Randy Peerson Joins IDS as Vice President of Software Development

New York, NY – June 22, 2004 - Integrated Decision Systems (IDS) announced today the appointment of Randy Peerson as Vice President of Software Development. Peerson will be leading development activities across the company's expanding suite of portfolio management products.

"IDS is growing rapidly and Randy’s experience and accomplishments make him the perfect choice for this leadership role," said Don Totter, CEO of IDS. "Randy will direct the continuing evolution of our highly scalable, robust and encyclopedic GIM™ and CALiPER™ products. He will also oversee the expansion of our product line, including Web Services support across our comprehensive solutions for asset managers and brokers/sponsors."

Randy Peerson has 15 years of experience designing, developing, and delivering applications. He came to IDS from Responsys, where he oversaw development of a suite of web-based email marketing solutions for Global 2000 companies. Prior to that, Randy held senior engineering positions at Sagent Technology, Intuit, Sun Microsystems, and Andersen Consulting. Randy holds a B.A. in Economics/Mathematics from the University of California, Santa Barbara, and an M.S. in Management Information Systems and M.B.A. from the University of Pittsburgh.

"Randy has a proven track record, achieved through his excellent leadership skills, technical skills and problem solving abilities," said Shahram Zaman, Sr. Vice President & Chief Technology Officer of IDS. "He will make a strong addition to IDS."

"IDS has developed world class portfolio management software over the past 23 years," said Randy Peerson, Vice President of Software Development at IDS. "I look forward to working with the IDS team as we build upon the Company's leadership position with the introduction of IDS ServicesSM, our ASP solution, and with the OEM version of our GIMâ„¢ product."

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