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SPRINGBOARD 2000: MID-ATLANTIC SELECTS LAUNCHFUEL INC. TO PARTICIPATE AT JULY VENTURE FORUM

Reston, VA, June 28, 2000 — The National Women's Business Council, Women's Growth Capital Fund, Morino Institute, and America Online today announced they have selected LaunchFuel, Inc. as one of the 45 women-led companies that will participate in the Springboard 2000: Mid-Atlantic Venture Forum. The Springboard Forum will take place on July 11 and 12, 2000 at America Online's Dulles, Virginia headquarters.

LaunchFuel, a premier Internet accelerator company helping venture capitalists, angel investors, and incubators move their start-up portfolio companies rapidly and successfully to market, continues to expand its team of seasoned Internet professionals assembled from many of the most successful companies in the technology industry. Each of LaunchFuel's team members - from organizations such as AOL, AppNet, AT&T, Cable & Wireless, MicroStrategy, Network Access Solutions, Proxicom, PSINet, and Qwest - arrives at LaunchFuel with years of hands-on experience in identifying, developing, and rapidly executing on Internet-related business concepts. LaunchFuel provides crucial, timely, experience-based guidance critical in the process of building successful and sustainable Internet companies.

A committee of the Mid-Atlantic region's leading venture capitalists and service providers chose LaunchFuel from a field of over 300 applicants.

"Since we started LaunchFuel in September of 1999, the company has surpassed critical growth milestones and strengthened its core capabilities," said Mary Knebel, chief executive officer and president of LaunchFuel, Inc. "We have assembled our senior executive team, worked with eight qualified portfolio companies, created an Alliance Network, and secured participation from Internet experts to serve as our Board of Advisors. Being chosen to participate in Springboard 2000: Mid-Atlantic gives LaunchFuel the opportunity to continue its rapid growth by working closely with potential partners and customers throughout the Forum process."

About LaunchFuel, Inc.
LaunchFuel provides interim management teams in critical areas including eStrategy, Marketing and Communications, Technology, Business Development/Alliances, and Finance. Through its Alliance Network, LaunchFuel brings to bear expertise outside of its core competencies in areas that are also critical to Internet start-ups. LaunchFuel is headquartered in Reston, VA. For more information regarding LaunchFuel, please visit www.launchfuel.com or contact us directly via telephone at 703-736-0252 or via electronic message to info@launchfuel.com.

About Springboard 2000
Springboard 2000 sponsors and partners are the "who's who" of the region's leading investor, financial, business development and legal communities. A national initiative, the Springboard 2000 series is hosted by the National Women's Business Council, the Forum for Women Entrepreneurs and the Center for Women and Enterprise. For more information about Springboard 2000, including a full list of Springboard 2000: Mid-Atlantic presenters please visit the Web site at www.springboard2000.org.


 
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