Courion Appoints John G. Mokas Chief Financial Officer Mokas; Added to Senior Management Team to Support Company's Continued Growth.

Business/Technology Editors

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Jan. 16, 2001

Courion(R) Corporation, a leading developer of self-service identity management software, today announced that it has appointed John G. Mokas as its Chief Financial Officer (CFO). John will lead the financial management and IT departments as Courion looks to continue the explosive growth that has lead to an 80% quarter over quarter revenue increase and growth in the number of employees from 24 to 100 during the past four quarters.

Previously, at Parametric Technology Corporation (PTC), John held numerous senior financial management positions including corporate controller, director of treasury and finance, and director of corporate compliance. Most recently, John was the senior director of investor relations. During John's seven year tenure at PTC, he managed the company's financial operations as revenue grew from $150 million to over $1 billion, oversaw the integration of numerous acquisitions, managed up to a $600 million investment/cash portfolio, and served as a main contact for many Wall Street analysts.

"John's strong and broad understanding of finance coupled with his experience working with Wall Street will be important assets to Courion as we continue to implement our business plan," said Chris Zannetos, Courion's chief executive officer. "We are delighted to add John to our senior management team as we gear up for another successful year."

"I plan to help Courion continue to operate on sound business fundamentals - revenue growth, solid products, satisfied customers - while we continue our progress to profitability," said Mokas. "With the growth of corporate networks and the Internet, infrastructure management software that enables organizations to securely manage user identities and cost-effectively administer access rights, authorization credentials, and privacy, will be in great demand. I'm excited to be joining a company that is well positioned to take advantage of this market opportunity."

About Courion

Courion Corporation develops self-service identity management software for security, support, and customer service organizations faced with managing authentication, access control, and privacy for an ever-growing population of intranet, extranet, and Internet users. By combining a flexible workflow architecture that automates help desk processes and enforces security policies with 24X7 self-service interfaces that delegate password, profile, and account administration to employees, business partners, and customers, Courion's solutions eliminate help desk calls, slash support costs, strengthen network security, protect user privacy, and improve customer service quality.

Courion, based in Framingham, Mass., was founded in 1996 and is backed by leading venture capital firms and private investors. Courion's customers include The Boeing Company, Cummins Engine, Firstar Bank, Guardian Life Insurance Company, Penn Mutual, and Raymond James. For more information about Courion, call 508-879-8400, send e-mail to [e-mail], or visit http://www.courion.com.