Press Releases

Contact: Laura McCann Ramsey

Zweave, Inc.
98 Greene Street
New York NY 10012
laura@zweave.com
1 888 Zweave1

Zweave appoints Hoyt David Morgan as Chief Marketing Officer

New York, NY, April 3rd 2008 − Zweave, Inc., the leader in On-demand Design Automation solutions for product development organizations announces today that Hoyt Morgan has joined the company as Chief Marketing Officer. He will leverage his deep domain expertise in Product Lifecycle Management (PLM) and broad industry relationships to propel Zweave’s corporate strategy, marketing and strategic partnerships forward.

“Hoyt brings a track record of success,“ said Laura McCann, CEO of Zweave. “We are confident that his expertise will help us increase the market awareness and customer adoption of our PLM offerings, which are instrumental to achieve our next phase of growth.“

“This is an exciting time to join Zweave and to help a powerfully innovative company grow,“ said Hoyt. “I am joining an outstanding team and look forward to working together to achieve widespread adoption of the Zweave solution.”

Hoyt has a successful track record of leading both technology and financial companies from start-up into high growth. Most recently, he served as Vice President of Marketing at College Loan Corporation (CLC) and led the consumer marketing efforts (the largest CLC division). With his leadership, the company became the seventh-largest student loan company in the United States and originated over $20 billion in student loans to help over 800,000 families pay for college. Prior to CLC, Hoyt held several leadership positions at software and internet start-ups, and helped guide these companies from launch through high growth and to “exits”. Hoyt’s philosophy is to rapidly grow the customer base through superior strategic planning and an intense focus on the customer. Hoyt is a graduate of Duke University with a BA in Economics, a Certificate in Marketing & Management Sciences and a Minor in History.

Zdesign on-demand addresses the top five product development challenges of product Development organizations implementing PLM: Easy to use and affordable software; outsourced or in-house Hosting and Services; collaboration and accountability between merchandising, design, and sourcing activities; cost reduction of product development activities; and reduced product development cycle times.

About Zweave
Zweave, Inc. is a leader in on-demand Design Automation Software, serving the needs of federal and consumer product development organizations. For the thousands of people working in organizations that design, source and manufacture clothing, footwear, equipment, textiles and consumer products, Zweave’s software solutions make it as easy as possible to share and manage product development information anywhere, anytime.

Zweave, Inc. and all Zweave product names and logos are trademarks or registered trademarks of Zweave, Inc. or its subsidiaries in the United States and in other countries. Names of products from other vendors mentioned in this document may be trademarks or registered trademarks of their respective owners. Except for the historical information contained herein, matters discussed in this news release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected.