TrialStat appoints Gene Clouse as Vice President, Business Development

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Seasoned sales executive to expand worldwide business.

TrialStat Corporation today announced the appointment of Gene Clouse as Vice President, Business Development. Mr. Clouse has a proven track record developing and managing customer facing teams for technology companies, and will be responsible for all of TrialStat’s worldwide business development activities.

“TrialStat is currently experiencing rapid customer adoption of our core data management solutions with triple digit revenue growth year over year,” said Jonathan Barker, President, TrialStat. “Gene’s executive level business development experience with some of the world’s top technology companies will help us to reach out to more potential adopters and to sustain our growth momentum. He is a welcome addition to the team.”

Prior to joining TrialStat, Mr. Clouse was at Borland Software where he managed a team of 10 that generated $28 million in license revenue in 2005, an increase of close to 100% from 2004. At TrialStat, Mr. Clouse’s role will be to grow the company’s domestic and global business development activities.

“I was attracted to TrialStat by the three Ps: the products, the passion in the company, and most importantly, the people,” said Gene Clouse, Vice President Business Development, TrialStat. “I believe we have compelling value for our clients. My goal is to build TrialStat’s business development organization to facilitate the company in identifying and meeting the needs of more organizations that can greatly benefit from our products. In doing so, we will continue to develop a revenue stream that delivers the financial returns expected by the employees and investors of TrialStat. I’m honored to join this incredible team and excited about the opportunity.”

In his more than 23 years of technology experience, Mr. Clouse has held senior sales and management positions at Borland Software, Macromedia, WebGain, Symantec Corporation and Xerox Corp. As Sales Director for commercial sales, Eastern United States for MacroMedia, he was able, within a single fiscal quarter, to turn around a sales team which had missed quotas for two years, to a team that then experienced four straight quarters of growth. While at WebGain, Mr. Clouse grew the U.S. business from $10 million to more than $50 million in license revenues and developed a world class sales organization of more than 60 staff. In recognition, he received the inaugural 2000 Leadership Award of the worldwide sales organization. This acknowledged exemplary sales management leadership, motivation and team building, and is awarded to the top world-wide manager of sales persons.

Mr. Clouse holds a BA in economics and history, graduating cum laude from Wake Forest University, Winston-Salem, North Carolina, and an MBA in finance and accounting from the University of Pittsburg.

About TrialStat

TrialStat is a privately-held information technology firm with products and services that go beyond traditional EDC solutions to address the complete data management picture. From the industry’s most advanced integrated EDC platform to biostatistical support, adverse event coding, study monitoring and project management, TrialStat delivers flexible, proven data management on demand. For more information, please visit http://www.trialstat.com.

For media and analyst inquiries only, contact:

Shelley Mullins                

Media Relations, TrialStat                

613-720-2889                    

Kathryn Schwab

Media Relations, TrialStat

613-858-4407

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Shelley Mullins
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