Jeffrey Wheeler Appointed TestMartâ„¢ Chief Financial Officer

Seasoned financial executive to lend expertise to growing E-commerce site

SAN BRUNO, Calif. - March 17, 2000 -
TestMartTM, the leading information and commerce marketplace for the test and measurement industry, announced the appointment of Jeffrey Wheeler as Chief Financial Officer. In his new role, Mr. Wheeler will direct accounting, banking, finance, investor relations and human resources.

"Jeffrey brings a long record of business success, from building start-ups to leading turnarounds in mature industries," said CEO Peter Ostrow. "We are privileged to be able to call upon his broad financial and strategic knowledge as TestMart continues to reach the established test and measurement community through the growing Internet marketplace."

Wheeler has held senior finance and management positions with a diverse group of firms, including Sierra Financial Group, Wells Fargo, Logistics Management, Inc. and Zacson Corporation, an international teleservices company, where he was most recently President, CEO and CFO. During Wheeler's tenure with Zacson, revenue grew almost fourfold as they acquired majority interest in companies in Belgium and Mexico, and created joint ventures in Japan with Nippon Telephone and Telegraph (NTT) and in Canada with Saskatchewan Telephone. Prior to Zacson, Wheeler was executive vice president of Sierra Financial Group, which he co-founded. He also served as vice president of Finance and Administration at Logistics Management, Inc., and CFO of BiRite Food Service Company. He holds a Bachelor of Science degree in Finance from Santa Clara University and an MBA from the University of San Francisco.

TestMart is the most comprehensive test equipment reference site and marketplace on the Internet. The site features massive databases of unbiased, proprietary and hard-to-find information and a safe secure Buy Online area where users can locate, compare, and select from an extensive offering of new and refurbished instruments. Databases contain detailed specifications on over 9,000 test and measurement products, contact and historical information on more than 500 manufacturers and a Reference section with extensive product information including calibration intervals, life cycles, Y2K and CE status.

Headquarters is located at 851 Traeger Avenue, San Bruno, California 94066; Telephone 650-624-0525, Fax 650-624-0535. For more information on TestMart, address e-mail to jharrington@testmart.com. The TestMart Web site can be found at https://www.testmart.com/.

EDITORIAL CONTACT:
Martin Wolf
650.794.3705
mwolf@testmart.com