Gofish.com announced today the hiring of John Cummings as its new president and chief operating officer.

Cummings brings more than 20 years of experience in food and seafood commerce to Gofish, the first and largest online seafood exchange.

The addition of Cummings to the Gofish management team completes the core leadership team assembled by Gofish founder and CEO, Neal Workman. Cummings joins Workman; David Weatherbie, former COO; Peter Murray, chief technology officer; Jeffrey Andrews, chief financial officer; Scott Allmendinger, chief content officer; James Bonnvie, vice president of sales North America; Frank Simon II, vice president of retail sales North America and Europe; and Charles Jameson, vice president of international sales.

“John is a highly-regarded leader in our industry with a distinguished reputation for leading focused teams,” said Workman. “John adds a tremendous amount of experience, talent and wisdom to our organization. He is going to see to it that we not only continue to lead our industry, but also expand our service offerings appropriately for our subscribers. We are thrilled to have him on board.”

With the arrival of Cummings to the management team, former COO, David Weatherbie, will assume the role of chief business development officer. “David has dutifully fulfilled his former role as COO and has been pivotal in leading our partnership program. He has done an excellent job and will now be able to turn his considerable talents toward developing our focus on further international expansion, especially in Europe,” said Workman.

Cummings comes to Gofish after seven years as president of Fishery Products International Inc. (FPI, Inc.), a leader in North American seafood processing, importing and marketing. FPI Inc. is a wholly-owned subsidiary of FPI Ltd., a publicly-held company (FPI:TSE). Cummings also brings executive experience from National Sea Products (now Highliner Foods), Pizza Hut International and The Pillsbury Co. Prior to entering the food industry, Cummings received a B.A. from University of Oregon and a M.B.A. at Northwestern University.

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“It has been extremely gratifying to work with the management team at FPI these past seven years. They are some of the sharpest professionals in the seafood industry. However, the opportunity to help other companies around the world, like FPI, use the Internet and apply Gofish’s suite of value-added services was too exciting to miss,” said Cummings. “Seafood is a vibrant, dynamic industry, and one of its key strengths is its diversity. Gofish delivers an array of benefits for these diverse activities throughout the entire supply chain. Services such as guaranteed transaction funding, detailed credit analysis and swift connection to large supplier and buyer audiences around the globe, give Gofish subscribers multiple opportunities for enhancing their business performance. I am very excited to be part of Gofish’s continued drive to strengthen our industry’s economic success.”

About Gofish.com

Gofish.com, headquartered in Portland, Maine, is the premier content and commerce destination for the seafood industry. Gofish provides a secure forum for transactions and features up-to-the-minute news from industry-leading SeaFood Business. The site also uses Seafax to provide the industry’s best proprietary credit information on trading partners, allowing buyers and sellers to make more informed business decisions. Gofish offers a collection guarantee and auctions. Gofish will add receivables funding by May 2000. In addition, Gofish expects to incorporate logistics support services to the site by summer 2000. For more information on Gofish, please visit www.gofish.com or call 800/777-3533. Gofish is a privately held corporation with offices in Portland, Maine, and Bellevue, Wash.