Softrax Appoints John Pavlov VP of Engineering

Veteran Enterprise Software Leader Joins Fast Track Revenue Management Company

Canton, MA (Vocus) November 28, 2007 -- Softrax Corporation (www.softrax.com), a leading provider of enterprise revenue management and billing solutions today announced that it has named John Pavlov as the new Vice President, Engineering. With demand for Softrax applications reaching new markets, Pavlov has been tapped to lead the company’s software development strategy through its next phase of growth, advance its application capabilities, and further the Softrax SOA (Service Oriented Architecture) technology strategy.

“John’s extensive background in delivering mission-critical business and financial enterprise applications and his very broad technical and managerial experience make him an excellent match for Softrax at a time when the need for our products continues to grow across more and more industries, business models, and types of companies,” said Robert O’Connor, President and CEO of Softrax. “We are delighted to have someone of John’s track record and talents to support our market expansion and provide unmatched revenue management and billing solutions to our customers.”

Pavlov was previously Vice President of Engineering and Chief Technology Officer at Centive (formerly Incentive Systems), the recognized leader in on-demand strategic sales compensation management. He led Centive’s transformation from software to a SaaS (Software as a Service) solution provider with the Compel product and enhanced the Enterprise Incentive Management (EIM) on-premise product. Prior to Centive, he was Vice President, Engineering and CTO at GoldK, Inc., an online 401(k) provider. During his time at GoldK, he launched several major releases of GoldK's fully integrated retirement platform for financial advisors, plan sponsors and participants. At Interleaf he served as Vice President, Development, where he was responsible for the definition, implementation and enhancement of the BladeRunner product line, an XML-based content management and publication system. Pavlov was the co-founder of OpenSoftWorks, which was acquired by FlexiInternational Software.

About Softrax

Softrax Corporation is a leading provider of enterprise revenue management and billing software solutions that fundamentally change the way companies manage, analyze, report and forecast their revenue. Softrax solutions automate the entire revenue cycle, from revenue recognition, reporting and forecasting, through complex billing and contract renewals. Hundreds of corporations benefit from using Softrax to maximize their revenue, reduce operating expenses, comply with revenue recognition regulations and Sarbanes-Oxley requirements, and gain unprecedented visibility into their business performance. Softrax Corporation, headquartered in Canton, MA is privately held. More information can be found at www.softrax.com, www.revenuerecognition.com, and by calling 1.888.4.SOFTRAX.

Media Contact

Linda Wilson

Softrax Corporation

781.830.9308

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