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iUniverse.com Names Doug Bennett President and COO

Monday, April 30, 2001

Press release from the issuing company

CAMPBELL, Calif. - April 25, 2001 - iUniverse.com, a leader in digital content technology and services, announced today the appointment of Doug Bennett as president and chief operating officer. With more than 20 years of management, sales, and marketing experience in the publishing and technology industries, Bennett brings to iUniverse a proven track record of running profitable and successful publishing and technology companies. As President and COO, Bennett will oversee day-to-day operations for the company, including sales, marketing, product engineering and customer support functions. "Over the last 90 days, iUniverse has achieved several significant milestones, including the acquisition of Corporate University Exchange, a $21 million investment from Warburg Pincus, and major customer technology deployments including the Hungry Minds a' la Carte web service." said Richard Tam, iUniverse founder and CEO. "I am pleased to continue this momentum with the appointment of Doug Bennett as president and COO. His broad experience will only accelerate our ability to transform the way customers maximize their return on digital content assets."




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