MarineCFO Inc.

MarineCFO Inc.

June 12, 2008 07:00 ET

MarineCFO Extends Management Team

Edward DeVillier as VP - North American Sales & Richard Dishman as VP - Operations

NEW ORLEANS, LOUISIANA--(Marketwire - June 12, 2008) - MarineCFO Inc., the leading provider of On-Vessel, Marine Operations, Personnel, Fleet Maintenance and Financial Management Solutions to the Marine Transportation Industry, announced today that Richard Dishman has joined the company as Vice President - Operations and Edward DeVillier has joined the company as Vice President - North American Sales.

"I am pleased to have Edward & Richard join our team at MarineCFO," says Joe Galatas, President of MarineCFO. "Both bring with them a wealth of experience in technology, operations, client services, and sales to round out our world class organization".

Mr. Dishman comes to MarineCFO with an impressive career of executive positions spanning client services, operations and technology. He believes in a pragmatic "client-services-first" organization combined with technology solutions that specifically address customer needs.

"I am pleased to join MarineCFO as Vice President of Operations", says Richard Dishman. "Having been involved in both the technology and the marine industries, I look forward to working with the MarineCFO clients to address the specific needs of marine organizations."

Mr. DeVillier's track record showcases the benefits of working with customers and implementing solutions that solve real-world problems. His career is impressive, holding senior positions that serviced the needs of companies ranging from the very small to the Fortune 500. Mr. DeVillier focuses on a "solution" sales approach.

"This is a unique opportunity to join a growing organization that serves an important industry", said DeVillier. "I look forward to working with marine companies to find new ways to use software technology to benefit marine operations."

About MarineCFO, Inc.

MarineCFO is the leading provider of On-Vessel, Marine Operations, Personnel, Fleet Maintenance and Financial Management Solutions to the Marine Transportation Industry. MarineCFO solutions are scalable from the largest industry players to small family-run companies. MarineCFO provides MarineCFO Enterprise, a comprehensive behind the fire-wall solution, and MarineCFO Live!, an on-demand web-based solution.

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