FOR IMMEDIATE RELEASE
July 27, 2001

NASDAQ Vice Chairman Al Berkeley Joins NetDay Board Of Directors

"I am delighted to have the opportunity to serve as a Board member for NetDay where I can support and encourage efforts to develop and nurture a workforce literate in technology," said Al Berkeley, Vice Chairman of Nasdaq.

Berkeley has held a leadership role at Nasdaq for five years and was promoted to Vice Chairman last year. Since 1996, he had served as President of Nasdaq. Prior to Nasdaq, Berkeley was Managing Director and Senior Banker in the Corporate Finance Department of Alex, Brown & Sons, Incorporated, financing computer software and electronic commerce companies.

Berkeley joined Alex, Brown & Sons, an investment banking firm, in 1972 as a research analyst. He became a general partner in 1983 and served as Head of Information Services from 1985 to 1987. In that capacity, he was responsible for all corporate information services, including both the firm's back and front office technology. Berkeley then moved to Alex, Brown's Merger and Acquisition department where, from 1987 to 1989, he developed the firm's technology practice.

Berkeley served as a Captain in the United States Air Force from 1968 to 1972. He is a graduate of the Wharton School at the University of Pennsylvania (MBA, 1968) and the University of Virginia (BA, 1966).

NetDay, a leading education technology nonprofit, works to connect every child to a brighter future by helping educators meet educational goals through the effective use of technology. Founded five years ago, NetDay connects people by creating environments where the magic of learning for all participants - students, teachers, administrators, parents, and community members - is enhanced with appropriate technology resources.

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