SEGU Segue Software (MM)

John T. Sullivan Appointed as Senior Vice President, Worldwide Sales Segue Software, Inc. (NASDAQ-CM: SEGU), a leader in Software Quality Optimization(TM) (SQO(TM)), today announced that John T. Sullivan has joined the company as Senior Vice President of Worldwide Sales, effective October 17, 2005. "John's significant and applicable experience in software testing sales brings a new level of intensity and focus to our organization," said Joseph Krivickas, president and chief executive officer. "It's a privilege to bring in a sales chief who already has a proven track record at accomplishing significant sales growth in our own market segment. John brings invaluable experience to Segue because he knows our market, he knows our competitors and he knows where Segue is best suited to win. We are fortunate to be able to benefit from his past successes." Mr. Sullivan, 42, brings more than 20 years of sales leadership with start-up, as well as established, software companies. Most notable was his term at Empirix Inc., a recognized name in the software testing market. There, as VP of Sales, Mr. Sullivan led the sales organization from its start-up stage as RSW Software, a Teradyne (NYSE: TER) company, through the acquisition that formed Empirix. He stayed with RSW Software and Empirix as VP of Sales for over five years during which significant revenue growth occurred. Most recently, Mr. Sullivan served as Vice President of Sales for Pedestal Software, and continued in that role for Altiris, Inc. (NASDAQ-NM: ATRS) after its acquisition of Pedestal in March 2005. Mr. Sullivan holds a BA degree in Finance from Providence College. About Segue Software Segue Software, Inc. (NASDAQ-CM: SEGU) is a global expert in delivering solutions to define, measure, manage and improve software quality throughout the entire software application lifecycle. Segue's Software Quality Optimization(TM) (SQO(TM)) solutions help companies reduce business risk, ensure the deployment of high quality software and increase return on investment. Leading businesses around the world, including many of the Fortune 500, rely on Segue's innovative Silk family of products to protect their business service levels, competitive edge and brand reputation. Headquartered in Lexington, Mass., with offices across North America and Europe, Segue can be reached at +1-781-402-1000 or www.segue.com. Segue and the Segue logo are registered trademarks and Software Quality Optimization and SQO are trademarks of Segue Software, Inc. All other marks are the property of their respective owners. This press release may contain forward-looking statements, such as our financial projections for 2005 and beyond. Forward-looking statements are statements that contain predictions or projections of future events or performance, and often contain words such as "anticipates", "can", "estimates", "believe", "expects", "projects", "will", "might", or other words indicating a statement about the future. The Company notes that any such forward-looking statements are subject to change and are not guarantees of future performance, and that actual results may differ materially from any such predictions or projections, based on various important factors and including, without limitation, the ability of the Company to continue to achieve positive cash flow and sustain profitability in this difficult economic and business climate; the ability of the Company to close large enterprise orders; the Company's transition to a new management team; the timing and success of introductions of our new products; market acceptance of recently-introduced products (including SilkCentral Test Manager 8.0) and updated releases; the effectiveness of our additional distributors and resellers; growth in license revenue; new products and announcements from other companies; the Company's continued access to capital; and changes in technology and industry standards. Additional information on the factors that could affect the Company's business and financial results is included in the Company's periodic reports filed with the Securities and Exchange Commission.