Connotate Announces Appointment of Don Williams to Vice President of Sales; Experienced Industry Professional to Provide Sales Leadership.

NEW BRUNSWICK, N.J. -- As a leading provider of Web mining and Web interaction solutions, Connotate Technologies, Inc. located in New Brunswick, New Jersey, announced today the appointment of Donald R. Williams as Vice President of Sales. The newly created position will provide sales leadership for the company and have responsibility for sales strategy, sales channel development and the achievement of the company's revenue goals. He will report directly to Bruce Molloy, President and CEO of Connotate.

"Having a sales executive with the specialized background that Don Williams has in the financial and publishing sectors gives Connotate a major boost in two of our key vertical markets," says Mr. Molloy. "With over 20 years of strategic marketing and senior sales experience at Fortune 500 and high growth technology companies, he can readily match our clients' complex business needs with our product capabilities."

Mr. Williams' background includes sixteen years in senior management positions at two of the world's largest and most influential electronic publishers, Reuters and McGraw-Hill / Standard & Poor's. At Reuters, he managed and developed a sales and marketing team responsible for historical data and financial services products. He was also the Vice President of Sales for a $70 million publishing unit of McGraw-Hill / Standard & Poor's, directly responsible for growing an international client base. As part of a McGraw-Hill team, his new channel and product initiatives earned the firm's prestigious "New Product Excellence Award."

His other experience includes Senior Vice President of Sales and member of the Executive Management Committee for SageMaker Inc., a venture-backed content aggregator and portal technology company. While at SageMaker, he spearheaded the penetration of new markets with new products, resulting in the company's rapid growth.

According to Mr. Williams, Connotate creates a compelling opportunity with its strong management team and unique technology. "Connotate's machine intelligent agents currently provide the best solution in the marketplace for monitoring, extracting, and delivering critical and time-sensitive information from the web," he says. The Connotate solution has wide application potential, from trading and arbitrage execution to business intelligence monitoring and automation of research functions. "This is a company with a terrific product set and a virtually untapped market," he adds, "and it offers clients a real advantage in the global marketplace."

Mr. Williams has a degree in mathematics and computing science from Simon Fraser University in Vancouver, Canada.

About Connotate Technologies, Inc.

Connotate Technologies was founded by world-renowned data-mining, and machine-learning scientists from Rutgers University. Its products and services enable users to monitor and extract multi-dimensional content from any unstructured source. Content is converted into XML, the new language of the Internet, and is enhanced, personalized and delivered to portals; business intelligence, knowledge management or content management databases; or directly to the user via e-mail or wireless device. Incorporating web services adds a significant dimension to these capabilities. Connotate is privately held with venture funding from Trautman Wasserman and Company, Inc. For more information on Connotate Technologies, visit the web site at http://www.connotate.com.