Revenue Technologies Names Jim Peck, Vice President of Sales, Western Region


ATLANTA, June 15, 2004 (PRIMEZONE) -- Revenue Technologies, the leader in Revenue and Price Management software, today announced that Jim Peck has joined the company as Vice President of Sales, Western Region. Jim brings to Revenue Technologies over 20 years of enterprise software sales experience in areas such as pricing management solutions, supply chain and customer relationship management applications.

Prior to Revenue Technologies, Jim held executive sales responsibilities at several early stage software companies. He also served as Vice President of High Tech Industry Sales for i2 Technologies, a leader in supply chain management solutions. Under Jim's direction, High Tech division revenues grew from $5 million to over $80 million in a three-year period. Prior to i2, Jim was Vice President of Worldwide Sales for Saratoga Systems, a leader in customer relationship management (CRM) software. While at Saratoga Systems, he succeeded in establishing a worldwide sales force and doubling license revenues. Jim spent his early career at Amdahl Corporation. Jim holds a bachelor's degree in Business Administration from the University of Texas.

"Revenue Technologies offers a complete Revenue and Price Management solution that allows companies to achieve significant profitability improvements," said Peck. "Having previously worked for a firm who offered only part of a price management solution, I recognize the critical importance of delivering a truly closed-loop, integrated product suite. I am excited to join the industry leader, and I look forward to being part of a strong organization and to building an exceptional sales team."

"Jim brings a great deal of price management experience to our management team," said Ron Farmer, Chief Executive Officer of Revenue Technologies. "In addition, he has a proven track record for building sales teams and driving license revenue growth in both large and small software organizations. We're very pleased to welcome him to the company and look forward to his leadership and contributions."

About Revenue Technologies

Revenue Technologies, the leading provider of Revenue and Price Management solutions, helps businesses significantly improve profitability through more effective price management. By utilizing leading edge pricing capabilities inside the MarketPrice(tm) suite, companies such as UPS, AMD, Motorola, Royster-Clark, and ArvinMeritor have maximized revenue and margins by effectively analyzing, planning, controlling and measuring pricing . . . continuously. Headquartered in Atlanta, Georgia, Revenue Technologies is a privately held company. Investors include Adams Capital Management, Cordova Ventures, and Imlay Investments.

For more information, contact the company toll free at 800.551.0700 or visit www.revenuetech.com