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C. Tycho Howle Joins CarrierPoint Board of Directors

E-commerce Visionary will play a leadership role for fast growing e-logistics company

ATLANTA, GA, October 11, 2000 /CarrierPoint/

CarrierPoint, Inc., an Internet-based electronic commerce company that provides collaborative transportation marketplaces to the $400 billion domestic trucking industry, including private fleets and the less-than-truckload and full-truckload market segments, today announced the appointment of C. Tycho Howle to its board of directors.

Founder of Harbinger Corporation, Howle brings an unparalleled knowledge of and commitment to the business to business e-commerce space that will help shape CarrierPoint’s emergence as one of the leaders in the rapidly growing e-logistics industry.

“The addition of Tycho to our board is truly an honor,” said CarrierPoint President and CEO Brian Kinsey. “As our business grows, and the e-logistics industry changes, we have one of the very best minds in the industry helping to shape our future. His expertise and strategic vision for building and managing vertical B2B electronic markets will be an invaluable resource for us as we move forward.”

Howle founded Harbinger in 1983 and led the company to become a world-class e-commerce firm with more than 1,000 employees in 8 countries, 40,000 active customers and record revenues of more than $155 million in 1999. He served as chairman and CEO from the company’s founding until February 1997 and again held both of those roles from October 1998 until retiring in January 2000. Howle was instrumental in the creation of several related businesses including Harbinger EDI Services, the company’s first initiative into business-to-business e-commerce and Harbinger Net Services, the company’s Internet joint venture with BellSouth.

Prior to Harbinger, Howle was a consultant with McKinsey Company, Inc., specializing in marketing and strategy studies. He also held positions at Hewlett-Packard and Booz, Allen Hamilton’s Applied Research Unit. Howle earned his MBA from Harvard Business School after completing both undergraduate and graduate studies at Clemson University where he earned a BS with honors in Physics and an MS in Systems Engineering.

“I am very enthusiastic about joining the CarrierPoint board,” said Howle. “The CarrierPoint team is at the forefront of e-logistics with innovative solutions which I expect will be of benefit to the entire industry. Working with this strong team represents a great opportunity for me both personally and professionally.”

As a leader in E-Commerce, he has received numerous awards including being named one of the “25 Unsung Heroes on the Internet” by Inter@active Week in 1998. He was selected as the 1997 Entrepreneur of the Year in the Emerging Technologies Category for the Southeastern US in a contest sponsored by Nasdaq and Ernst & Young LLP. His awards also include selection by the Georgia Securities Association as 1999 “Georgia Businessman of the Year”, a statewide award whose past winners include Tom Cousins of Cousins Properties, John Scherholz of the Atlanta Braves, and Ted Turner of Time Warner. Finally, during the fall of 1999, Harbinger was chosen as one of the 10 most admired companies in Atlanta in a survey of more than 200 Atlanta business leaders and officials by Business to Business Magazine.

In addition to Howle, the CarrierPoint board of directors includes: J. Edward Houston, counsel to Houston & Shahady, P.A., James P. Thompson, senior vice president and chief operating officer or the Transportation Services business unit of the UPS Logistics Group, Alex Rosen and Rakesh Sood, general partners of Sprout, Brian Kinsey, president and chief executive officer of CarrierPoint, John Thomson, executive vice president, chief concept officer and co-founder of CarrierPoint and Cliff Isaacson, executive vice president, chief technology officer and co-founder of CarrierPoint.

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