MAY 27, 1999
Storage One Inc.: Leading Information Technology
Consultant Joins Storage One Board of Directors
TORONTO, ONTARIO--Storage One Inc., whose shareholders recently
approved a name change to EcomPark Inc. (the "Corporation"), is
pleased to announce the addition of Mr. Don Tapscott to its Board
of Directors.
Mr. Tapscott is described by Vice President Al Gore as "one of the
world's leading cyber-gurus" and by the influential Washington
Technology Report as one of the most influential media authorities
since Marshall McLuhan. He is an internationally sought
consultant, speaker, and authority on information technology in
business and consults to the world's largest corporations.
Mr. Tapscott is Chairman of the Alliance for Converging
Technologies, a think-tank, research and consulting firm founded
in 1984 to enhance competitive strategies of companies in the
digital economy. Today, the Alliance is working with a variety of
international corporations, governments and other organizations on
determining how the Internet and new media are creating both
opportunities and threats to traditional organizations.
Mr. Tapscott is also President of New Paradigm Learning
Corporation. His clients include top executives of many Fortune
100 Companies and other leading enterprises around the world. In
Canada in 1992 he chaired the first information highway advisory
council ever established-setting a model emulated by many
companies.
John A. McMahon, Chairman of Storage One, said, "Having Don join
our Board is a watershed moment in our Company's history. With
Don on board, the Company will have access to the most promising
of these early stage companies and the talent pool that drives
their growth."
Don is also a well recognized author and journalist. Mr. Tapscott
has authored seven widely read books on the application of
technology in business. His recent book, GROWING UP DIGITAL: The
Rise of the Net Generation won the first Amazon.com Bestseller
Award in the summer of 1998.
THE DIGITAL ECONOMY: Promise and Peril in the Age of Networked is
one of the best selling books about technology in business ever,
appearing on a number of best-sellers lists, including the New
York Times business book list. It had a run of seven months on
the Business Week bestsellers list. It has been translated into
14 languages.
Mr. Tapscott is also a regular contributor to the Financial Post.
About the Corporation
Through its new subsidiary Rollercoaster Studios Inc.
("Rollercoaster") and the proposed acquisition of Generation-Net
Services Inc. ("Generation-Net"), the Corporation provides web
development services, e-commerce solutions and strategic Internet
consulting. After the completion of the Generation-Net
acquisition, the Corporation, through its subsidiaries will have
one of Canada's largest web strategy and development companies.
Furthermore, Generation-Net and Rollercoaster will create and
develop unique Internet media assets for the Corporation.
The Corporation's venture capital division makes investments and
takes ownership positions in promising start-up companies that
want to promote and sell their products over the Internet.
The Corporation also provides proven storage technology
peripherals and devices to value added resellers, systems
integrators and original equipment manufacturers. The Corporation
is currently revising its business model to harness the
distribution capabilities of the Internet. Historically,
Peripherals Place (www.peripheralsplace.com) has been the
Corporation's Web destination for marketing and distribution of
the Corporation's end-of-line products and excess inventory,
however, the site is currently dormant. The Corporation intends
to create a total e- commerce solution through the enhancement of
Peripherals Place by Rollercoaster to make it the primary vehicle
for the sales of the Corporation's data storage products.
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