HandySoft Adds Former Navy Admiral and Coca-Cola Director Bill Maguire to Leadership Team

Business Wire, August 20, 2007

Maguire Tapped as Chief Operating Officer for Innovative BPM Solutions Provider

VIENNA, Va. -- HandySoft Global Corp., a leading provider of business process management (BPM) solutions, today announced that U.S. Navy veteran and former Coca-Cola executive Bill Maguire has joined the company as chief operating officer. As COO, Maguire will be responsible for worldwide sales, marketing, product management, R&D and professional services for HandySoft's expansive offering of BPM solutions including BizFlow([R]) and OfficeEngine(TM).

With more than 40 federal agencies as customers, HandySoft is the dominant BPM solutions provider to the U.S. government. The company is also growing quickly in select commercial verticals, where its innovative new solutions are solving specific business process-related problems.

"Through his impressive Navy career and more recently as a director at Coca-Cola, Bill has developed a deep understanding of both government and private sector needs," said Jae Ahn, chief executive officer and chairman of the board, HandySoft Global Corp. "HandySoft and our customers will benefit immensely from Bill's extensive management experience and leadership."

Maguire retired from the U.S. Navy as a Rear Admiral, where he headed the Navy Exchange Service Command. In this capacity, he led a 16,000 person organization with $2.5 billion in sales. During his tenure, Maguire achieved record sales with all retail outlets surpassing $2 billion for the first time, increased ship store sales by 29 percent, and laid the foundation for the rollout of a retail ERP system.

Most recently, Maguire served as regional logistics director for Coca-Cola Company where he oversaw customer service, transportation and warehousing for the Southern region, from Florida to Texas. In this role, he led a team of 30 customer service and logistics experts and was responsible for a $150 million budget.

"I am thrilled to join HandySoft at such an exciting time for the company," said Maguire. "With a strong product and an impressive customer base, HandySoft is well positioned to excel in the rapidly growing Business Process Management market. I look forward to working with HandySoft's executive team to chart the course for the company's continued progress."

About HandySoft Global Corp.

HandySoft Global Corporation is a leading global provider of Business Process Management (BPM) solutions. By unifying people, processes and information, HandySoft's products drive breakthrough individual and organizational performance. HandySoft takes a unique approach to BPM by providing a framework for both structured and dynamic work. HandySoft's offering includes the award-winning BizFlow[R] platform and OfficeEngine[TM], the industry's first solution to combine the power of traditional BPM with the flexibility of e-mail. For more information call 1-703-442-5600, email info@handysoft.com or visit http://www.handysoft.com.

HandySoft, the HandySoft logo, OfficeEngine, BizFlow and BizFlow Accelerator Suites are trademarks of HandySoft Global Corp. All other trademarks are the property of their respective owners.