Documentum Appoints Leading Executives to Spearhead Worldwide eBusiness Initiative; Names Former Oracle Veterans Dave DeWalt and Nazhin Zarghamee to Executive Staff.

PLEASANTON, Calif.--(BUSINESS WIRE)--Nov. 8, 1999--

Documentum, Inc. (Nasdaq:DCTM), the leading provider of Internet-scale content management solutions for powering eBusiness applications, today announced the appointments of Dave DeWalt to executive vice president and general manager, eBusiness Unit, and Nazhin Zarghamee to vice president of marketing.

DeWalt and Zarghamee bring a combined total of 27 years of eBusiness and information technology product development, marketing and sales expertise to Documentum. The new hires highlight the company's commitment to providing leadership to augment its current strategy to further establish and drive a successful eBusiness model. Dave DeWalt, Documentum's new executive vice president and general manager of the eBusiness Unit, comes to Documentum after having spent the last four years as a sales and marketing executive at several emerging Internet companies. Assuming the role of vice president of marketing is Nazhin Zarghamee, who has had extensive experience in top marketing roles in the enterprise and Internet technology arena.

"Both Documentum and our customers will significantly benefit from the introduction of these seasoned hi-tech executives. Their proven eBusiness expertise and strong industry relationships are critical success factors at this stage of Documentum's growth," said Jeffrey A. Miller, president and chief executive officer, Documentum, Inc. "I am confident that their leadership will place Documentum in the right position to seize its tremendous market opportunity and fuel eBusiness revenues in the coming year."

DeWalt will work closely with Zarghamee to develop and communicate the benefits of Documentum's eBusiness offerings to customers and partners, and to evangelize Documentum's competitive differentiation. As head of Documentum's worldwide marketing and alliances, Zarghamee will be responsible for developing increased brand awareness and equity and will support DeWalt in defining and executing on Documentum's "go to market" strategy.

Dave DeWalt, Executive Vice President and General Manager, eBusiness Unit

DeWalt has more than 13 years of engineering, product management, marketing, and sales management experience. DeWalt was a founding principal and vice president of Eventus Software, where he was responsible for the Web content management software company's sales, marketing, and business development. Following Eventus' 1998 acquisition by Segue Software, DeWalt served as vice president, North American sales for Segue, where he oversaw all sales activities and pursued new eBusiness opportunities throughout North America to grow revenues to record levels in the second quarter of 1999. DeWalt also held the position of vice president of sales and marketing at Quest Software, where he managed a 75+ person worldwide sales and marketing organization and succeeded in growing revenues from $4 million in 1995 to more than $15 million in 1997.

A six-year Oracle sales management veteran, DeWalt was also a five-time President's Club Qualifier, holding various positions in sales management including channels, inside sales and direct sales. Moreover, he was deemed Oracle DMD's top commercial sales representative in 1992. DeWalt additionally held the position of vice president of engineering at Genesis Healthcare Systems. DeWalt earned a CS+EE Degree at the University of Delaware and conducted graduate work in Finance at the University of California, Berkeley.

Nazhin Zarghamee, Vice President of Marketing

With more than 13 years of successful marketing, management and product development experience, Zarghamee joins Documentum from her most recent role at Oracle as senior director of worldwide marketing, where she defined and managed the execution of Oracle's global eBusiness campaign. While at Oracle, she also established the Americas Applications Marketing group charged with developing the markets around Oracle's enterprise application products for both direct and indirect channels. During her tenure, Oracle tripled its applications revenue.

Zarghamee's established track record in developing and marketing leading-edge computing and information technologies also spans positions at Hewlett Packard and Digital Equipment Corporation. Zarghamee holds advanced degrees in management and electrical engineering from Stanford University and Massachusetts Institute of Technology.

About Documentum

Documentum, the leading provider of Internet-scale content management solutions for powering eBusiness applications, offers solutions that integrate dynamic content, complex business processes and people everywhere enabling seamless collaboration, communication and knowledge sharing between employees, suppliers, partners, and customers.

Documentum offers the only open, standards-based content management platform and applications suite for managing complex processes as well as any content type, in a truly collaborative environment -- enabling trusted content to be delivered to the right person at the right time on any information device, regardless of its origin or location. Documentum's highly adaptable collaboration and content management solutions enable corporate developers and Internet System Integrators to quickly implement robust eBusiness applications with the reliability, scalability and interoperability required by today's 24x7 Internet economy. These eBusiness applications powered by Documentum help more than 700 global customers dramatically improve their top line by accelerating product lifecycles, re-architecting business processes, improving operational efficiency and turning knowledge into a corporate asset.

Headquartered in Pleasanton, Calif., Documentum software and services are sold through a direct sales force, systems integrators and affiliated distributors worldwide. Additional information is available at www.documentum.com.

Note to Editors: Documentum is a trademark of Documentum, Inc. in the US and other countries. All other company and product names are used for identification purposes only and may be trademarks of their respective owners.