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CorasWorks Names Gary Voight CEO

– Seasoned Industry Executive to Lead Next Phase of Expansion –
Reston, VA – January 22, 2008 – CorasWorks Corporation, the leading worldwide provider of workplace application software on the Microsoft® SharePoint® platform, today announced that Gary Voight has been named chief executive officer effective January 1, 2008. Mr. Voight succeeds CorasWorks co–founder William Rogers, who will now serve as chief workplace architect, responsible for advancing the integrated virtual workplace within CorasWorks' customer and partner base, as well as the broader business and IT communities.

CorasWorks software products provide the fastest, lowest cost, and most maintainable approach to a continuously evolving collaborative workplace. CorasWorks currently has more than 1,000 customers and more than one million deployed end–users in a wide range of industries and market segments. Customers typically use CorasWorks products to build web-based solutions to manage projects and document, automate business processes, and deploy intranets, extranets, dashboards, and other business solutions.

“CorasWorks co–founder William Rogers has helped build CorasWorks into a market-maker that is poised for explosive growth. CorasWorks is on the forefront of the rapid SharePoint® market expansion, and I am looking forward to leading the company as we capitalize on the company's success to date,” said Gary Voight, CEO of CorasWorks.

“CorasWorks built its base in the SharePoint market. Our new product introductions now enable customers to integrate non–SharePoint and non–Microsoft applications, platforms, and data sources into their workplace. Gary’s extensive enterprise software background on multiple platforms is a key piece to the future of CorasWorks and our vision of the enterprise workplace,” said William Rogers, founder and chief workplace architect of CorasWorks.

“Gary’s breadth of experience makes him the natural choice for leading CorasWorks into the next phase of its growth cycle,” said Jack Biddle, CorasWorks Corporation board chairman and general partner, Novak Biddle Venture Partners. “His skill set complements the talents of the existing management team and he has deep experience with achieving the goals we seek to accomplish. His understanding of both large and small companies gives him a complete perspective for developing the right strategies to take CorasWorks to the next level,” Biddle added.

Mr. Voight has more than thirty years’ experience leading large corporations and industry changing startups. Most recently, he was president and CEO at Archivas, Inc., a digital preservation software firm, that was acquired by Hitachi in February 2007. Under his direction, Archivas developed digital archiving software, and sold it to financial services, medical, government, services and educational enterprises. Prior to joining Archivas, Mr. Voight was president and CEO of Software AG (Americas), where he grew the business to more than $200 million in revenue. He was senior vice president of Sales, Marketing and Services of SAGA Software at the time of its acquisition by Software AG. Previously, he was vice president of Worldwide Transactions Systems at IBM/Transarc – where he was responsible for most of IBM's application server, middleware, security and file systems products. Mr. Voight received his Bachelor’s degree in Business Administration from the University of Michigan.
About CorasWorks
CorasWorks® is the leading worldwide provider of application development software for Microsoft SharePoint. Customers typically use our products to build web–based solutions such as portals, intranets, extranets, dashboards, and other business applications. For more information, please visit www.corasworks.net.