March 04, 2008 09:00 ET

Blueprint Appoints Robert J.A. Fraser as Chairman

Former Vice Chairman of MBNA America Bank Brings Valuable Experience to Rapidly Growing Requirements Software Firm

TORONTO--(Marketwire - March 4, 2008) - Blueprint™, the global leader in Requirements Lifecycle Acceleration™ (RLA™) solutions for Business Analysts, today announced the appointment of Robert J.A. Fraser as an independent director and chairman of the board of directors. Former chair Scott Pelton of Blueprint's lead venture capital investor Growthworks will continue to serve on the board.

Before assuming the chairmanship, Mr. Fraser was formerly a Vice Chairman of MBNA America Bank, and previously held many senior executive positions at Hercules Incorporated, a leader in the chemicals industry. Mr. Fraser will remain active in existing board roles including MBNA Canada Bank, Campus Partners, and Easter Seals.

"I am very pleased to join Blueprint at this exciting time in the development of their business," said Mr. Fraser. "Blueprint's solution and positioning is unique and very compelling to Fortune 1000 customers. I am enthusiastic about their prospects in 2008 and beyond, and I am excited to be part of the Blueprint team."

"Bob's great track record, leadership skills, and extensive international and board experience will be valuable to Blueprint as we expand and mature our business over the next few years," said David Nyland, Blueprint's President & CEO. "Bob has tremendous industry knowledge and contacts, and we look forward to working with him as we scale our business to the next level in the US and internationally."

About Blueprint

Blueprint ignited the Requirements Definition revolution in 2004 with the introduction of its landmark Profesy™ solution for Visual Requirements Definition and Validation. Today, Blueprint offers an expanded solution for Business Analysts under the umbrella category entitled Requirements Lifecycle Acceleration™ (RLA). Blueprint's approach enables modern IT organizations to substantially eliminate rework, cost and schedule overrun, ensure application quality, and control business risk. Blueprint is a global solution provider with presence in North America and Europe. For more information on Blueprint or Requirements Lifecycle Acceleration™, visit www.blueprintsys.com.