SOURCE: Mindjet

September 11, 2007 13:05 ET

Mindjet Appoints David Oppenheimer Chief Financial Officer

SAN FRANCISCO, CA--(Marketwire - September 11, 2007) - Mindjet Corporation, the global leader of software for visualizing and using information, today named David Oppenheimer to the position of Chief Financial Officer. A proven executive for over 15 years, Mr. Oppenheimer has held instrumental roles at large multi-billion dollar companies such as AlliedSignal (currently known as Honeywell), United Airlines, and Chevron, and high growth technology companies including Autodesk, Digital Impact, and Hands-On Mobile.

"David has exceptional talent in corporate fiscal management for global companies," said Scott Raskin, CEO of Mindjet. "He brings a portfolio of global operations, several M&A transactions, a successful IPO, Wall Street and investor community relations, and Sarbanes Oxley initiatives as a public company CFO. David's understanding of the world financial markets complements Mindjet's high growth offerings and international culture."

David earned a BS in Mechanical Engineering from University at Buffalo, The State University of New York, and went to work for Chevron as a project engineer. After earning an MBA from the University of California-Berkeley, David joined United Airlines, where he rose to the position of Division Controller for United's global engineering and maintenance operations. After 10 years at United Airlines, he was recruited by AlliedSignal (currently known as Honeywell) where he was the CFO of the Aerospace Services business unit, followed by a stint as the CFO of the Electronic Material business. David then joined the world of software and was recruited by Autodesk in San Rafael as Vice President, Finance where he was responsible for Corporate Controllership, Financial Planning and Analysis, and Business Unit Finance. As the internet started to take off, David was appointed as the CFO of Digital Impact, an internet marketing company, to guide the company through its IPO and a valuation that reached $1.2 billion at its peak. In 2005, David managed Digital Impact's acquisition by Acxiom at a significant price premium. Most recently, David was the CFO of Hands-On Mobile, a mobile content company.

"I'm pleased to be joining Mindjet at a time when the company has accelerated its global growth," said Mr. Oppenheimer. "I see tremendous value in Mindjet's offerings, which are enabling new forms of collaboration and innovation in enterprises of all sizes. I look forward to working with Mindjet's talented executive team as the company reaches new milestones."

About Mindjet

Mindjet makes software that helps people visualize and use information. Its leading product, MindManager software, enables individuals and teams to work smarter, think creatively, and save time every day. There are over 920,000 licenses of MindManager software used globally by 85 of the Fortune 100 companies and more than 50 percent of Global 2000 organizations. Mindjet is headquartered in San Francisco with offices throughout the world and is backed by the leading international venture capital firms Investor Growth Capital, Inc. and 3i. For more information, visit www.mindjet.com

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