June 21, 2002

Houston, Texas - i4cast, an innovative product costing and financial modeling software suite, has appointed Chris Kelso as Vice President of Sales and Marketing.

Mr. Kelso will spearhead the launch of i4cast’s product costing and financial modeling suite in both the North American and International markets. He will also manage and build a workforce of employees located in the US.

Mr. Kelso joins i4cast from Computer Associates, the software that manages e-business, where he was a Strategic Accounts Manager. He was responsible for working with key Fortune 50 accounts, developing and managing pipelines, forecasts, training and strategic sales processes, all of which are key to his new role at i4cast.

As Vice President, he will oversee the launch of iCost, xCost and iCM solutions for real-time product costing collaboration. Christopher Kelso is a long time resident of Houston, Texas having moved here from Monterrey, Mexico seven years ago. Prior to Computer Associates, Mr. Kelso had worked in several Senior Management positions with international IT firms including Support Technologies and Mydsa. He has a degree in Business Administration from St. Edward’s University in Austin, Texas.

Mr. Kelso’s reputation and success in sales and marketing management are exceeded only by his unbridled enthusiasm to provide 100% customer service in all his interactions as evident in our mission statement.

FOR MORE INFORMATION CONTACT:

Harry Jones
Director
281.397.7029
harry.jones@i4cast.com

About i4cast

i4cast, a joint venture between Hewlett Packard and Alliance Data Corporation, provides leading edge web-based Corporate Performance Management applications focused on product costing, financial modeling, and e-procurement.