Formar Tivoli chairman and CEO Frank Moss joins Oblicore to chair advisory board

IT Leader To Help Service Providers and Enterprises Gain Control Over Their Service Delivery

COLUMBIA, Md. June 20, 2005 - Oblicore, Inc., a leading provider of service level management applications that provide the fastest path to guaranteed service delivery, today announced that Frank Moss, Ph.D., has joined its advisory board as chairman. As the former CEO and chairman of Tivoli Systems and a recognized IT leader with more than 30 years of experience in the software industry, Dr. Moss will add invaluable strategic and operational perspective to Oblicore.

“As one of the most respected and knowledgeable visionaries in the network and systems management field, Dr. Moss knows all too well the limitations of existing technologies in managing business-service delivery,” said Yuval Boger, CEO, Oblicore. “His familiarity with the challenges that large organizations face in managing their IT infrastructures will play a key role in propelling Oblicore to the next level of success. We look forward to Dr. Moss's strategic guidance and are confident his insight and expertise will help us to show service providers and enterprises that they can achieve guaranteed service delivery quickly and easily.” 

Dr. Moss currently serves as president of Strategic Software Ventures (SSV) LLC, which assists in the creation and growth of a new generation of enterprise software companies. Prior to SSV, he was CEO and later chairman of Tivoli Systems (sold to IBM in 1996 for $743 million). During his tenure, Dr. Moss was credited with growing Tivoli from a software start-up to the leader in enterprise systems management. Prior to Tivoli, he held positions with Lotus Development, Stellar Computer, Apollo Computer and IBM Research. Dr. Moss was the recipient of the prestigious Austin Entrepreneur of the Year award in 1996, and was named one of Forbes magazine’s “Leaders of Tomorrow” for 2000 and one of Computer Reseller News’ top “Entrepreneurs to Watch for 2001.”

"I’ve spent a career identifying business ‘pain points’ that I can alleviate by bringing the right technology to market,” said Dr. Moss. "IT-based services have become the backbone of business, making predictable, reliable, best-in-class service delivery truly mission critical. Organizations are no longer willing to accept 'best efforts' on service level agreements and outsourced contracts, and, more importantly, they can't afford to. Yuval and his team at Oblicore have stepped forward to provide the only fast, efficient, integrated and complete solutions for managing outsourced relationships and SLAs and created another great opportunity for me to help tackle a burning business issue with the right technology remedy.”

About Oblicore

Oblicore provides the fastest path to guaranteed service delivery. Dozens of blue-chip service providers and enterprises worldwide use Oblicore to reduce the cost of service delivery, achieve compliance, increase customer retention and acquisition, and monitor critical business processes. Architected to provide business-focused, top-down service level management, Oblicore delivers the most complete and integrated software, as well as world-class best practices and expertise, facilitating guaranteed service delivery in record time. Headquartered in Columbia, Md., with offices across the US, Europe and Israel, Oblicore is backed by a strong, global investor base. For more information, please visit www.oblicore.com.