Avaki Names Tim Yeaton Chief Executive Officer to Further the Company's Success as a Leading Provider of Enterprise Information Integration Software.

Business Editors/High-Tech Writers

BURLINGTON, Mass.--(BUSINESS WIRE)--March 31, 2004

Avaki Corporation, a leading provider of enterprise information integration (EII) software, announced today that Tim Yeaton has been named chief executive officer (CEO). Tim joined Avaki in November of 2001 as chief operating officer, and was most recently president of the company.

"Tim's extraordinary energy and commitment has transformed Avaki into a leader within the burgeoning EII marketplace," said Andre M. Boisvert, chairman of Avaki's board of directors. "In addition to building a management team of exceptional caliber, he has demonstrated the vision and strategy key to bringing Avaki to the next level of success."

Avaki gives organizations across a broad spectrum of industries, including financial services, life sciences and manufacturing, the ability to dramatically improve how they provision, access and integrate distributed data inside the enterprise and beyond corporate boundaries with its unique, adaptable data grid technology. The company's flagship product, Avaki Data Grid, helps customers create one data service that applications use to retrieve data from multiple, distributed, heterogeneous data sources. With Avaki, companies eliminate the complexities of data integration and simplify application development and maintenance, resulting in significant time and cost savings.

"I'm honored by the Board's continuing support and commitment, and I am truly excited to contribute to the company's continued success," said Tim Yeaton. "Avaki is well-positioned for its next phase of growth and I look forward to leveraging the company's unique ability to provide its customers with a superior data integration solution that addresses their most taxing enterprise-wide data integration problems."

Yeaton is a seasoned, well-respected enterprise software industry executive. Before joining Avaki, he served as senior vice president and general manager of Server Products for Macromedia. He joined Macromedia as a result of the merger with Allaire Corporation, where he served as senior vice president of Products. Previously, Yeaton was vice president and general manager of Compaq's UNIX/Linux Software Division. Prior to Compaq, Yeaton worked at Digital Equipment Corporation for 18 years, where his most recent roles were as vice president of the UNIX business, and general manager of the Commercial Software Products (middleware) group.

Yeaton holds an MBA from Babson College and a BS, summa cum laude, from Roger Williams University. He also serves on Avaki's board of directors, as well as on the President's Advisory Board at Roger Williams University.

About Avaki

Avaki Corporation provides enterprise information integration software that simplifies how businesses provision, access and integrate widely distributed data from many heterogeneous data sources. Avaki enables businesses to use fresher, more accurate data, while reducing the overall cost and complexity of data integration infrastructure, programming and maintenance. Customers such as Pfizer and Aventis are using Avaki software to reduce data integration costs, make fresh data available, and improve productivity. Backed by Polaris Venture Partners, General Catalyst, and Sofinnova, Avaki is located in Burlington, Mass.