Kalido Appoints Enterprise Software Industry Veteran and CEO as Non-Executive Board Director.

BURLINGTON, Mass. & LONDON -- James D. Foy, CEO and Director of $250 Million Concerto Software(TM), Brings a Wealth of Operational Management Experience to Kalido to Help Manage its Continued Expansion

Kalido, the leading adaptive enterprise data warehousing software provider, has announced the appointment of James D. Foy to the Kalido board as non-executive director. As an enterprise software industry veteran and currently president, chief executive officer and director of Concerto Software(TM), Foy brings Kalido substantial experience in managing rapid growth. He has already grown Concerto revenues to $250M and is responsible for achieving Concerto's mission to become the dominant global supplier of customer interaction management (CIM) systems. He has also held several senior executive roles at leading enterprise software companies.

In addition to his operational management expertise in worldwide markets, Foy also brings considerable database industry experience to Kalido. Prior to Concerto, he served as president of Informix Software (since acquired by IBM), then a global enterprise software company with more than $750 million in revenue. He previously served as the executive vice president of engineering at Ardent Software, where he was engaged in managing the company's growth through an acquisition strategy and playing a pivotal role in its successful acquisition by Informix.

Foy was also the founder, president and CEO of Constellation Software, which developed platform, operating system and database independent middleware, and director of research and development at Prime Computer, where he ran a worldwide software development operation. While at Prime, he was also a member of the board of directors of X/Open and Unix International.

Foy's appointment comes at a time when Kalido is poised for significant growth, following further customer wins and new license sales in the consumer packaged goods, banking, energy and pharmaceutical sectors. In addition, Series B funding announced in July, and the launch in September of the KALIDO(R) 8 application suite with a lifecycle management approach to enterprise data warehousing, also drive the growth opportunity. Designed for Global 2000 companies which experience major organizational change and complexity, KALIDO 8 quickly delivers consolidated views of enterprise performance and rapidly adapts these views to major changes in the business model such as mergers and acquisitions, market consolidation, corporate restructuring or new regulatory requirements.

Bob Potter, CEO and president of Kalido said: "It is a major coup for Kalido to have someone of Jim's caliber join our board as non-executive director. Having managed successful enterprise software companies at all points of their evolution, Jim will provide significant insights into managing growth to double and triple digit revenues. In addition, he brings extensive operational management experience, including engineering, customer acquisition and retention, financial and industry analyst relations, and human resources. Among his many achievements, Jim is also well recognized as an industry thought leader who spearheaded development in the data warehousing market."

Jim Foy added: "Kalido bears all the hallmarks of a world class software company. The lifecycle management approach of Kalido's software for enterprise data warehousing is the logical next step in the market's development and a huge technology advancement that meets a recognized market demand, as testified by its big name customer wins from a variety of industry sectors. Kalido is run by a top class management team, staffed by exceptional industry professionals, and has made exactly the right industry alliances. I am going to enjoy providing guidance for the company's well-managed growth through representing the operational perspective on Kalido's board."

About Kalido

Kalido provides adaptive enterprise data warehousing software to Global 2000 companies. The KALIDO(R) application suite (KALIDO) delivers consolidated views of enterprise performance and can rapidly adapt them to major changes in the business such as mergers and acquisitions, reorganization, market consolidation, or new regulatory requirements. This improves the speed and accuracy of management and financial reporting without the cost and delay of operational system standardization. Kalido customers who have measured the business benefits of their projects have typically found they have derived annual savings of millions, and in some cases tens of millions, of dollars through improved management of their company performance and reduction of IT costs.

With KALIDO, companies can rapidly create and manage adaptive data warehouses and associated master data throughout their lifecycle, benefiting from the software's strategic flexibility, low cost and speed of deployment. An independently audited study shows that KALIDO saves as least 55 percent in ownership costs compared to custom-built approaches, a figure surpassed by real-life customer experiences. A typical KALIDO data warehouse implementation takes 2-5 months, as opposed to 9-18 months for conventional methods.

Kalido customers include some of the largest companies in the world, such as BP, Cadbury Schweppes, HBOS plc, Intelsat, Labatt Breweries of Canada, Owens Corning, Philips, Royal Dutch/Shell Group of Companies (Shell) and Unilever. These companies and many others use Kalido's award-winning software in over 100 countries for their enterprise-wide data warehousing and master data management projects.

A privately-held company, Kalido is headquartered in Burlington, Mass. and London, UK and has regional sales offices throughout the United States, United Kingdom, and France. More information about Kalido can be found at: http://www.kalido.com.