Esther Dyson, Max Levchin Join EverNote Board of Directors

SUNNYVALE, Calif.--()--Aug. 7, 2006--EverNote(R) Corporation today announced the appointments of Esther Dyson, editor of Release 1.0 for CNET Networks, and Max Levchin, CEO of Slide and co-founder and former chief technology officer of PayPal, to its board of directors. In a separate announcement today, EverNote announced the completion of $6 million in financing and the naming of Tom Garland as CEO.

EverNote is a pioneer in information capturing technologies, from groundbreaking digital ink and handwriting recognition technology to its popular personal content management application. Dyson and Levchin will help guide EverNote's strategy as it brings new products to market to deliver on its vision of creating a "perfect memory for everyone."

In addition to Levchin and Dyson, EverNote's board of directors includes Tom Garland, CEO; Dr. Stepan Pachikov, founder and chief product architect; Dayan Henson, independent investor; and Ron Katz, private investor and chairman.

Katz and Pachikov bring a long history of creating and growing successful technology ventures. Together, they created $250 million dollars of shareholder equity and led the development and successful exits of ParaGraph, which pioneered digital-ink technology for the Apple Newton and was later acquired by SGI, and ParaScript, creator of image-processing technology still in widespread use today by the U.S. Postal Service.

"Both my life and my bank account have been enriched by Stepan Pachikov since I first met him in 1989," said Dyson. "I was an investor in ParaGraph and ParaScript, and I'm delighted to have the chance to participate with him and his team more closely this time around. EverNote builds on the ideas and technical achievements of these earlier ventures. Our exciting challenge now is to develop a successful consumer product that extends across desktop, mobile and Web platforms and that feels like an extension of the person -- a snap-on memory -- rather than an external device."

"The ways that consumers interact with, capture, store and access information is rapidly changing and EverNote has a novel approach to simplifying people's everyday lives so that they can find and recall the things that matter most to them," added Levchin. "The ideas and spirit of the company mirror much of what made PayPal and Slide successful - an unabated passion for solving hard problems and for putting needs of customers first. I look forward to working closely with the EverNote team to help guide its vision as it brings original, leading-edge software to the mass market."

A technology industry veteran and respected expert, Dyson began her career with Forbes Magazine. In 1983, she acquired (from founder Ben Rosen) EDventure Holdings, a technology research firm that initiated the publication of Release 1.0, an influential technology industry newsletter. CNET Networks acquired EDventure in 2004 and Dyson became an editor at large at CNET Networks. She sits on the boards of several companies including Meetup.com, EVDB/eventful.com, IBS Group, Yandex and WPP Group. Dyson holds a degree in economics from Harvard University.

Levchin is a computer scientist and entrepreneur who co-founded and directed the technological development of PayPal. He has co-founded several other Internet and software companies, including NetMeridian Software, SponsorNet New Media and Yelp, an Internet company that allows users to share knowledge and recommendations on local attractions and destinations. Most recently, Levchin founded Slide, a San Francisco-based online media-sharing company. Originally from the Ukraine, Levchin moved to Chicago in 1991 and earned a degree in Computer Science at the University of Illinois at Urbana-Champaign.

"Max and Esther bring years of industry experience, thought leadership and an unmatched passion for groundbreaking technological innovations," stated Ron Katz, Chairman of the Board, EverNote. "Their addition to EverNote's board of directors will pay immediate dividends in terms of expanding the company's network, and identifying and executing on new online opportunities for EverNote technology and ideas."

About EverNote Corporation

Headquartered in Sunnyvale, Calif., EverNote Corporation is a provider of note management, digital ink and handwriting recognition software and technologies for the PC, mobile and wireless markets. Please visit www.evernote.com for more information.

Contacts

For EverNote
Brett Weiner or Laura Ciekot, 415-625-8555
pr@evernote.com

Contacts

For EverNote
Brett Weiner or Laura Ciekot, 415-625-8555
pr@evernote.com