Ultimus Announces the Appointment of Christopher Heivly as Executive Vice President

Business Wire, Sept 24, 2007

Dynamic Business Leader in Corporate and Start-Up Environments Tapped to Implement Strategy and Lead Next Phase of Growth

CARY, N.C. -- Ultimus, the #1 provider of Business Process Management (BPM) and workflow software and solutions, with more than 1,600 customers worldwide, today announced the appointment of Christopher Heivly as Executive Vice President, effective immediately. In this newly created position, Mr. Heivly will be responsible for the strategic direction of North American Sales, Professional Services and Training, as well as Global Marketing, Product Management, and Support for Ultimus.

Mr. Heivly is an accomplished executive in the information technology sector with proven experience in marketing, sales, business development, investment finance and operations. His 25 year career spans a broad range of executive positions in the public sector, large enterprises and entrepreneurial groups. He has operated at the highest levels, formulating company strategies and launching new business units.

"From previous engagements, Chris understands our business and has a proven track record of leading organizations and driving growth strategies," said Richard Davis, Chief Executive Officer of Ultimus. "His unique blend of BPM expertise, business acumen and entrepreneurial spirit reflects the natural progression of our executive team as we expand to support our future growth."

"Ultimus is the right company with the right product at the right time," said Mr. Heivly. "Organizations of all sizes, across multiple industries, are recognizing the critical need for human-centric business process management. Ultimus is a well-established BPM leader, and is unique in offering customers the flexibility and power of Adaptive BPM."

Before joining Ultimus, Mr. Heivly spent three years as chairman, CEO, and president of Agular Systems, an early-stage document management software and services company. Under his leadership, Agular re-launched and tripled its revenues and established key partnerships in two fast-growth market areas. He also re-aligned corporate strategy, sharpened the company's sales focus, and launched a new product platform that yielded 25% decreases in solutions implementation time.

Prior to Agular, Mr Heivly served as Senior Vice President of Rand McNally Company and President of randmcnally.com, a wholly-owned subsidiary. Operating as a change agent for this 120-year-old firm, Mr. Heivly placed Rand McNally firmly in the 21st century with an updated and dynamic print and digital vision.

He joined randmcnally.com in 1999 from Andersen Consulting (Accenture), where he was the global director of new media, responsible for managing the company's global new media marketing initiatives including the Andersen Consulting Web site. He also served as Vice President and General Manager of 77 Capital Corporation, a venture capital subsidiary managing more than $75 million in invested assets. Mr. Heivly was also one of the founders of MapQuest serving multiple roles including a board member prior to its acquisition.

About Ultimus

Ultimus is the leader in Adaptive Business Process Management (BPM). Long recognized as an industry pioneer, Ultimus has automated more processes than any other BPM vendor worldwide. The company's award-winning technology adapts to people, systems and change; is available in 16 languages; and is deployed by more than 1,600 customers around the world. Headquartered in Cary, NC, Ultimus has offices in North America, Latin America, Europe, Asia, the Middle East and Australia, with market presence in more than 80 countries. For more information, visit www.ultimus.com.