APPSOLVE NAMES STEPHAN ROTHSCHILD AS GENERAL MANAGER; HIGH-TECH VETERAN BRINGS 25 YEARS OF FINANCIAL EXPERTISE TO MANAGEMENT TEAM


Washington, DC. - April 1, 2002 - AppSolve, Inc., a leading product marketing consulting firm, today announced the addition of industry veteran, Stephan Rothschild, as General Manager, Eastern Region. Rothschild joins AppSolve with more than 25 years of technology, marketing and operations experience in both privately and publicly held companies. He brings broad expertise in product marketing and analytical CRM, having built and managed many professional services firms throughout his career.

"Adding a seasoned manager like Steve to our management team is a critical next step in our growth," said Steven Fisher, Managing Director of AppSolve. "His proven track record building solid businesses for high-growth professional service companies will be a tremendous asset to AppSolve and will help further establish our market leadership."

He is currently responsible for heading up the East Coast and European operations of AppSolve. This includes oversight on all AppSolve consulting engagements and participation where project management and product management skills are required. Additionally, his role makes him responsible for locating and qualifying new business and establishing strategic partnerships with key solution providers.

Rothschild has a wealth of experience in technology, product marketing and operations management. Previously, Rothschild worked at Sybase, Inc as heading up their specialty practices group expanding partnerships in the Enterprise Portal, Data Warehousing and Financial Services areas. Rothschild' career includes pivotal roles as a leader for several Fortune 500 companies including NCR and IBM.

The analytical CRM market is projected to exceed $5 billion in 2005 and AppSolve is poised to capture significant market share with its patent pending process and technology. Industry leaders such as Sybase, VISA USA, and Viador depend on AppSolve for Analytical CRM and product marketing and are taking advantage of its measurable benefits including reduced overhead costs and faster time-to-market.

"AppSolve has an extremely exciting market opportunity and is positioned well for success," said Rothschild. "The company has proven that its Analytical CRM platform and product marketing services provide tremendous cost-savings and ROI benefits to a multitude of industries. With a seasoned team in place, a truly compelling technology, and an impressive customer base, I am looking forward to contributing my efforts to manage AppSolve's growth."

About AppSolve
AppSolve is a leading consulting firm which provides product marketing and management services to the hi-tech, financial, travel and consumer retail market segments. AppSolve's customer base includes Fortune 1000 corporations in hi-tech, financial services, travel and consumer retail market segments. The company is based in Washington, DC and San Francisco, CA.