Former TIBCO Executive Frank Bergandi Appointed President and Chief Executive Officer of Actional Corporation

EAI Industry Veteran Joins Web Services Leader Actional (www.actional.com), a provider of cross-platform Web services management solutions, today announced it has named Frank Bergandi president and chief executive officer. Formerly executive vice president of worldwide sales and field operations at TIBCO Software and vice president of sales at Informix Corporation, Bergandi brings 30 years of enterprise application integration and software experience to Actional, along with a deep understanding of enterprise customer needs. In his role as CEO, Bergandi will accelerate Actionals growth and further the companys leadership position in the Web services market.

Former TIBCO Executive Frank Bergandi Appointed President and Chief Executive Officer of Actional Corporation

EAI Industry Veteran Joins Web Services Leader

Mountain View, Calif. -- June 10, 2002 -- Actional (www.actional.com), a provider of cross-platform Web services management solutions, today announced it has named Frank Bergandi president and chief executive officer. Formerly executive vice president of worldwide sales and field operations at TIBCO Software and vice president of sales at Informix Corporation, Bergandi brings 30 years of enterprise application integration and software experience to Actional, along with a deep understanding of enterprise customer needs. In his role as CEO, Bergandi will accelerate Actionals growth and further the companys leadership position in the Web services market.
    
Actional provides Global 2000 companies with the most cost-effective and immediate way to build, secure, manage and maintain Web services as the foundation for their enterprise application integration architecture. Attracting Frank Bergandis as president and CEO reflects an industry veterans endorsement of Actionals vision, technology superiority and rising leadership in Web services solutions. Actional is at the forefront of the industry shift from proprietary-based integration technologies to open, standards-based solutions, demonstrated in its recently announced product, Actional SOAPswitch - the industrys leading Web services management gateway.

"Frank Bergandi is a recognized leader in enterprise application integration and software," said Actional board member Tom Bevilacqua of ArrowPath Venture Capital. "His expertise in managing growing companies and track record in building business development and sales organizations will be invaluable assets in advancing Actional's leadership in the next wave of integration -- Web services". Arrowpath Venture Capital is focused on infrastructure technologies for the financial services markets-an industry segment that Actional is rapidly penetrating.

In his former role at TIBCO, Frank Bergandi was in charge of all aspects of global customer contact, including pre-sales, sales, professional services, field alliances, customer support, product support and educational services. Bergandi holds a B.S. degree and a M.B.A. degree from DePaul University. He serves on the board of directors of Tecsys, Inc., a Montreal-based supply chain vendor, and on the board of directors of San Jose Christian College. He is also an advisor to Infogain, a leader in eCRM and eBusiness connectivity.

"Actional's deep experience in integration, proven and field-tested Web services management technology and high caliber customers have put the company far ahead of the Web services pack," said Frank Bergandi, president and chief executive officer of Actional. "I'm looking forward to advancing Actionals lead, and to leveraging Actionals expertise to build the industrys foremost Web services management company."

About Actional
Actional Corporation provides Web services infrastructure solutions that help its customers gain competitive advantage by removing the barriers to adopting Web services standards as the foundation of their enterprise and cross-enterprise application integration architecture. Actional SOAPswitch - the industry's leading Web services management gateway -- lets organizations quickly publish, robustly secure and comprehensively manage Web services. This allows the rapid and cost-effective building, deployment and management of new applications such as self-service portals, end-to-end order management, and single customer view.

Actional is headquartered in Mountain View California, with offices across the US, Canada and Europe. Over 100 of the Global 2000 including Dresdner Bank, Sabre, Reliant Energy and Swisscom use Actional's products in their mission-critical infrastructure. Actionals strategic partners include Microsoft, SAP and Oracle. Actional is backed by ArrowPath Venture Capital, Government of Singapore Investment Corporation - Special Investments (GIC SI), International Capital Partners, NeoCarta Ventures, New Enterprise Associates and SAIC Venture Capital Corporation. More information about the company, as well as downloadable trial software can be found at www.actional.com.