Nakisa Inc.

Nakisa Inc.

May 19, 2008 09:00 ET

Nakisa Names Hanif Ismail, ex-SAP and Oracle Executive, as Chief Strategy Officer

Brings more than 15 years of global IT experience to Nakisa

BERLIN, GERMANY--(Marketwire - May 19, 2008) - Nakisa® Inc. ("Nakisa"), the leading provider of enterprise organization and talent management solutions, today announced at SAPPHIRE 2008 that Hanif Ismail joined Nakisa as Chief Strategy Officer. Hanif comes to Nakisa with more than 15 years experience as an executive in leading global enterprise software companies as well as managing global information technology departments for Fortune 100 companies.

"Hanif's excellent track record and wealth of enterprise software experience will be a major asset for Nakisa to leverage as we continue to grow our business," said Babak Varjavandi, President and CEO of Nakisa Inc. "His addition to the Nakisa executive team will help position us to scale globally and drive innovation."

Hanif most recently served as Vice-President, ERP Business Development in the Solution Management group at SAP Labs. He was responsible for driving revenue growth and innovation through acquisition and high-growth partnerships for Human Capital Management, Financials and Operations product lines. Prior to SAP, he held senior-level positions at Oracle and PeopleSoft, driving Human Capital Management product strategy.

In his new role, Hanif will be responsible for driving Nakisa's growth and expansion initiatives, supporting strategic partnerships and product innovation. His extensive background in the enterprise software industry combined with his experience in managing global human resources information technology departments for Ford Motor Company and Swiss Bank Corporation allows him to bring a unique sense of practicality in the delivery of Nakisa's solutions to the market. Hanif will be based in Nakisa's new office in San Francisco.

"I am very excited to join Nakisa and look forward to extending our leadership position in the enterprise visualization market," said Hanif. "Nakisa's unique position presents us with tremendous growth opportunities and the ability to deliver innovative solutions to the marketplace."

About Nakisa Inc.

Nakisa's goal is to help organizations make strategic decisions about how to better manage their global talent and optimize workforce performance. We empower organizations with a 360-degree view into their human capital data, giving them the critical insight they need into their talent and organizations to support overall corporate objectives.

Nakisa's 100% Web-based enterprise solutions are fully interoperable with the major Enterprise Resource Planning (ERP) platforms on the market and provide a single point of access to critical HR data for succession planning, organization charting and workforce modeling. The only Talent and Organization Management vendor fully certified by Microsoft, Oracle and SAP, Nakisa offers proven solutions that have been deployed to millions of users globally. Customers benefiting from Nakisa's solutions include Coca-Cola, Motorola, Michelin, Airbus, RBC Financial Services, Wrigley, Carrefour, StatoilHydro, Genentech and Alstom. For more information, visit: www.nakisa.com.

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