ETI Appoints New Senior Vice President and Board Members to Help Broaden Markets.

Business Editors and High-Tech Writers

AUSTIN, Texas--(BUSINESS WIRE)--May 29, 2001

Evolutionary Technologies International Inc. (ETI), a leading provider of data-integration management software, today announced that Angelina M. Schutz has been named senior vice president of business development and marketing, and Michael R. Cote and Clifford J. Grum both have joined the board of directors as members.

The new appointments will support the company's aggressive expansion strategy, which includes breaking into new markets and broadening its reach into more mature markets.

As senior vice president of business development and marketing, Schutz will focus her efforts on expanding ETI's existing relationships with global integration partners as well as guiding the direction of other strategic alliances and partnerships as well as enhancing global sales and marketing efforts.

Introducing ETI's primary software product ETI EXTRACT(R) as a data-integration management solution to the e-business and customer relationship management (CRM) markets will be another of Schutz's objectives. She also will consolidate the company's position in its core markets, including enterprise resource planning (ERP) and supply chain management (SCM).

"We are very excited to have Angie on the team. In addition to her wealth of experience in business development for software companies, she brings a real entrepreneurial spirit and global perspective that will enable us to increase ETI's share of the international and domestic data-integration markets," said Dr. Katherine Hammer, cofounder, president and CEO of ETI.

Prior to joining ETI, Schutz served as vice president of business development for Niku Corporation, a Silicon Valley software provider to the professional services sector. In just one year, she helped Niku to grow from 20 people to over 1,000 globally and acquire three companies. Previous to that, Schutz spent 11 years at Montreal-based STS Systems Ltd., where she set a new record for selling large ERP systems and managed relationships with the "Big 5" consultants. Schutz received masters' degrees in business and marketing from Webster University in Geneva, Switzerland and a Bachelor of Science degree from the State University of New York.

ETI also added two new members to its board of directors, bringing the total number of board members to seven. Michael R. Cote and Clifford J. Grum both will contribute their extensive business expertise to ETI's global expansion strategy by assisting with lead generation, refining the company's business objectives and providing advice and counsel on product development.

"As well-connected veterans of two highly successful organizations, Mike and Clifford will add significant value to the ETI board. We will certainly benefit from their knowledge and unique skill sets as we chart the course of the company's future," said Hammer.

Cote most recently held the position of chief financial officer, secretary and member of the operating committee at Talus Solutions. Prior to its acquisition by Manugistics Group Inc. in December 2000, the Atlanta, GA-based company provided pricing and revenue optimization (PRO) solutions. With nearly 20 years of experience in accounting, financial planning and operations, Cote also serves on the advisory board for KPMG Technology and on the board of directors for Equitrac Corporation.

Grum is the retired chairman and chief executive officer of Temple-Inland Inc., a Time Inc. spin-off and leading provider of paper, building products and financial services. Over the course of his 15-year career with the company, he distinguished himself in numerous positions, including a three-year stint as publisher of Fortune magazine. Grum currently serves on the boards of directors for Cooper Industries Inc., Tupperware Corporation and Trinity Industries Inc.

About ETI EXTRACT

The ETI EXTRACT Solution is an extract, transform and load (ETL) software solution that automates the exchange of information between incompatible systems. ETI's family of Data System Libraries enables ETI EXTRACT to generate programs using the language and transport mechanism most appropriate for the database being accessed and platform on which it resides, a more cost-effective and less time consuming solution than handcoding.

About ETI

ETI's enterprise data integration management software products are used by Global 2000 companies to reduce costs and time while improving quality in projects such as ERP implementation, data consolidation, data warehouse development and e-business initiatives. Founded in January 1991, ETI has regional offices in major U.S. cities and business operations in Europe, Canada and Australia.

ETI is recognized as an outstanding firm with an innovative product distinguished by numerous awards, such as an AA rating three-years running on the Crossroads A-List awards, two listings in the top 20 of the Inc. Magazine "500 Fastest Growing Companies" list and a listing on Computerworld's "100 Hot Emerging Companies" list. For more information on ETI, visit www.eti.com or call ETI's U.S. headquarters at 800/856-8800.

Evolutionary Technologies International, the ETI logo and ETI EXTRACT are trademarks or registered trademarks of Evolutionary Technologies International Inc. All other product or service names mentioned herein are trademarks of their respective companies.

NOTE TO EDITORS: In the product name "ETI EXTRACT," there is a bullet between "ETI" and "EXTRACT." It was removed for transmission purposes only.