Arena Solutions Expands Management Team
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Arena Solutions Expands Management Team

MENLO PARK, CA -- (MARKET WIRE) -- Dec 12, 2005 -- Arena Solutions, the leading provider of On-Demand Product Lifecycle Management solutions, today announced the appointment of Mark Holman as senior vice president of operations and strategic development. In this role, Holman will be responsible for strategic development, account management and professional services at Arena Solutions.

"We're building strength and expertise into our management team to support the growing demand for our Arena PLM solution," said Michael Topolovac, chief executive officer of Arena Solutions. "Mark has a proven track record in global electronics and the supply chain software industry and brings a wealth of knowledge, operational expertise and functional proficiency to fuel our growth in the on-demand PLM market."

"On-demand is the future of enterprise software and Arena's on-demand PLM solution is pivotal to the success of product manufacturers worldwide who are faced with increasing pressure to deliver products to market faster, growing compliance regulations, and an ever-expanding global supply chain," said Mark Holman. "Manufacturers have been clamoring for a PLM solution that is simple to deploy, low cost and doesn't have a wait-and-see approach for years, and now they have one. Arena PLM enables a new world of collaboration and product development opportunities that are not possible using traditional enterprise software. I am excited to be joining this world-class team and look forward to working with our customers to deliver the solutions that will shape the next generation of manufacturing and product development."

Prior to joining Arena Solutions, Mark was the founding CEO of E2Open, a leading on-demand provider of application and middleware software and network operations for the integration of global supply chains. Under Mark's leadership E2Open generated over $15 million in revenue, built global operations in 3 continents, and was widely recognized as a thought and market leader in B2B e-commerce. Previously, Mark was Corporate Vice President, Marketing, Strategic Planning and Corporate Development for Solectron Corporation, the world's leading electronics supply chain management company. As a member of the executive management team, Mark helped guide Solectron's growth from $1.4 billion in revenues to over $14 billion, resulting in the company's move to #1 in market share and an increase in market capitalization from $1.5 billion to $25 billion (CAGR of 75+%). Prior to Solectron, Mark was a senior associate at Booz-Allen & Hamilton, where he provided supply chain, design strategy and technology consulting to over 15 clients across multiple industries. Mark began his career at General Motors, where he was responsible for managing the development of various systems for the Chevrolet Corvette.

Mark received an MBA from the University of Michigan, and a bachelor of science in Electrical Engineering from Kettering University.

About Arena Solutions

Arena Solutions is the leading provider of on-demand product lifecycle management solutions for manufacturing companies of all sizes. As the only true on-demand, secure Internet-based PLM service; Arena PLM provides a superior alternative to complicated, lengthy and expensive traditional PLM software deployments. Through its award-winning service, Arena enables product manufacturers and global outsourced supply chains to streamline their outsourcing, improve operational efficiencies, and speed time-to-market. Offering the broadest suite of on-demand PLM solutions on the market today -- Arena PLM Workgroup Edition, Arena PLM Professional Edition, and Arena PLM Enterprise Edition -- Arena PLM has been adopted by over 15,000 users across companies at all stages of development.

Arena Solutions' market-changing approach to PLM has received significant recognition in the industry, including Manufacturing Business Technology's Top 40 Emerging Vendors, the 2005 Supply & Demand Chain Executive 100, Industry Week's "Technology of the Year - Notable Innovators" and Start Magazine's "Hot" Companies.

Founded in February 2000, Arena Solutions is headquartered in Menlo Park, California. For more information, please visit the company's website at www.arenasolutions.com.

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Antenna PR
Doug Wyllie
415-977-1930

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