David Sharples Joins Parallelspace Corporation As Vice President of Business Development

To meet the increasing customer demand for Parallelspace Corporation’s family of Truly Collaborative™ business solutions, the company has hired industry veteran David Sharples as Vice President of Business Development in addition to hiring additional product development staff.

TORONTO, CANADA – June 1, 2002 – Parallelspace Corporation, a leading provider of business collaboration solutions and services, today announced that David Sharples has been appointed Vice President, Business Development. Sharples, an industry veteran with nearly 20 years of sales and marketing experience, is responsible for accelerating Parallelspace’s sales growth in the enterprise, government, and small and medium size business markets worldwide.

“We are very excited to have David on board because he understands the business and knowledge collaboration spaces extremely well and will be a tremendous asset driving the world-wide customer success of Parallelspace’s family of Truly Collaborative business solutions.” said Michael Herman, founder and CTO of Parallelspace Corporation. "David brings nearly 20 years of experience understanding, meeting and exceeding the needs of major accounts, business partners, and ISVs (independent software vendors).”

"I'm thrilled to be joining Parallelspace at this phase of the company’s development," Sharples said. "Michael Herman’s experience with the Groove Networks business collaboration platform and Microsoft’s SharePoint Portal Server document management portal has created a vision and product strategy that positions Parallelspace Corporation as a key player in the Microsoft and Groove Networks business and knowledge collaboration markets.”

Previously, Sharples held the positions of General Manager, Lotus Canada and General Manager of the IBM Canada Lotus Business Unit where he managed the sales of many successful messaging and collaboration solutions based on Lotus Notes, Domino.doc, and Learning Space.

Sharples began his high tech sales and marketing career at Toshiba Canada, where he was National Director of the Information Systems Group’s corporate and channel sales divisions. During his tenure, Toshiba captured the No.1 market share position seven out of the 8 years of David’s involvement. In addition, David Sharples served as Vice President of Sales & Marketing at Thinksmith, a document collaboration start-up, as well as Director of Marketing at Borland Software.

David Sharples is based in Toronto, Ontario, Canada and can be contacted at david.sharples@parallelspace.net.


About Parallelspace (http://www.parallelspace.net)

Parallelspace Corporation, founded in 2001, is a business collaboration solutions and services company based in Toronto, Canada and is one of the founding members of the Groove Networks, Inc. business partner program. Parallelspace offers turn-key solutions, custom software development, systems integration and strategic planning services, and has an established reputation for delivering reliable and effective solutions. Parallelspace combines technical expertise and a focus on business objectives to deploy the right enterprise-class solutions for our customers. Parallelspace customers include Compaq Global Services, Helix Commerce, Lear Corporation, Microsoft Corporation, SalesTeam Canada, and ThinkPath.

More Information

More information on all of Parallelspace's family of Truly Collaborative business solutions can be found at http://www.parallelspace.net/solutions and http://www.parallelspace.net/pressroom.

Downloadable versions of Parallelspace eMail for Groove Workspace 2.0 can be found at http://www.parallelspace.net/downloads/beta/.

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For additional information, please contact:

David Sharples
Vice President, Business Development
Parallelspace Corporation
(905) 884-8285
david.sharples@parallelspace.net

Michael Herman
Founder and CTO
Parallelspace Corporation
(905) 884-8285
mwherman@parallelspace.net