Rick Krause Joins Boxx Technologies as President and CEO

Austin, Tex. - August 29, 2001 - BOXX Technologies, a leadingprovider of digital content creation systems for the entertainment anddigital film industries, announced today that Rick Krause has joinedthe company as president and chief executive officer to head up thecompany's corporate growth. Former President and CEO Todd Bryant hasassumed the responsibility of chief technology officer, which willenable him to devote more time to his passion of research anddevelopment and keep BOXX products on the leading edge of technology.As a former president and CEO, vice president, and general manager inthe computer, software, retail and banking systems industries, Krause'sdepth of high-technology and business leadership are complementary toBOXX's designs as a leading system provider in the high-techentertainment market. Krause recently served as vice president ofoperations and sales at Trademart Technologies in London, Ontario,recently renamed Visible Advantage Corporation. Prior to joiningTrademart Technologies, Krause was general manager of Siemens NixdorfInformation Systems in Austin and president and CEO of CompuAddCorporation in Austin. Founded in 1996, Austin, Tex.-based BOXXTechnologies produces digital content creation and distributionsolutions for the entertainment industry, running on the Windows2000/NT and Linux operating systems. "Krause is an enterprisingbusinessperson with impressive negotiation skills and a keen sense ofwhat it takes to increase company profitability, even in an unsteadyeconomy," says James Moore, chairman of the board of BOXX Technologies."We are delighted to have him join our team and expect his leadershipwill greatly enhance the company's bottom line." "BOXX has anestablished brand, a large number of successful and satisfied customersand a young and energetic team of employees," says Krause. "Myexperience in establishing financial relationships and in building theappropriate infrastructure and processes to support the rapid growth ofthe company are complimentary in every way to the foundationestablished by the company's founders. I look forward to this greatopportunity in a dynamic and growing marketplace." Krause holds a BA inAccounting from Texas Lutheran College and brings with him more than 25years experience in high-technology business development, partnershipand alliance negotiation, and company team building. For moreinformation about BOXX, visit www.boxxtech.com.