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Qpass Adds Jon Matsuo as SVP, Worldwide Sales; Matsuo to Increase Sales Growth and Global Market Leadership in New Role at Qpass
[June 21, 2005]

Qpass Adds Jon Matsuo as SVP, Worldwide Sales; Matsuo to Increase Sales Growth and Global Market Leadership in New Role at Qpass


SEATTLE --(Business Wire)-- June 21, 2005 -- Qpass(R), whose software powers the marketplace for digital media and services, today announced that Jon Matsuo has been appointed Senior Vice President of Worldwide Sales at Qpass. Matsuo replaces Steve Shivers, who has transitioned to his new role as SVP, Corporate Strategy and Development. In his new role, Matsuo will be responsible for leading global sales efforts as well as developing and managing relationships with Qpass' customers.

"Jon's impressive background and leadership experience will truly be an asset for us," said Chase Franklin, CEO, Qpass. "With his guidance, we will continue to grow our customer base -- to not only be the market leader in digital supply chain management in North America, but in the world."

Matsuo has over 20 years of proven successful senior leadership experience in the technology industry. Some of his former responsibilities include posts as CEO of Fidesic Corporation, President of Concur Technologies (CNQR), General Manager of Delrina Corporation (a public company acquired by Symantec), and Vice President of Marketing for Contact Software International (the makers of ACT!, acquired by Symantec). Matsuo was responsible for helping each of these market-leading companies create and develop large new high-growth businesses. Matsuo also has served on the Board of Directors or Advisory Boards for several technology and service companies including Layer 7 Technologies, and Detto Technologies.


About Qpass

Qpass software powers the marketplace for digital media and services by efficiently managing the entire digital supply chain over any network and any type of device. The Qpass product line includes the Content Delivery Platform, Service Management Platform, Payment Server, and MultiMedia Album. Today this infrastructure supplies a portfolio of services for operators reaching more than 145 million subscribers globally, generating hundreds of millions in revenues. Qpass software works as an overlay to existing business systems including provisioning, billing and CRM, speeding service innovation and providing much greater flexibility for new offers.

Qpass customers include mobile operators Cingular Wireless, T-Mobile International (UK, Germany, Austria, The Netherlands, Croatia and Czech Republic), Nextel, ALLTEL, Vodafone Ireland, and Boost Mobile; as well as leading consumer portals such as Yahoo! (UK and Germany), uboot (www.uboot.com) and SMS.at (www.sms.at). Today more than 300 content providers and aggregators are integrated through Qpass software, providing access to more than 500,000 applications to end-users in the U.S. and Europe. Qpass global headquarters are in Seattle, Wash., with European headquarters in Vienna, Austria. Qpass is privately held. Its investors include Westbury Partners, Venrock Associates, RRE Ventures, SeaPoint Ventures, Granite Global Ventures, and Oak Investment Partners. For more information on the company, visit www.qpass.com.

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