Sagent Names Vincent De Gennaro Senior Vice President of Worldwide Sales

Business Wire, Oct 25, 1999

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Oct. 25, 1999--

Appointment Reflects First-Rate Performance Establishing Worldwide

Market Penetration and International Profitability

Sagent Technology, Inc. (NASDAQ: SGNT), a leading solution provider of e-business analytic applications, today announced the appointment of Vincent De Gennaro to the position of senior vice president of worldwide sales. He is responsible for worldwide sales through direct, distributor, reseller and OEM channels as well as the sales operations to support those channels.

De Gennaro has a highly successful track record of leading sales organizations to sell powerful solutions to Global 2000 enterprises. His relationship with Sagent began two years ago with his founding of Sagent UK, acquired by Sagent Technology earlier this year. In this capacity, he has exceeded sales and marketing expectations by securing high profile customers including British Telecom, Johnson & Johnson, Nationwide and British Petroleum.

"Vince has become a tremendous asset to Sagent with his demonstrated expertise in selling and implementing comprehensive solutions to major customers," said Tom Lounibos, executive vice president of worldwide sales operations, Sagent Technology. "He knows and understands customer requirements for solving common business problems through organization and analysis of operational intelligence."

De Gennaro has nearly 15 years experience in the Business Intelligence marketplace and has been in the forefront of delivering Web analytic applications to customers demanding pre-packaged, customized business components in an end-to-end solution. Prior to Sagent, he served as Vice President Europe, Middle East and Africa of Pilot Software, a subsidiary of Dun and Bradstreet and Vice President for Informix Software. He also served as Vice President of Northern European Sales and Business Development at Sybase.

About Sagent Technology

Sagent Technology (NASDAQ: SGNT) is a leading worldwide solution provider of e-business analytic applications and services enabling Global 2000 enterprises to win, retain and grow new customers and improve operational effectiveness. The Sagent Solution is an integrated software suite that allows businesses to collect, analyze and act on customer and operational data from existing systems and third-party data providers.

Sagent was the first company to deliver a web-based analytic application (Sagent Insight for Telecom) to the telecommunications market. Sagent has over 300 market-leading customers across such diverse industries as financial services, healthcare and telecommunications, including JP Morgan, MCI Worldcom (NASDAQNM:WCOM), BellSouth (NYSE:BLS), Barnes & Noble (NYSE:BKS), Cyberian Outpost (outpost.com) (NASDAQ: COOL), and Sony Online Entertainment (NYSE:SNE). The company has numerous strategic relationships including Commerce One (NASDAQ: CMRC), Siebel Systems (NASDAQ: SEBL), Usinternetworking (NASDAQNM:USIX), Microsoft corporation (NASDAQ: MSFT), ADP (NYSE: AUD), Advent (NASDAQ:ADVS), EDS (NYSE:EDS), IBM (NYSE: IBM), and Ralph Kimball Associates. Sagent is headquartered in Mountain View, California, and can be reached at www.sagent.com.

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Sagent is a registered trademark of Sagent Technology, Inc. All other trademarks are the property of their respective owners.