored to have assembled a group of extremely talented and experienced business leaders to provide guidance as we continue to grow our EMS revenues and bring new display products to market. The board is made up of three (3) returning members whose contributions to date have been greatly appreciated, two new members from the company's management team, and four (4) new members who bring a wealth of experience well-suited to assist the company in capitalizing on its opportunities and facing its challenges moving forward."

Mr. Joy provided comments on the background of each of the new outside directors. "Our new Chairman, Jack McGovern has extensive experience creating capital structures for start-ups, troubled companies, and LBOs, companies at a point in their development where additional sources of cash are needed to grow their businesses. Gary Brooks is a seasoned veteran with a wealth of experience in turnaround situations. These companies usually need creative ways to find both internal and external sources of cash. His experience in helping company's identify sources will be invaluable as we look to grow the EMS business. Dr. Safwan Masri is an expert in his field of operations management. His research and practical experience will be very helpful as we craft the best way to expand our customer reach and capababilities set in the most cost effective manner. Richard Bowman brings extensive management experience and insight into approaches used in a variety of industries. Mr. Bowman has also been a long term Boundless shareholder advocate who has made a number of excellent suggestions over the past two years and the shareholders will be well served by his election."

The company provided the following detailed biographies on each of it recently elected board members. This information can also be found at the company's website at www.boundless.com. Chairman John J. McGovern is currently forming his own firm specializing in working with troubled companies. Mr. McGovern previously has served as the Senior Vice President & Chief Financial Officer of Multex.Com, Inc., from November 1999 until December 2001. Mr. McGovern was responsible for finance, legal, human resources, strategic development, investor relations and administration of this NASDAQ listed, industry leading Internet based investment information and technology provider to the financial services industry. Prior to this, from August 1997 until November 1997, as Chief financial Officer, and from December 1997 until April 1999, as President & Chief Executive Officer, Mr. McGovern was employed by Northsound Music Group, Inc., a producer and marketer of C.D. and cassette audio products to retailers, where he was responsible for the executive management of the company reporting to the Board of Directors. From December 1995 until August 1997 Mr. McGovern was the Managing Director and founding member of JJM Group, L.L.C., an investment banking firm specializing in corporate financial advisory services in capital formation, financing and crisis management to public and private emerging growth companies. Prior to JJM Group, L.L.C., Mr. McGovern was President and Chief Executive Officer of Axel Electronics Inc./Sigmapower, Inc., subsidiaries of FPBSM Industries Inc., a defense electronics design and manufacturing firm. Mr. McGovern has also worked for Merrill Lynch & Co. Inc. and Coopers & Lybrand. Mr. McGovern has served on the Board of Directors of 15 companies and has extensive experience in turnaround and crisis management, as well as experience in raising debt and equity financing. He received his MBA from Columbia University and BS from Monmouth College.

Gary Brooks has served as the Chairman and Chief Executive Officer of Allomet Partners, Ltd. since 1998. Mr. Brooks is a Co-founder of Allomet Partners, Ltd., a professional services firm providing consulting and interim management services to under-performing businesses. From 1985 until 1998, Mr. Brooks served as the President of Allomet Partners, Ltd. Nationally recognized as one of the most experienced practitioners in the field, he has recently served as interim Chief Operating Officer at Ampco Metals, Inc., where he facilitated the analysis and implemented the program that served as the basis for the company's financial and strategic direction. He has over 35 years of diversified executive management and consulting experience. He served as the National Chair of the Institute of Management Consultants (IMC). He is a founding member of the Turnaround Management Association (TMA) and served as a member of its Board of Directors for 8 years. His career affiliations include the General Electric Company, Eastman Kodak, and as a Division Executive managing a subsidiary of Scott Paper Company. Prior to the formation of Allomet Partners, he managed the New York office of an international firm specializing in strategic planning and technological forecasting, and served for 8 years as Managing Principal of a major New England based turnaround-consulting firm. He lectures often on the many aspects of turnaround management and crisis intervention. Gary Brooks has an MS in Chemical Engineering and Operations Research from the University of Rochester and a BS in Biochemical Engineering and Industrial Management from MIT.