Ken Bozzini Joins Arena Solutions as Chief Financial Officer

Bozzini Brings More Than 25 Years of Financial and Business Leadership Experience for Technology-Based Companies

• Press Release
• Source: Arena Solutions
• On 8:00 am EST, Wednesday January 7, 2009

FOSTER CITY, CA--(MARKET WIRE)--Jan 7, 2009 -- Arena Solutions, the leading provider of on-demand product lifecycle management (PLM) software for manufacturers of all sizes, today announced the appointment of Ken Bozzini as the company's chief financial officer (CFO). With more than 25 years in financial and operational leadership roles for technology-based companies, Bozzini brings extensive experience in developing the financial foundation and operational processes that are proven to support companies through growth, expansion and ultimately public offering or acquisition. As CFO for Arena Solutions, Bozzini will manage Arena's finance, accounting, human resources, facilities, legal, information technology and professional service functions and oversee the company's financial strategy and planning to facilitate performance and growth.

Arena Solutions ...

In his previous position as CFO at Securimetrics Inc., Bozzini played a major role in the organization's evolution from entrepreneurial start-up to division of a publicly traded industry leader. He helped drive a $71 million government contract and significant revenue growth, and guided the company to successful passage of its first Sarbanes-Oxley and public company audits. Bozzini has also prepared numerous companies to go public, including Evolve Software, where he led the organization through an acquisition and an IPO and then transformed the company's cost structure and financing strategy as market conditions rapidly changed. With other senior financial positions at WildPackets Inc., Xoma Ltd., California Culinary Academy and Hewlett Packard -- companies that range from small start-ups to publicly held multinationals -- Bozzini has demonstrated an ability to propel companies from one stage of growth to the next.

"Ken is a true asset to the company. We are delighted to have someone of his caliber join our management team," said Craig Livingston, chief executive officer of Arena Solutions. "His financial savvy and business acumen complemented by his practical operational experience strengthen our current position and will help advance Arena Solutions toward its long-term growth expectations."

"In my last position, one of my responsibilities was to oversee contract manufacturing. We managed our bill of materials (BOM) in Excel and used faxes and emails to communicate with suppliers. The process was labor-intensive, error-prone and extremely stressful, given the public company pressure of getting our product to market on time. Having been in that role, I immediately recognized the value of an on-demand BOM management solution like Arena. No operations manager should do without it, and it's exciting to join the company at a time when more and more of them are realizing just that," said Bozzini. "I look forward to helping drive company growth and guide Arena into the next phase of company development."

Bozzini holds a master's degree in business administration from the University of California, Berkeley, and he graduated Magna Cum Laude from Golden Gate University with a bachelor's degree in accounting. He earned his CPA while working for PriceWaterhouse.

About Arena Solutions

Arena Solutions is the leading provider of on-demand (SaaS) product lifecycle management solutions for manufacturing companies of all sizes. As the only true on-demand, secure Internet-based PLM service, Arena PLM provides a superior alternative to complicated, lengthy and expensive traditional PLM software deployments. Through its award-winning service, Arena enables product manufacturers and their global supply chains to streamline outsourcing, improve operational efficiencies, collaboration and speed time-to-market. Arena PLM has been adopted by more than 15,000 users across companies at all stages of development, including industry leaders Foundry Networks, Color Kinetics, Intuit, Sierra Wireless, Align Technology and more.

Arena Solutions' market-changing approach to PLM has received significant recognition in the industry, including Manufacturing Business Technology's Top 40 Emerging Vendors, the Supply & Demand Chain Executive 100, Industry Week's "Technology of the Year - Notable Innovators" and Start-IT Magazine's "Hottest" Companies and Top 50 Manufacturing Technologies.

Founded in February 2000, Arena Solutions is headquartered in Foster City, California. For more information, please visit the company's website at www.arenasolutions.com.

Arena PLM is a trademark of Arena Solutions, Inc. Other product and company names are the property of their respective holders.

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     Contact:
     Cindi Goodsell
     Arena Solutions
     cgoodsell@arenasolutions.com
     510.479.9015