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           < 2002 News Listings
Patrick J. Wack, Jr. Named
President & CEO of Intralinks

Co-Founder Takes Leadership Reins at Leading Provider
of Digital Workspaces



NEW YORK, NY
Sept. 18, 2002

IntraLinks, Inc., the leading provider of secure online digital workspaces to businesses in the financial services and pharmaceutical industries, today announced that Patrick J. Wack, Jr., an IntraLinks' co-founder, has been named president and chief executive officer of the company. Mr. Wack had been serving as the company's interim CEO since March 2002. Russell Reynolds Associates directed the search assignment.

"Over the past six months, we conducted an extensive search for an individual equipped to take IntraLinks to its next stage of growth. From the onset, Patrick Wack was a leading candidate. As we met with many experienced candidates and conducted our due diligence, it became clear that Patrick was the best choice we could make," said Milton J. Pappas of Euclid Partners, Chairman of IntraLinks Board of Directors. "Despite the sluggish economy, Patrick has led IntraLinks to strong results, posting five consecutive months of positive operating income. The board is confident that Patrick will build on this early record of success and drive IntraLinks to a bright future."

Patrick Wack, Jr., 35, previously served as the company's executive vice president of business development and chief operating officer. Prior to co-founding IntraLinks in 1997, Patrick was a founding shareholder, chief operating officer and a director at Professional Sports Care Management, Inc. (PSCM), a public company. In five years at PSCM, Mr. Wack helped propel the company from start-up to $50 million in annual revenues. In 1996, PSCM was merged into HealthSouth, a Fortune 500 company. Prior to PSCM, Mr. Wack worked in a variety of financial positions at GE Capital. He received a Bachelor of Science in Engineering from Princeton University.

"I am delighted to have the opportunity to lead IntraLinks into its next phase of growth and development. The increasing popularity of digital workspaces is powerful evidence of the return on investment that businesses are achieving by taking complex transactions and projects online," said Patrick Wack. "We anticipate strong growth moving forward. IntraLinks is recognized as the standard for distribution of business-critical information for the syndicated loan lifecycle. We are leveraging our experience and success to provide industry solutions for private equity reporting and clinical drug trials, and are realizing significant adoption in these markets."

About IntraLinks
IntraLinks (www.intralinks.com) the leading provider of digital workspaces, enables companies to effectively collaborate outside the enterprise on complex business. Through IntraLinks' secure, neutral, online environments, companies are better able to compete globally by accelerating essential business processes, simplifying communication, and fostering rapid workflow. IntraLinks is easily accessible anywhere, anytime using a web browser.

Since April 1997, more than 100,000 participants representing over 3,000 companies worldwide have used IntraLinks digital workspaces to communicate and collaborate on more than 10,000 projects and transactions. IntraLinks has been rapidly adopted by the financial services, pharmaceutical, legal and professional services markets. Over 100 global companies are IntraLinks clients, including AstraZeneca Pharmaceuticals LP; Bank of America; Bear Stearns; Chiron Corporation; Deutsche Bank; Ernst & Young; FDIC; Houlihan Lokey Howard & Zukin; International Finance Corporation (World Bank Group); JPMorgan Chase; TD Securities; Thomas Weisel Partners; Wachovia Securities; and WestLB. Founded in June 1996, IntraLinks is headquartered in New York with offices in Boston and London.

Contact:
Jeffrey Walsh
(212) 221-4612
jerry@walshcom.com
Contact:
Cortney Rhoads
(212) 221-4612
cortney@walshcom.com

      
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