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CapitalStream Appoints New Executive Vice President

Top online business financing company repositions management to address phenomenal growth


Seattle - August 8, 2000
- CapitalStream, a leading B2B e-commerce provider of services and applications for the business finance industry, today announced the promotion of Jeff Dirks to executive vice president and e-commerce operating officer, responsible for all aspects of CapitalStream's technology, e-commerce, and customer service operations. In his new position, Dirks will lead the expansion of the company's infrastructure and services to address CapitalStream.com's remarkable growth. CapitalStream.com is the e-commerce infrastructure and transaction network for the global commercial finance industry.

"Consolidating our technology, e-commerce operations, and customer service organization will help us facilitate even higher levels of customer service, subscriber adoption and time to market," said Jeff Dirks, executive vice president and e-commerce operating officer. "I am very committed to helping CapitalStream maintain its reputation for quality customer service as it continues to expand its reach in the 5 billion dollar global finance market."

"Jeff has demonstrated an exceptional track record in working with our clients and earned a lot of respect within the industry," said Stephen Campbell, president and CEO of CapitalStream, "This promotion is going to increase the speed, quality, and completeness of our operations, as well as provide leadership and direction in our efforts to create e-commerce products and services that are second-to-none."

Dirks will continue to lead the operation of CapitalStream.com, which makes it possible for all links in the financial supply chain, including financing companies, manufacturers, and B2B e-commerce firms, to automate processes, better serve customers and expand into new markets using the efficiencies of the Internet.

Since joining CapitalStream in December 1998, Dirks has used his extensive background in software engineering, product delivery, and large enterprise project management to further CapitalStream's success. Prior to CapitalStream, Dirks served as vice president of engineering for Endura Software, where he led all aspects of product design, construction, and product deliver of enterprise supply chain management systems. He holds a Bachelor's degree in computer science from the University of Washington.

About CapitalStream
Seattle-based CapitalStream is a leading provider of e-commerce solutions - including customer program management tools, workflow automation, and an online transaction network - for the global commercial finance market. The company's e-commerce network, CapitalStream.com, provides the infrastructure for financing companies, manufacturers and B2B e-commerce firms to capture, grow and service customers. CapitalStream has been an established industry leader for over five years, and has helped hundreds of financial organizations increase their competitiveness, customer service and profitability.

For additional information, contact:

Jennifer Fox
Capital Stream, Inc.
206-548-1651
jenniferf@capitalstream.com

Scott Battishill
DDB Seattle
206-464-0197
scott.battishill@sea.ddb.com