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GoldenSource Corporation appoints Mark Zill as Executive Vice President responsible for global software operations

Industry veteran brings strong management track record to support international Enterprise Data Management (EDM) growth

NEW YORK– March 8, 2005 – GoldenSource™, a global software provider of Enterprise Data Management (EDM) solutions for global financial institutions, announced Mark Zill has joined the company as executive vice president, reporting to CEO Michael Meriton. Zill, 56, brings more than 25 years of software expertise to this role and will be based at the company’s New York headquarters.

Enterprise Data Management (EDM) has recently been classified as the No.1 issue for the financial services industry. GoldenSource is undergoing substantial growth in this expanding market through the effective execution of its global operating model, a strategic enabler in supporting customer and market demands.

Zill is responsible for the leadership and development of the software operations at GoldenSource, including product management, product development, customer care and international operations. Mark brings a proven track record for effectively managing global software operations through strategic development and scalable growth.

Previously, Zill served for 4 years as senior vice president & general manager of CheckFree Financial and Compliance Solutions a software division of the CheckFree Corporation. At CFACS, Mark achieved consistent profitability and growth with a global team. In 2003, Mark managed the acquisition of HelioGraph, a complementary global business.

"My experience in financial services software, especially more recently in the reconciliation arena, has given me a keen appreciation of the challenges faced with disparate systems and non-integrated data" says Mark Zill, EVP, GoldenSource. "In joining GoldenSource, I am very pleased and excited to be part of a company that solves those issues with a market leading integrated Enterprise Data Management (EDM) suite."

Prior to CheckFree, Mark served as co-founder of JGI/Baan, a software reselling business in New Jersey and provider of ERP solutions. From 1990 to 1997, Mark served in various management capacities for Dun & Bradstreet Software. Previously, Mark was a software consultant for several New York-based financial services organizations.

"Mark brings extensive knowledge of the software industry and successful operations management, coupled with the special insight into the unique challenges facing financial services firms," says Mike Meriton, president and CEO of GoldenSource. "He brings a proven track record for driving global software operations that deliver high return-on-investment enterprise application solutions."