Curl Bolsters Sales, Business Development Teams; Industry Veterans Fill Sales, Business Development, and Channel Sales Positions Following $17.9M Funding Round.

Business Editors

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Feb. 25, 2003

To support its cost-cutting advantages of the X Internet, Curl Corporation today announced it has bolstered its sales and business development teams with three new executive appointments following the company's recent funding round of $17.9 million.

David S. Wilner joins Curl as senior director of sales, responsible for developing and growing the company's internal and direct sales organizations. Chris Lesar is Curl's new senior director of business development, charged with establishing business relationships with large platform providers and systems integrators, as well as maintaining analyst relations. Sted Dowd is Curl's new senior director of channel sales and development, responsible for building the company's worldwide force of ISVs, systems integrators, and channel partners.

In December 2002, Curl announced the closing of its Series D round of financing, led by Baker Capital and Equity Group Holdings. Additional investors include Baring Capricorn Venture Fund Ltd. and Capricorn Venture Funds. The $17.9 million funding round brings the total amount of investment in Curl Corporation to more than $60 million over the past four years. Curl Corporation intends to apply this round of funding to its continued efforts to bolster sales and marketing initiatives.

"Curl harnesses the power of client-side computing, extends desktop application functionality to the Web, and puts the power where the work is done," said Tom Stiling, president and CEO of Curl. "The excitement behind that mission continues to draw top talent to our company. David, Chris, and Sted are industry veterans who bring the passion and expertise we need to continue building on our success."

Executive Overviews

David S. Wilner comes to Curl with over 20 years of high tech sales experience. Before joining Curl, Wilner was regional vice president of sales for Vcommerce Inc., where he increased sales to $10 million within 90 days of joining the company. Prior to Vcommerce, Wilner served as director of sales for Dirig Software, leading his sales team to close the three largest deals in the company's history and refocusing the team to pursue large enterprise sales. He has held executive-level sales positions at ProCure.com, Quality Systems and Software, SSA, SAP America, and other technology companies. Wilner holds a Bachelor of Science in Electrical Engineering and a Master of Business Administration in Finance and Accounting from Long Island University, as well as a Master of Science in Organizational Planning from Pace University.

Chris Lesar brings Curl a wealth of experience in technology business development and operations. Prior to Curl, Lesar served as vice president of operations at Dirig Software and was responsible for sales, marketing, business development and technical services. At Dirig, he drove year-on-year revenues over 250 percent, launched the industry's first cross-platform application server management solution, and brought key partnerships with IBM Global Services, Sun and Aprisma Management Technologies to revenue production. Before Dirig, Lesar held a number of key positions at SSA, including vice president of solutions management, which oversaw product management, industry and solutions marketing, and business development and analyst relations, as well as director of business consulting in Europe, Middle East and Africa (EMEA). Lesar holds a Bachelor of Business Administration in Operations Research and Management from University of Wisconsin.

Sted Dowd comes to Curl with a proven track in technology sales and business development. Before Curl, Dowd served as director of global alliances for Hewlett-Packard. Prior to that, Dowd was director of indirect channels for Bluestone Software, where he led channel initiatives with national systems integrators, such as BearingPoint, CGEY, Keane and Perot Systems. Earlier, Dowd held a number of sales positions that demanded his leadership and team-building skills to acquire new customers and drive revenues. He was a partner at CoMarket Inc., a strategic sales consulting firm, and a national alliances manager at Network Associates, where he drove revenue from $8 million to $20 million. He served as director of strategic accounts for Network General, and was responsible for business development and alliances at 3DV Technology. Dowd started his career at KPMG. He holds a Bachelor of Science in Accounting from University of Massachusetts and a Master of Business Administration from University of Pittsburgh.

For more information on Curl, please call 617-761-1200, email [e-mail] or visit www.curl.com.

About Curl Corporation

Curl Corporation delivers the cost-cutting advantages of the X Internet through the Curl Client/Web Platform(TM). By combining the desktop power of client/server processing with Web-based efficiencies, the Curl platform enables Global 2000 enterprises and Independent Software Vendors to achieve large gains in business productivity and profitability. As the industry's first rich client software suite to deliver Web-distributed enterprise applications, the Curl Client/Web Platform is complementary to server-side platforms, such as Sun's J2EE and Microsoft's .NET. Founded in 1998 and privately funded, Curl Corporation is headquartered in Cambridge, Massachusetts. More information on Curl can be found at www.curl.com.

Curl Client/Web Platform is a trademark of Curl Corporation. All other names, brands or products may be trademarks or registered trademarks of their respective owners.