Former Director of Local Deloitte & Touche Office Joins New Interactive Do-It-Yourself Home Improvement Web Site

TUCSON Ariz. -- DIYonline.com, a new Tucson-based Web company founded to give consumers the ability to custom design and plan Do-It-Yourself projects online, announced today it has hired Daniel Gasch, CPA, as Chief Financial Officer. Gasch, who most recently served as an investment executive with Dain Rauscher and is the former Director of the Tucson Deloitte & Touche, LLP office, brings more than 20 years of accounting, investment and IPO (initial public offering) experience to DIYonline.com.

"We are fortunate to have Mr. Gasch join our executive team," said Michael H. Heisler, President and Chief Operating Officer of DIYonline.com. "We will be launching our new Web site to the market in the Spring of 2000 and Daniel is an important addition for us. He will be key in developing the financial strategies for our company as we continue to grow and capitalize on the $170 billion home-improvement market."

DIYonline is developing aggressive Internet strategies to attract the 128 million proclaimed Do-It-Yourselfers to its interactive Web site. The new Web site provides consumers with a Web-based Do-It-Yourself network that allows users to plan, design, and ultimately purchase all components and tools necessary to complete their dream projects.

While serving as Director in charge of the Tucson office of Deloitte & Touche LLP, from 1995 to 1998, Gasch oversaw all audit operations and specialized in SEC reporting and high technology companies. He assisted in debt and IPOs, corporate mergers and acquisitions and real estate syndication.

Gasch has a Bachelor of Commerce Degree from McGill University. Gasch serves in leadership positions in numerous civic, community and educational organizations. He is a resident of Tucson and is married with two children.

DIYonline.com is based in Tucson, Ariz. with an additional sales and marketing office located in Lexington, KY. The company currently employs over 40 personnel in both offices and anticipates continuing to hire personnel throughout the year. DIYonline.com was founded to provide online Internet users the ability to custom design and implement Do-It-Yourself projects by using the company's proprietary software tools located on its Web site.