Revenue Technologies Names Mark Nation Senior Director of Product Management


ATLANTA, June 17, 2004 (PRIMEZONE) -- Revenue Technologies, the leader in Revenue and Price Management software, today announced that Mark S. Nation has joined the company as Senior Director of Product Management.

Mark brings to Revenue Technologies a decade of technology experience in areas such as customer and employee relationship management, corporate portals and enterprise analytics. Before joining Revenue Technologies, Mark held a variety of management positions with Siebel Systems, the world's leading provider of customer relationship management (CRM) solutions. While at Siebel, Mark led product management activities for Siebel's Employee Relationship Management (ERM) suite which during his tenure was recognized as Siebel's fastest-growing product line and named Siebel's Product Line of the Year.

Prior to Siebel, Mark managed marketing and business development at Thinq Learning Solutions. He also led mergers & acquisitions business integration at UnumProvident Corporation, the world's leading disability insurance provider. In addition to his technology background, Mark co-founded and managed companies in the construction and entertainment industries. Mark holds a bachelor's degree in Business Administration from The University of Tennessee -- Chattanooga, summa cum laude, and an MBA from Harvard Business School.

"Revenue Technologies has a strong track record for helping companies maximize profitability by ensuring that the right price is delivered to the right customer at the right time," said Nation. "The tangible ROI generated using the MarketPrice(tm) product suite is tremendously compelling. I am excited to see demand for our products increasing, and I look forward to helping our customers achieve significant revenue and profitability improvements."

"Mark knows what it takes to develop and market innovative enterprise software products to global companies," said Ron Farmer, Chief Executive Officer of Revenue Technologies. "His experience in building rapidly-growing businesses as well as his commitment to customer satisfaction will help to advance our leadership position in Revenue and Price Management solutions. Mark is an excellent addition to the Revenue Technologies management team."

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