Telematic Company Kivera Names New CFO And VP Sales

Executive Team Gains Depth with the Appointment of Mark Strassman as Vice President of Products and Marketing OAKLAND, Calif.

--Nov. 26, 2001--Kivera, the standard for dependable location-based services (LBS), today announced the promotion of Thomas V. Bonomi, Jr. to chief financial officer from vice president of finance.

Bonomi was pivotal in facilitating Kivera's two rounds of funding totaling $29.9 million from contributors including Sun Microsystems, Fremont Communications, Automobile Club of Southern California and DENSO Corp. Kivera also announced the executive appointment of Mark Strassman as vice president of products and marketing.

``Bonomi and Strassman bring exceptional experience and depth to Kivera's executive team,'' said Clay Collier, Kivera president and CEO. ``Bonomi's success at building the company's financial foundation and his focus on long-term stability, combined with Strassman's marketing expertise will enable us to reach the next level of revenue growth and product development.''

As Chief Financial Officer, Bonomi is responsible for all financial and accounting functions, equity and debt solicitations, legal and human resource activities. Bonomi has been with Kivera for two years and has nearly 20 years of financial experience. Before joining Kivera, he served as vice president of corporate finance at GATX Capital, an asset-based financial services company. Bonomi, a certified public accountant, began his career at KPMG.

Strassman joins Kivera as vice president of products and marketing with more than 10 years of experience in the software tools and services industry. He is responsible for driving all product management and marketing strategies for Kivera's revolutionary location-based service (LBS) offerings that improve the functionality, reliability and ease of delivering LBS content and applications. Prior to joining Kivera, Strassman founded two successful technology companies and served in strategic product management and marketing positions at Macromedia and Adobe Systems.

About Kivera

Kivera, the standard for dependable location-based services, is a market-leader for in-vehicle navigation, telematics and voice-interaction services. With a history of delivering dependable, high quality location-based solutions to the best of breed companies, Kivera provides tailored, private-label solutions -- such as proximity searches, yellow page queries and driving directions -- to suppliers of wireless carriers, logistics and telematics organizations, on-board navigation companies, and Web, voice and wireless portals. Kivera's unique ability to compile content from multiple data sources provides the highest level of accuracy, flexibility and reliability available today. Customers and partners include AAA, BeVocal, Cross Country Automotive Services (CCAS), DENSO, HeyAnita, IBM's WebSphere and Sun-Netscape's iPlanet. Founded in 1997, Kivera is based in Oakland, Calif. For more information, please visit www.kivera.com.