Matthew Darby

Directorships
CDStar Ltd
EStarOnline Ltd
ECorp Worldwide Ltd

Major Shareholdings

Background
Matthew is the founder of CDstar.com and EstarOnline. Matthew has extensive
advertising and marketing experience having worked for Clemenger and DDB   
agencies both here and in Australia.                                       

Most recently Matthew was the Chief Executive Officer of TMP Worldwide here
in New Zealand, having successfully owned and operated his own advertising 
agency prior to selling to TMP Worldwide. TMP is a large publicly listed   
company, with Head Quarters in New York. TMP owns Monster.com, the largest 
employment Internet site in the world.                                     

News

NBR Rich List 2002

In business it pays to take the good with the bad. No one knows this better
than Matthew Joesph Darby (36), whose company EstarOnline's profits        
plummeted last year following the Nasdaq's dotcom dive and a disastrous    
investment in failed Wilson Neill Corporation.                             

"After the Nasdaq tipping over the previous year, I thought we were through
the worst of it, but unfortunately we inherited Wilson Neill and that      
pretty much sums up my year" Darby told The National Business Review.      

The trouble started for Christchurch-based EstarOnline in December 2000    
when the company sold its music sales business CDStar to Wilson Neill. The 
deal was supposed to be a cash sale but Wilson Neill reneged on the deal,  
instead giving the company shares. These took six months to be processed.  
Darby then discovered only $50,000 worth of shares had been passed on out  
of the total $350,000 agreed in the deal. On top of that, Wilson Neill owed
the company $150,000 on another account.                                   

By November last year, Wilson Neill and its subsidiary online bookseller   
FlyingPig owed the company around $450,000. EstarOnline pulled its services
and FlyingPig collapsed.                                                   

Despite all these setbacks Darby is keen to look on the bright side. The   
company recently licensed its internet shopping software iSAMS to Line7,   
the America's Cup store and Real Groovy Records. Its marketing package     
LaunchPad Mail has been picked up by SAP, NewsCorp, Tyco and Dick Smith    
Electronics.                                                               

Darby recently moved to Auckland from his hometown of Christchurch with his
wife of two years, Nicky. An avid skier, he now spends more time on the    
water in his boat.