20042003200220012000
With Key Players in Place, uMonitor.com Is Up and Running

GERMANTOWN, TN (July 12, 2000)
- uMonitor.com is an online service providing end-users a convenient, timesaving tool that allows them to collect, personalize, monitor and manage personal data and information via the Internet and wireless devices. With its management team and Board of Directors in place, uMonitor is ready to make a difference in your life now.

"We are excited about uMonitor's future, especially as we welcome seasoned talent to the uMonitor team," says Dinesh Sheth, founder, president and CEO of uMonitor, Inc. Sheth, an entrepreneur, wireless technology guru and Web productivity expert, led the design and development of WorldCom's SkyTel Communications' two-way paging network system, prior to founding uMonitor in February of 1999. Throughout his 20-year tenure in the technology and telecommunications arenas, Sheth has held executive and senior management roles with leading companies, including NYNEX (now Bell Atlantic) and GTE. He also is co-founder of Software Resource Consultants, a successful software consulting and development company. Sheth holds an MBA from the University of Chicago and an MS in Computer Science from the Illinois Institute of Technology. Sheth earned his BS in Electronics Engineering from the Maharaja Sayajirao University in India.

Robert V. Bolen, CFA, is chief financial officer and vice president of business development. Prior to joining uMonitor, Bolen served as an advisor to the company and has been instrumental in leading and successfully concluding the company's recent $3 million first round of funding. Bolen was previously senior securities analyst and partner with J.C. Bradford & Co., (now Paine Webber), where he oversaw the Financial eCommerce Services sector.

Widely quoted for his insights into the rapidly changing financial e-commerce industry, Bolen has over 14 years of equity capital markets experience, having been actively involved in numerous initial public offerings. His coverage focus while at Bradford included financial services technology, such as client/server core bank processing, Internet banking and online bill presentment and payment services. Bolen earned his MBA from Indiana University and his BS in Accounting from Western Kentucky University.

Frances Turner, vice president of sales & marketing, oversees uMonitor's brand positioning and sales efforts. Most recently, Turner held chief operating roles in two start-up firms. A 14-year veteran of the broadband cable telecommunications industry, Turner's expertise is in strategic marketing and sales and in operations management. Turner has worked at various cable television service and content providers in senior level roles, including the following: general manager of the former Tele-Communications, Inc.'s (now AT&T) Washington, D.C. cable property, vice president of marketing for one of Time Warner's cable divisions, and other sales, marketing and general management positions across the United States with Cox Communications, the former Century Communications (now Adelphia) and Home Box Office. Turner holds an MBA from the University of Chicago and an AB, cum laude, from Harvard University.

Bysakh Bhasi
, chief technology officer, leads the day-to-day development effort of uMonitor's Java-based Web service. A talented software engineer, Bhasi possesses an extensive background in Internet technologies. He also brings to uMonitor experience in telecommunications from Siemens and experience in e-commerce from Federal Express. Bhasi holds a BS in Computer Science from the University of Kerala in India.

Sanjiv Desai
, chief information officer, focuses on the development of the internal information infrastructure for the rapidly expanding company. With over 10 years of development and managerial experience in the information technology arena, Desai has managed complete systems projects for both Internet and traditional "brick and mortar" companies, including AT&T, accuship.com and the former Promus Hotels (now Hilton). Desai holds an MPA, BS, and Diploma in Computer Science from the University of South Gujarat in India.

In addition to uMonitor's experienced management team, the company also announced its Board of Directors. Along with Sheth, Don Mundie, Doug Marchant, Pinakini Sheth and Scott Webster comprise the uMonitor board. Marchant and Mundie are principals with Delta Capital Management, the Memphis-based venture capital firm that led uMonitor's initial round of funding. Webster is chairman and CEO of ORBCOMM, and founder of that firm's parent, Orbital Sciences Corporation. Pinakini Sheth is co-founder and president of Software Resource Consultants.

An innovator in the new personal account management field, uMonitor, Inc. was founded in February of 1999. The company is a technology leader in the development of third generation personal information aggregation and management services focused on delivering tools that allow individuals and businesses to manage their personal and work environments in a simpler, more productive manner. uMonitor, Inc., is based in Germantown, TN, and can be reached at 901-757-1212, info@uMonitor.com or at www.uMonitor.com. What would uMonitor today?


Contact:
Frances Turner
uMonitor, Inc.
901/757-1212, Ext 119

Sarah Koehler
Archer/Malmo
901/523-2000