Exari Names Bill Hewitt Chief Executive Officer

Experienced technology executive to manage company’s explosive growth and strengthen Exari’s position as leading cloud-based Contract Lifecycle Management Provider

BOSTON, MA – January 26, 2015Exari, a leader in contract lifecycle management today announced it has named Bill Hewitt as Chief Executive Officer. Hewitt will be responsible for providing the vision, strategy and operational execution to continue the company’s market-leading growth.

With more than 20 years of leadership experience in the technology sector, Hewitt has held executive positions with market-leading companies where he designed and executed growth strategies. Most recently, Hewitt worked with a variety of technology companies, from start-ups to late stage private-equity backed firms as CEO of Vorago Advisors. Prior to that, Hewitt was President and CEO of Kalido, Inc., backed by Matrix Partners and Atlas Venture, which was acquired by an Austin Ventures backed firm. He has also held senior management, marketing and sales roles at PeopleSoft, Hyperion and IBM, among others.

“Bill brings a wealth of expertise to Exari and has a proven track record of growing companies”, said Ed Mullen, Chairman of Exari. “ His experience coupled with Exari’s market leadership is a winning formula for our shareholders, customers and employees. We’re thrilled to have Bill on the Exari team.”

“Every company in the world depends on contracts as the backbone of their business” said Hewitt. “Demand for cloud-based contract management capabilities is booming. Our leadership position in this market makes Exari the perfect choice for companies looking to minimize risk and maximize revenues based on better contract management. I’m very pleased to join the team during this exciting phase of the company’s growth.”

For more information on how Exari Contract Management software is helping business users and legal professionals improve the contract management process, visit www.exari.com.

About Exari

Exari (http://www.exari.com) is the global leader in cloud-based Contract Lifecycle Management solutions. Used worldwide by legal, sales, insurance, investment banking, and government professionals, Exari solutions improve visibility into contract data and reduce costs, cycle time and risk. Exari helps thousands of users to manage millions of contracts worldwide.

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