Connotate Appoints Lokesh Seth to Vice President of Product Development; Experienced Executive to Drive Market Leading Products.

NEW BRUNSWICK, N.J. -- Connotate Technologies, Inc., the leading provider of solutions which create actionable intelligence from the Web, today announced the appointment of Lokesh Seth to vice president of product development. Mr. Seth will report directly to Connotate's CEO Bruce Molloy.

"We are very pleased to have Lokesh join Connotate" said Mr. Molloy. "He is a gifted manager who is able to synthesize technology and market needs into great products. Lokesh's proven strengths are a great addition to the management team."

Prior to joining Connotate, Mr. Seth was the CTO of ServiceWare, responsible for developing and driving the firm's technology vision. He led the product and development teams and guided the company through a successful IPO. He also oversaw the identification of strategic M&A opportunities and completed a successful merger with Kanisa.

Mr. Seth was previously with Covansys where he led various project teams advising Fortune 500 clients on their strategic technology plans and the building and implementation of IT solutions. Prior to that, he was the owner of a consulting firm that built custom applications for educational institutions. He holds a Bachelor of Technology degree in computer science engineering from India and a Master of Business Administration degree from Miami University.

"I am very excited about Connotate," said Mr. Seth. "Connotate's intelligent agent technology is uniquely positioned to tap the enormous value of the dynamic web."

About Connotate Technologies, Inc.

Connotate goes beyond search to create actionable intelligence from the Web. Its machine-intelligent agents can do anything a human can do to monitor, mine, analyze, and deliver high value content from the web. Agents are able to operate on a fully-automated, 24 x 7 basis. Connotate's Information Agent Suite(TM) is a robust and scalable platform. Agents are created using an intuitive GUI that supports fast and easy configuration without programming.

Connotate's clients include many of the largest global publishers and online media companies; large hedge funds and financial services firms; pharmaceutical, energy and internet companies; and federal and state government agencies. Connotate has been named one of the "100 Companies That Matter In Knowledge Management" by KMWorld for the second consecutive year. For more information on Connotate Technologies, visit our web site at http://www.connotate.com. The company is located on 100 Albany Street, New Brunwsick, New Jersey, 08901.