Cape Clear Software Appoints Vice President of Sales in North America.

Business Editors

CAMPBELL, Calif.--(BUSINESS WIRE)--Aug. 28, 2001

Cape Clear(tm) Software, a leading provider of Web Services technology, has announced the appointment of Mr. Martin Weber to the position of Vice President of North American Sales.

Weber joins Cape Clear from SilverStream(R) Software (NASDAQ:SSSW), where he was a Regional Sales Director for over four years. He has extensive experience in emerging technologies and, prior to joining SilverStream, held senior positions at Powersoft Corporation, a leading developer of client-server tools, which was later acquired by Sybase(R) Inc.

"When you tell companies that they can integrate their existing applications and build new Internet-ready applications using the tools and skills they already have in their organization, they get excited," commented David Clarke, Chief Executive Officer at Cape Clear Software. "Cape Clear is delivering the products that support that opportunity today. Martin's arrival brings us proven sales management expertise that will be a vital component of successfully managing our continued growth."

"There are very few opportunities in this industry to get involved with a revolutionary technology that promises to solve some of the longest-standing IT challenges facing corporations," according to Weber. "Web Services is one of those opportunities and Cape Clear is opening Web Services to a wider audience than ever before. The ability to bring together in-house systems and extend them over the Internet, using existing expertise and open industry standards, represents a very exciting opportunity for any organization. I believe Cape Clear has the products and technology to make the promise of Web Services a reality."

Prior to SilverStream and Powersoft, Weber held senior management and sales positions at Pyramid Technologies and Unisys(R), where he provided unique insights into the cross-technology needs that form the basis for heterogeneous Web Services.

About Cape Clear Software

Cape Clear Software ( http://www.capeclear.com/ ) is automating the business Internet by providing the software products that corporations need to create Web Services. Utilizing leading industry standards such as XML, SOAP, WSDL, and UDDI, through products such as CapeConnect(tm) and CapeStudio(tm), Cape Clear enables new business applications to be linked over the Internet from diverse technologies, such as Java(tm), EJB(tm), CORBA(tm), and Microsoft(R) .NET. Founded in 1999, Cape Clear is a privately held firm with offices in Dublin, London, Boston, California, Denver, and Washington D.C.