EnterpriseDB Names Phillip Merrick Chairman of the Board

Date -2006-02-14

Expands Team with Executives from Red Hat and State Street

OPEN SOURCE BUSINESS CONFERENCE, SAN FRANCISCO, Feb. 14, 2006 – EnterpriseDB, the world’s leading enterprise-class, open source database company, announced today at the Open Source Business Conference that board member Phillip Merrick, formerly Chairman and CEO of webMethods, has been elected Chairman of the Board. The company also announced that Bill Mason, formerly of open source pioneer Red Hat, has joined the company as vice president of business development and that Faiz Husain, formerly of financial services giant State Street Corporation, has joined the company as vice president of product development. Biographies of the company’s leadership team are available on the company’s website, www.enterprisedb.com.

“Each member of our enhanced leadership team will play a critical role in making EnterpriseDB the best and preferred choice for enterprise development organizations seeking the open source advantage,” said Andy Astor, chief executive officer of EnterpriseDB. “Phillip is a successful enterprise software entrepreneur, and we continually benefit from his insight and experience. Bill will lead our effort to create an ecosystem of technology, service and business partners, including those we recently announced. Faiz and his organization will innovate to ensure that EnterpriseDB is the most compatible, reliable and scalable open source database on the planet.”

Until October 2004, Phillip Merrick was the Chairman and CEO of webMethods, Inc., which he co-founded in 1996. Under his leadership, the company demonstrated the best revenue growth of any U.S. software company between 1997 and 2002 and conducted the then-most-successful software IPO ever in February 2000. “Enterprises are moving their IT infrastructures to open source components at an increasingly rapid rate, and enterprise-class open source databases are poised to play a major role in this transformation,” said Phillip Merrick.

Bill Mason was previously a senior director at Red Hat, where he was responsible for product management, OEM sales and strategic global fulfillment during his four-year tenure. Prior to Red Hat, Bill held leadership positions in early-stage start-ups, focused on both supply chain event and syndicated e-commerce catalogue management. Bill also spent five years in Novell’s Netware Products Division, where he was responsible for product line management, partner marketing and strategic alliances.

Faiz Husain was previously a vice president in the IT Strategy & Governance group at State Street Corporation. While at State Street, Faiz was responsible for managing technology operations for the Investment Management Solutions division, development of a middle-office trade workflow system and Infrastructure enablement of IT globalization projects. Prior to State Street, Faiz spent twelve years leading development teams at several software companies, including Princeton Financial Systems, Datalogix International and Magna Software.

EnterpriseDB’s former Chairman, Denis Lussier, will remain a member of the board of directors and also the company’s chief technology officer.

EnterpriseDB Corporation will be exhibiting at the Open Source Business Conference in San Francisco on February 14–15.

About EnterpriseDB Corporation
EnterpriseDB provides and supports an enterprise-class relational database management system (RDBMS) that is built on PostgreSQL, the world’s most advanced open source database. EnterpriseDB Advanced Server is compatible with most Oracle applications, reliable and scalable enough for high-volume, mission-critical enterprise use, and surprisingly affordable. EnterpriseDB was founded in March, 2004, and is headquartered in Edison, N.J. For more information, please contact +1-732-331-1300 or visit www.enterprisedb.com

# # #

For media inquiries, please contact:

Christian Danella
Prequent, Inc. (for EnterpriseDB Corporation)
+1-408-993-2269 office
+1-415-350-4830 mobile