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Steve Stennett Joins the Management Team at eOriginal, Inc.; Steve M. Stennett, Vice President of Sales and Marketing

Steve Stennett Joins the Management Team at eOriginal, Inc.; Steve M. Stennett, Vice President of Sales and Marketing

Business Editors/High-Tech Writers

BALTIMORE–(BUSINESS WIRE)–Aug. 12, 2003

eOriginal, Inc., a leading software solution provider for electronic contracts, transferable negotiable instruments, securities and source records, today announced the appointment of Steve M. Stennett as Vice President, Sales and Marketing. Mr. Stennett will augment eOriginal’s seasoned management team bringing to the company a wealth of management, sales and marketing experience. In his new role with eOriginal, Mr. Stennett will oversee the design and implementation of sales and marketing strategies and tactics for maximizing eOriginal’s revenues.

“We are fortunate to have a talent like Steve Stennett joining eOriginal’s management team as Vice President of Sales and Marketing,” said Stephen Bisbee, eOriginal’s president and co-founder. “He has a proven record in not only technology sales and marketing to major corporations, but in developing profitable business results. His experience and leadership with international corporations will greatly enhance eOriginal’s sales and market presence in the finance and pharmaceutical industries.”

Prior to joining eOriginal, Mr. Stennett served as President of Concord Systems and is widely respected for business strategies that have led to increased sales and business development for many high-profile companies. Before founding Concord Systems, Mr. Stennett spent three years with BEA Systems as a Business Development Manager for the eCommerce Integration Division, following thirteen years as a senior manager with Fortune 500 product companies such as Primark, Inc., Digital Equipment Corporation, and Unisys.

Mr. Stennett has jointly developed and submitted three US Patents. He earned a Bachelor of Science degree in Computer Science and a Master of Science degree in Technology Management from the University of Maryland. Additionally, he has co-authored articles in IEEE and FAA.

About eOriginal:

eOriginal, Inc. is a leading software solution provider offering a complete, comprehensive and integrated solution for electronic contracts, transferable negotiable instruments, securities and source records. eOriginal’s software enables enterprises to execute secure, online business transactions in which legally enforceable electronic documents completely replace paper as the essential high value assets or source records. The eOriginal eCore(TM) Business Suite enables the creation, sale, syndication and securitization of fully electronic assets, such as mortgage notes, leases, installment contracts, and securities, as Transferable Records under E-Sign, UETA and UCC Article 9. eOriginal is headquartered in The Warehouse at Camden Yards in Baltimore, MD. For more information, visit http://www.eoriginal.com.

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