People & Positions:

Sagent Appoints New Board Member

Sagent, a leading provider of Business Intelligence solutions, announced that Irv H. Lichtenwald, Chief Financial Officer of Advent Software has joined Sagent's Board of Directors.

Lichtenwald was chosen in large part because of the financial leadership he has shown at Advent Software. He joined Advent as chief financial officer in 1995, and over the course of his tenure, the company has maintained consistent year-over-year growth.

"Irv is well-respected in the financial community and is a seasoned leader who adds depth to an already solid board," said Ben Barnes, president & CEO, Sagent. "We believe Irv will take a proactive approach toward helping Sagent continue to execute on its growth strategy."

"I am quite confident in the executive team that has been put in place in the past year, and in the sophisticated services that the company delivers," Lichtenwald said. "I welcome the opportunity to contribute to the long-term financial success of the company."

With more than 20 years expertise in finance operations for companies including Advent Software, Trinzic Corporation and Visicorp, Lichtenwald has a long track record of helping lead some of the industry's top software providers to a higher and consistent level of growth.

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 Software, Commerce One, Compaq, EDS, IBM, Microsoft, NEC, SAS and Sun Microsystems. Sagent is headquartered in Mountain View, California, and can be reached at www.sagent.com.

Contact Sagent, Michael A. Piotrowski, 727-725-9727 x2230, mpiotrowski@sagent.com.

Sagent Names New Lead for Data Mining & Data Quality

Sagent, a leading provider of Business Intelligence solutions, announced the appointment of Chris Hamlin to the newly created position of vice president & General Manager, Data Mining & Data Quality.

"Given Chris' strong background in both data mining and data quality, I have asked him to lead two important initiatives for us as we continue to expand our business intelligence solutions," said Ben Barnes, president and CEO, Sagent. "Chris will be our corporate champion and provide leadership for our data mining and campaign management initiatives, including our work with SAS Institute. He will also manage our product marketing and product management efforts related to our Centrus data quality and data enhancement products. Both are important elements of our total solution as we further enhance the ability of our customers to improve decision-making."

Barnes added: "Chris has centered his career on the creation of solutions for CRM, business intelligence, data mining and data warehousing. A proven leader in the BI and CRM industries, Chris brings to Sagent a blend of business skills and technical knowledge, extensive industry contacts and experience, and a strong ability to interact successfully with customers at all levels."

"The opportunity to further leverage and expand Sagent's business intelligence solution is indeed exciting," Hamlin said. "The Sagent Solution is an ideal business intelligence platform that enables companies to perform timely and strategic analysis of their data. My immediate goals will center around the extension of those analytic capabilities and the further strengthening of the Centrus product line -- Sagent's leading data cleansing and data enhancement technologies."

Hamlin, who has more than 20 years of experience in developing, marketing and selling software, joins Sagent from SPSS, Inc. At SPSS, he led the company's global strategic partnering efforts and directed the development, marketing and sales of its Enabling Technology Division. Before that, Hamlin served as general manager of Information Advantage's CRM Business Unit. He also was president and founder of Collaborative Software Solutions, which developed CRM analytic applications.

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 Software, Commerce One, Compaq, EDS, IBM, Microsoft, NEC, SAS and Sun Microsystems. Sagent is headquartered in Mountain View, California, and can be reached at www.sagent.com.

Contact Michael A. Piotrowski, Sagent, 727-725-9727 x2230, mpiotrowski@sagent.com.