Walker Innovation Inc fka WLKR

[KauaiPI]

New trading symbol once again PPRO...

also

PurchasePro Names Two New Directors to Board

LAS VEGAS, June 4, 2002 (PRIMEZONE) -- PurchasePro(Nasdaq:PPROD, PPRO after 6-12-02) today officially announced the appointment of Thomas H. Lowe, senior vice president and chief financial officer, Sterling Commerce; and Anthony C. D'Augustine, a private investor, to its board of directors. Mr. Lowe and Mr. D'Augustine replace Martha Layne Collins and R. Todd Bradley on the board.

As senior vice president and chief financial officer of Sterling Commerce, Inc., a wholly owned subsidiary of SBC Communications, Inc., Lowe manages and directs all financial aspects of the company and its financial operations. Earlier in his career, Mr. Lowe served as director, corporate development for SBC Communications, Inc. Mr. Lowe joined PurchasePro's board in April of this year and currently chairs its audit committee.

Mr. D'Augustine, earlier, served as senior vice president and division manager for Conexant Systems, Inc. (Nasdaq:CNXT - news), a publicly traded company that provides semiconductor system solutions for communications applications. Mr. D'Augustine brings a wealth of marketing and sales experience to the company and also joined the company's board in April of this year.

Richard L. Clemmer, chief executive officer of PurchasePro, said: ``We are very pleased to have Mr. Lowe and Mr. D'Augustine join our board of directors. I firmly believe that they will help guide PurchasePro to the achievement of its primary objective of sustained profitability.''

The company also announced today that Mr. Clemmer has assumed the position of chairman, replacing Mr. Bradley who has resigned to devote further time and attention in his new role as president and COO of Palm Solutions Group.

http://biz.yahoo.com/pz/020604/28174.html

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