PeopleSoft Inc. Sr. Executive, David Hare, joins noHold board along with Director/Investor, David A. Norman.

Milpitas, Ca. August 26, 2004 - noHold, Inc., developer of the most sophisticated Virtual Agents on the market today, has acquired two new Board members. David Hare, Vice President of Support Services for PeopleSoft, Inc., along with David A. Norman, Director and Private Investor.

David Hare is a 30-year veteran in the High Tech Services Industry. He has extensive experience in designing and optimizing all facets of international service organizations and has grown highly profitable service operations with industry leading customer satisfaction. Prior to PeopleSoft, David provided executive leadership in Customer Support, Consulting and Education, at Redback Networks and Aspect Communication. As Vice President and Chief Operation Officer at Baan, residing in the Netherlands, David developed the processes and methodology for creating highly effective multi-lingual support centers. David is a frequent speaker at industry conferences focusing his discussions on topics such as "How To Do More with Less", "Best Practices in Acquisition Integration for Technical Support", "Can You Outsource Complex Support?"  Dave is also an active member in the SSPA (Services & Support Professionals Association), HDI (Help Desk Institute) and AFSMI (The Association for Services Management International).

David A. Norman served as Chairman and director of NetRatings, Inc. from November 1997 to April 2002.  Mr. Norman was the founder, President and Chief Executive Officer of Businessland, Inc., a computer reseller that grew in six years to over $1 billion in revenues. Computer Retail News named him as one of the industry's top executives for eight consecutive years. Mr. Norman also founded Dataquest, a high technology market research company that was acquired by A.C. Nielsen where Mr. Norman was a Director for a number of years. Mr. Norman was a Naval carrier pilot. He holds a B.S. degree in Mechanical Engineering from the University of Minnesota and a M.S. degree in Industrial Engineering from Stanford University.

"Great companies are built by excellent teams. We are glad that these high calibre individuals have decided to contribute to the success of noHold. David Hare's specific industry experience and David Norman's business understanding will help us build a great company." -Diego Ventura, founder and CEO of noHold, Inc.

About noHold
noHold is a privately held company established in 1999 and is headquartered in Milpitas, CA, USA (Silicon Valley). noHold is the acknowledged leader in web based self-service solutions whose fundamental mission is to deliver real answers to real questions - real fast. Simple to use, easy to implement and as close to human as you can get, noHold turns automated customer support into cognitive customer interaction. noHold proprietary technology blends the best features of search engines, chat bots, and menu-driven technologies into a highly responsive communications mechanism, making noHold uniquely qualified to transform indistinct questions into crystal clear answers. noHold users simply type in questions conversationally, and within a few clicks, intelligent, practical answers are quickly delivered for all but the most abstruse queries. noHold reduces dependence on expensive call centers, increases customer satisfaction and enhances the knowledge base of your products, services and company - and still delivers an unparalleled return on investment. noHold leading customers include Hughes, Symantec, Logitech, Aspect Communications and a host of industry leaders. Additional information is available at www.nohold.com. 

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