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February 27, 2007
Varicent Appoints Mark Girvan Vice President of Business Development
Industry Veteran To Build Channels, Develop Strategic Partnerships

(Toronto, ON) – Varicent Software Incorporated, the only provider of complete solutions for sales performance management (SPM), today announced Mark Girvan has joined the company as vice president of business development. Girvan, an industry veteran with more than 15 years experience with enterprise software and strategic consulting firms, will lead Varicent's channel and partner initiatives.

"Varicent is on a fast-growth path," said Dan Shimmerman, CEO, Varicent. "In the past few months we've added executives to the management team, increased the sales staff, and prepared for a tremendous 2007. Mark brings us valuable experience building out channels for enterprise software firms and will be instrumental for Varicent to become the market leader in sales performance management."

Sales performance management is an aspect of business performance management focusing on planning, modeling, dashboarding and reporting, managing territories, commission and incentive calculations and analytics for companies to understand the economic impact of variable compensation programs.

Girvan comes to Varicent from Platform Computing, where he was the director of channel sales. Previous experience includes serving as a senior consultant with The McKenna Group, an associate with A. T. Kearney, and roles at Secure Computing and Kolvox Communications. Girvan holds an MBA from Ivey School of Business and a BA from Queen's University.

About Varicent

Varicent Software Incorporated delivers the only complete sales performance management solution addressing the needs of the entire corporation. High performing companies relying on Varicent for better visibility and control of variable compensation programs include KLA-Tencor (NASDAQ: KLAC), Starwood Hotels and Resorts (NYSE: HOT), Waste Management (NYSE: WMI), Rogers (NYSE: RG), About.com (a New York Times Company), and Pacific Blue Cross.

For more information on Varicent, please visit http://www.varicent.com. .

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