bConnected Appoints Todd Tzeng President, CEO.

Business Editors & Technology Writers

BOULDER, Colo.--(BUSINESS WIRE)--Aug. 16, 2001

bConnected Inc. today announced the appointment of technology industry veteran Todd Tzeng to the post of president and CEO. He replaces Frank Bergen, founder and chairman, who spearheaded the hunt for a top executive to take the reins.

"As we moved from the proof-of-concept phase to the demand-for-product phase," said Bergen, "we saw the need for someone to lead this company as it became a full-fledged player in the enterprise software world. Todd Tzeng has the exact right mix of leadership experience, market understanding and general business savvy. We're delighted to have him leading the company."

Mr. Tzeng has an extensive track record in the world of enterprise application technology, including chief financial, operational and business leadership positions at a series of successful, high-growth companies, including Javelin Technologies where he managed day-to-day operations and oversaw corporate revenue growth of 400% in six months. Mr. Tzeng is also known in the Colorado business community as part of the management team at New Era of Networks (NYSE:SY) where he built its highly regarded engineering and product development departments.

"Todd not only grasps the underlying technology of our software platform," said Bergen, "he also understands the business problems and financial demands that drive the need for bConnected. That's critical for being able to create and deliver capabilities that business buyers want and will spend money for in this climate."

bConnected Software, Inc. provides a Business Process Management (BPM) infrastructure that integrates data, applications and people. At the core lies bConnected's BPIP(TM)(Business Process Integration Platform) that allows for the modeling and management of the business processes, the definition of user roles and relationships, and the viewing of associated historical transactions. bConnected platform brings visibility and control of information to the end-user in an interactive, collaborative, and secure environment.

"Any company generating over 10,000 transactions a month can benefit from bConnected," said Mr. Tzeng. "The same is true for companies requiring a platform capable of integrating partners who use different mechanisms for business. There are tens of thousands of such companies in the U.S. alone," he said, "and they are all interested in lowering the cost of doing business and in doing more business. So this is a great time to be coming to market with bConnected, because that's exactly what it does. We fully intend for it to be the solution of choice."

About bConnected

bConnected Software, Inc., formerly Covaleo Corporation, was formed in June of 2000 from the acquisition of bCandid Corporation by Software.com, now known as OpenWave Systems, Inc. (Nasdaq:OPWV). The company closed its first round of angel financing in April and is currently seeking its Series B funding.