FSC / Press Release
 
OCEANLAKE STRENGTHENS MANAGEMENT TEAM AND SEES PROFITABLE QUARTERS AHEAD
 
San Jose, CA and Toronto, ON- April 22, 2003 – Steve Koskie is pleased to announce that Steven Moya has joined OceanLake Commerce Inc. as Chief Operating Officer and Executive Vice President of Corporate Development after working in the San Francisco office of Putnam Lovell, National Bank Financial Securities Inc. (NBF).
 
At OceanLake, Mr. Moya’s will oversee all financial corporate development, Joint Ventures, M&A and Operations.
 
"OceanLake is attracting key high level talent after proving it's unique software applications in the market and gaining the technology approval of company's like Toshiba US, HP and SUN Microsystems." Said Steve Koskie, CEO of OceanLake.
 
While at Putnam Lovell NBF Securities Inc. he focused on new business generation, transaction execution, financial and deal analysis, due diligence and general advisory work in Financial Technology, Specialty Finance and Banking Sectors. Prior to joining Putnam Lovell NBF Securities Inc., Mr. Moya worked in the San Francisco office of Banc of America Securities (formerly Montgomery Securities). He also conducted merger and acquisition advisory services in the Financial Services Group for Financial Technology, Specialty Finance and Banking Institutions. In addition, Mr. Moya resided in New York for four years where he originated and structured over $11 Billion in lead managed term Asset Backed Securities transactions for Credit Suisse First Boston, CIBC Oppenheimer, and Chase Securities Inc. Mr. Moya holds a Masters of Science in Electrical and Computer Engineering from Carnegie Mellon University and a Bachelor of Science in Electrical Engineering from Brown University.
 
About OceanLake Inc.
OceanLake provides mobile Internet-enabling software for corporate enterprises, financial institutions, service providers, and telecommunications carriers. OceanLake's flagship product, mScope, immediately enables any existing Internet infrastructure to be accessed from any Internet-enabled wireless device in real-time, including the dynamic content of enterprise-wide applications such as sales force automation and customer relationship management. The only device- and platform-agnostic "drop-in" product of its kind, mScope seamlessly integrates into any Web-based application for fast, easy and cost-effective deployment with no need for additional application development. Future OceanLake products will include voice navigation, voice authentication, location-based services and streaming. OceanLake is dedicated to helping businesses access critical resources through mobile devices, allowing people to "take the world with them." The company is headquartered in San Jose, California with offices in Toronto. OceanLake is a publicly traded company on the TSX Venture Exchange and currently has an approximate market capitalization of $7.8 Million.