\ Intrinsic Partners, LLC - Client News

July 30, 2002

mFormation Technologies Inc. Names John Dilley as Vice President of North American Sales, Jon Herttua as Vice President of Global Channels

Software and Telecommunications Industry Veterans to Lead Sales and Channel Growth

EDISON, New Jersey. (July 30, 2002) - mFormation Technologies Inc., an emerging provider of innovative Wireless Infrastructure Management software, today announced the appointment of two key sales executives. As mFormation's Vice President of North American Sales, John Dilley will be responsible for driving mFormation's sales efforts into North American wireless service providers, carriers, enterprises and government organizations. Jon Herttua, as Vice President of Global Channels, will be responsible for developing mFormation's global channel strategy as well as identifying and building relationships with partners for the distribution and support of mFormation software worldwide.

"With new wireless data networks rolling out around the world and new wireless devices beginning to proliferate on a grand scale, the sales potential for our software with wireless service providers, carriers, enterprises and government organizations is growing significantly, not only in North America, but worldwide," said Ron Pettengill, mFormation's CEO. "John Dilley's deep telecommunications sales experience and Jon Herttua's experience developing global channel partner networks will be key to helping us focus on the global potential for wireless management solutions."

Herttua believes mFormation is in a unique position to lead in an emerging market. "I am always looking for products and services that solve real problems and actually improve business effectiveness and productivity," said Herttua. "Currently, the lack of effective management for wireless devices on carrier and enterprise networks puts both the end user and the corporation at risk, while slowing down larger scale wireless deployments. By pioneering software products to monitor and control the plethora of wireless software applications and devices that are rapidly coming to market, mFormation is in a position to become the de facto standard for management of wireless device networks."

Dilley thinks mFormation's software meets a critical need. "I believe mFormation is extremely well positioned to provide a powerful wireless management solution to multiple market segments, including the carrier, service provider, government and enterprise spaces," said Dilley. "mFormation's software is just what IT staff in these organizations need to be able to manage, secure, and control their wireless devices across a multitude of network components, worldwide."

John Dilley comes to mFormation with more than 17 years of telecommunications sales and management experience. Most recently, Dilley served as Vice President of Sales for the Americas at OnMobile Inc. where he introduced a voice-enabled multi-modal solutions platforms to tier I and II wireless carriers. Prior to OnMobile, Dilley spent eight years with Nortel Networks in various sales and management positions, including Vice President of Emerging Sales where he led a team of more than 40 sales executives representing all Nortel products and solutions to emerging service providers, enterprises and US carriers. He also led multiple vertical sales teams and started up sales organizations within the company, including the High-Speed Access and Broadband Wireless Access organizations. Before Nortel, John spent four years as Vice President and General Manager of Fort Wayne Air Service, leading marketing, sales, and management for the Fixed Base Operation. He has also served in a variety of sales, product and project management roles at Ericsson Radio Systems, NEC America, Compucon and GTE. He holds a degree in electrical engineering from ITT Technical Institute in Indiana.

Jon Herttua brings more than 20 years of software and channel sales and management experience to mFormation. Before joining the company, Herttua was Vice President of Worldwide Carrier and Channel Sales at PacketVideo Corporation, a provider of carrier-class infrastructure software for deployment of rich media over wireless networks. Prior to PacketVideo, Herttua was Vice President of Sales East with Exodus Communications, during which time annualized company sales grew from $6 million to $750 million within four years. Before Exodus, Herttua spent six years with Motorola Information Systems Group in various management positions, including Vice President of Sales for the Eastern Region. Previously, Herttua held senior sales management positions at Evernet Systems, Learning International and Lanier Business Products. He received a BS in Business Administration and a BA in Psychology from West Virginia Wesleyan.

About the mFormation
mFormation Technologies Inc. provides Wireless Infrastructure Management software that enables large organizations and global service providers to control and manage wireless data devices, applications and users, worldwide. mFormation's software manages a mix of wireless devices, including RIM BlackBerry, Palm OS and Microsoft Pocket PC-based handhelds, and smart phones, across a wide range of wireless carrier networks, including Cingular/Mobitex, Motient, CDPD, CDMA and GSM/GPRS. With expertise in both wireless networks and enterprise IT management, mFormation is unique in its ability to provide carrier-class, systems-level software with which organizations can manage and control the entire wireless data network environment, regardless of the number of devices, users, networks or geographies. Headquartered in Edison, New Jersey, mFormation is a privately held company funded by Battery Ventures, North Bridge Venture Partners, Deutsche Bank Alex. Brown and Kingdon Capital. Contact mFormation on the Web at http://www.mformation.com.

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