FOR IMMEDIATE RELEASE WEDNESDAY, March 23, 2001

Barry Babcock joins TradeHarbor^SM Board of Directors

 

ST. LOUIS - TradeHarbor, Inc. announced today the appointment of Barry L. Babcock, the retired chairman of Charter Communications, Inc., to its board of directors.

 

Mr. Babcock's career has been devoted to the building of technology companies from the ground up. He began his career in the cable industry in the mid 1970s, co-founded Cencom Cable Associates in 1982, and co-founded Charter Communications in 1993. He is a passionate businessman, committed to creating lasting value for employees and shareholders, and is an important civic leader in St. Louis.

 

TradeHarbor initially approached Mr. Babcock from an advisory standpoint and according to Mr. Babcock "the timing was just right. TradeHarbor has the right mix: an experienced management team, a unique product with tremendous potential, a tight and do-able business plan, all based on a realistic and reasonable time frame."

 

According to Paul S. Heirendt, TradeHarbor president and CEO, "we are honored by Mr. Babcock's decision to join our board of directors. Mr. Babcock's 20+ years of experience founding and growing companies is invaluable to us as we execute our business plan."

 

Mr. Babcock is currently on the board of directors of Firstar Bank, St. Louis and in the past has served on the boards and executive boards of the National Cable Television Association (NCTA), the Cable Telecommunications Association (CATA), the Cable Advertising Bureau, C-SPAN, and Cable in the Classroom. He is a member of the Cable Entrepreneurs Club and is a frequent speaker on topics relation to the cable industry.

 

Mr. Babcock also is active in many civic endeavors in the St. Louis metropolitan area. He serves on the executive boards of the Regional Business Council, the Missouri Historical Society, and Citizens for Home Rule. He also is on the board of the Regional Commerce and Growth Association.

 

About TradeHarbor

 

TradeHarbor, Inc. (www.tradeharbor.com) has been established as the premier voice signature company on the Internet. TradeHarbor's Internet based service offering, The Voice Signature Service^SM, enables user authentication by providing voice signature capabilities as a direct replacement or adjunct for hand-written signatures.

 

This press release contains statements of a forward-looking nature relating to future events or future financial results. Investors are cautioned that such statements are only predictions and actual events or results may differ materially. In evaluating such statements, investors should specifically consider various factors, which could cause actual events or results to differ materially from those indicated from such forward-looking statements. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

 

CONTACTS:

 

For TradeHarbor®, Inc. - Heidi Pohlman (314) 878-1200 Ext. 415

email: hpohlman@tradeharbor.com

 

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