StarCite Names Gregory J. Dukat as Chief Executive Officer

Business Wire,  July 16, 2008  

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Seasoned Technology Executive Brings Growth Company Experience and Strong Software Background to Meeting Management Technology Leader

PHILADELPHIA -- StarCite, Inc., the leading provider of Web-based solutions that help companies strategically manage corporate meetings and events, today announced that Gregory J. Dukat was appointed as its Chief Executive Officer, effective July 15, 2008. Mr. Dukat brings to StarCite a solid background of leadership positions managing fast growth technology companies.

Prior to joining StarCite, Mr. Dukat served as President and CEO of Ventyx, Inc., a leading provider of service delivery management solutions for energy, utility, and other asset-intensive organizations (previously Indus International, Inc.). Under his leadership, Ventyx's market capitalization increased five-fold in four years while revenues more than doubled. Mr. Dukat led the sale of the company in early 2007 for $250 million.

"Greg is a proven leader who has demonstrated the vision, skills and passion to build businesses and accelerate growth," said Doug Alexander, managing director at Internet Capital Group and a member of StarCite's board of directors. "The Board believes Greg's unique blend of operational, sales and marketing leadership skills will further drive the value inherent in this leading on-demand business."

"Meetings and events is a spend category that is largely untouched by all but best-in-class corporations. In today's economy, it is imperative that more companies realize the significant savings that can be achieved by using technology to get this huge area of spend under control," said Mr. Dukat. "I am thrilled to join StarCite at this exciting stage in the company's development and am excited about the future as the momentum for on-demand meeting management solutions continues to accelerate."

Prior to serving as CEO of Ventyx, Mr. Dukat was CEO for 180Commerce Inc., a provider of reverse supply chain software to help companies more effectively manage and track returns. Previously, Mr. Dukat was Vice President and General Manager for the Southern region at J.D. Edwards World Solutions Company (later acquired by PeopleSoft), a manufacturer of enterprise and supply chain software. Mr. Dukat holds a bachelor's of science degree in business administration from the State University of New York at Buffalo.

About StarCite, Inc.

StarCite, Inc. provides a technology platform that makes meeting and event planning, booking and management simpler and more cost-effective for corporations, hotels, venues and meeting suppliers worldwide. StarCite's solutions deliver visibility, cost savings, and control over meeting spending for businesses and enhanced revenue opportunities for suppliers. Through Web-based, on-demand technology, StarCite automates and supports every key element of the meeting planning and procurement process: planning, budgeting, buying, attendance, payment, and results measurement. Using StarCite's proprietary online marketplace, meeting buyers can connect and conduct business with over 93,000 hotels, venues, destinations and suppliers globally. StarCite is based in Philadelphia, PA. Its equity holders include Internet Capital Group (NASDAQ: ICGE), TPG Ventures, Norwest Venture Partners (NVP), and TL Ventures. For more information about StarCite please visit www.starcite.com.

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