Katalyst President John Fitzgerald Named to eRisks.com Board of Advisors; His E-commerce Expertise Will Enhance Risk Management Services

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Katalyst President John Fitzgerald Named to eRisks.com Board of Advisors; His E-commerce Expertise Will Enhance Risk Management Services

Friday, March 31, 2000

(LP) RADNOR, Pa. - (BUSINESS WIRE) - March 31, 2000 - Katalyst, the first Full Service Accelerator(TM)(FSA), providing strategic venture capital and management services to B2B Internet businesses, announced today that company president and co-founder John Fitzgerald has been named to the board of advisors of eRisks.com, an Internet hub for risk management professionals.

"We are extremely pleased to have someone with Mr. Fitzgerald's e-commerce expertise join our advisory board," said John Drzik, chairman of eRisks.com's parent company, Enterprise Risk Solutions (ERS). "His knowledge of the B2B Internet marketplace will serve us well in achieving our goal of offering businesses the resources they need to strengthen risk management effectiveness on a 24x7 basis."

(TD) eRisks.com, a Katalyst portfolio company, delivers online content as well as sophisticated risk management analytics for financial institutions and other corporations. As a subsidiary of ERS, eRisks.com is able to offer risk professionals focused consulting services on risk management issues through another ERS division, ERS Consulting.

"ERS has taken a visionary approach with eRisks.com, providing a powerful tool to companies seeking to measure and manage risk at Internet speed," Mr. Fitzgerald said. "I look forward to working with the board and management of eRisks.com in furthering the company's reach into the marketplace."

Prior to co-founding Katalyst, Mr. Fitzgerald was a general management executive for leading financial Internet companies. Most recently, he was vice president and general manager of the professional services division of TheStreet.com. He also currently serves as chairman of iGrandparents.com. Earlier, as president of the consumer markets division of Standard & Poor's, Mr. Fitzgerald brought the S&P brand name to prominence in the individual investor market with the launch of Personal Wealth.

In addition to eRisks.com, other companies accelerated by Katalyst include: Breakaway Solutions (NASDAQ: BWAY), supplyFORCE.com, farmbid.com., Verticalease.com and InvestorForce.com.

About Katalyst LLC

As the first Full Service Accelerator (FSA), Katalyst LLC drives rapid growth and value creation for B2B Internet businesses through a unique combination of operational expertise and strategic venture capital. Fueled by investment from its own fund, Katalyst Venture Partners I, LP (KVP I) the firm accelerates portfolio companies through all aspects of building successful and sustainable, Internet businesses. The first organization of its kind, Katalyst's 40 industry professionals leverage its proprietary Net Acceleration(TM) methodology to accelerate their portfolio companies from early stage funding through IPO. Headquartered in the metropolitan Philadelphia area, Katalyst is a privately held firm. For more information about Katalyst, visit www.katalyst.com.

About ERS

Enterprise Risks Solutions (ERS) helps clients with enterprise risk management through its Internet business (eRisks.com) and its consulting practice (ERS Consulting). ERisks.com provides informational, analytical, and risk transfer services to risk professionals globally. ERS Consulting helps clients to establish enterprise risk management programs, including organizational design, risk policies and reporting. For more information, go to www.eRisks.com.

(CT) Contact: Tony Marcos, 212-819-0170 or Jeremy Milner, Arnold Public Relations 617-587-8921