Press Releases

Coremetrics™ Announces Executive Vice President sof Client Services

Industry Veteran Brings Twenty-Four Years of Experience to the Emerging Leader in Web Visitor Analysis Services

San Francisco, Calif., – August 31, 2000 – Coremetrics™, Inc., the first comprehensive eMarketing intelligence ASP, today announced that Jim Wambach, former Vice President of Worldwide Sales for Chemdex, has joined the company as Executive Vice President of Client Services. Wambach will draw on twenty-four years of experience to provide strategic counsel and oversee Coremetrics' sales, account management, service activation, and professional services teams.

Coremetrics provides eLuminate, the industry's most comprehensive Web visitor analysis service that effectively tracks and analyzes online consumer behavior. eLuminate can be quickly activated and enables online retailers to easily identify customer value and accurately measure overall marketing effectiveness.

"Adding an executive member of Jim's caliber underscores our commitment to bringing best-in-class talent to Coremetrics," said Brett Hurt, President and CEO of Coremetrics. "This hire confirms our commitment to building a team that possesses the experience and leadership skills needed to propel Coremetrics into our next significant growth phase. Jim's extensive knowledge of e-commerce and his vision for enhancing our industry-leading position are tremendous assets."

"Coremetrics offers me the perfect opportunity to lend my expertise to a company that is driven by client satisfaction as much as I am," said Wambach. "I look forward to building the company's already successful client-focused departments into a cohesive operation, making Coremetrics synonymous with superb client services. Coremetrics' dedication to client satisfaction along with the company's market potential for becoming the leader in robust and reliable Web visitor reporting services greatly influenced my decision to join the executive team."

Wambach brings over twenty-four years' experience in executive general management, executive sales management and business development to the Coremetrics team. Most recently, Wambach served as the Vice President of Worldwide Sales for Chemdex, a Ventro life sciences company and a well-respected pioneer of the B2B Internet commerce business model. There, he was responsible for the strategic business design and implementation of one of the first B2B sales and account services business teams, which allowed for the rapid growth of Ventro into a recognized leader in the Business-to-Business Internet Commerce space. Prior to Chemdex, he served in executive management roles with a number of fast growth, high technology companies, including Forte Software and Oracle Corporation. While at Forte Software Wambach dramatically increased the productivity and service levels of the North American Sales and Support Organization.

Other experience includes various sales management and general management positions at Sybase where, prior to assuming the role of VP/General Manager of the Worldwide Alliance Solutions group, Wambach spent several years developing the 125-plus person Central Area sales and service organization into the company's number one performing business unit.

About Coremetrics
Founded in May 1999, Coremetrics is an eMarketing intelligence ASP headquartered in San Francisco, California, with research and development offices in Austin, Texas. Coremetrics' flagship offering, eLuminate, is the industry's most comprehensive Web visitor analysis service that effectively tracks and analyzes online consumer behavior. Coremetrics is privately held with funding from Highland Capital Partners, Accel Partners, Volpe Brown Whelan & Co., Garage.com, Constantin Partners and Selby Venture Partners. To learn more about Coremetrics, visit the company's Web site at www.coremetrics.com or call 877-721-CORE.

Coremetrics and eLuminate are trademarks of Coremetrics, Inc. Any other marks used in this document are trademarks or registered trademarks of the manufacturers or marketers of the products with which the marks are associated.