SOURCE: Lumigent Technologies

April 30, 2008 12:50 ET

Lumigent Appoints John H. Capobianco as Chairman and Board Member

Thirty-Year Industry Veteran Brings Demonstrated Marketing and Operations Expertise to Accelerate Company Growth in Governance, Risk and Compliance

ACTON, MA--(Marketwire - April 30, 2008) - Lumigent Technologies, Inc., a recognized leader in safeguarding data and applications for governance, risk and compliance (GRC), today announced the appointment of John H. Capobianco as chairman of the board.

Mr. Capobianco is a successful business executive and technologist with over thirty years of experience in the IT industry. Most recently, he was President and COO of MEDecision, Inc. (MEDE) where he was responsible for MEDecision's overall operations, growth, and profitability. Prior to MEDecision, he served as general manager for Hewlett-Packard's Middleware Division, and executive vice president of strategic planning and chief marketing officer at Bluestone Software, Inc., which was acquired by HP in January 2001.

Previously, Mr. Capobianco built a successful track record of developing brand recognition as head of marketing at SAP America, Sybase and Computer Associates. Earlier in his career, he held a number of technical and business analyst positions including COBOL programmer, real-time CICS assembler programmer, and project control systems designer for the financial and manufacturing industries.

"I am excited to have John join our Board of Directors," said Cliff Pollan, president and CEO of Lumigent. "He has a great deal of relevant experience, which we can immediately leverage to drive growth in the market."

"As an active Chairman, I am helping Lumigent define new markets for GRC application solutions," said Capobianco. "Today, most organizations face a growing array of GRC concerns. With our reputation for having the most powerful and complete product set, as well as a comprehensive network of configuration partners, we can deliver safeguarded application solutions to every business."

John joins a distinguished board at Lumigent, which includes Bill Kaiser of Greylock Partners, Michael J. Skok of Northbridge Venture Partners, John Connolly, president and CEO of M/C Communications, Inc., and Cliff Pollan, president and CEO of Lumigent.

ABOUT LUMIGENT

Lumigent is a recognized leader in solutions for safeguarding data and applications for Governance, Risk mitigation and Compliance (GRC). Lumigent's award-winning technology in combination with close technology and service partnerships offers the most complete GRC capability available today, providing organizations with strong internal controls for application data access needed to pass audits, address regulatory compliance and enhance data security. Through automation of costly manual controls, Lumigent solutions support a sustainable, cost-effective compliance program and assure the integrity of sensitive application infrastructure. Lumigent enables organizations to understand what users can do to sensitive data and validate what they actually did. For further information, please call +1 866.586.4436 or visit www.lumigent.com.

Lumigent, Audit DB and the Lumigent logo are trademarks or registered trademarks of Lumigent Technologies, Inc. Other product and company names are property of their respective owners.

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