David Linthicum appointed Chief Executive Officer at BRIDGEWERX

Industry Expert joins as company establishes new Headquarters in Reston, VA.

Reston, VA. August 23, 2005. BRIDGEWERX, application integration solution provider and division of 5by5 Software Ventures Ltd., is pleased to announce the appointment of highly respected industry figure David Linthicum as its new Chief Executive Officer. David will be based in the company’s new HQ in Reston, Virginia along with the US sales and marketing team.

Previously, David was the Chief Technology Officer (CTO) at Grand Central Communications. David is an internationally known service-oriented architecture and application integration expert. He has twenty years of experience in the integration-technology industry, and has served as CTO and VP of Research & Development with two large public application integration companies including chief technology officer of Mercator Software, Inc. and also SAGA Software. Prior to that he has consulted for hundreds of major corporations engaged in systems analysis, design, and development, with a concentration in complex distributed systems.

David keynotes at many leading technology conferences and has author three books on application integration, including the ground breaking "Enterprise Application Integration". He has the most widely read application integration SOA blog and contributes regularly to specialist industry columns in several leading technical journals.

Bob Tretiak, Executive Chairman stated "With the growth of BRIDGEWERX we understand the role of CEO requires a high calibre individual with demonstrable industry expertise, and I am delighted that we have secured the services of David in this important position within our company. He brings extensive domain knowledge and a level of experience that will be a valuable contribution to our team. In addition, our customers will also benefit from David’s understanding of the demands placed on their IT infrastructures by changing business needs, particularly in the integration space where the web services and SOA initiatives and creating new challenges and new opportunities."

David Linthicum, CEO adds, "I have the benefit of being involvement with BRIDGEWERX in an advisory capacity for several months. Under the leadership of Bob, some excellent ground work has been accomplished for the company and we are poised to move to the next level. I am convinced our approach to the market, our product development strategy and focus on customer service is the right one and am delighted to accept this exciting new role and look forward to building value for our customers and for our investors as we expand our business horizons."

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