VANCOUVER, BC, 2002/08/08 - ActiveState Corp., the leader in open
language-based software, services, and resources, announces the
appointment of a new Chairman of the Board, Nick Bedford. Nick has over
20 years of experience working with UBS Warburg in Europe, Asia and
North America. He has been involved with ActiveState as an investor for
the past two years. 

Nick brings to ActiveState a strong background in international finance,
with experience in sales, sales management, equity finance, and mergers
and acquisitions. He has held senior positions at UBS Warburg including
Head of German Equities based in Frankfurt responsible for sales and
sales trading of all equity products, and for the merger of UBS
Germany's equity business with SBC Warburg in Germany. Previously he was
with UBS' Securities division in Zurich, Tokyo, and London. Nick holds a
B.Sc (Hons) in Civil Engineering from King's College, London University.

ActiveState also announces that the founder, Dick Hardt, has decided to
step down as CEO. Dick will continue to sit on the ActiveState Board and
will be actively involved in advising the company. An executive
recruitment firm has been engaged in the search for a new CEO. 

"Dick Hardt's tenacity and vision have guided us in building a company
that is the undisputed leader in open languages. His breadth of
understanding of technical and business issues is an incredible asset
that we will continue to draw upon as the company grows," said Steve
Munford, ActiveState's President. "With these changes, we look forward
to leveraging Nick Bedford's knowledge and insight of international
finance, sales, and management, which will be instrumental in
ActiveState's future expansion." 

About ActiveState Corp.
ActiveState is the leader open language-based software, services, and
resources. Our solutions are used by 72% of the Fortune 500 and
encompass cross-platform and Web services development, and server-side
email management. Our key technologies are Perl, PHP, Python, Tcl, and
XSLT. ActiveState's solutions empower people through computing,
minimizing obstacles for programmers, and increasing productivity in the
enterprise.

Media & Analyst Contacts:
Lori Pike, ActiveState
604.808.6655 c / 604.484.6417 p.

C ActiveState Corporation 2002.

ActiveState is a trademark of ActiveState Corp. All other company names
herein may be trademarks of their respective owners.

_______________________________________________
News-announce mailing list
News-announce@[...].com
To unsubscribe: http://listserv.ActiveState.com/mailman/mysubs