FSC / Press Release
 
Former US SPRINT, US TELECOM and MCI Executive Charles Skibo Joins OceanLake Advisory Board.
Charles Skibo Brings More Than 30 Years Of Visionary Strategy
 
Santa Clara, CA and Toronto, ON- June 17, 2003 – Steve Koskie is pleased to announce that that Charles Skibo, former US Sprint and Allied Telecommunications President and CEO, has joined OceanLake's advisory board. Skibo's experience leading some of the top wireless/ carrier organizations in the market provides OceanLake with a vast amount of knowledge, guidance and experience.
 
"The market is aggressively shifting to wireless technology for remote access to any application or database from any device," said Steve Koskie, president and CEO of OceanLake. "Charles' insight and successful history will prove invaluable as we continue to lead and shape this rapidly growing market with our global solutions."
 
"OceanLake has made significant strides in transcending the traditional boundaries of remote data access through its mScope software," said Skibo. "I'm delighted to be in a position to share my experience with OceanLake and look forward to working with the company's executive management team as they continue to define new standards for mobility."
 
About Charles Skibo
Skibo, throughout his career has served as President & CEO of US SPRINT Communications, President of US Telecom, Chairman and President of MCI South East, Chairman & CEO of Allied Telecommunications Inc. and President of AT&E Corporation. He has extensive experience at managing teams, growing long-term revenues and earnings. His most recent financing raise was a US$500 Million raise for a technology company.
 
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 Santa Clara, 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.