InStranet Announces the Appointment of Barry M. Ariko to Chairman of the Board   Software Industry Veteran Strengthens Operational Talent of Board of Directors   New York, March 27, 2003 – InStranet, Inc., a leading provider of Content-Based Applications for the enterprise, today announced the appointment of Barry M. Ariko to Chairman of the Board. The Silicon Valley executive brings strong operational software expertise to InStranet, as it continues to expand its market share within Fortune 1000 companies. Ariko has held numerous executive-level positions throughout a successful career, spanning over 30 years. As CEO of Extricity, he led the growth of the company and its eventual sale for $270 million. Previously, Ariko was executive vice president and chief operating officer at Netscape, and after the merger, served as senior vice president of the Netscape Enterprise Group at America Online. Prior to that, he served as executive vice president for Oracle, where he headed Oracle’s Americas operations, the company’s largest business unit, which grew under his tenure from $680 million in total revenues in 1994 to over $4 billion in 1998. Ariko also served at Tandem Computers for 13 years in various executive management roles. He holds a Bachelor’s of Science degree in Management from Golden Gate University in San Francisco and completed the Advanced Executive Program at Northwestern University’s J.L. Kellogg Graduate School of Management. “Barry is a respected and experienced veteran of the enterprise software industry, who since 2001 has brought vision and proven management talent to an already strong and diverse board of directors,” said Alex Dayon, chief executive officer at InStranet. “As InStranet continues to grow and strengthen as a company, we are pleased to be able to benefit even more from his leadership and experience.” Ariko’s appointment as Chairman of the Board is effective immediately. As a board member, Ariko has been involved in the transformation of the company from web content management to content-based applications. With the release of its new Contact Centers In-Line application last month, InStranet now offers three distinct applications, each designed to automate the complex content-rich marketing and sales processes between an enterprise and its channels. InStranet now has added analytics to its software suite, helping Fortune1000 companies analyze and adjust to partner, channel and contact center agent usage of content and documents. The three business process-based applications run on top of InStranet’s secure metadata-driven repository and its J2EE-based Content Application Foundation. “InStranet has a unique value proposition with great momentum, combined with a talented management team and history of robust technical innovation,” said Barry M. Ariko. “I look forward to serving in a more active role, by providing guidance in addressing a fast growing market, as well as helping build the company into one of the leading players in the Content-Based Application space.” About InStranet InStranet is a worldwide leader of multi-channel knowledge business applications. Global 2000 companies rely on InStranet's solutions to automate content and knowledge delivery for contact centers, field sales and Web self-care for servicing and sales initiatives. InStranet's Multi-Channel Knowledge Applications enable businesses to securely create, manage and deploy critical profile-based content for enterprise channels, and to analyze results to identify key successes or areas for improvement. InStranet applications are currently deployed in many high-profile global enterprises, including 3M, AXA, BNP Paribas, Credit Lyonnais, France Telecom, Manpower, Orange, and Zurich North America. Global partners include Aspect Communications, BEA Systems, Genesys, IBM, Oracle, and Sun Microsystems. InStranet is headquartered in Chicago with offices in Paris, and technology and distribution partnerships throughout Europe and Asia. For more information, contact: InStranet, Inc. InStranet EMEA Andrew Zinger (312) 629-4577 azinger@instranet.com