Frederick Winston Joins Confluence As Vice President of Corporate Development

Pittsburgh, PA and San Francisco, CA - 26 October 2011

Business Development Executive to Focus on Strategic Initiatives and Acquisition Opportunities

Confluence, the leading provider of automated data management solutions for the investment management industry, today announced that industry veteran Frederick Winston has joined the company’s senior management team as Vice President of Corporate Development. In this role, he will work to advance the company’s focus on strategic growth in the United States and globally, including evaluating strategic acquisition opportunities.

"Frederick Winston has a strong background in corporate strategy and analysis, management and business development,” said Kirk Botula, President and Chief Operating Officer of Confluence. “Frederick’s venture capital experience and his recent work directing multi-million dollar global programs will be of great value as we actively pursue acquisitions and initiatives."

Mr. Winston will be based in Confluence’s San Francisco office, which opened in June 2011 to further serve its growing client base.

"As a fast growth technology leader with top tier global clients, Confluence is uniquely positioned to pursue acquisition opportunities that both deliver added value to their customers and accelerate the company’s growth,” said Mr. Winston. “I am honored to be joining a highly-recognized industry leader and am committed to helping Confluence expand its international footprint.”

Mr. Winston previously worked at US Bancorp Piper Jaffray Ventures, where he analyzed early-stage technology companies for strategic investment opportunities. He also held senior-level roles at Broncus Technologies, Inc., where he helped to open markets in the U.S. and Europe, and managed all phases of a $25 million research program across four continents.

In addition to his professional experience, Mr. Winston was a Sloan Fellow at the Stanford University Graduate School of Business, where he earned a Master of Science degree in Management. He also holds a Master of Science degree in Mechanical Engineering from Stanford University, and a Bachelor of Arts degree in Chemistry from Williams College.

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