Andre M Boisvert to Join Sagent Board of Directors

Sagent, a leading provider of Business Intelligence solutions, announced that Andre M. Boisvert has joined Sagent's Board of Directors. Mr. Boisvert, former SAS Institute president and IBM and Cognos executive, brings business intelligence alliances and strategic expertise to Sagent.

"Andre is highly respected in the business intelligence industry worldwide," said Ben Barnes, president and CEO, Sagent. "He has brokered many key alliances and engineered the growth of several firms. He will be an invaluable asset to our board as we grow Sagent's business."

"I have always been impressed by Sagent's leading edge technology, but my enthusiasm for the company has grown exponentially since Ben joined the company as CEO," said Andre Boisvert. "When you combine the strength of the management team that Ben has assembled and the strength of Sagent's technology, one can only get excited about what returns are possible for both shareholders and customers alike."

With more than 25 years expertise in business intelligence that stems from his time at IBM, Cognos and SAS Institute, Boisvert has a track record of helping lead some of the industry's top business intelligence providers to the next level of growth. In addition to business intelligence, he has guided the strategic directions of important companies, such as Oracle Corp, where he was senior vice president of world wide marketing, and SEER Technologies, a joint venture between IBM and CS First Boston, where Boisvert played a pivotal role in bringing the company public in 1995. Today, Boisvert is an active participant as a limited partner in two leading East Coast technology funds and as a board member of several well-known software companies. In addition to these activities, Boisvert is a well-respected industry consultant and has consulted for such industry heavyweights as Microsoft Corp.

About Sagent

Sagent's suite of Business Intelligence solutions enables companies to measurably impact their business by implementing highly successful customer relationship and financial management initiatives. Through Sagent's powerful enabling technologies, organizations can easily and rapidly turn company data into relevant information that can be used for effective decision-making, analysis and reporting. Information can be extracted from multiple sources (internal and external), optimized for decision support and delivered in a customized format for Web-based or client applications. Even the most complex analytic application can be developed in weeks, not months.

More than 1,500 companies have selected Sagent software to enhance customer retention, cross-sell/up-sell, improve customer service, increase efficiencies of marketing campaigns, streamline business operations, analyze financials, and reduce costs. Customers include AT&T, BP Amoco, Boeing Employees Credit Union, Bristol Meyers, British Telecom, California State Automobile Association, Citibank, GPU Energy, Hughes Aircraft Employees Federal Credit Union, Johnson & Johnson (UK), Kemper National Insurance, Provident Central Credit Union, Safeway and Siemens. Sagent retains strategic relationships with partners such as Advent, Commerce One, Compaq, EDS, IBM, Microsoft, NEC and SAS. Sagent is headquartered in Mountain View, California, and can be reached at www.sagent.com.

Contact Sagent, Mountain View, Dave Dohrmann, 650-815-3278, ddohrmann@sagent.com.