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Gladwyne Software Surety Announces Key Management Appointments

New Vice Presidents Named at IT Risk Management Company

King of Prussia, PA - June 16, 2001 Gladwyne Software Surety, a provider of objective risk management services that enable financial executives to insure IT investments, today announced the appointment of two key professionals to its senior management team, including Vice President, Risk Management Services, Howard Fair, former Associate Partner at Andersen Consulting, and Vice President, Operations, Mark Moser, previously Answerthink's Commerce Applications Practice Leader.

"The expansion of our management team helps us maintain our growth and success in helping businesses regain financial and quality control of their IT investments," said Mort Goldman, Gladwyne co-founder and CEO. "The addition of Mr. Fair and Mr. Moser brings to Gladwyne a collective thirty-six years of experience in IT-related business and project development, implementation and management that will strengthen our infrastructure while supporting our growing offerings."

Gladwyne is strengthening its advanced risk management and business leadership team with the addition of:

Vice President, Risk Management Services, Howard Fair: Joining Gladwyne with more than twenty years of consulting and industry experience, Howard Fair is responsible for overseeing the overall delivery of the Risk Management program for clients implementing packaged software. His highlighted skills include industry recognized thought leadership in estimating, planning and managing large-scale global programs.

Previously with Broadreach Consulting, he spearheaded the strategy development, account management and delivery of eBusiness solutions. He also brings to Gladwyne eight years of experience accumulated at Andersen Consulting as an Associate Partner, where Mr. Fair managed global implementations of SAP's R/3 ERP software for leading firms in Consumer Products, Natural Resources, Electronics and Chemical industries.

Mr. Fair also has worked as Business Systems Manager for Kraft Foods and Senior Consultant and Systems Analyst for KPMG and Campbell Soup Company respectively. Mr. Fair holds a BA in Communication Studies from Pennsylvania State University.

Vice President, Operations, Mark Moser: Mr. Moser's is charged with leading the emerging technologies practice area, including the management of Gladwyne's project resources. He brings to Gladwyne more than sixteen years of IT-focused experience primarily in business development, strategy and project management, implementation and business process re-engineering.

His prior role as Practice Leader for Commerce Applications at Answerthink, an eBusiness Integrator, involved the management of P&L while leading a staff of more than 75 consultants responsible for planning, designing and developing customer web-based applications for various industries. Mr. Moser's customer development projects at Answerthink directly resulted in revenues totaling $16M.

In addition to Answerthink, Mr. Moser has also worked as a Senior Consultant and Systems Analyst respectively for CSC Consulting and Unisys Corporation. He holds a BS in Computer Science from Lock Haven University.

About Gladwyne
Gladwyne Software Surety, based in King of Prussia, Pennsylvania, provides objective risk management services that enable financial executives to insure IT investments. Gladwyne uses the Missouri Method®, the Company's proprietary methodology for identifying and managing IT project risk. Gladwyne ensures the success of technology implementations by providing clients with an objective, third party assessment, ongoing project audit, and the only insurance-backed guaranty for IT project implementations in the market. More information about Gladwyne is available online at www.fortera.com.

   
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