EBXX EBUX INC - New Board of Directors, Advisory Board and Company Name
New York, New York, May 02, 2001 (Market News Publishing via COMTEX) --
Petapeer Holdings Inc., formerly EBUX, Inc., a leader in identifying and
commercializing market-ready peer-to-peer technologies, announced new
appointments to its board of directors and advisory board.
The Company also announced the receipt from the Department of State for the
State of Florida of Articles of Amendment changing the Company's name from EBUX,
Inc. to Petapeer Holdings Inc. The Company has commenced the administrative work
necessary to change the Company's listing on the OTC BB to Petapeer Holdings
Inc. and to obtain a new trading symbol reflecting the new name. Until the
market is notified of the effective date of a new trading symbol, all stock
trades will continue to be made under the EBXX symbol.
The Company's board of directors shall be comprised of Stephane Chouinard,
Rodger Brulotte, Shaun G. Sidwall and Jonathan R. Levinson who will offer
strategic insight, management and vision that will guide the day-to-day
activities of Petapeer Holdings Inc. The Company's advisory board will be
comprised of John D. Hobart and Matthew Early who will offer technological and
programming consultation for Petapeer Holdings Inc.'s products, including its
first product, Gnotella, a file sharing application of the Gnutella Network.
Along with the new board of directors, the new company name was chosen to
reflect the Company's mission. Stephane Chouinard, director and Interim CEO of
Petapeer Holdings Inc., explains, "We are planning for the future when you will
be able to measure information shared with peers in a P2P network by petabytes -
a larger measure of information than terabytes. Our name change reflects our
commitment to support this next level of information sharing which we see as the
future of peer-to-peer technologies." Stephane Chouinard, Director & Interim
CEO, Petapeer Holdings Inc.
Stephane Chouinard conducts all strategic and financing activities of the
Company while overseeing its day-to-day organization. Prior to joining Petapeer
Holdings Inc., Mr. Chouinard was vice president of corporate development and
co-founder of Planet 411.com Inc, an e-business solution for retailers. There he
led the business development activities of the Company, pursing partnerships and
licensing agreements. Mr. Chouinard was also director and CEO of CorporationNet
where he negotiated the exclusive worldwide rights to the C.S.I Vigil Smartcard.
He also has experience as an independent marketing and communications
consultant. Rodger Brulotte, Director, Petapeer Holdings Inc.
Rodger Brulotte brings a wealth of expertise in marketing, media and press
relations to his role as director of Peetapeer Holdings. Prior to joining
Petapeer Holdings Inc., Mr. Brulotte worked with the Montreal Expos baseball
team for over 30 years. During this time, he played many different roles - from
promotions coordinator to radio broadcaster. As promotions coordinator, Mr.
Brulotte managed the Expos' social events and implemented the very first ticket
sales department done by phone in the United States and Canada. Mr. Brulotte
also worked closely with Harrison Erickson, the company responsible for the
conception of the Sesame Street characters, to develop the Expos' mascot,
Youppie. During his time with the Montreal Expos, Mr. Broulotte also was a part
of the team recognized for the best marketing of the year in 1980 in Major
League Baseball. Mr. Broulotte became a broadcaster for the Expos in 1984 for
the Montreal French radio networks. Shaun G. Sidwall, Director, Petapeer
Holdings Inc.
Shaun G. Sidwall brings his expansive programming expertise to his role as a
member of the board of directors where he consults on the programming and
evaluation of market ready peer-to-peer technologies. Mr. Sidwall is the
developer of the program Gnotella, Petapeer Holdings Inc.'s first peer-to-peer
technology.
Mr. Sidwall worked previously for Hewlett Packard as an E-Services Technical
Consultant. There, he worked on a large range of development projects focused on
Internet applications using technologies including Java, ASP, E-speak, BEA
Weblogic and many more. Mr. Sidwall also developed Rhinolator, a popular plug-in
for the 3-D modeling program Rhinoceros that allows direct mathematical
translation of commands. He created 341B EMS, a FJO Enterprises Inc. engine
management system that allows for car profiles, real time monitoring and logging
of performance.
Mr. Sidwall attended McGill University where he received a Master's in Chemical
Engineering. Jonathan R. Levinson, Director, Petapeer Holdings Inc.
Jonathan R. Levinson is a director of Petapeer Holdings Inc. and determines
corporate and legal strategy and business development while working closely with
the Company's advisory board. Previously, Mr. Levinson was the vice-president,
general counsel, corporate secretary and co-founder of Planet411.com Inc. There
he orchestrated legal, regulatory and corporate initiatives, including
fundraising and advising the Company's founders on business and marketing
strategy. With a background as an attorney in technology, corporate and
administrative law as well as commercial and civil litigation, Mr. Levinson
brings a wide range of expertise to Petapeer Holdings Inc.
Mr. Levinson is 31 years old and received his Bachelor of Common Law (LLB) and
Bachelor of Civil Law (BCL) from McGill University in Montreal, Canada, as well
as his Bachelor of Arts (hons) in philosophy from Queen's University in
Kingston, Ontario.
Mr. Levinson is a member of the New York, Massachusetts and Quebec bar
associations. John Hobart, Advisor, Petapeer Holdings Inc.
John Hobart brings more than 12 years of programming expertise to his role as a
member of the advisory board.
He began programming when he was 16 for General Electric in the Industrial Motor
Division where he played a crucial role in the development of modeling software
for large scale electrical motors. Mr. Hobart has also worked in retail system
programming in Montreal and was chief developer at PCXTrade, a direct access
multi- ECN trade routing firm on Wall Street. Previously, he developed warehouse
supply-chain management systems for both The Aldo Group and Georgio Armani.
Originally from Vancouver, John Hobart attended McGill University where he
studied physics and computer science. Matthew Earley, Advisor, Petapeer Holdings
Inc.
Matthew Earley provides technological consultation in the commercialization of
ready-to-market P2P technology. An Internet and Internetworking consultant for
10 years, Mr. Earley has implemented scalable, secure, redundant enterprise
networks for corporate environments including Internet/Intranet and corporate
LAN/WAN via his consulting company, UserName Networks, Inc. Clients have
included many of the Fortune 500 companies in the manufacturing, medical, legal,
financial and Internet industries, including Medscape in partnership with AOL
and CBS, and Marsh & McLennan/Guy Carpenter.
Mr. Earley studied Electrical Engineering at the University of Buffalo, where he
integrated hardware and software in the development of communications systems.
About Petapeer Holdings Inc.
Petapeer Holdings Inc. (OTC BB: EBXX) identifies and commercializes market-ready
peer-to-peer (P2P) technologies. Its first licensed technology, Gnotella, is an
application of the open-source Gnutella Network that allows users to quickly and
accurately search and share files anytime, anywhere with anyone in the network.
Created for Windows, users can download any type of file, including text, audio,
video, spreadsheets, word processing, software and more, through the Gnutella
Network. Petapeer Holdings Inc. urges its users to obey copyright laws and
rights of third parties, but does not and cannot monitor user activity. Neither
does it collect or sell user information. Petapeer Holdings Inc.'s easy-to-use
application and respect for its users' privacy make Gnotella widely popular with
more than a million users in 121 countries using it to share files. Gnotella is
available for free download at gnotella.com.
This report contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. Actual results could differ materially from those projected in the
forward-looking statements if assumptions upon which the forward-looking
statements are based do not turn out to be true. The assumptions upon which the
forward-looking statements are based include without limitation: new board
members and advisors will be successful in applying their expertise individually
and collectively to the growth and success of Petapeer Holdings Inc.; Internet
service providers will continue to support peer-to-peer initiatives as they now
exist and as they will exist in the future; the Company will be successful
competing in a competitive market; the Company is correct in its vision that the
future, in part, of peer-to-peer technologies is being able to measure
information shared with peers in petabytes.
CONTACT: TEL: 212-901-3987 Annette Said, Alexander Ogilvy Public Rel
tions
Email: asaid@alexanderogilvy.com
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KEYWORD: New York, New York
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