To: StocksMan who wrote (20009 ) 3/26/2003 8:16:23 AM From: AugustWest Read Replies (1) | Respond to of 20297 Lest we forget....Princeton eCom Names Jef Morrow Chief Product Officer; Former CheckFree VP Will Lead Product Development and Marketing PRINCETON, N.J., Mar 26, 2003 /PRNewswire via COMTEX/ -- Princeton eCom, a leading provider of electronic billing and payments, has appointed Joseph F. (Jef) Morrow, Jr. as Chief Product Officer. (Photo: newscom.com ) Morrow has held senior management positions in product management and business development in the electronic billing and payments industry during a 20-year career as a strategic marketing and business development executive. He also has been a frequent speaker at international forums on billing and payments and the author of several articles in industry publications. At Princeton eCom, he will lead the company's product management, development and marketing functions. He will also join the company's senior management team and report to Alix Hoffman, Senior Vice President Sales and Product Development. "Jef Morrow brings extensive knowledge of billing and payments products and the marketplace to Princeton eCom," said Ron Averett, Princeton eCom's President and COO. "He will play a key role as we focus our efforts on products that are even more responsive to the needs of billers and financial institutions in today's marketplace." Morrow served as Vice President - New Business Development and Vice President-Product Management for CheckFree i-Solutions where he was responsible for product management and for expanding the company's product line. He also served as Vice President, Product Marketing for BlueGill Technologies, where he targeted the development of the company's Internet billing software products to create vertical market solutions and advanced capabilities in marketing automation and analytics increasing sales to Fortune 500 customers. He also negotiated key strategic partnerships, alliances and distribution channels for BlueGill prior to its acquisition by CheckFree. Previously Morrow held marketing and corporate development positions for Telesciences, Inc. in Mount Laurel, N.J. and served as a member of the senior advisory board of BaseCamp Ventures, also in Mount Laurel. Morrow began his career as an economic analyst for National Economic Research Associates in Washington D.C. He later joined Verizon Corporation in New York City as an economist and rose through the management ranks to become the company's Director-Business Planning. He holds a BA in Economics from the University of Michigan and MA degrees in Economics and Mathematics from the University of Pennsylvania. He also holds an MBA with honors from New York University. He resides in Moorestown, New Jersey. ABOUT PRINCETON eCOM: Princeton eCom, the first company to present a bill on the Internet, provides electronic billing and payment services to billers, banks and other financial institutions. In addition to its core billing and payment services, Princeton eCom also offers electronic collection and one-time payment services as well as electronic balance transfer services. Princeton eCom is a privately held company. Major investors include New Century Equity Holdings Corp. (Nasdaq: NCEH), Mellon Ventures, the private equity partnership of Mellon Financial Corporation (NYSE: MEL), Lazard Technology Partners II LP (an affiliate of Lazard LLC) and Terra Lycos Ventures L.P., a venture capital fund affiliated with Terra Lycos, Inc. (Nasdaq: TRLY). SOURCE Princeton eCom CONTACT: Cole Silver of Princeton eCom, +1-609-606-3280 or csilver@princetonecom.com /Photo: NewsCom: newscom.com PRN Photo Desk, 888-776-6555 or 212-782-2840 URL: princetonecom.com prnewswire.com Copyright (C) 2003 PR Newswire. All rights reserved. -0- KEYWORD: New Jersey INDUSTRY KEYWORD: CPR MLM ECM FIN MFD SUBJECT CODE: PER *** end of story ***