Leading Data Management Solution Provider Attracts Top Talent - Software Labs Appoints Karl Chen, VP of Business Development

Karl Chen brings experience and momentum to the table, expect great growth from Software Labs in the coming months.

SACRAMENTO, CA. March 10, 2009 – Software Labs, a provider of advanced data management solutions, today announced that Karl Chen has joined the company as VP of Business Development. Karl Chen, a seasoned business development executive, brings more than 25 years of entrepreneurial success in the areas of enterprise software, virtualization, systems and storage to the firm. His major responsibilities include corporate strategy and business development.

“I am very excited to join Software Labs, as the company is on the verge of great growth,” said Chen. “I intend to help actualize this growth by working with the team in place and building strategic alliances with industry leading ERP/CRM players. I have built a successful company with Mr. Tapadiya before and I am glad to do it again.”

“It is with great honor and excitement that we welcome Mr. Chen to Software Labs,” said Pradeep Tapadiya, president and CEO, Software Labs. “He brings strategic insights to Software Labs. I have had the pleasure of working with Mr. Chen in the past and look forward to another successful relationship together.”

Karl Chen most recently served as VP of Business Development at LeftHand Networks, which just was acquired by Hewlett-Packard for $360M. Mr. Chen has also held senior management positions at BMC Software, Hewlett-Packard, Dell, NuView and Compaq.

Founded in 2002, Software Labs, Inc. delivers advanced data management solutions that are designed to increase business process efficiencies and improve business decision-making. Its xFusion Studio suite of software products and other solutions enable businesses across industries to manage and use critical information swiftly, easily and affordably. Software Labs is headquartered in Sacramento, CA, and currently serves customers and collaborates with partners in North America, Europe and Asia Pacific. The company partners with several leading technology, reseller and service providers. For more information, please call 916-773-6272 ext.130 or sales@softlabsco.com.