RANDom walk hires jeffrey hertzberg, former head of xenotrope, as senior engagement manager

RANDom walk hires jeffrey hertzberg, former head of xenotrope, as senior engagement manager

New York, May 14, 2003 - Random Walk Computing, Inc., a leading provider of enterprise technology solutions for financial services organizations, today announced the appointment of Jeffrey Hertzberg as a senior engagement manager. In this role he will lead client engagements as Random Walk continues to expand its business. He will report to Lloyd Altman, director of consulting at Random Walk.

Prior to joining Random Walk, Mr. Hertzberg, a two-decade industry veteran, co-founded and served as president of Xenotrope, Inc., a consulting firm focused on software development for the financial industry. Xenotrope’s customers included the Federal Reserve Bank of New York, J.P. Morgan & Co., and Chase Manhattan.

Before his role at Xenotrope, Mr. Hertzberg was a principal at financial technology consulting firm Fusion Systems Group, Inc., where he was in charge of projects for such customers as Goldman Sachs and Moody’s Investors Service. Mr. Hertzberg’s prior experience also includes Seer Technologies, Citibank, Merrill Lynch, Security Pacific Software Services Inc., and Irving Trust Company. Mr. Hertzberg is an active speaker and moderator for industry events such as the CIO Forum, covering a wide range of topics from Wireless Web to XML to e-commerce.

"Jeffrey Hertzberg’s wealth of industry contacts, his depth of experience in financial services, and his technical expertise in enterprise-level software development are great assets for Random Walk’s skilled engagement management team," said Lloyd Altman, Random Walk’s director of consulting. Mr. Altman continued, "We are very pleased to add Jeffrey to our engagement management team. With almost 20 years of international business experience, Jeffrey will spur our continued growth tremendously."

Said Mr. Hertzberg, "I am thrilled to be joining Random Walk. I have long admired their technical excellence and client dedication. I look forward to contributing to their success."

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