FIRESTAR SOFTWARE ANNOUNCES NEW SENIOR VICE PRESIDENT OF SALES AND MARKETING, MICHAEL DONNELLY

Industry Veteran joins FireStar to lead the commercialization of its ground-breaking software product EdgeNode â„¢

Acton, MA – April 18, 2005 – FireStar Software, Inc., a leading provider of software products that automates business transactions between companies, today announced the appointment of Michael Donnelly to its executive management team as Senior Vice President of Worldwide Sales and Marketing. FireStar Software’s flagship product, EdgeNode enables companies to integrate with their customers’ computer applications efficiently, reducing operational costs , improving customer service and creating competitive differentiation.
In addition to his previous position as EVP of Sales at MarketWatch, Inc., Mr. Donnelly has held executive-level sales and general management positions and has built successful sales and business development teams at ADP, Quotron Systems, Reuters, and Pinnacor.

"Mike is a fantastic addition to the executive team here," declared Kenneth Lord, CEO of FireStar Software. "He brings a track record of success building businesses and a deep background in the issues facing the financial services market. He quickly grasped the great value of what FireStar offers to its customers and prospects. We're building a first-class organization, and we're very confident that Mike will help advance us to the top tier of financial service software providers."

"I'm delighted to be joining the team at FireStar Software," said Mr. Donnelly, "because in FireStars EdgeNode I see a unique, scalable, and proven product that effectively helps our customers automate their business transactions with their clients and partners. It's clear to me that FireStar has developed a ground breaking product with a highly talented team and I'm looking forward to helping make it an outstandingly successful company."

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