July 2, 2002

Former NASDAQ Head Joins Metastorm Board of Directors

Severna Park, Md., – J. Patrick Campbell, former president of NASDAQ U.S. Markets and a decorated Gulf War veteran, is the newest member of the board of privately held Metastorm. Campbell will help guide the company as it continues to grow as a leading supplier of Business Process Management (BPM) software.

While at NASDAQ, the customary stock exchange for technology companies, Campbell was an influence that helped it become the world’s largest stock market and presided over several momentous events: institution of a new management team focused on integrity and regulation following an unfavorable SEC inquiry; eliminating the perception of a conflict of interest through the separation from founder and parent the National Association of Securities Dealers; creation of new products and better access to information for investors that resulted in greater visibility and profitability.

Campbell’s other credentials include serving as NASDAQ’s COO, executive vice president and board member. He also oversaw equity trading, research and portfolio management as senior executive vice president of The Ohio Company. As a US Air Force Command Pilot, Campbell ran flight operations and flew multiple missions in KC-135 refueling tankers during the Gulf War for which he received a Bronze Star and two air medals.

“One look at Pat’s background shows that he has unsurpassed business acumen, especially when it comes to fast-growing technology companies," says Avi Hoffer, Metastorm’s chairman and CEO. "He is a hands-on executive who certainly will help us achieve the aggressive goals we’ve set.”

Campbell joins other high-profile individuals on Metastorm’s board:

  • Harry Copperman, who helped lead America Online to its successful initial public offering and was a key figure in returning Digital Equipment Corporation to profitability prior to its sale to Compaq Computer.

  • John H. Dalton, president of IPG Photonics, a fiber optics company. Dalton was a high-ranking official during the Carter, Reagan and Clinton
    administrations, serving as chairman of the Federal Home Loan Bank Board under Presidents Carter and Reagan, and Secretary of the Navy from 1993-98 under President Clinton. Dalton began his career with financial service firms including Goldman, Sachs & Company.

  • J. Carter Beese, Jr., president of Riggs Capital Partners, a $100 million venture capital fund. Other highlights of his career are vice chairman of Global Banking Group at Bankers Trust, chairman of Alex. Brown International, director of the Overseas Private Investment Corporation, and Commissioner of the SEC (the last two being presidential appointments).

  • Lawrence Handen, general partner with UBS Capital Americas, a venture capital and private equity fund with $2.5 billion under management. Prior to joining UBS Capital, Mr. Handen was a partner at PricewaterhouseCoopers.

  • Michael Marocco, managing director of Sandler Capital Management, a firm with approximately $2.0 billion under management. Prior to joining SCM, Marocco was a vice president with Morgan Stanley & Co.


About Metastorm
As the first breakaway BPM vendor, Metastorm is a leader in business process management (BPM) software and best practice methodologies for modeling, automating, integrating, and improving both human and system-based processes. Metastorm delivers a complete solution for roundtrip process improvement, focusing on the complex processes that are unique to organizations. Metastorm’s 1200+ global client base in manufacturing, retail, financial services, business services, healthcare and government are achieving rapid ROI and Enterprise Process Advantage® in customer service, supply chain operations, risk management, and internal operations. For more information visit www.metastorm.com.

Gina Karr
Corporate Communications Manager

Metastorm, Inc.
Powering Enterprise Process Advantage®

8825 Stanford Blvd.
Suite 200
Columbia, MD 21045
Voice: +1 (410) 290-0101 ext. 155