Rivermine Software Taps Into Federal Telecom Management Marketplace with New Director of Federal Sales

Fairfax, VA, July 19, 2005 – As the federal telecom spend increases and becomes more difficult to track, Rivermine Software, a leading business applications provider for enterprise telecommunications management (ETM), today announced it has launched a multi-agency federal sales initiative and has appointed Christopher Carlston as director of federal sales. Carlston brings more than 20 years of government technology sales experience, most recently with Akamai Technologies.

“Chris has successfully delivered first-class solutions to the government throughout his career,” said Mark Logan, CEO, Rivermine Software. “His track record will definitely advance Rivermine’s strategic federal program.”

With a $15 billion plus annual federal telecom spend, Rivermine Software can help civilian and defense agencies efficiently manage their telecom deployment, migration, consolidation and convergence initiatives. The solution will also help departments and agencies record and track their extensive circuit and telecom asset inventories. For upcoming Sarbanes Oxley compliance mandated by the Government Accountability Office, the software automatically audits incoming invoices and allocates bills to appropriate cost centers.

As part of Rivermine’s federal outreach, Carlston and Kevin Dunetz, Rivermine’s CTO, are speaking at today’s INPUT Telecommunications MarketView 2005 event at the Fairview Park Marriott in Falls Church, Va. The event draws representatives from government agencies and government IT contractors involved in telecommunications decisions.

Rivermine Software’s solution provides an intuitive and unified way to view, manage, and control nearly all aspects of telecommunications management. It integrates many cumbersome tasks such as service ordering and provisioning, telecom analysis and planning, and invoice processing, auditing, and payment.

About Rivermine Software

Rivermine Software is the leading business applications provider of Enterprise Telecommunications Management software. Rivermine’s inventory-powered solution provides mega-million dollar impact to clients by addressing their largest and most severe management issues: controlling expenses, process compliance, and analysis of network design, usage, and cost. A privately held company, Rivermine caters to billion dollar enterprises and also partners with select service providers and integration companies.

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