Briefs

Strengthens Management Team and Drives Company Growth to Next Level

NEWBURYPORT, Mass. - September 21, 2004 - Genalytics, a leading provider of advanced business analytics software, today announced it has named Ray Kingman as its new CEO. Doug Newell, founder and former CEO, will retain his role as Genalytics' president focusing on market development and strategic sales opportunities. An experienced innovator in the content management and data visualization spaces, Kingman will direct Genalytics' day-to-day operations, the expansion of product offerings, and the development of strategic relationships.

"Ray has a strong track record in growing enterprise software firms and brings a wealth of leadership experience," said Doug Newell, founder and president of Genalytics. "Over the past 18 months, we have built a solid customer base and have experienced tremendous growth. Under Ray's direction, we are confident that we will continue to build the company and deliver products that have an immediate and positive impact."

Most recently Kingman served as CEO of LightSpeed Software, a provider of content management software. At LightSpeed Software, he transformed the company through the acquisition and integration of firms in the XML categorization and classification, search, analytics, content management, authoring and portal platform spaces.

For more information, visit www.genalytics.com.