Osprey appoints Tom Wilson President & Chief Operating Officer

Charlotte, NC April 25, 2001: The Board of Directors of Osprey Systems, Inc has appointed Tom Wilson President & Chief Operating Officer of the Company effective May 1st, 2001.

Mr. Wilson came to Osprey in 1997 to start their e-Business practice after 14 years with IBM. Mr. Wilson has built a team of e-business experts that have implemented numerous B2B e-commerce, customer relationship, and enterprise resource planning applications for manufacturing and distribution industry clients. While with IBM, he served in numerous capacities including Business Unit Executive for the Southern Area as well as Senior Location Executive for Sales and Services in Charlotte. While managing a team of 75 professionals, Mr. Wilson grew his division's revenue to over $400 million dollars. During this time he also earned his MBA from Duke University.

Tom has made significant contributions to Osprey since he joined the Company" said Dave Rizzo, Osprey Chairman and Chief Executive Officer. I am delighted that someone of Toms caliber can be counted on to manage the day to day operations of the Company. He has earned this opportunity and the Board and I are confident he will help lead Osprey to new heights."

We are delighted with the progress Osprey is making in these very challenging times" said Jess Marzak, Managing Partner of Bank of America Ventures and an Osprey Director. Tom has made significant contributions in the past and I am convinced he will continue to do so in his new role."

Mr. Wilson holds a B. S. degree in Finance from Clemson University and an MBA from Duke University. He has served on the board of several community organizations including the North Carolina Dance Theatre where he is currently Chairman, Junior Achievement of the Carolinas where he is past Chair and the United Way of the Central Carolinas.

Mr. Wilson is a frequent speaker on the impact of the internet on business and has presented for many industry conferences, civic groups, corporations, and organizations.

About Osprey
Osprey implements, integrates and supports strategic application solutions in selected manufacturing and associated distribution industries with a focus on internet based customer systems and enterprise resource planning applications. The use of Ospreys packaged solutions, leveraging strategic partnerships with SAP, Microsoft, Vignette, Informatica, and Haht Commerce, accelerate the pace that clients can realize business value from their technology investments. Headquartered in Charlotte, NC, Osprey's full complement of business and technology consulting services enable clients to define, develop, execute and support their business and information technology systems objectives. From strategy, implementation, and integration to training, hosting, and 24 X 7 customer support, Osprey optimizes client success in the Internet economy. For more information about Osprey's full range of services call toll-free 888-9OSPREY or visit www.ospreyUS.com.