Strategic Consulting Firm Writes Award-Winning
Business Plan

Boston, Mass. - May 22, 2001

Mount Vernon Strategies, a Boston-based strategic consulting firm is proud to have provided professional support to this year's winner of the Northeastern University Ventures (NEUVentures) $60K Business Plan Competition, StorageZip. MVS, an organization committed to helping emerging companies grow, provided comprehensive consulting services to StorageZip's management team from the company's inception through the writing of its award-winning business plan. MVS works directly with established business leaders and entrepreneurs in the areas of strategic planning, market research, financial analysis, and business development. Last year MVS wrote approximately 180 business plans that raised close to $200 million for clients. The firm has also spearheaded numerous successful business development efforts for its clients. MVS's Alliance & Partnership Development practice has been extremely successful in meeting clients' needs. Last year, MVS helped a number of its clients in the e-business space forge critical alliances with such world-renown firms as Saatchi & Saatchi, Pfizer, Blue Cross of Massachusetts, and Kodak. To date, these alliances have yielded an 8:1 return on investment, when comparing revenues generated through these new alliances vs. amount spent on MVS's services. MVS was able to leverage its deep skills base in order to propel StorageZip toward successful recognition within the venture capital community. Says StorageZip's founder and CEO, Howard Hall, of MVS's contribution to the company's success, "MVS played a critical role in helping bring StorageZip from concept to a viable business solution. Not only did their team help me to build out StorageZip's business model, but they also conducted the market research that helped us to build a clear and compelling plan. These guys really know what it takes to be successful, even in a market that's becoming increasingly more competitive." On Mount Vernon Strategies' long-standing partnership with StorageZip, Senior Partner Charles Collier comments, "Given the strength of StorageZip's management team and strong business model, I'm not surprised by their current success. We're looking forward to proceeding with our current strategic alliance initiative with them. StorageZip has a bright future ahead and there's a great opportunity for them to build a solid network of alliance relationships."

About StorageZip

StorageZip provides an Internet-enabled electronic document security solution for firms in the legal profession. The Company's mission is to enable the legal and other document intensive industries to take full advantage of the opportunities presented by The Electronic Signatures Act and Global and National Commerce Act. The StorageZip solution contains processes for document watermarking and security, and aims to move the legal industry from the traditional paper-based system into the realm of electronic content management. StorageZip's solution is a proprietary watermarking technology that, unlike any technologies on the market today, ensures the integrity of text and image documents in both digital and analog formats.

About the NEUVentures$60K Business Plan Competition

The $60K Business Plan Competition offers students, alumni, faculty and staff, of Northeastern University the opportunity to present their business plans before professional investors and win seed money to launch their new ventures. The prizes consist of $60,000 in cash and additional in-kind services for professional services such as legal, accounting, and financial advice. The Competition provides a wide range of educational resources to encourage and support team building, mentoring, networking, and capital formation. The Competition process rewards all business plan entrants with feedback from qualified judges and provides a forum in which to present to a large investment community.