Autodaq Corporation Names Carole-Lynn Glass Vice President - Finance

31 October 2000

Autodaq Corporation Names Carole-Lynn Glass Vice President - Finance

    MENLO PARK, Calif.--Oct. 31, 2000--Autodaq Corporation (www.autodaq.com), a leading business-to-business e-commerce automotive and remarketing company, has named Carole-Lynn S. Glass vice president of finance.
    Glass, an 18-year veteran of corporate finance who has served as a financial consultant to Autodaq over the past five months, will oversee the company's finance and administrative functions, and will serve on the company's executive committee. She will report to Adam Boyden, Autodaq president and chief executive officer.
    "Carole-Lynn brings tremendous experience and knowledge in corporate finance and administration to Autodaq," said Boyden. "Her strong business acumen is an asset to our executive management team and will greatly enhance our ability to grow Autodaq and serve our customers."
    Before joining Autodaq, Glass served as chief financial officer and vice president of finance and administration for SteriGenics International Inc., a third-party contract sterilization and materials processing company. Among her responsibilities, Glass guided the company's initial public offering and follow-on offering, led the financial due diligence of the company's merger and acquisition activities, and provided necessary SEC filings.
    Glass previously served as corporate controller for 3Soft Corporation, a United Kingdom-based intellectual property company. Her responsibilities included opening the company's U.S.-based office, restructuring the company from a U.K.- to a U.S.-based entity, and managing the financial systems of both domestic and overseas operations.
    Before joining 3Soft Corporation, Glass had risen through various accounting and finance positions to become corporate controller and director of ADI Systems, Inc./Espirit Systems, Inc.
    Glass earned a Bachelor of Science degree in accounting and business administration from State University of New York at Fredonia.
    Autodaq Corporation (www.autodaq.com) is an automotive remarketing company that provides the infrastructure and technology to facilitate the business-to-business trade of used cars on the Internet, as well as professional remarketing services that include remarketing management, lease maturity management, strategic marketing, vehicle sourcing, and sales & leadership training. Autodaq services significantly reduce costs, increase profitability, and improve operational efficiency for financial institutions, auto manufacturers, and other fleet, lease and rental car operators, as well as franchised, independent, and Internet-based auto dealers and wholesalers. Based in Menlo Park, Calif., Autodaq is a privately held company; its investors include August Capital, Madison Dearborn Partners, Zilkha Ventures, and several angel investors from the Internet and automotive industries.

    SOURCE: Autodaq Corporation