Press Releases

Verdiem Appoints Denise Masters as New Chief Financial Officer

Technology Industry Veteran To Target Resources for Corporate Expansion

Seattle - Feb. 5, 2007 - Verdiem, the leading developer of power management software for PC networks, today announced the addition of Denise Masters as Chief Financial Officer. Masters brings to Verdiem more than 13 years of finance experience with a focus on the high tech industry. At Verdiem, she will be responsible for finance, legal and human resources as the company aggressively expands its national and international presence. Prior to joining Verdiem, Masters was the director of finance for Bocada. Before Bocada, she was a senior manager within the audit practice at Deloitte & Touche.

"Adding Denise to our executive management team could not have come at a better time," said Kevin Klustner, chief executive officer, Verdiem. "The confluence of rising energy costs and an increasing global attention on reducing carbon emissions has accelerated the demand for our products around the world. Denise brings the experience and insight to help Verdiem more effectively navigate this period of rapid growth."

On average, Verdiem SURVEYOR helps customers cut energy consumption by 200 kWh per PC per year. With more than 300,000 PCs currently using SURVEYOR, Verdiem and its customers are helping to reduce global warming, CO2 emissions by eliminating IT energy waste. In 2007 alone, Verdiem's installed base of over 100 customers will use SURVEYOR to reduce greenhouse gas emissions at a rate equal to taking more than 8,000 passenger cars off the road for an entire year, or conserving 4,317,988 gallons of gasoline.

"As the leader in PC power management software, Verdiem is poised to capitalize on significant market opportunity," said Denise Masters, chief financial officer, Verdiem. "This is an exciting time for the company, and I am energized by the chance to help Verdiem succeed during this pivotal time."

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About Verdiem

Verdiem provides enterprise software solutions to reduce energy consumption of PC networks. Its SURVEYOR software increases business profitability and sustainability by monitoring, measuring and managing IT energy use and related greenhouse gas emissions. The company’s relationships with technology and energy efficiency leaders help it to deliver best-in-class solutions to global businesses and individuals. Founded in 2001, Verdiem is a green IT company headquartered in Seattle with additional offices in the US and UK. More information is available at www.verdiem.com or (206) 838-2800.

Verdiem, SURVEYOR, and Edison are trademarks or registered trademarks of Verdiem Corporation.

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Media Contact

Drew Smith Bite Communications for Verdiem 415-365-0401 drew.smith@bitepr.com