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Softscape Appoints New Chief Financial Officer

FOR IMMEDIATE RELEASE

Wayland, MA – April 16, 2008 - Softscape, the global leader in integrated people management software, today announced that William G. Brown joined the company as its new chief financial officer. With more than 25 years of experience as a financial executive, Brown will aid Softscape’s aggressive growth plans as the leading strategic human capital management solutions provider.

“Bill’s finance and administration talents are ideally suited to Softscape as we move into our next phase of growth,” said Dave Watkins, chief executive officer, Softscape. “Within the financial community, Bill is a recognized domain expert in the human resources market. He brings a depth of experience in interacting with the financial community and a proven track record in successfully growing both private and public technology companies.”

Brown is a seasoned leader who embraces a company’s vision and delivers results. As the CFO and treasurer at Authoria, Inc., he was instrumental in securing private equity financing, making two strategic acquisitions, and developing the core business administration functions. At ChannelAdvisor Corporation, where he served as CFO, he helped raise $40 million in funding, drove the acquisition of a key competitor, and led the strategic planning process. Brown also held roles as CFO, treasurer, and executive vice president at Lightbridge, Inc., which he helped take public in 1996, and financial and accounting management positions at BBN Technologies and Deloitte, Haskins, and Sells.

“Softscape is in a position of strength as one of the few people management vendors that is profitable. My role will be to accelerate the company’s market expansion and global growth strategy,” said Brown. “Throughout my career, I have fervently applied my skills and business acumen to investor value creation, fund raising, strategy, mergers and acquisitions, and leveraging existing businesses, markets, and resources to maximize growth.”

 

 
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    About Softscape (www.softscape.com)
Softscape is the global leader in integrated people management software that enables organizations to more effectively drive their business performance. Recognized by industry analysts as the most comprehensive strategic human capital management solution, Softscape provides complete employee lifecycle management, including a core system of record, in a single, integrated platform for improved business intelligence. The company offers customers of all sizes and in all industries the most flexibility and choice with multiple purchase, configuration, and deployment options. For more than a decade, Softscape has helped millions of workers across 156 countries be more successful at their jobs while contributing to bottom-line results. Softscape’s customers represent Fortune 500/Global 500, mid-market, and government organizations, including Proctor & Gamble, Barclays, AstraZeneca, Seagate, GKN, Edcon, LandAmerica, and the U.S. Department of Homeland Security. Softscape is based in Massachusetts with offices in London, Sydney, New York City, Chicago, San Francisco, Hartford, Washington, D.C., Bangkok, Hong Kong, and Johannesburg.
   
         
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