Acteon Technologies Appoints Jayna Smith as Vice President of Sales

Acteon Technologies, Inc., a growing financial applications company, announced it has appointed Jayna Smith as Vice President of Sales.

Westford, MA, January 17, 2003 -- Acteon Technologies, Inc., a growing financial applications company, announced it has appointed Jayna Smith as Vice President of Sales. Ms. Smith, a seasoned sales veteran, will be a key player in the introduction of Acteons flagship product, Acteon BudgetGuide.

With extensive experience selling business application software and services at companies such as Genesys Software Systems, HRMC Consulting Services, and the eClipse Group, Ms. Smith adds to the breadth and depth of Acteons management team. She has a proven record of developing new markets, leading sales organizations and building strong customer relationships. A director of the New England Board of the International Association for Human Resource Information Management (IHRIM), Ms. Smith is also an often-requested speaker at industry conferences.

We are thrilled to have Jayna join our team," said Chris Lorch, Acteon President and CEO. Acteon BudgetGuide is a breakthrough product for the middle market customer. For the first time, mid-sized companies can purchase a powerful and flexible solution that simplifies the budgeting process and is, at the same time, easy-to-use and affordable. Jayna will have a critical role in delivering Acteons message to this previously untapped customer base."

About Acteon Technologies
Based in Westford, Massachusetts, Acteon Technologies, Inc. (www.acteontechnologies.com) is a developer of high quality business solutions for small and middle market companies. With its flagship product, Acteon BudgetGuide , Acteon is working to fill the gaps in business functionality left by most Enterprise Resource Management (ERM) and General Ledger (G/L) accounting applications. Acteon Technologies was founded in 2000 and is privately held.