Microsoft CFO John Connors Joins imandi.com Advisory Board

REDMOND, Wash.--(BUSINESS WIRE)--April 26, 2000--imandi.com, the leading reverse marketplace Website, today announced the appointment of John Connors, Chief Financial Officer of Microsoft Corporation (Nasdaq ``MSFT''), to its Advisory Board.

``We are delighted to welcome John aboard, and look forward to benefiting from his fantastic experience and strategic understanding as we pursue our rapid growth,'' said Raghav Kher, President and CEO of imandi.com, which is based on a Microsoft IIS platform.

``imandi.com is one of the most exciting e-commerce companies around today, and is truly revolutionizing the way people shop for goods and services on the Internet,'' said Mr. Connors. ``I'm pleased to be able to contribute my input and participate in this exciting business opportunity.''

Mr. Connors was appointed CFO of Microsoft in December, after almost 11 years in various senior management positions, most recently as vice president of the worldwide enterprise group, responsible for the sales, services and relationship strategy for large, medium and small businesses across all industries. Prior to that, Connors was vice president and chief information officer overseeing worldwide internal technologies infrastructure, corporate information and key internal systems. He joined Microsoft in 1989.

Mr. Connors is a CPA and a graduate of University of Montana. He is a member of Governor Gary Locke's Council of Economic Advisors for Washington State, and sits on the board of The Montana Power Company.

Other members of the imandi.com Advisory Board are: Randy Forgaard, co-founder, Vermeer Technologies, Inc. (creators of FrontPage); John Sabol, Assistant to the Chairman, Microsoft Corporation; Suhas Apte, Vice President, Kimberly-Clark Corporation; Craig Sherman, Director, Venture Law Group, and; Richard P. Bagozzi, Dwight F. Benton Professor of Behavioral Science in Management and Marketing, School of Business Administration, The University of Michigan - Ann Arbor