Apexon Names Mark Angelo Vice President of Marketing; Seasoned Supply Chain Software Executive Joins Leading Supplier Relationship Management --SRM-- Company.

Business Editors/High-Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 9, 2002

Apexon Inc., an emerging leader in Supplier Relationship Management (SRM) solutions, today announced the appointment of Mark Angelo to the company's vice president of marketing. With more than 20 years of experience in marketing, sales and management in the supply chain software market, Angelo will spearhead the company's overall marketing strategy and initiatives and will be responsible for all corporate, product, market development, field, application partners and marketing activities worldwide.

"Mark is an experienced supply chain executive and an excellent addition to our management team," said Apexon CEO Matt Holleran. "He has a track record of recognized leadership in the transformation of supply chain software companies from early stage successes in new markets to clear market leaders in large software segments. He brings a unique blend of expertise in market development, product marketing and sales, and a keen understanding of the marketing drivers behind supplier relationship management software. Mark will be instrumental in helping Apexon become the global leader in SRM solutions."

Previously, Angelo spent five years at Agile Software, a leading collaborative supply chain software provider, as director of industry marketing. In this role, Angelo drove the company's market development, positioning, and value based selling initiatives, and was instrumental in growing the company to a global market leader for collaborative supply chain software. While at Agile, Angelo played a pivotal role in growing the company's customer base from less than 30 to over 700 and was instrumental in leading their strategic account program and their international expansion efforts. Prior to Agile, Angelo was a senior sales executive with Aspect Development, a strategic sourcing software provider that was acquired by i2 Technologies, where he managed strategic accounts such as Allied Signal, Lockheed Martin, and IBM. Prior to Aspect, Angelo was a senior sales executive with Sherpa Corp., a provider of Product Lifecycle Management software where he managed large accounts such as Northrup-Grumman, Smith and Nephew Richards, Harris and NCR. Most recently, Angelo served as a consultant in market and product development to early stage software providers focusing on supply chain execution.

"Managing operational processes with suppliers on a multi-tier, global basis is a very real problem faced by manufacturers that's been very difficult to solve," said Angelo. "Apexon is solving these problems in a fundamentally different way that has been validated by customer deployments with hundreds of suppliers and thousands of users resulting in proven hard-dollar savings. Apexon is clearly the leader in this important emerging market and I look forward to working with its experienced management team to propel the company to the next level of growth."

Angelo holds a bachelor's degree in Psychology from the State University of New York at Stony Brook.

About Apexon

Apexon Inc. is a leading provider of Supplier Relationship Management (SRM) solutions that manage the day-to-day business processes between manufacturing plants and their suppliers, driving measurable improvements in quality, costs and on-time delivery. Apexon's SRM solution provides a single web-based user interface to incorporate suppliers in critical closed-loop processes for quality and execution and monitors the performance of these cross-enterprise processes in real-time. Apexon enables manufacturers to synchronize the efforts of their multi-tier, global supply networks to drive down total supplier costs, reduce inventories and improve supplier response times. Apexon's unique Asynchronous Dynamic Response architecture enables easy integration, rapid supplier adoption, and deployment in less than 90 days. Apexon is privately held with investments from Accel Partners, Foundation Capital, Menlo Ventures, Rolling Thunder Network and David A. Stamm, co-founder and former CEO of Clarify, Inc. The company is based in San Jose, Calif. and can be reached via the Internet at www.apexon.com or by calling 408/573-2500.

Apexon and the Apexon logo are registered trademarks of Apexon. Other product or service names mentioned herein are the trademarks of their respective owners.