Press Release

Builder Homesite Continues to Expand Management Team

Recruits Chief Operating Officer and Two Vice Presidents

AUSTIN, TX - January 31, 2001 Builder Homesite, Inc. today announced the appointment of Michael K. Turner to Chief Operations Officer, Melissa Morman as Vice President of Builder Alliance & Customer Relationship Management, and Mark Johnson as Vice President of Marketing and Business Development. This selection of strong leaders positions Builder Homesite, which was founded by a consortium of the nation's premier homebuilders, to develop web-based solutions for the homebuilding marketplace.

These new executives are responsible for the tactical leadership, relationship management, strategic partnership and implementation of Builder Homesite's mission to improve the home selection, buying, and ownership experience through the use of online technologies.

"The addition of Mike, Melissa and Mark solidifies the already strong management team at Builder Homesite," said Tim Costello, President and CEO of Builder Homesite. "I am confident each of them will add depth and leadership to our business as we forge to be an innovator in the homebuilding industry."

Most recently, Turner was co-founder and CEO of Bike.com, where he forged strategic relationships with leading bicycle product companies, hired an executive management team and secured a $20 million term sheet commitment. Prior to Bike.com, Dryken Technologies retained Turner for business development and executive consultation. Having received a Bachelor of Science degree in Civil Engineering, Turner began his high-tech career with the founding of General Computer Systems in 1980. He grew the company to become a dominant supplier of facilities management software for the pre-clinical medical research industry. Turner eventually sold the company to venture capitalists in 1998.

Morman, with 17 years of consultative selling, account management, general management, as well as consumer services experience is responsible for leading and managing the consortium of builders, along with managing Builder Homesite's partner relationships and consumer facing services. Most recently, Morman was with ClientLogic, a leading provider of integrated infrastructure and customer relationship management solutions, where she held several executive positions the last being Client Management Officer. Prior to that she was with R. R. Donnelley/Stream for over 10 years focusing on creating and developing global strategic partnerships with major technology leaders. Morman has a Bachelor of Science degree in Organization Communications, received Cum Laude from Ohio University.

Prior to joining Builder Homesite, Johnson was co-founder and president of HighWired.com, an online network of over 15,000 high schools and a leader in the online education industry. He originated the business concept and led the business to market dominance, including the raising of over $40 million in capital. For many of his accomplishments and leadership, the Massachusetts Interactive Media Council named Johnson the 2000 "Young Entreprenuer of the Year." In addition, Johnson holds a Bachelor of Arts degree from The University of Texas and a Master of Business Administration in Entrepreneurship from Babson College.

The Builder Homesite management team now includes:

Tim Costello,

President and Chief Executive Officer

Greg Miller,

Vice President and Chief Financial Officer

Michael K. Turner,

Chief Operations Officer

Dr. Gary McMahan,

Vice President and Chief People Officer

Mark Johnson,

Vice President of Marketing and Business Development

Melissa Morman,

Vice President of Builder Alliance & Customer Relationship Management

Krishna Murthy,

Vice President and Chief Information Officer

Mark Roycroft,

Vice President of Sales

About Builder Homesite, Inc. and NewHomeSource.com

Founded in Austin, TX in 2000 by a consortium of 32 of the nation's largest homebuilders, Builder Homesite, Inc. (BHI) represents over 225,000 new home sales annually. BHI's mission is to offer improved technology and marketing solutions for the new home industry. The first product by Builder Homesite is NewHomeSource.com, a consumer website offering the most comprehensive information and selection of new homes available on the Internet. Because of the extensive distribution network, more and more builders are making BHI their entry point into the Internet. By providing data to New Home Source, builders can also participate in BHI online partner channels, including Yahoo, eBay, CitySearch, Homegain, newspaper and realtor websites.

If you are a member of the media and have a question or interview request, please contact

  • Blair Kuhnen
    817-658-7698


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