ShopLink Names New Chairman, Board Members

Westwood, MA-based ShopLink Inc., a provider of PC-based
shopping for groceries and services in the Boston area, made three additions
to its board of directors and said that John R. Icke, previously its president
and CEO, has been named chairman and CEO.

New board members include Michael A. Pruzan, a partner of Soros Private
Equity Partners LLC; Ronald L. Rossetti, president of Riverside Capital
Partners Inc.; and Martin C.B. Mellish, director of Aspen Advisory Services.
They join original board
member J. Richard Cordsen. Original board members Mark Henry Thompkins and
company founder Robert J. Crowell have resigned; no explanation was given as
to why.

This announcement follows the recent completion of an approximately $12
million round of equity financing for ShopLink led by Soros.

“The addition of these accomplished directors will enable the company to
manage strategic issues in a very effective and dynamic manner,” said Icke. “I
would also like to recognize the contributions of Robert Crowell and Mark
Thompkins as board members from the initial development of ShopLink from 1996
to present day.”

ShopLink currently serves customers in more than 70 communities in the Boston
suburbs.

ShopLink offers groceries and specialty foods vendors including Captain
Marden’s Seafood, Capone’s Pasta, Rosie’s Bakery, Finagle-a-Bagel and The
Butcherie. ShopLink also provides dry cleaning, film processing and shoe
repair services.

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