InterSystems Announces Executive Appointments for DeSantis, Deutsch, Nagle, Paladino

From: Kate Jones (kjones_at_shoorpr.com)
Date: 05/04/04

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    InterSystems Corporation, the fastest growing database software company,
    today announced that Joseph DeSantis, Richard Deutsch, Robert Nagle and
    John Paladino have been named vice president. The executive promotions
    followed a year of dramatic growth for the company, a technology leader
    in database and application integration software. For more information,
    please contact Sabrina Kidwai at 803-699-0710 or by email at
    skidwai@shoorpr.com. Press release follows.

    =============================================================================

    Editorial Contacts
    Sabrina Kidwai
    Shoor & Company
    (803) 699-0710
    skidwai@shoorpr.com

    Maureen Flaherty
    InterSystems
    (617) 621-0600
    flaherty@intersystems.com

               InterSystems Announces Executive Appointments for
                       DeSantis, Deutsch, Nagle, Paladino

                   Promotions Reflect Dramatic Revenue Growth
                     of Database, Integration Software Firm

    Cambridge, Mass.—May 4, 2004—InterSystems Corporation, the fastest
    growing database software company, today announced that Joseph DeSantis,
    Richard Deutsch, Robert Nagle and John Paladino have been named vice
    president. The executive promotions followed a year of dramatic growth
    for the company, a technology leader in database and application
    integration software.

    “After decades of sustained growth and profitability, including
    increasing revenues throughout the burst of the dotcom bubble when the
    overall database market shrunk, InterSystems had a banner year in 2003,”
    says President and CEO Phillip T. (Terry) Ragon. “In addition to 40
    percent revenue growth and record profits, IDG’s Computerworld
    recognized our CACHÉ database with an Innovative Technology Award,
    Gartner named CACHÉ as one of the top five relational database systems
    on the Windows platform, and we launched our new Ensemble universal
    integration platform. These executive promotions recognize those who
    lead the teams responsible for that success.”

    Joe DeSantis, of Lincoln, Mass., directs object technology development.
    Prior to joining InterSystems in 1996, he was with Liant Software
    Corporation, where he served as vice president of R&D. DeSantis also
    co-founded Oakland Group, Inc., where he oversaw development of the
    C-scape Interscape Management System. He studied electrical engineering
    at the Massachusetts Institute of Technology.

    Richard Deutsch, from Natick, Mass., oversees InterSystems’ marketing
    operations, with worldwide responsibility for the company’s marketing
    programs. Deutsch came to InterSystems in 1995, after more than a decade
    with IBM, where his focus was on marketing and communications
    management. Prior to IBM, Deutsch was president and creative director of
    a design and advertising agency. He is a graduate of Harvard University.

    Robert Nagle, of Cambridge, Mass., directs systems software development
    at InterSystems. Before joining the company’s executive team in 1998, he
    spent five years at Harvard University, focusing on molecular modeling
    and high performance computing. His background includes stints at
    Molecular Simulations, Inc., Automatix, Cognition and Computervision. He
    has a Master’s degree in Mathematics from Carnegie-Mellon University and
    a Master’s in Mathematical Physics from University College, Cork.

    John Paladino, from Melrose, Mass., directs InterSystems support,
    quality assurance, internal computer operations and customer education
    groups. Prior to joining the firm in 1984, he was a systems engineer
    with New England Pathology, where he oversaw acquisition, implementation
    and managing of multiple information technologies. Paladino studied
    Electrical Engineering at Worcester Polytechnic Institute.

    About InterSystems

    Headquartered in Cambridge, Massachusetts, InterSystems Corporation
    (www.InterSystems.com) has served the needs of IT organizations and
    independent software vendors for more than two decades. InterSystems'
    showcase products, the CACHÉ post-relational database and the Ensemble
    universal integration platform, enable the rapid creation and fast
    integration of high-performance applications.

    Over four million people use mission-critical applications based on
    InterSystems' software. Twenty regional offices serve application
    developers and integrators around the world, and
    24 x 7 support is provided for all InterSystems products.

                                       ###

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