Clear Technology Ramps up Business Development with Expansion of International Executive Team

Business Wire, Sept 25, 2007

Former Guidewire Vice President, Tim Crossley, joins Clear to spearhead Global new business effort

DENVER -- Clear Technology, Inc., a global software provider to the insurance and financial services industries, today announced that Tim Crossley has joined the company as Director of Sales, Europe. In his new position, Crossley will spearhead the company's new business development in the international insurance and financial services markets. The appointment of Mr. Crossley is the latest in a series of recent Clear executive and management hires, continued expansion of the leadership team and ongoing investment in the company's growth.

Crossley brings over 20 years of technology experience, including 15 years in business development and sales management positions. Most recently, Mr. Crossley was Vice President and General Manager, United Kingdom and Ireland, with Guidewire Software where he was responsible for establishing Guidewire's European presence. His knowledge of technology, the insurance industry, and international markets, combined with his sales and leadership experience are an ideal fit for his new position with Clear Technology. Earlier in his career, Mr. Crossley held sales executive and management positions at IBM, Oracle, Saba Software, and Tivoli Systems.

"I am pleased to announce Tim's appointment to Clear's executive team," commented Brian Cohen, President and CEO of Clear Technology. "He offers a solid and impressive background in technology and insurance that will serve Clear and our international client family well. We look forward to Tim spearheading our business development efforts globally as we aggressively work to expand our worldwide market presence."

In addition to professional experience, Mr. Crossley is a graduate of Cambridge University, where he earned an MA in Chemical Engineering.

About Clear Technology, Inc.

Clear Technology, a global software provider to the insurance and financial services industries, offers software solutions that streamline employee tasks by automating repetitive manual activities and guiding employee decision-making. The Company's people-driven approach to software development transcends traditional solutions, enforcing consistency from employee to employee and office to office, leading to dramatic reductions in operating costs and significant improvements in productivity for companies in the insurance and financial services industries.

Clear Technology is based in Denver, Colorado, with sales offices throughout the United States and Europe. For more information about Clear and its suite of innovative software solutions, visit http://www.clear-technology.com.