Sapien Names Rick Roscitt as Chairman

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30-Year Veteran will oversee business development and growth strategies for HRMS and HCM solutions provider.

Sapien (http://www.SapienSoftware.com), the Human Resource Management Systems (HRMS) and Human Capital Management (HCM) industry leader in on-demand, Software as a Service, ASP/Subscription services, is pleased to announce the addition of Richard (Rick) Roscitt to the Sapien team as Non-Executive Chairman.

In addition to providing a significant injection of growth capital to the privately held firm, he will assist Sapien management with business development, marketing, growth strategies and key customer relationships. Roscitt’s 30-year career in the technology and telecom industries includes posts as CEO of AT&T Solutions, CEO of ADC Telecom, and President & COO, MCI Communications.

”Rick’s experience in outsourcing and telecom/technology marry up well to Sapien’s vision of dramatically simplifying HRMS and providing a truly outsourced model for all HRMS and HCM requirements for small, medium, and large organizations,” said David Rossi, Sapien Managing Partner.

”I am very exited to join Sapien and their compelling vision,” said Roscitt. “The Sapien human resource products are best in class both functionally and technically, have been adopted by major organizations worldwide, and there is a terrific team in place that I have bonded with.”

“Since the inception of Sapien, we’ve dreamed of bringing the SalesForce.Com model to HRMS and HCM as well as providing best in class integrated HRMS & HCM solutions for major organizations,” added Sapien Managing Partner Ryan Tweedie. “That dream has become a reality and in an effort to manage our growth, achieve scalability, and acquire and retain satisfied customers, we can think of no better person to assist us than Rick Roscitt.”

”The strength of the technology platform,” Roscitt added, “in addition to making on-demand and Software As A Service a reality for HRMS and HCM, enables our upcoming E-Provisioning module -- which is going to revolutionize the small and mid-market HRMS marketplace and ultimately all HR software functionality.”

For a full biography on Rick Roscitt, please visit Sapien’s web site at:

http://www.SapienSoftware.com

About Sapien

Sapien is a market leader in on-demand Human Resource Management Systems (HRMS) and Human Capital Management (HCM). Through its human resources targeted family of products the company provides a comprehensive suite of HR applications to help enterprises of all sizes meet the complex challenge of managing and sharing information to the appropriate parties quickly and efficiently anywhere, any time, completely hosted (ASP) via a simple web browser for on-demand Software as a Service (SaaS). With over 100 customers serviced, Sapien is headquartered in Morristown, NJ. For more information please visit http://www.SapienSoftware.com, or call 1-866-E-SAPIEN.

For information regarding this release please contact:

Direct Dial: (973) 944-7568

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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Payam Fallah
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