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  Press Release

News Release

For Immediate Release

Senior Motorola Executive Joins NetNearU as Executive Vice President for Marketing and Sales

COLLEGE STATION, TX – January 8, 2002 – Jay A. Bonk has joined NetNearU as executive vice president for marketing and sales and officer of the corporation. Bonk previously held senior marketing, product management, strategy, and business development positions with Motorola, Inc. for more than 20 years. Most recently, Bonk was vice president and director of business development for Motorola’s Semiconductor Products Sector where he was responsible for mergers and acquisitions. NetNearU is a software company whose products allow wired and wireless operability and tracking of interactive data.

In his short tenure with NetNearU, Bonk has demonstrated his significant talents as a strategist and business leader. "Before joining NetNearU, I was convinced that the company had the right technology solutions and enormous potential for growth. I am excited to work with other members of the management team to realize our revenue and profitability goals." At Motorola, Bonk was vice president and director of sales and marketing for the Integrated Electronic System Sector in Northbrook, Illinois where he led teams that quadrupled revenues in five years. In addition, he had extensive international marketing experience in Asia and Europe.

"We have ambitious growth plans," said Larry M. James, CEO and chairman of NetNearU, "and we are pleased to have someone with Jay’s deep and successful experience in U.S. and international sales and marketing. He will bring significant industry insight and a strategic perspective that will enable NetNearU to increase our leadership, our visibility, and market share in the software marketplace."

NetNearU develops management and reporting solutions for Internet-based systems. The Company's TRACKOSTM and SystemHealthTM products provide for centralized, near real-time remote monitoring, management and maintenance of any number of Internet-based terminals and wireless access points located anywhere in the world. TRACKOS is a scalable and flexible platform that collects, stores and reports data for analysis of business activities. The Company's ADTRACKOSTM product provides for interactive content to be remotely uploaded and sent to designated terminals. ADTRACKOS also generates billing records to facilitate the invoicing of advertisers. The Company is focused on applications offering wired and wireless Internet access and applications deployed in retail markets to support e-commerce and customer service functions. NetNearU offers technical support, hardware monitoring, maintenance dispatching and credit card processing services to its licensees, as well as a full range of professional services to integrate its software products with customer applications. NetNearU is also a leading distributor of public Internet access terminals.

The Company is headquartered in College Station, Texas. More information about NetNearU may be found at www.nnu.com.


For more information:

Phillip J. Storin

NetNearU Corp.

[email protected]

(512) 327-6152

Dale Chrisman

Chrisman Group

[email protected]

(512) 345-8969


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