SOA Software Sees Rapid Business Growth and Expands Management Team

Adds Proven Industry Veterans in Sales and Corporate Development

SANTA MONICA, Calif.— December 14, 2005—SOA Software, the leading provider of comprehensive SOA and Web services management, security and governance solutions, today announced that Jeff Drake and Alex Lazar have joined the company as senior vice president of corporate development, and senior vice president of sales respectively.

“As SOA Software continues to grow we are pleased to be able to continue adding proven industry leaders like Drake and Lazar to our executive team,” said Paul Gigg, CEO of SOA Software. “Drake and Lazar both bring exceptional track records of building successful companies.  Their addition to our leadership team helps accelerate our growth and move SOA Software further out of reach of our competitors.”

Drake is an industry veteran with over 20 years of experience in the technology arena, predominately focused on startup companies. Most recently, he was the director of security strategy for IBM Tivoli Software, after its acquisition of Access360, where Drake was the co-founder and executive vice president of corporate development and strategy.  Drake was instrumental in the fundraising, growth and strategy for Access360 prior to the sale of the company to IBM.  Drake co-authored the book “Security Provisioning, Managing in Extended Enterprises” and is a frequent contributor to articles and at speaking engagements.  He has held executive positions at Enterprise Solutions and Quadratron Systems, and has formulated complex strategic alliances with companies such as VeriSign, Oracle and IBM.  Drake is a seasoned executive, focused on corporate development and strategy at SOA Software.

“Service-oriented architecture and Web services represent the next forefront of enterprise computing,” said Jeff Drake, senior vice president of corporate development at SOA Software.  “SOA Software is the clear leader in the space, and I am thrilled to be part of a business that is poised to dominate the fast growing market for SOA infrastructure.”

Lazar has a track record of building sales velocity in early stage companies as well as larger public corporations.  He is responsible for driving all sales efforts and extending SOA Software within the marketplace.  Before joining SOA Software, Lazar held several senior executive sales positions at leading software companies.  He was the security program director at IBM Tivoli, following the sale of Access360, where he served as vice president.  Prior to Access360, Lazar led the sales expansion of software vendor ISOCOR, and continued as vice president after its sale to Critical Path.  In the years before ISOCOR, he built and managed numerous technology sales organizations with companies doing business with Fortune-class customers.  Lazar is a proven leader with both entrepreneurial and operational skills and has a solid understanding of the issues, processes and methodologies required to help companies achieve higher levels of revenue.

“SOA Software has achieved remarkable results in the early stage SOA infrastructure market,” said Alex Lazar, vice president of sales at SOA Software.  “We have a comprehensive solution for large enterprises encompassing SOA for distributed applications, B2B Web services and Legacy applications, making this a truly extraordinary opportunity.”

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