SOURCE: Remedy Interactive, Inc.

March 12, 2007 08:00 ET

Remedy Interactive Adds CFO and CKO to Management Team

Supports Growing Market Demand for Injury Prevention for Enterprise Companies, Recognizes Value of Human Capital

SAUSALITO, CA -- (MARKET WIRE) -- March 12, 2007 -- Remedy Interactive, Inc., a leading provider of enterprise solutions that help Global 1000 companies reduce their workers' compensation costs, announced today that it expanded its senior management team. The company added Tom Burke as its Chief Financial Officer, and promoted Co-founder Brett Weiss to the role of Chief Knowledge Officer, among other staff changes. With 30 of the world's largest enterprises as customers, these management team enhancements place Remedy Interactive on a faster growth track to address injury prevention for more enterprise companies worldwide.

"By adding these critical management roles to our team, we can better serve customers and take on more strategic initiatives to help corporations reduce their workers' compensation costs," said Kim Lopez, CEO of Remedy Interactive. "On a larger scale, we are putting Remedy Interactive in a better leadership position to drive the adoption of technology processes to address injury prevention worldwide."

Since Remedy Interactive's launch five years ago, market trends have shown a tremendous increase in demand for technologies that reduce enterprise risk and workers' compensation costs. To address these issues effectively and scale to their customers' needs, Remedy Interactive chose senior management team members with global company experience in product development sales, operations, finance, marketing and customer support. In addition to adding Burke, the company welcomed Irene White as its Senior Marketing Director. Remedy Interactive also promoted Nancy Freedell from Customer Support Manager to Director of Customer Support.

In their new roles, Burke will manage company finances. Weiss will drive Remedy Interactive's market needs, and ensure the company provides the most value for its customers and partners. White will provide overall direction in strategic marketing and communications, and Freedell will manage all customer implementations, renewal and satisfaction programs to provide the best possible care to Remedy Interactive's growing enterprise customer base.

About Tom Burke

Prior to joining Remedy Interactive, Tom Burke was co-founder and chairman of Calimetrics, Inc., an intellectual property company in the consumer entertainment industry, which was acquired by LSI Logic Corp. In a decade of work with the company, Burke served as the first CEO and then as CFO and VP of strategic business development. Prior to Calimetrics, he was an engagement manager in the high-technology practice of McKinsey & Company, and previously he was a product-marketing manager at Apple Computer. Burke received a BA in economics and history from Yale University and an MBA from Harvard Business School.

About Irene White

Irene V. White joins Remedy Interactive after serving as a senior director of marketing in Cushman & Wakefield's Client Services division, where she led teams in developing marketing approaches and business development strategies for high level corporate clients. White also worked as a Director of Integrated Strategy for Ameritech/SBC. She received a BFA from the School of the Art Institute of Chicago, and is pursuing an executive scholar program in sales and marketing from Kellogg Northwestern.

ABOUT REMEDY INTERACTIVE

Remedy Interactive, headquartered in Sausalito, CA, delivers the most comprehensive suite of software solutions to help companies prevent workplace injuries and reduce workers' compensation costs. Now available in 14 languages worldwide, Remedy Interactive's OES is the only solution to produce quantifiable cost savings for Global 1000 companies. Clients include Hewlett-Packard, Chevron, Northrop Grumman, Health Net, and VISA. More information on Remedy Interactive's industry-leading solutions can be found at www.remedyinteractive.com.

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