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Press Release

Finalists Announced for 2002 MIT Sloan eBAs

Most Nominations in Awards' History Received

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Feb. 19, 2002--The MIT Sloan eBAs today announced the 70 finalists for its 2002 program. Five finalists were chosen in each of the fourteen award categories. This year's 754 total nominees marked the most in the eBA's four-year history and underscore the Award's growing popularity among eBusiness leaders, technology innovators and their influencers throughout the world. Winners in the primary award categories will be chosen by the MIT Sloan eBA jury, which consists of leaders from industry, academia and media. Winners will be announced at the eBusiness Awards Ceremony on April 17, 2002 at 6:30 p.m. at MIT's Kresge Auditorium.

The eBAs were founded in 1999 to recognize outstanding achievements by companies and individuals that have advanced the state of the art in eBusiness.

New for 2002 are six industry awards categories designed to recognize excellence within vertical segments. Winners in these categories will go through the same rigorous review process of the primary awards and will also be judged by a jury of experts working in each industry. Industry award winners are expected to be announced about two weeks before the awards ceremony.

``The record number and high caliber of this year's nominees and their achievements provide further validation that eBusiness is an integral part of doing business today,'' said Jay Livens, awards co-producer. ``This year's finalists achieved consequential advances in technology innovation and represent true eBusiness success stories.''

``The 2002 eBAs are shaping up to be our most exciting year thus far,'' added Matthew Rhoden, co-producer of this year's awards. ``We have six new award categories showcasing vertical industry accomplishments, and are hosting our first annual Business Innovation Conference around the awards ceremony. The Conference will focus on this year's awards themes of Mobile Commerce, Aggregation in Financial Services and B2B in Supply Chain Management so as to showcase the finest examples of bottom-line eBusiness today.''

And The 2002 MIT SLOAN eBAs Finalists Are...

Business of the Year:

    AOL Time Warner
    eBay
    General Electric
    Microsoft
    NTT DoCoMo

Innovator of the Year:

• Joseph Atick, Founder and CEO, Visionics
• Theresa H. Meng, CTO and Founder, Atheros Communications
• Gary Reiner, CIO, General Electric
• Greg Reznick, President, Xros, Nortel Networks
• Anthony Wood, Founder of ReplayTV and Senior Vice President,

Engineering, SONICblue

Global Reach:

    Cemex
    eBay
    Schlumberger
    Taiwan Semiconductor Manufacturing Company
    Vodafone

Enabling Technology:

    BEA Systems
    NTT DoCoMo
    Microsoft .NET
    OKENA
    SpeechWorks

Social Responsibility:

    ApproTEC
    Digital Divide Data
    Grameen
    Outside the Classroom
    TechFoundation

Business Transformation:

    Covisint
    General Motors
    IBM
    Manugistics Group
    Southern Company

Rookie of the Year:

    deNovis
    Groove Networks
    Hyperchip
    Orbitz
    Unveil

Disruptive Technology of the Year:

    Kodak, Digital Cameras
    PayPal, Peer to Peer Electronic Billing
    SONICblue, ReplyTV, DVRs
    Research in Motion, Blackberry, PDAs
    Sony Computer Entertainment, PlayStation, Home Gaming

Industry Award Finalists

Communications Technology:

    Extreme Networks
    Infonet Services Corporation
    NTT DoCoMo
    Research in Motion
    SpeechWorks International

Financial Services:

    Bradesco
    Citigroup
    E*Trade
    GMAC
    Progressive

Health Care:

    Cytokinetics
    Inhale Therapuetic Systems
    Layton BioScience
    MD OnLine
    XenoPort

Internet Services:

    eBay
    Google
    Monster.com
    Orbitz
    PayPal

Media / Entertainment:

    AOL Time Warner
    Industrial Light + Magic
    MusicCity Networks' Morpheus
    ReplayTV (SONICblue)
    Sony Computer Entertainment

Operations:

    British Petroleum
    FedEx
    General Electric
    Ingersoll-Rand
    UPS

About the Awards

The MIT Sloan eBAs were founded in 1999 to recognize and award successful innovation in eBusiness. The awards, which are entirely student run, have quickly become the premier event recognizing global advances and leadership in the field of eBusiness. This reputation is largely due to the support and sponsorship of leaders in the academic and business communities. Previous sponsors of the Sloan eBAs include Fleet, Scient, Dell, GM, Visteon, Nokia, Microsoft, British Telecom, PriceWaterhouseCoopers and Merrill Lynch. Jury members responsible for choosing the winners of past shows have included Michael Dell, Bill Porter, the editors of Newsweek, Red Herring, The Financial Times and Fast Company and the chairmen and CEOs of Nortel, BellSouth and Intel.

     Kristen Koehler
     MIT/Sloan School of Management
     617-821-8695
     kkoehler@mit.edu
      or
     Paul Denning
     MIT/Sloan School of Management
     617-252-0576
     denning@mit.edu
      or
     Lauren Canter
     MS&L/Boston
     617-437-7722 x2566
     lauren.canter@mslpr.com
      or
     Christine Fischer
     MS&L/Boston
     617-437-7722 x2522
     christine.fischer@mslpr.com