Cramer Systems Names Jerry Crook As CEO; 30-Year IT Industry Veteran Brings Strong Operational Skills, General Manager and Sales Experience to OSS Industry Leader.

Business Editors

BATH, U.K.--(BUSINESS WIRE)--June 10, 2002

Cramer Systems, a global leader in telecoms network inventory and provisioning automation software, today named respected IT industry executive Jerry Crook as CEO.

Mr. Crook, whose career spans senior level positions at ranking computer and software companies, brings nearly 30 years' experience in operations, sales and general management to Cramer. As CEO, he will be responsible for operations and management of a global enterprise recognized as one of Europe's fastest-growing technology companies.

Mr. Crook most recently served as Vice President & General Manager - EMEA at Peregrine Systems Ltd., where he grew the EMEA operation from 90 to 750 people and revenues from $48 million to over $148 million. Previously, as Vice President, Pan European Operations at Data General, Mr. Crook managed the corporate transition from hardware to systems solutions, developing new lines of business and revitalizing customer services activity, resulting in a strong turnaround of the company.

"Cramer offers telecoms the best business case for improving their return on investment," said newly-appointed Cramer CEO Jerry Crook. "I am very pleased by this opportunity to serve Cramer, the industry leader in helping communications companies operate at peak efficiency and effectiveness."

"Cramer's vision resonates with communications companies because we target the heart and soul of OSS - inventory and provisioning automation," said Kimber Lewis, President. "Jerry Crook's experience is the perfect complement, and will help propel and extend Cramer's lead as the premier results-oriented OSS solutions company in the industry."

"Throughout his three-decade career, Jerry Crook has consistently demonstrated the ability to lead from the front, as shown by his success in consistently driving revenue gains in an array of enterprises," said Jon Craton, Cramer co-founder. "His impressive repertoire of operations and sales expertise, combined with the strategic strengths of Cramer's core management team, further enhance our winning formula in the marketplace."

About Cramer Systems

Cramer Systems is the leading provider of inventory management and provisioning automation solutions for the global telecommunications industry. Cramer's products help service providers lower costs and reduce time to market by automating processes that rely on a detailed knowledge of network inventory, capacity and service configuration information. In February 2002, Cramer was awarded the coveted OSS Excellence Award for "Best Inventory Management System" by Billing World and OSS Today, and the European Technology Forum named Cramer the UK's "Hottest Technology Prospect" in March 2002.

Cramer's nearly 30 customers include leading European fixed and wireless operators, such as BT, BT Cellnet, Cable and Wireless, KPN Telecom and KPN Mobile. Cramer is located in Bath, UK. North American headquarters are in Vienna, VA. For more information, visit www.cramer.com.

Cramer and the Cramer logo, whether or not appearing with the trademark symbol, are trademarks of Cramer Systems Limited.