Press Release

Dr. Eugene Tempel Joins eTapestry.com Board of Directors

INDIANAPOLIS, IN - May 2000 - eTapestry.com, an Internet-based donor management and fundraising software company has announced that Dr. Eugene Tempel has joined their board of directors.

Dr. Tempel is currently the Executive Director of the Indiana University Center on Philanthropy. He is a nationally recognized expert in the study and practice of philanthropy.

Dr. Tempel's career includes more than two decades of teaching, fund raising and administration in higher education. His international experience includes teaching, training and consulting in Australia, Austria, Germany, Ireland, Mexico, New Zealand, Switzerland and Thailand.

Dr. Tempel is active on numerous boards and is currently chair of the Indiana Commission on Community Service and Volunteerism.

Dr. Tempel holds the BA degree in English and Philosophy from St. Benedict College and the MA English and the doctorate in higher education administration from Indiana University.

eTapestry.com was founded in September 1999. It is the first fundraising applications service provider, a company that rents its software to nonprofit organizations and delivers it on the Inernet.

For more information about eTapestry.com, please contact Steve Rusche at 1.888.739.3827 or visit their web site at www.eTapestry.com.

eTapestry a finalist for best new product

INDIANAPOLIS, IN - May, 2000 - eTapestry.com was selected as a finalist for the "Most Promising New Product" CyberStar Award by the Indiana Information Technology Association. The Cyberstar Awards program recognizes the top technology companies in Indiana as well as individual achievement that supports the technology segment.

"This is a great honor for us to be recognized as an emerging technology leader in our state", said Jay Love, President and CEO of eTapestry. "It is especially a tribute to the team of people at eTapestry who have worked hard to build a great product for nonprofit organizations."

The CyberStar awards program honored 19 companies and 14 individuals in a black tie event attended by over 600 people. This was the first year for the CyberStar program, which highlights the achievements and advancements, made in the technology marketplace in Indiana.

A judging panel consisting of industry and community leaders selected finalists and award winners. The CyberStar awards were created to honor the champions of the information technology industry.

eTapestry.com raises $6.5 million for business expansion.

INDIANAPOLIS, IN - March 22, 2000 - eTapestry.com, (www.etapestry.com) a leading developer of Internet based donor management and fundraising software for non-profit organizations, announced the completion of a $6.5 million investment from HarbourVest Partners LLC of Boston, MA and Gazelle TechVentures of Indianapolis, IN. These funds will allow eTapestry to rapidly expand its development, sales, and marketing activities.

Founded in September 1999, eTapestry is a business to business Application Service Provider (ASP) providing comprehensive database and communications solutions on the Internet to non-profit organizations of all types and sizes. With over 30 years experience working with non-profits and their database needs, the founders of eTapestry have built an application which provides a sharp contrast to traditional software applications that are used for fundraising. Instead of a large initial investment in software, maintenance fees, and hardware upgrades, eTapestry is available for a low monthly fee that includes support, upgrades, and all system maintenance.

Because it is accessed over the Internet, organizations can give remote offices, volunteers, board members, and others, full or limited use of the application from any computer. "eTapestry provides that unique combination of greater benefit at less cost than other applications", said Jay Love, President and CEO of eTapestry. "Even small organizations with limited resources can now use the most advanced tools for managing their fundraising activities."

The investment by HarbourVest Partners, a global venture capital firm with over $10 billion under management, and Gazelle TechVentures, an emerging venture capital firm focused on high tech companies, bring more than just dollars to eTapestry. Both groups add significant experience in working with successful, high growth technology firms. Their added expertise positions eTapestry for substantial growth over the next two years. "eTapestry brings together a management team with extensive experience working with non-profits and an excellent ASP product", said Ofer Nemirovsky, Managing Director of HarbourVest. "We are looking forward to assisting eTapestry achieve it's vision of providing the total communications solution for the charity world".

eTapestry will immediately begin expansion of sales and marketing efforts throughout the U.S., Canada, United Kingdom, Australia, and New Zealand. Funds will also be directed towards the growth of the technical and development staff. Over 150 new technical, technical support, and sales professionals are expected to be added to the company in the next two years.

eTapestry.com is located in Indianapolis, Indiana. For additional information on eTapestry.com contact Steve Rusche at 1-888-739-3827 or at steve.rusche@eTapestry.com, or visit their web site at www.etapestry.com.

The Nonprofits' Insurance Alliance of California (NIAC) Selects eTapestry.com to Offer Member Organizations

INDIANAPOLIS, IN- February 18, 2000 - Nonprofit organizations throughout California will now be able to use eTapestry.com for their donor management needs at discounted rates. A special arrangement between eTapestry.com and the Nonprofits' Insurance Alliance of California (NIAC), which offers a liability insurance pool to 501(c) 3 organizations in California, allows member organizations access to the full eTapestry application at special rates. eTapestry, which manages the donor database and fundraising functions for a nonprofit organization, is run over the Internet. As an application service provider (ASP) eTapestry provides an advanced fundraising software solution without the initial capital expense and ongoing maintenance of traditional systems.

"We believe this partnership between NIAC and eTapestry is a great example of two organizations working together to bring nonprofit organizations needed services at the best possible prices", said Jay Love, President and CEO of eTapestry.com. "Both have built innovative services that fill an important need. Through the offerings of eTapestry and NIAC, even the smallest nonprofits' can gain access to insurance products and donor management technology at very affordable rates."

Pamela Davis, President & CEO of the Nonprofit Insurance Alliance of California views the partnership as a tremendous opportunity for her member organizations. "NIAC is looking to expand the ways we can assist nonprofit organizations. Our liability insurance offering fills a critical nonprofit need. eTapestry fills the need for improved donor management and fundraising. Now our members can save significant dollars on both of these services through our partnership."

eTapestry has quickly grown to serve nonprofit organizations throughout North America. Unlike software applications built for Windows that have been adapted for viewing over the Internet, eTapestry is built using the latest Internet technologies giving it fast access from any location. eTapestry also offers the simplest and most cost-effective solution for charities of all sizes. With maintenance, backups, and support provided, it greatly reduces the need for additional hardware and experienced IT staffing.

NIAC was established in 1989 to provide a stable source of liability insurance coverage to nonprofit organizations. This includes general liability, professional liability, directors and officer's liability, commercial automobile liability, and improper sexual conduct liability, among other services. Today, the NIAC has annual premiums in excess of $14,000,000 and over 2000 members. eTapestry.com is located in Indianapolis, Indiana. For additional information on eTapestry.com contact Steve Rusche at 1-888-739-3827 or at steve.rusche@eTapestry.com, or visit their web site at www.etapestry.com. Learn more about the Nonprofits' Insurance Alliance of California by contacting Susan Bradshaw at 1-800-359-6422, at sbradshaw@niac.org, or visit their web site at www.niac.org.

eTapestry.com and IT for Charities Team Up to Bring Internet Fundraising Software to the United Kingdom

INDIANAPOLIS, IN- January 21, 2000 - Charities in the United Kingdom will soon be taking advantage of the Internet for managing their donor databases. eTapestry.com, the leading Internet based fundraising database application and IT for Charities, an innovative resource for UK charities on technology issues have teamed up to offer eTapestry to the UK. IT for Charities will be marketing eTapestry through its web portal site. This arrangement represents the first offering of a true Internet based fundraising database to charities in the UK. eTapestry has quickly grown to serve nonprofit organizations throughout North America. Unlike software applications built for Windows that have been adapted for viewing over the Internet, eTapestry is built using the latest Internet technologies giving it fast access from any location.

eTapestry not only represents the latest technologies the Internet provides, it also offers the simplest and most cost effective solution for charities of all sizes. With maintenance, backups, and support provided, it greatly reduces the need for additional hardware and experienced IT staffing. eTapestry is a perfect fit for the work done by IT for Charities. As a technology resource for advice and consulting to UK charities, IT for Charities can assist organizations looking for powerful, yet cost effective solutions to managing their donor databases. "We are able to provide practical IT advice on a full range of technology solutions to charities of all types and sizes", said Ivan Wainewright, founder of IT for Charities. "eTapestry is the ideal tool for many of the organizations we work with because of its low monthly fee and total maintenance and administration."

"We are very excited to be providing eTapestry to the UK. IT for Charities provides a valuable service to many organizations in the UK and we believe eTapestry will help expand their reach to many more", said Jay Love, President and CEO of eTapestry. "Our customers in North America love the capabilities eTapestry is providing and we're sure the same will be true in the United Kingdom."

eTapestry.com is located in Indianapolis, Indiana. For additional information on eTapestry.com contact Steve Rusche at 1-888-739-3827 or at steve.rusche@eTapestry.com, or visit their web site at www.etapestry.com. Learn more about IT for Charities at www.itforcharities.co.uk or contact Ivan Wainewright at ivan@itforcharities.co.uk.

PG Calc and eTapestry.com Collaborate to Provide On-line Planned Gift Calculations

INDIANAPOLIS,IN-January 18, 2000 - PG Calc Incorporated, the leading provider of planned giving software, and eTapestry.com, providers of Internet-based fundraising software, have partnered to bring eTapestry customers an integrated tool for handling their planned gift calculations through PG Calc’s WebCalcs Service. Now for the first time, nonprofit organizations will have a simple way to plan and manage their planned gift activity from within their donor database. WebCalcs is a fully web-based service meaning that all regulation changes and updates are handled automatically by PG Calc. This integration continues to expand the capabilities and power of eTapestry, which offers a unique lease/rent agreement for nonprofit organizations thus making flexible low cost access to comprehensive donor record keeping and management tools available to both small and large charities.

"We are extremely excited to be partnering with PG Calc. They are the recognized leader in planned giving software and by incorporating WebCalcs with eTapestry we can bring the power of PG Calc’s planned giving know-how to organizations of all types and sizes”, said Jay Love, President of eTapestry.com. With WebCalcs an organization can specify all the parameters of a charitable planned gift including gift type, such as Charitable Remainder Trust, donor ages, return rates, and gift amounts. WebCalcs then returns an analysis that helps donors and development staff see the results of their charitable gift as it relates to its tax deduction. “WebCalcs puts those critical calculations, at the fingertips of the development professionals who are helping donors with their gift planning. By integrating with eTapestry we are able to combine all aspects of the donor record-keeping system with planned gift calculations right on the Internet.The result is a powerful combination of simplicity and universal access for nonprofit organizations,” said Gary Pforzheimer, President of PG Calc.

WebCalcs will also be available directly through the eTapestry web site allowing organizations to run single calculations on an as-needed basis. This service will be available to any organization and can be accessed at www.etapestry.com.

PG Calc Incorporated is located in Cambridge, MA. It is the leading provider of planned giving software with a client list that reads like the “Who’s Who” of the nation’s top charities and allied professionals.For additional information on PG Calc, contact Tina Yelle at 1-888-497-4970 or visit their web site at www.pgcalc.com. eTapestry.com is located in Indianapolis, Indiana. The company provides fundraising software that is run over the Internet. For additional information on eTapestry contact Steve Rusche at 1-888-739-3827 or visit their web site at www.etapestry.com.

eTapestry hits the road!

INDIANAPOLIS, IN - October 1999 - Offering nonprofit organizations an innovative, powerful, and cost effective donor management system, eTapestry.com made its conference debut at the Midwest NSFRE conference in Chicago, the Indiana NSFRE conference in Indianapolis, the Christian Stewardship Association conference in Dallas and the Association of Healthcare Philanthropy's National Conference in San Diego.

For the first time organizations could see the power and benefit of running software over the Internet. Conference attendees were able to try eTapestry and experience the simple operation of the browser interface and the various integrated links to other web resources.

"The response to eTapestry has been fantastic," said Jay Love, President and CEO of eTapestry. "eTapestry on the Internet provides organizations an attractive alternative to other software that requires a substantial up front investment and expensive ongoing maintenance."

Added Love, "It is really exciting to have people lined up to see a demonstration. The total communication capabilities of eTapestry on the Internet had people very enthused."

The traveling show moves to the California Association of Non Profit Organizations conference later in October. For a complete listing of conferences that eTapestry will be attending go to www.etapestry.com/resources/conferences_fram.htm

Internet-Based Fundraising Software Application Offers Rent/Lease Program For Charities

INDIANAPOLIS, IN-September 1, 1999 - eTapestry.com, a new Internet-based fundraising software application offers a unique lease/rent agreement for non-profit organizations thus making flexible low cost access to comprehensive donor record keeping and management tools available to both small and large charities. Two versions of eTapestry are offered. One version can be rented and run over the Internet. With this option, all maintenance (including software updates and data backups), data storage and care are handled by eTapestry personnel for a low monthly fee. It is ideal for organizations with limited budgets, limited staff or expertise with technology or multiple locations. A second version is loaded onto an organization's web server and maintained in house on their existing Intranet. This solution works well for organizations with the necessary technical expertise and resources.

"By offering a rent/lease program eTapestry works quite differently from traditional software. Organizations can budget monthly without worrying about costly upgrades, maintenance, implementation costs, training and annual support fees", said Jay Love, President of eTapestry.com.

eTapestry.com is located in Indianapolis, Indiana. The company provides fundraising software that is run over the Internet or on an organization's own Intranet. For additional information on eTapestry contact Steve Rusche at 1-888-739-3827 or visit their web site at www.etapestry.com.

Former Master Software Executives Introduce Internet-Based Fundraising Software Application

INDIANAPOLIS, IN- September 1, 1999 - Four former Master Software Corporation executives including former President Jay Love, Executive Vice President Steve Rusche, Developers John Moore and Scott Ganyo, have reentered the non-profit marketplace with the launch of an internet-based software application called eTapestry. As members of Indianapolis based Master Software's management team, they collectively spent over thirty years helping charities implement and use fundraising software.

The fundraising software they are introducing comes in two versions: one that can be rented and run over the Internet and one that is maintained in house on an organization's own Intranet. The system uses all the most recent technology such as Java, object database, SSL etc. and provides an application that is easier to use, faster to learn and less expensive to operate.

In addition to handling the donor record keeping and management needs, the most distinguishing feature of this software is its ability to integrate all communication of an organization's constituents from donors, prospects, board members, volunteers and staff providing a comprehensive communication system. It is ideal for organizations with a limited budget and resources, many locations or remote users, and organizations struggling with staffing.

Jay Love, eTapestry President states "With the sale of Master Software in early 1997 our work with non-profits temporarily ended. However that ending was the beginning of a dream come true to once again enter the market that we so dearly loved and missed. eTapestry lets us do that in new and exciting ways via cutting edge technology. We look forward to working again with our many friends in the nonprofit marketplace by providing a complete solution that includes a superior product, professional services, excellent technical and customer support and strategic partnerships."

eTapestry.com is located in Indianapolis, Indiana. The company provides fundraising software that is run over the Internet or on an organization's own Intranet. For additional information on eTapestry.com contact Steve Rusche at 1-888-739-3827 or visit their web site at www.etapestry.com.

Introduction of New Internet-Based Fundraising Software Breaks Through Charity Communication Barriers

INDIANAPOLIS, IN- September 1, 1999 - eTapestry.com, a new internet-based fundraising application is increasing communication capabilities for charities. By being integrated into the charity's web presence, the system can be run over the Internet or on an organization's own Intranet creating a total communication system. At the heart of eTapestry is a complete donor record keeping and management system that offers functionality similar to standard fundraising software. The application then weaves together the communication of an organization's constituents such as donors, prospects, board members, volunteers and staff. Simple links allow an organization to give specified and highly secured access to different individuals or groups who are vital to the charity's mission.

"By implementing our system everyone involved with the charity can become more intimately involved by donating more time, raising more funds and becoming a true part of the charity's immediate family. With the integration of eTapestry, an organization's website can become a true communication source for those who play a big part in the organization's success. The charity's mission and message can grow as its revenue is no longer stifled by artificial limits of access, cost and lack of knowledge", said Jay Love, President of eTapestry.com.

eTapestry.com is located in Indianapolis, Indiana. The company provides fundraising software that is run over the Internet or on an organization's own Intranet. For additional information on eTapestry contact Steve Rusche at 1-888-739-3827 or visit their web site at www.etapestry.com.

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