SAN JOSE, Calif., (Nov. 10, 1999)—I-Impact Inc., a leader in software technology and services for identifying, evaluating and optimizing economic performance of commercial web sites, announced today the appointment of Janet McAllister as Chief Executive Officer, effective immediately.

Janet McAllister comes to I-Impact from IBM Corporation, where she has held a number of prestigious positions since 1984, most recently as Corporate Vice President and Chief Learning Officer. In the past, Janet held the following additional positions: Director, Consulting and Systems Integration Services and Director, IBM Global Services Institute. Janet has a BA, mathematics from California State University and an MBA from University of California at Berkeley.

I-Impact Co-Founder and President, Gideon Shalom Bendor, said, "We are very excited at the prospect of Janet joining our team; this is a tremendous vote of confidence in our company. Janet has extensive management experience in both software products and consulting services, with the track record necessary to keep I-Impact's unique technology at the forefront of the analytic Web solutions arena."

"I-Impact is rapidly establishing itself as the leader in e-commerce decision support, a very exciting market," said Janet McAllister, "Co-Founders Gidi and Yishai, have created a solid foundation on which we can build our next stage of growth. I look forward to leading I-Impact into a ready and waiting market."

I-Impact made its announcement at the VentureOne Premiere, a first-of-its-kind conference bringing together leading angel investors and venture capitalists with a select group of angel-backed startup companies. The event, held on November 8-9, provides a venue for venture capitalists to become acquainted with companies previously known only to their private investors, and offers the companies a bridge to their next stage of financing.

Sponsored by Cooley Godward LLP, Ernst & Young, Microsoft, Prudential Securities Inc., RR Donnelley Financial, Silicon Valley Bank, and TriNet VCO, the VentureOne Premiere was host to 800 investors and entrepreneurs. VentureOne hosts several venture capital events annually, including the VentureOne Summit and the VentureOne Exchange.

About VentureOne
Founded in 1987, VentureOne tracks U.S. venture-backed companies from initial financing to an ultimate liquidity event. Clients include the top-tier venture capital firms and corporate investors who collectively manage more than $62 billion in venture capital, as well as major investment banks and accounting and law firms serving the venture capital community. VentureOne's flagship product is VentureSource 3.5, an Internet accessible database containing 12 years of comprehensive information on more than 8,300 venture-backed companies and hundreds of venture investors, 23,000 financing transactions and 53,000 key executives.