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To: Bridge Player who wrote (20250)	4/11/2000 1:03:00 PM
From: signist	Respond to of 42804

(COMTEX)B: Hyporium: European expansion fuels further appointments at Hyporium APR 11, 2000, M2 Communications - London -- Hyporium.com the revolutionary Net Market maker, has appointed a new Chief Technology Officer and Business Development Director to support its European expansion plans. Paul Fox and Mark Billing have been harnessed into the respective positions, following the injection of $24 million venture capital funding into the business (January 2000). Fox comes to Hyporium with over 15 years of strategic IT experience. Before joining Hyporium, Fox was regional IT director for the EMEA & FSU regions at ITS, were he successfully managed ITS' Y2K project and was responsible for developing extranets for major blue chip organisations including Exxon, Elf and Sasol. He has also implemented web-basedtracking systems for the EEC and as a management consultant at Web Objects, Fox headed up e-commerce and web design projects for clients such as Microsoft, Sony and Schlumberger. Billing has equally impressive experience, having worked in strategic international expansion for the past 20 years. He has served as managing, marketing and business development directors in business sectors across the board. Within the retail industry, he has led both international marketing campaigns and international partnership programmes. Billing has also worked extensively with Warwick University, writing and pioneering corporate strategic plans and brand portfolio developments. He has an MBA from the University of Bath and has participated in advanced programmes at LBS Business School and Wharton Business School in the US. In addition, Billing is a member of the Chartered Institute of Marketing and the Society of Industrial Artists and Designers. "Hyporium is one of the most amazing products that I've had the opportunity to work with. The prospect of being part of this revolutionary B2B Net Market solution, that enables web-based trading is very exciting," said Paul Fox about his appointment at Hyperchannel. "Being part of the dynamic world of e-business is most definitely the place to be - particularly as a CTO. Hyperchannel is set to be the epi-centre of this new Net Market place." "We have continued to recruit top industry players from IT, business and e-commerce across Europe since October. This reflects our extensive growth plans at Hyporium," said Nick Kandola, European CEO at Hyperchannel. "The appointment of such highly experienced specialists endorses our commitment to delivering the best and most effective solution for the European IT channel." About Hyporium.com First launched in the UK in April 1999, Hyporium launched into Europe in October 1999 and is rolling out into 12 countries including France, Denmark, Germany, Holland, Sweden, Spain and Italy by Spring 2000. Targeting the reseller community across Europe, Hyporium predicts that more than $1Obn worth of IT stock will pass through the Hyporium Trading Hub over the next 24 months. Hyporium is the brainchild of Hyperchannel Ltd, a privately funded organisation that focuses on the emerging markets of e-commerce and IT security. It has recently received $24 million funding from leading venture capitalists, GS Capital Partner 111, L.P. and affiliates, (managed by the US investment bank Goldman Sachs), GE Equity, and MRV Communications Inc. Hyporium is a registered trademark of Hyperchannel Ltd. -0- (C)1994-2000 M2 COMMUNICATIONS LTDCONTACT: Jean Elliot, Marcoms Manager, Hyperchannel Tel: +44 (0)1189 654 157 e-mail: jean_elliot@hyperchannel.com Sarah Griffiths, Account Manager, Dawson Walker, Communications Tel: +44 (0)20 7323 2713 e-mail: sarah@dwpr.co.uk ((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at presswire.net on the world wide web. Inquiries to info@m2.com)). * end of story *