noHold Raises $4.2 Million in First Round of Investor Funding.

MILPITAS, CA, August 22, 2000 --noHold, Inc., a privately-held developer of interactive knowledge portals for corporate information, today announced the recent closure of its first round of outside funding. Totaling $4.2 million, the funding was raised through investors that included Celtic House International and several private investors. The initial funding will be used for product development, marketing, and G&A.

noHold, Inc. develops interactive knowledge portals that provide users access to corporate information sources. Users ask questions and get answers navigating through an easy-to-use natural language interface. noHold uses its own technologies called DynamicDialog™ and DynamicLink™ to implement solutions that surpass the competition in quality, cost and scalability. noHold's solution improves end-user experience and customer satisfaction, and reduces cost within information-rich organizations.

Diego Ventura founded noHold in 1999 with the goal of building an organization responsible for a revolutionary shift in the way people interact with the World Wide Web. The result of his vision is the noHold solution that allows companies to reduce technical and customer-support cost and improve overall customer satisfaction in a way never before realized. Before founding noHold, Diego was CEO of Stefra Corporation, a developer of video-mail and video-conferencing software, and vice president of engineering at IPT, a Palo Alto-based company specializing in custom design engineering