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Sequoia Software Names William Brennan Executive Vice President of Corporate Development.


Business Editors/Hi-Tech Writers

COLUMBIA, Md.--(BUSINESS WIRE)--Dec. 18, 2000

Sequoia Software Corporation (Nasdaq:SQSW), the leading provider of XML-pure portal software, has appointed William Brennan as Executive Vice President, Corporate Development.

Brennan will oversee Sequoia's global sales, marketing, and business development efforts.

"After Sequoia's past year of exponential growth Extremely fast growth. On a chart, the line curves up rather than being straight. Contrast with linear. , we felt the time was right to bolster our management team with a seasoned executive whose skills and force of personality would help ensure even greater success in 2001 and beyond," said Mark Wesker, president and COO, Sequoia Software. "Bill Brennan's outstanding record of accomplishment, both as an analyst and management consultant, relationships, people skills, and attitude made him an ideal match for Sequoia. We are very proud to have him join our team."

Before joining Sequoia, Brennan was a senior technology and industrial services analyst at Pacific Growth Equities in San Francisco, where he was named to the Wall Street Journal's "Best On The Street" analyst team in 2000.

He was also the founder of Griffin Ventures LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a merchant bank specializing in financial advisory/strategic consulting services to public and private technology companies.

Prior to Pacific Growth and Griffin, Brennan was a manager in the Financial Advisory Services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 Consulting Practice at Coopers & Lybrand in Philadelphia, where he specialized in the overall business needs of companies ranging in size from Fortune 500 to small, closely held A phrase used to describe the ownership, management, and operation of a corporation by a small group of people.

In a closely held corporation, the same people often act as shareholders, directors, and officers, and no outside investors exist.
 entities.

Brennan also held management positions with Law Companies Group, an Atlanta, Ga. based Architectural & Engineering firm, where he was the Director-Eastern Operations, and General Electric Aerospace HQ in Valley Forge, Pa. Brennan began his career as Missile Combat Crew Commander in the United States Air Force United States Air Force (USAF)

Major component of the U.S. military organization, with primary responsibility for air warfare, air defense, and military space research. It also provides air services in coordination with the other military branches. U.S.
.

Brennan earned a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science
BS, SB

bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies
 in Mechanical Engineering and Biology from Lehigh University, a Masters in Biomedical Engineering from Colorado State University Colorado State University, at Fort Collins; land-grant with state and federal support; chartered 1870, opened 1879 as an agricultural college, assumed present name in 1957. There is a veterinary teaching hospital, an agricultural campus, and a research campus.  and his MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 from Villanova University. He is an Adjunct Professor at Villanova University in the Graduate School, Commerce & Finance, where he teaches marketing.

About Sequoia Software

Sequoia Software Corporation (Nasdaq:SQSW) is a leading provider and innovator of XML-pure portal software. Sequoia's flagship product, XPS (1) See XML Paper Specification.

(2) A brand name for certain models of Inspiron laptops from Dell.
, drives the evolution of business toward true e-business, helping companies link systems and people, automate critical processes, and strengthen relationships throughout the value chain.

Sequoia's customers and partners include Baylor Health Care System, BITMO, Cap Gemini Ernst & Young, General Electric Power Systems Division, Johns Hopkins School of Public Health, Kaiser Permanente, Lehman Brothers, Lockheed Martin, SAIC SAIC - http://saic.com. , and Software AG. For e-business solutions that let you do more in less time visit www.sequoiasoftware.com or call Sequoia toll free 888/820-7917.

XPS is a trademark of Sequoia Software. All other trademarks are the property of their respective owners.

Note:

Other than historical information contained herein, certain statements in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995.

Forward-looking statements in this release involve a number of risks and uncertainties including, but not limited to, changes in market conditions, government regulation, technology, our ability to expand, our early stage of development, attraction and retention of key personnel, management of rapid growth, entry into new markets, intense competition, customer concentration and attrition and our dependence on XPS.

These risk factors are discussed in further detail in the Company's SEC filings including the prospectus filed in connection with our initial public offering and the Quarterly Report on Form 10-Q for the quarter ended September 30, 2000.
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Publication:Business Wire
Geographic Code:1USA
Date:Dec 18, 2000
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