Five9 Names Former Siebel Executive VP of Worldwide Sales; Experienced Sales Executive Brings Extensive Management and Industry Experience to Provider of Hosted Contact Center Solutions

Business Wire, Sept 27, 2004

PLEASANTON, Calif. -- Five9, Inc., the leading provider of hosted contact center solutions, today announced the appointment of Lisa M. Navarette as Vice President of Worldwide Sales, reporting to President and CEO Brian Silverman.

In this newly created position, Navarette will oversee the domestic and international sales teams and drive sales strategy and revenue growth for Five9. In addition to managing sales, Navarette will lead the company's international expansion efforts. The search for this position was conducted by Taylor Winfield, Inc.

"Lisa brings an extensive background in sales and marketing of contact center systems to Five9," said Brian Silverman, president and CEO of Five9. "She has strong experience with international contact centers and a proven track record of growing the businesses and divisions she's led. Lisa's unmatched understanding of the potential of Five9's Virtual Contact Center solution and the strong drivers in this market make her an excellent fit for this company and this role."

Most recently, Navarette was responsible for setting up Siebel Systems' CRM OnDemand hosted solution offering throughout Europe and held the position of Executive Director, OnDemand Alliances and Channel Sales. In that role, she was responsible for driving sales and developing major partner accounts and sold the first major customer across Siebel for CRM OnDemand which remains one of the company's most referenceable accounts. Prior to this, Navarette managed Siebel's global strategic call center partners where she built a partnership with the leading provider of business communications software, and helped it quickly grow to become Siebel's first successful, viable worldwide call center partner. In her first position with Siebel, Navarette managed the sales of Siebel's enterprise call center application and was responsible for growing it into a $30 million business in the first year. Navarette's additional experience includes holding the position of Vice President of Western N.A. and Asia Pacific regions with Extricity Software, the leading provider of business-to-business integration software, where she drove sales in those regions and sold the first deal for the company to the world's largest semiconductor manufacturing company, which became a pivotal account for driving sales of the product. She has also held executive and senior-level sales positions at Hyperion Solutions and Lexis/Nexis, among others. Navarette began her career as a senior financial analyst at the Federal Reserve Bank in San Francisco.

"The opportunities for Five9 in the US and internationally are infinite," said Navarette. "The contact center space is rapidly evolving, and being a part of a company with this kind of focus and potential for growth and partnerships is extremely exciting."

About Five9, Inc.

Five9 is the leading provider of hosted VoIP contact center solutions for customer interaction management. The Five9 VoIP Virtual Contact Center(TM) targets small- to medium-sized call centers and companies that provide outsourced call center services to organizations of various sizes. The Five9 VoIP Virtual Contact Center offers a comprehensive suite of applications including Automatic Call Distribution (ACD), Predictive Dialer, Customer Relationship Management (CRM), Interactive Voice Response (IVR), Computer Telephony (CTI), Skills-based Routing, Recording, Monitoring, Billing and Centralized Management and Administration. For more information, visit www.five9.com.