OUTSTANDING ACCOMPLISHMENT: Successful Internet pioneer built and grew business to consumer, and business to business online service (Interactive Services of Cendant Corporation) from zero to 100 million dollars in revenue (in three years).

About Scot W. Melland:

In April 2001, the Board of Directors named Scot W. Melland President and CEO of the Company. Melland succeeds Peter A. Derow, who was named Vice Chairman of the Board.

An experienced e-business Chief Executive, Melland has successfully built and developed businesses in start-up, large and small corporate environments. Most recently, Melland began in 1999 as President and CEO at Vcommerce Corporation. He grew the company from an early stage start-up into a leading provider of outsourced e-commerce infrastructure and services.

From 1996 to 1999, he was Senior Vice President—Interactive Services for Cendant Corporation, where he was responsible for five online businesses with revenues of over $85 million and a team of 180 individuals in four locations. Previously, he served as Vice President, Investments and Alliances for Ameritech Development Corp., where he led business planning, investments and alliances in the telecom, internet and multi-media sectors.

Melland began his career as a consultant with McKinsey & Company, where he worked with clients to develop strategy and make operational improvements in their core businesses.

He has published an HBS Case Study in Negotiation Analysis, and was nominated for Connecticut Entrepreneur of the Year in 2000.

Melland holds a B.S. in economics from the University of Pennsylvania and an M.B.A. from the Harvard Business School.