Telcontar Appoints J. Kim Fennell President and CEO; Fennell to Step in for Retiring CEO, Eric Carlson

Telcontar Appoints J. Kim Fennell President and CEO; Fennell to Step in for Retiring CEO, Eric Carlson

Business Editors/High-Tech Writers

SAN JOSE, Calif.–(BUSINESS WIRE)–May 26, 2004

Telcontar, a leading supplier of software and related services for Location-Based Services (LBS), today announced the appointment of J. Kim Fennell as President and CEO. Mr. Fennell brings over 25 years of experience in high-technology management from the telecommunications and computer industries and will lead Telcontar forward with its LBS initiatives in the wireless, Internet and telematics industry sectors. Mr. Fennell replaces Eric Carlson, who is retiring, but will remain as an advisor through June 30, 2004.

Said Mr. Carlson, “Kim is a perfect fit to lead the Telcontar team. His background in mission critical software and telecommunications technology, plus his sales, marketing, and international experience will be invaluable for our customers and our company. I know that Kim will continue to move Telcontar forward as the leading application provider for LBS.”

Fennell commented, “Telcontar has already proven itself to have the industry’s most advanced and powerful spatial software platform for the enterprise, wireless and telematics industries and I think we’re exceptionally well positioned now that the LBS market is beginning to take off. I’m very excited about the potential to bring many new applications to consumers and businesses that leverage the strengths of this technology in concert with our growing list of partners.”

Previously President and CEO of Pinnacle Systems, Inc.(Nasdaq:PCLE), Mr. Fennell led the company to record financial growth and widened its market reach through several strategic acquisitions. Mr. Fennell also served as CEO for Storageway, Inc., a VC-funded data storage service provider. He was a corporate Vice President at Avaya and Lucent where he was responsible for the $2 billion Communications Applications Group which included messaging (formerly Octel) and CRM solutions. Fennell spent 11 years as an executive at Octel, starting in 1986, where he established and led subsidiary operations in Canada and Europe/Middle East/Africa, and later ran all international operations up through Octel’s acquisition by Lucent in 1997. He previously held marketing and sales management positions with ROLM and Burroughs. He is a graduate of Queen’s University at Kingston, Ontario, Canada.

About Telcontar

Telcontar is the premier supplier of spatial software platforms and services for LBS. Telcontar clients such as Yahoo!, Hutchison 3G, Criticom, Motorola, Rand McNally and ATX Technologies use its Telcontar Mobile Location Server, Universal Telematics Server, Drill Down Server, Rich Map Engine and Traffic Manager products to offer end users asset or resource management, locater services, real-time navigation and traffic, driving directions, roadside or emergency assistance and maps. Telcontar is privately held and headquartered in San Jose, California. For more information, please visit http://www.telcontar.com.

Trademarks: Telcontar, Universal Telematics Server, Telcontar Mobile Location Server, Traffic Manager, Rich Map Engine Software Libraries and Drill Down Server are trademarks or registered trademarks of Telcontar. All other product or company names are trademarks or registered trademarks of their respective holders.

COPYRIGHT 2004 Business Wire

COPYRIGHT 2004 Gale Group