April 1998

RAISING MONEY and LEVERAGING STRATEGIC ALLIANCES

Panel:

Bob Davis, Founder and CEO, Lycos, Inc.

Paul L. Schaut, President and CEO, Engage Technologies, Inc.

Mitchell S. Bloom, Partner, Testa, Hurwitz & Thibeault, LLP

Moderator: Les Brown, President, Brown & Burstein Management Advisors

At this meeting, experts will discuss how they raised money for their companies, and leveraged Strategic Alliances (often called Corporate Partnering) to grow their companies. Strategic alliance partners can invest money, be customers, provide sales and marketing expertise, access to channels of distribution, introductions, credit lines, and many other benefits. Our panelists, with backgrounds as entrepreneurs, raising and investing money, and in negotiating strategic alliances, will provide point-counterpoint.

Robert J. Davis is Founder and CEO of Lycos, Inc. since its inception in June 1995. Under his leadership Lycos has become the fifth most popular Internet destination in the world -- growing from an initial 200,000 visits a day to the lycos.com Web site to more than 10 million per day today. Mr. Davis converted $2 million in venture funding and a narrowly focused technology, into the Internet's premiere navigational center and a public corporation with a market value in excess of $500 million. With its initial public offering (IPO) completed in April of 1996, just ten months after inception, Lycos became the fastest IPO in US history. The company is one of the few profitable, pure-play Internet services, and with the recent acquisition of Tripod, Inc., Lycos is a major force on the World Wide Web.

Earlier, Mr. Davis served in various sales and marketing roles at General Electric, Wang Laboratories and Cambex Corporation. He holds a bachelor of science degree, summa cum laude, from Northeastern University and an MBA with high distinction from Babson College

Paul L. Schaut is the President and CEO of Engage Technologies, Inc., a fifty person company, where he oversees the evolution of the Engage Suite of products for interactive and database marketing on the Internet. With many years of experience in technology, marketing, sales, and business development, he drives the growth of Engage Technologies and creates new business opportunities for the company within the Internet market.

Prior to Engage Technologies, Mr. Schaut was Vice President of Strategic Partnering at Open Market, Inc. where his responsibilities included the creation and management of strategic corporate partnerships. He was directly responsible for cementing partner agreements with industry-leading companies such as Oracle, Sybase, PointCast, VeriFone, Netscape, iCat, KPMG, Cambridge Technology Partners and Microsoft. Before that, Mr. Schaut assisted in the turnaround of ONTOS, Inc. as Vice President of Sales and Marketing. He had international management experience at InterSystems Corporation, and directed sales, marketing, finance, and technical support. He graduated from the San Jose State University where he earned his B.S. in Business Administration.

Mitchell S. Bloom is a Partner of Testa, Hurwitz & Thibeault, LLP, and a member of the Business Practice Group. Mr. Bloom concentrates in general corporate and securities law with significant experience in public offerings (representing issuers and underwriters), private placements of securities, mergers and acquisitions, SEC compliance, and technology licensing and joint ventures. He represents both publicly- and privately-held corporations in a variety of industries including software, hardware, biotechnology, health care, communications, and semiconductors. He received his BS, cum laude, from Suffolk University in 1986, his JD from Boston college in 1989, and was admitted to the Massachusetts bar in 1989.

Les Brown is President of Brown & Burstein, a Lexington-based management advisory firm to Boards of Directors, CEOs and senior executives of technology-based companies. B&B specializes in the rapid resolution of business and technology issues in company performance, markets, management, and technology implementation. Mr. Brown founded two firms and was instrumental in starting and mentoring many other companies. He has over 25 years of multidisciplinary experience, and has commercialized over $200 million of successful products, often involving strategic alliances. He earned advanced degrees in engineering and business, and has been an invited speaker and moderator at many conferences, seminars, and universities. He is also Founder and for five years was Chair of the IEEE Entrepreneurs' Network.

Sponsor The Entrepreneurs’ Network is pleased to announce the Sponsor for this meeting, Testa, Hurwitz & Thibeault, LLP, of Boston, one of the fastest growing, general practice law firms for technology-based companies.

Copyright 1997 Spellbound Technologies