TOWER Software Strengthens Senior Management Team

TOWER Software Appoints Seasoned ECM Executive as VP and General Manager of U.S. Operations

October 31, 2007 — Reston, Virginia — TOWER Software, a proven global leader in Enterprise Content Management (ECM) solutions, announced today that Jeff Shulman has been named Vice President and General Manager for U.S. operations. Mr. Shulman’s appointment is part of an overall strengthening of the TOWER Software executive team, designed to streamline global growth and continue to enhance TOWER Software’s reputation for customer loyalty and successful deployments.

Mr. Shulman has worked within the ECM industry for nearly 20 years, serving in senior management positions at Mobius Management System, Documentum, and Media Bridge. “I look forward to meeting TOWER Software’s U.S. customers, and helping them leverage their investment in TRIM Context,” Shulman said. “There’s so much they can do with that initial investment – from increasing productivity to achieving compliance and being prepared for e-discovery across the enterprise.”

In other appointments, Jan Rosi returns to TOWER Software’s Canberra corporate headquarters for a promotion to Chief Marketing Officer, after having served as President of North America for more than three years. Tony Sumpster has been promoted to Executive Vice President overseeing Canada, Europe, and the United States. Paul Brenchley is now Vice President of Europe, and Grace Hiltz is now General Manager, Canada.

“TOWER Software is a strong private company in a growing market, growing at almost three times the market growth rate* with a shrinking number of competitors,” said TOWER Software CEO Martin Harwood. “By bringing in the best and the brightest from within the ECM industry, we serve our customers with a more experienced, knowledgeable team. Exceeding customer expectations is our number-one priority.”