Arthur R. Tauder
10 Garden Road
Weston, CT 06883
November 25th, 2000
To the Board of Directors of Piranha Corp.:
This letter servers to confirm my resignation from the Boad of Directors of
Piranha, Inc. effective at the close of business on Wednesday, November 22nd,
2000. Although I have supported your efforts in founding the Company and believe
in the overall positioning of Piranha as a compression technology company, I
must resign from the Boad of Directors because of fundamental disagreements over
business strategies and their implementation.
Very sincerely yours,
/s/ Arthur R. Tauder
Arthur R. Tauder
cc: Edward W. Sample, Richard S. Berger, Joseph Sherrill, Michael Steele, W.
Barger Tygart, Bruce Golden (General Counsel)
