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Press Release

Craig Lightfoot Picked To Lead NetGift Registry's Technology

June 22, 2000

RESEARCH TRIANGLE PARK, NC - NetGift Registry, the leading provider of gift registry services to Web shopping environments, recently named Craig Lightfoot as its new CTO to manage its technological infrastructure. Boasting over 15 years of IT experience, Mr. Lightfoot possesses a broad range of technical competencies that will enable NetGift to maintain its dominance of the online gift registry industry.

"As NetGift continues to grow both internally and externally with the signing of new partners and hiring of additional staff, technological innovation and maintenance are crucial necessities," said Raanan Lachman, NetGift's CEO. "Thus, we are thrilled to have someone like Craig onboard, who fosters the technical savvy critical for our global endeavors."

Mr. Lightfoot has extensive experience designing and delivering business value through the use of technology. He worked as a Senior Systems Engineer for EDS for 10 years. Mr. Lightfoot later moved to Syntel, Inc. as the Director of Advanced Technology, where he designed and developed New2USA.com, a vertical portal company incubated by Syntel. These ventures allowed Mr. Lightfoot the opportunity to research, evaluate, and deploy his advanced technological knowledge to provide solutions for clients. While servicing Global and Fortune 1000 companies, Mr. Lightfoot has acquired and applied an impressive list of technical expertise ranging from large, complex mainframe environments and client/servers to Internet and device technologies such as PDA's and cell phones.

"NetGift hosts a team-oriented environment where creativity flourishes," said Craig Lightfoot. "I'm looking forward to applying my skills to enable these ideas become realities for their partners."

Mr. Lightfoot graduated from Troy State University and holds a BS in Computer Science.

ABOUT NETGIFT REGISTRY
NetGift Registry is the leading provider of gift registry services to Web shopping environments on the Internet. NetGift provides e-retailers, shopping engines, and community/destination sites with an advanced private-label gift registry service, which can be directly integrated into their shopping environment. Partners or merchants are able to install our service quickly and deploy a fully integrated gift registry that has the look and feel of their site. Currently, NetGift's online partners include Homestead.com, Inktomi (NASDAQ: INKT), BottomDollar Shopping Engine, Network Commerce (formerly ShopNow), WashingtonPost.com, Garfield.com, Broadvision, USi, Xpedior, Scarab Software, and many more.

Press Contact:
Randall Gregg, Vice President of Public Relations & Marketing
NetGift Registry
Research Triangle Park
919.688.4488, ext. 111
[email protected]

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