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Roger J. Quesnel Named Senior Vice President of Strategy and Planning for HomePoint

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HomePoint, a leading provider of e-business solutions to the home furnishings industry, announced that Roger J. Quesnel has joined the company as the Senior Vice President of Strategy and Planning. Mr. Quesnel will oversee HomePoint's business development and strategic alliance initiatives. "Roger Quesnel brings to HomePoint over 10 years of crucial management and information technology experience in various industrial sectors," said William Herlong, acting president and CEO of HomePoint. "Roger's cumulative knowledge and ability to lead is exactly what we need to drive our strategic and tactical initiatives - underscoring. HomePoint's commitment as the premier business-to-business e-commerce solution for the home furnishings industry." Prior to joining HomePoint, Mr. Quesnel served as Chief Financial Officer and Vice President of Operations for Tridium, a software architecture and infrastructure company that supplies building automation and control systems to the energy,commercial building and industrial automation industries. He directed the company's finances, operations, information technology, legal and investor relations efforts. He was also responsible for leading the critical first phase of the company's Internet and extranet projects, which included launching a B2B ordering system. Mr. Quesnel previously held various management positions at General Electric Company, including Manager of Corporate Business Development, where he was responsible for strategic business development activities. He also served as Manager of the Corporate Initiatives Group, coordinating company-wide technology initiatives. Earlier in his career, Mr. Quesnel held management consulting positions with Booz, Allen & Hamilton, Inc. and Coopers & Lybrand. In his consulting roles, he focused on supply chain management, distribution & logistics, and strategic sourcing activities. Mr. Quesnel holds a B.S. in Electrical and Computer Engineering and Psychology from Clarkson University in Potsdam, NY and a Master of Management in Manufacturing from The Kellogg School of Management at Northwestern University in Evanston, IL. HomePoint Corporation (www.homepoint.com), a privately-held company headquartered in Greenville, SC, is the leading provider of e-business solutions to the home furnishings industry. The company's unique business-to-business strategy enhances the efficiency and productivity of the home furnishings marketplace through a sophisticated extranet platform that connects manufacturers, retailers and consumers. By streamlining the flow of information and goods, this platform allows retailers to offer consumers an expanded selection and faster delivery. In January 2000, the company completed a $55 million second round of equity financing led by TH Lee.Putnam Internet Partners, Catterton Partners, GE Equity, Granite Associates, Piedmont Venture Partners and New Millennium Partners bringing the total amount raised to $72 million. Contact: melissa.introne@homepoint.com