Agilera Names Barbara Mowry and George Spencer, III, to Board of Directors.

Business Editors

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Oct. 21, 2002

Agilera, Inc., a leading full-service enterprise application outsourcing company, today announced the appointments of Barbara Mowry and George H. Spencer, III, to its Board of Directors. Led by an experienced management team and Board, Agilera provides a compelling combination of technical, professional and application support services - in either a hosted or remote management setting - to a wide range of businesses. The addition of Mowry and Spencer will complement the existing Board's efforts to continue to deliver on Agilera's tactical and strategic business plans.

"Barbara and George's skill sets and experience complement Agilera's short- and long-term growth strategy," states Robert Unger, CEO of Agilera. "Their appointments round out an already excellent Board of Directors. Barbara's management, leadership and operational experience, coupled with George's extensive knowledge base and relationships in the financial services sector, support our business model and extend our mission and vision."

Mowry is a highly qualified senior executive who brings to her new Board seat a strong record of achieving results in Fortune 500, intrepreneurial and entrepreneurial companies. With almost three decades of experience in the corporate arena, Mowry is recognized for her consummate leadership skills and marketing strategy and execution - fueling change, innovation and growth to each new business enterprise.

A veteran of a number of corporate boards of directors, Spencer is a seasoned financial and investment executive with influential venture and entrepreneurial contacts in the software, telecommunications and IT sectors. As an integral member of the executive staff at Adams Street Partners, Spencer has a strong background in sourcing and screening private equity investments. Positioned for growth, Agilera will draw upon Spencer's expertise in negotiating investment terms and financial structures.

Mowry, currently a corporate business consultant specializing in mentoring CEOs and in strategic business planning, was Chairman of the Board/CEO at Requisite Technology, a privately held B2B e-commerce Internet infrastructure company. Preceding that position, Mowry was President of the New Products Division of TCI (now AT&T Broadband). Mowry, a resident of Greenwood Village, Colo., has an MBA from the University of Minnesota and a bachelor's degree from Miami University (Ohio).

Prior to joining Adams Street Partners, Spencer was an executive member and co-founder of JK&B Capital, a venture capital firm. Previous to that position, he enjoyed a successful tenure at Boston Capital Ventures. Spencer sits on the Board of Directors of fourthchannel, inc.; Knightsbridge Solutions; SPS Commerce, Inc.; and Tavve Software Company. Spencer, based in Chicago, earned his MBA from Dartmouth College and a bachelor's degree from Amherst College.

About Agilera

Agilera, Inc. is a full-service, enterprise Application Service Provider (ASP) that delivers high quality, value-priced application management and technology services to businesses in a variety of industries, including manufacturing, healthcare, financial services, retail, business services and telecommunications. Agilera's economies of skill, scale and speed provide businesses the freedom to concentrate on their core capabilities while achieving quicker time-to-benefit with new application functionality and new releases, faster return on investment, reduced costs, and a lower overall Total Cost of Ownership (TCO).

Headquartered in Englewood, Colorado, Agilera Inc. began responding to the needs of business in 1996. Backed by a solid team of investors, including NTT/Verio, Centennial Ventures, CIBER, Inc., Wachovia Capital and Providence Equity, Agilera Inc. has successfully weathered the consolidation of start-ups and niche players, to become one of the most stable ASPs in business today. Agilera's Web site is www.agilera.com.