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Technology Stocks : STARBASE (SBAS)- InfoWorld Hot Product Review

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To: Roy F who wrote (1433)12/14/2001 8:33:00 AM
From: Roy F  Read Replies (1) of 1502
 
Industry Executives Join Starbase Board Of Directors

SANTA ANA, Calif.--(BUSINESS WIRE)--Dec. 14, 2001--Starbase Corp. (Nasdaq:SBAS - news), the leading provider of end-to-end collaborative products for both the development and management of content and code for enterprise and e-business applications, today announced the election of Jim Harrer, president and CEO of Web Associates Inc., an Internet Professional Services company and Stan Hirschman, president of CPointe Associates Inc., an executive management and consulting firm, to the Starbase board of directors.

The election was held during a regularly scheduled board meeting Nov. 26, 2001, bringing the membership of the Starbase board of directors to nine.

Starbase's president and CEO William R. Stow III, commented: ``We are honored that these gentlemen have agreed to join our board. Their demonstrated leadership and executive operating skills will be tremendous assets to the company.''

``Jim Harrer is a natural leader and ideally suited to help lead Starbase in the coming years,'' continued Stow. ``Jim brings a keen strategic intellect, strong product vision, operating leadership and a unique set of team-building skills. Stan Hirschman brings an extensive operating background with a strong and successful focus on company market positioning and streamlined company execution.

``Stan's global experience, shareholder focus and proven ability to energize others will be great assets to the company. We welcome the opportunity to benefit from both Jim and Stan's expertise and deep industry experience.''

``I am proud to join an organization such as Starbase whose technology solution has taken a leadership position in the industry,'' stated Harrer. ``Starbase's integrated family of award-winning products, StarTeam, CaliberRM, eXpressroom and CodeWright are prime examples of the forward-thinking development strategy that has helped to advance the company.

``I look forward to working with the exceptional team at Starbase to reinforce a sound product development strategy that continues to deliver solutions spanning the entire development lifecycle.''

Harrer, with more than 15 years of senior management experience, brings with him a long history of successes within the high-tech industry and extensive contacts within the IT community. As president and CEO of Web Associates, Harrer manages a team of professionals working to create high impact Web sites for Fortune 1000 customers such as Apple, Hewlett-Packard, Nextel, Avaya and Corporate Yahoo!.

Harrer founded and built Mustang.com, becoming the leader in the e-mail management market sector.

``Starbase products are uniquely designed to solve the complex development issues facing customers today,'' stated Hirschman.

``Integrated, collaborative tools such as those Starbase delivers have become a strategic and important competitive differentiator for organizations that are succeeding in today's business environment. I look forward to being a part of Starbase's future and contributing to its success.''

Hirschman is president of CPointe Associates, an executive management and consulting firm specializing in solutions for companies with technology-based products. Hirschman is chairman of the board of Bravo Foods International Corp., director of Imaging Diagnostic Systems Inc. and former chairman of Mustang.com.

Prior to establishing CPointe Associates, Hirschman was vice president operations, Software, Etc. Inc., a 396 store retail software chain.

About Starbase

Starbase is the leading provider of end-to-end collaborative products for both the development and management of integrated content and code for enterprise and e-business applications. Collaboration is the simultaneous coordination, management and communication of geographically dispersed contributors of both code and content for enterprise and e-business applications.

With 3,500 Starbase customers worldwide, the company's technology supports the continuous cycle of creating, linking and managing digital assets, which comprise complex e-business applications. Starbase products enable users with differing technical and functional backgrounds to collaborate on the production and management of Web sites and e-business initiatives from multiple locations.

Companies and organizations, including leading corporations such as Chase Bank, Dell Computer, Lucent Technologies, Motorola, Pepsico and Seagate Technology have selected Starbase products to manage their e-business development projects.

Deloitte & Touche named Starbase to the prestigious ``2001 Orange County/San Diego Technology Fast 50'' program, a ranking of the 50 fastest growing technology companies in the area. Starbase has headquarters at 4 Hutton Centre Drive, Suite 900, Santa Ana, Calif. 92707. Telephone: 714/445-4400. Fax: 714/445-4404. Visit Starbase's Web site at www.starbase.com.

Forward-Looking Statements

When used in the preceding discussion, the words ``believes,'' ``expects,'' or ``intend to'' and similar conditional expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, (i) conditions in the general economy or the software industry, (ii) the timely development and market acceptance of products and technologies, (iii) competitive factors, (iv) demand for team productivity software products, (v) sell-through of products in the sales channel, and (vi) other risks described in Starbase Corp.'s SEC reports and filings.

Note to Editors: Starbase and its product names are trademarks of Starbase Corp. All other product and company names herein are trademarks of their respective owners.

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Contact:

Starbase Corp., Santa Ana
Martha Ray (public relations), 714/445-4531
Martha.Ray@starbase.com
or
Nick Kavadellas, 714/445-4440
Nick.Kavadellas@starbase.com
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