Composite Software Appoints Siebel Executive as Vice President of Marketing

SAN MATEO, Calif. - November 22, 2004 - Composite Software, the leading provider of enterprise information integration (EII) solutions, today announced the appointment of software industry veteran Wister Walcott as vice president of marketing. Walcott brings more than ten years of creating high-results products, programs, and teams. His responsibilities at Composite include product management, product marketing, and marketing programs to support the next phase of the company's growth.

"Wister has extensive experience building leading technology companies," said Jim Green, chairman and CEO of Composite Software. "As EII becomes an essential tool for more and more organizations, he will lead our efforts to continue to understand customers' requirements and drive the development of world-class solutions to meet them."

Walcott comes to Composite from Siebel Systems, a leading provider of business application software, where he most recently served as executive director of the Employee Relationship Management (ERM) product line. Walcott launched Siebel's ERM effort, and in 3 years grew revenues to over $30 million per year. Other roles at Siebel included general management responsibility for the Sales and Marketing Automation products, both of which also grew significantly under his tenure. Walcott is named on two pending Siebel patents in skills management and activity aggregation. He was named Siebel's Manager of the Year in 2003.

Siebel Executive Appointed Composite V.P. of Marketing

Prior to Siebel, Walcott served as vice president of Marketing for Pilot Network Services, where he developed marketing strategies that led to an IPO and revenues of $30 million. Before Pilot, Walcott served in various product and business development positions at Oracle Corporation, during which he successfully negotiated multi-million dollar OEM contracts with IBM, Apple, and Novell. Also at Oracle, Walcott managed the world's first graphical enterprise application development environment, in addition to building custom applications for Kodak, Aetna, Citibank, and other large enterprises. Walcott holds MBA and Computer Science degrees from Harvard.

About Composite Software

Composite Software is the acknowledged leader in Enterprise Information Integration (EII) solutions, which provide real-time views of critical business information across multiple systems. The company's flagship Composite Information Server enables access to distributed enterprise data as if it existed in a single location. Founded in 2002 and headquartered in San Mateo, CA, Composite Software is funded by Palomar Ventures, Apax Partners, Lehman Brothers Venture Partners, Clearstone Venture Partners and Dot Edu Ventures. For more information, please visit the company's web site at www.compositesw.com.
 

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