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July 14, 2008

MINCOM ANNOUNCES NEW CEO

Mincom, a leading global software and services provider to asset intensive industries, has appointed Greg Clark as chief executive officer (CEO).

Mincom chairman and partner with Francisco Partners, Brian Ruder, said, “Greg Clark is an outstanding business leader with extensive international experience at global software providers such as E2open and IBM, where he has served some of the world's largest companies and leading brands."

"He has the right expertise to extend Mincom’s lead in the enterprise asset management (EAM) marketplace and to accelerate the global growth of the business. We are delighted to have Greg as the new CEO of Mincom."

Mr. Clark brings to Mincom more than 23 years’ experience in advanced logistics and supply chain management, security, online operations and large enterprise scale applications.

He has been president and chief executive officer of E2open, a leading provider of multi-enterprise on-demand solutions for supply chain, procurement and B2B integration. During his tenure, Mr. Clark has led the company from early start-up into a market leading solutions provider supporting more than 45,000 companies globally.

Before joining E2open, Mr. Clark was an IBM distinguished engineer and vice president at IBM's Tivoli Systems Inc where he was instrumental in defining and selling IBM security and management products.

Prior to IBM he founded the security software firm, Dascom Inc, which was acquired by IBM in 1999. He has previously held senior roles with international IT companies, AT&T UNIX System Laboratories and Stallion Technologies.

"Mincom has been one of the major global EAM software and services companies for many years and continues to be. It has a strong management team and an impressive customer base and the opportunity to build an Australian global brand is exciting. I look forward to leading this dynamic company,” Mr. Clark said.

Mr. Ruder said, "We acquired Mincom strategically and with a vision of building the company into a global force. In the past three years, Mincom has delivered a strong turnaround in performance and with the financial strength and backing of Francisco Partners, the company is well placed to take advantage of market segment strengths.”

“Greg's track record of building market presence and growing global operations, coupled with his expertise in the information technology arena, uniquely qualify him to take the company to the next level."

Mr. Clark takes over from Mr. Richard Mathews, who announced his resignation in October 2007. Mr. Ruder and the Mincom board thank Mr. Mathews for his significant contribution to Mincom over the last three years. Mr. Clark will continue in a transitional role at E2open and remain on the board.

About Mincom

Mincom Limited is an international company based in Brisbane, Australia, with nearly 30 years’ experience in providing business solutions to asset intensive industries such as mining, utilities, transport, defence and government in more than 40 countries. The company has more than 1,250 staff in 18 offices across Australia, North America, South America, South East Asia, Africa, and Europe. For more information about Mincom, visit: www.mincom.com

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