Zoologic Hires Mark Kelly As Vice President of Worldwide Sales; Tech Industry Veteran Joins Financial e-Learning Provider To Manage, Grow Corporate Sales in 45 Countries.

Business Editors

NEW YORK--(BUSINESS WIRE)--June 14, 2001

Zoologic, Inc., the leading provider of online learning for financial professionals, today announced that Mark T. Kelly has joined the company as Vice President of Worldwide Sales. Kelly, a veteran sales executive with extensive high-tech industry experience, will lead Zoologic's sales efforts as it expands its customer base of more than 350 banks, institutions, and government agencies worldwide.

Kelly comes to Zoologic from Hyperion Solutions, a Sunnyvale, CA-based provider of business analysis software, where he most recently was Sector Vice President/Sales for the Northeast U.S. and Canada. He has also served as a sales leader for IMRS, Corporate Class Software, and Management Science America.

"Mark has proven throughout his career to be both a team leader and the kind of individual who can quickly accelerate sales activity for an organization. We're excited that Zoologic will be able to benefit from both of these considerable talents," said David J. Samuels, CEO of Zoologic, Inc. "As we continue to build our international presence, Mark will give us a unique ability to focus and intensify our sales organization on a number of fronts."

"Zoologic is the clear leader in financial e-learning worldwide. It will be both a pleasure and a challenge to take the Zoologic story into new markets around the world," said Kelly. "My background in accounting and financial software products has given me a clear understanding of the needs of financial professionals. I hope to leverage that knowledge as we strengthen and expand our sales efforts companywide."

During his tenure with Hyperion, Kelly took the company's Midwest region from last to first in sales, earning him the title of Regional Vice President/Sales. After being given the company's Canadian and Northeast U.S. territories, a larger business area, Kelly reorganized the Canadian operations into market focused units, creating tailored marketing and branding programs for customers. He also participated in the merger of Hyperion and Arbor Software, a direct competitor, as part of Hyperion's management transition team. At the time of his departure, Kelly's sales region was generating $28 million in software revenue for the combined companies.

Kelly began his career at Price Waterhouse & Co. (now PricewaterhouseCoopers LLP) as a senior auditor. He is a graduate of St. Peter's College in Jersey City, NJ, where he earned a B.S. degree in accounting.

About Zoologic:

Zoologic is the leading developer of financial e-learning worldwide. Developed by professionals, for professionals, the firm's client base includes more than 350 investment firms, banks, corporations, governmental agencies and universities in over 45 countries. Zoologic offers an exclusive pedagogical approach that employs animation and interactivity to demystify complex financial topics without oversimplifying them. The company's courseware is designed for seasoned professionals and newcomers alike, covering a rapidly expanding number of topic areas. Zoologic, a privately owned company, was founded in 1993 and is headquartered in New York City. For more information about Zoologic and its growing library of courses for financial professionals, visit www.zoologic.com.