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Press Release

FMS President Becomes President of the Washington DC Chapter of the Young Entrepreneurs Organization (YEO)

VIENNA, VA -- July 1, 2000 - Luke Chung, president of FMS, Inc., has assumed his role as the president of the Washington DC chapter of the Young Entrepreneurs Organization (YEO, www.yeo.org ). Elected two months ago, Luke assumes responsibility from former president Ken Wolff of Acquient.

YEO is an international, non-profit organization with over 3500 members dedicated to fostering peer support among business owners and founders. With over 80 chapters around the world, the Washington DC chapter is one of the largest with over 70 members. Members must meet eligibility requirements, which include being under the age of 40 when joining, and being the owner, founder, co-founder, or controlling shareholder of a company with annual sales of (US) $1 Million or more. YEO fosters a safe and confidential environment where young entrepreneurs can meet their peers and share their experiences with both business and personal issues.

"YEO members have given me a great deal of insight and support in helping me grow FMS," said Luke Chung. "Unlike the many organizations dedicated to start-ups, YEO addresses the needs of many entrepreneurs who've achieved business success, yet benefit from the experiences of other successful entrepreneurs. It's an honor to be elected to president of the Washington DC chapter. I look forward to helping other members get more balance in their lives and take their firms to the next level."

Luke Chung will serve as president of the Washington DC chapter through June 2001.

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