Skokie, IL, January 12, 2001 -- PayNet, dba PayNet, announces that Alan Matsumura has joined the Board of Directors. Matsumura is a partner and founder of Diamond Technology Partners. As a knowledge leader in Diamond's Solutions Delivery practice, he has more than 20 years of information technology experience, with particular focus on information architectures, databases and data analysis.

"Matsumura's extensive experience designing databases in support of innovative e-commerce efforts brings a unique perspective to the PayNet Board," said Knowledge Work's President Bill Phelan. Matsumura's role on the Board will be to ensure the appropriate technology issues are being addressed.

Matsumura has architected, designed and developed a large number of business intelligence systems and marketing databases and has worked in a wide variety of industries including financial services, direct marketing, consumer products and services, retail and health care. His professional background encompasses management and information technology experience in both corporate and consulting environments.

"I am pleased to lend my expertise to businesses such as PayNet that are using technology to innovate and reshape the marketplace," said Matsumura.