Estorian Announces New Leadership Team

Executive Changes Represent First Step in Repositioning Company for Accelerated Growth

BELLEVUE, Wash. — Estorian, Inc., a leading provider of software solutions for e-discovery archiving and compliance, announced today the appointment of a new executive leadership team to help guide and reposition the company for future growth. Kevin Riegelsberger has been named President and Chief Executive Officer, and David A. Weber will serve as Vice President of Marketing. Company co-founder Ron Higgins continues in his position as Chief Technology Officer.

Riegelsberger previously served as CEO of CapitalStream, an integrated software platform provider for commercial banks and finance companies. During his tenure at CapitalStream, Riegelsberger grew the company more than six-fold through operational excellence and strategic M&A transactions. In early 2008, the company was successfully sold to HCL Technologies, a leading global IT services company based in India. Riegelsberger continued to serve HCL as Senior Vice President, Financial Services and led HCL’s Product Business Group. Prior to CapitalStream, Riegelsberger founded one of the industry’s leading financial and ERP software application providers, Platinum Software Corp. (now Epicor). In his 15 years at Platinum the company grew from a seven-person start-up to a publicly-traded company with nearly $300 million in revenue.

Brian Tracey, Estorian co-founder and board member, reinforced the strategic fit that Riegelsberger brings to the company, "I couldn't be more pleased with the appointment of Kevin Riegelsberger as CEO. The board and I believe Kevin is the ideal person to take Estorian forward. It is evident from his previous accomplishments that he can lead a software company to success, and I am confident that under his leadership our customers, employees and flagship product – LookingGlass^® – will prosper and grow."

Most recently David A. Weber served as Vice President of Marketing for Applied Discovery, a LexisNexis company and leader in electronic discovery solutions. In this role, Weber managed the product portfolio and go-to-market strategies with a special focus on delivering exceptional client experience, continuous innovation, and highly relevant marketing. Weber’s efforts contributed to Applied Discovery being ranked a top-five e-discovery services provider four years running. Weber also served as Vice President of Products at ADERANT, a leading supplier of business and financial software for legal firms. In previous roles Weber developed worldwide marketing and product strategies for technology companies serving a wide variety of businesses and industries. Weber started his career at Arthur Andersen & Company in business systems consulting.

Estorian CEO Kevin Riegelsberger stated, “I have worked with David in the past at Epicor and have immense confidence in his ability to direct Estorian’s product and marketing strategy. His deep experience in the e-discovery and electronic content management, coupled with his 20+ years managing enterprise software product lines makes him an ideal fit to lead the marketing efforts at Estorian.” Riegelsberger added, “Building on our strong technology, solid client base and rapidly-growing market opportunity I believe our strengthened leadership team has the skills and experience to successfully guide Estorian to its full potential.”

About Estorian, Inc.

Estorian, Inc. provides enterprise and hosted software for public, private and government operations. Servicing Fortune 500 and mid-market clients, Estorian is redefining business intelligence derived from electronically stored information. Estorian’s LookingGlass^® solution for e-discovery archiving and compliance addresses the regulatory needs of all organizations, especially those in highly-regulated industries such as Financial Services, Healthcare, Insurance, Pharmaceuticals, Energy, Government and Legal Services. The company’s TeraCloud^® division offers storage optimization solutions for mainframes. For more information visit http://www.estorian.com.

Estorian^® and LookingGlass^® are registered trademarks of Estorian, Inc. TeraCloud^® is a registered trademark of TeraCloud, Inc.