Clayton S. Rose Joins Mobility Technologies' Board of Directors

    WAYNE, Pa.--June 13, 2001--Mobility Technologies, Inc., today announced the appointment of Clayton S. Rose to its Board of Directors.
    Mr. Rose is the former Vice Chairman & Operating Executive of JP Morgan, the investment bank of JP Morgan Chase & Co. Prior to its merger with Chase Manhattan, Mr. Rose spent 20 years at J.P. Morgan & Co. as a senior executive, as a member of its management committee and most recently, as head of the Global Investment Banking division.
    Previously, he headed Morgan's Global Equities division and was founder and architect of the firm's equities business. He also held management positions in various corporate finance and markets businesses, spending three years with the firm in London. Among his firm-wide roles, he served as a board and investment committee member of Morgan's private equity investment organization; Chairman of J.P. Morgan Securities, Inc, the firm's U.S. broker-dealer; and leader of Morgan's Diversity Initiative.
    He is a member of the Visiting Committee for The College of The University of Chicago, and holds B.A. and M.B.A. degrees from the University of Chicago.
    Mobility Technologies' Chairman, Mark DeNino, observed: "We are delighted to welcome someone of Clayton's experience and talent to our board. He brings to the company a broad-based business background, as well as a wealth of financial experience. He will be a great asset to us as we move forward in our goal of becoming the leading provider of digital traffic and logistics information."

    About Mobility Technologies:

    Mobility Technologies (formerly Traffic.com) is creating America's premier traffic information franchise with its Digital Traffic Pulse sensor network, an Advanced Traffic Information Service (ATIS). The network continually measures traffic flow on major highways to provide motorists with real-time information such as actual speeds and point-to-point travel times.
    Information is distributed on Mobility Technologies' interactive Web site (www.traffic.com) and featured on select radio and television broadcasts. Soon, motorists will also have access to Mobility Technologies' wireless services, to include personalized traffic updates and alert messages. Ultimately, Mobility Technologies' traffic reports will be transmitted directly to drivers in their vehicles through on-board telematics devices.
    In addition to the company's two digitally networked cities (Pittsburgh and Philadelphia), its web-based traffic information service is also currently available in New York City, Los Angeles, San Francisco, Chicago, Houston, Dallas, Detroit, Baltimore, Tampa and St. Louis. Mobility Technologies is headquartered in Wayne, PA. For more information, see www.mobilitytechnologies.com

    (c) Copyright 2001 Mobility Technologies, Inc. All rights reserved.