Market Overview

Exostar Names Michael Castle Vice President, Sales and Marketing


New Executive Team Member Brings Extensive Experience in Relevant
Technologies, Vertical Markets, and Business Functions

whose cloud-based solutions help companies in aerospace
and defense
, life
, and healthcare
collaborate securely with their partners, today announced it has hired Michael
to serve as Vice President of Sales and Marketing. Castle
comes to Exostar from Creative Information Technology, Incorporated
(CITI), a systems integration software solution provider. At CITI, he
led marketing, strategy, and business development efforts – including
partnerships and joint ventures, as well as product management and
commercialization – for the company's Identity Management & Security,
Healthcare, and Federal divisions.

"Exostar is a well-established technology provider with a proven suite
of identity
and access management
, risk
, secure
, and supply
chain management
solutions," Castle said. "As organizations in the
aerospace and defense, life sciences, and healthcare industries
transform to support digital business throughout their extended value
chains, they must implement workflows and systems that can withstand
cyber threats that are unprecedented in their volume, targeting, and
sophistication. I'm excited to join a company that understands the
strategic importance of achieving this objective, and I look forward to
helping Exostar extend its footprint globally."

Castle brings more than 25 years of relevant experience in marketing and
sales, business development, and strategy and strategic alliances
initiatives with cloud, Software-as-a-Service, and software providers to
his role at Exostar. He will oversee all corporate and product marketing
initiatives, as well as partner and channel engagements. In addition, he
will be responsible for defining and executing all sales policies,
strategies, and practices; advancing the company's technology roadmap
and go-to-market strategy; and strengthening relationships with
customers and all members of Exostar's global community.

"Mike's broad and deep commercial background at technology companies of
all sizes and stages of the corporate lifecycle will serve us well as we
extend our reach in the commercial marketplace and pursue new market
opportunities," said Richard
, Exostar's President and CEO. "His subject matter expertise
across all sales and marketing functions, coupled with his executive
leadership and knowledge of vertical markets and technologies germane to
our business, immediately makes him an invaluable asset and a key to our
future success."

Earlier in his career, Castle was Director of Global Marketing and
Strategy for the Software & Informatics division of Agilent Technologies
(NYSE:A), a $4.5B publicly-traded company. At Agilent, he led global
teams in marketing, strategic planning, and roadmap development. Prior
to Agilent, Castle held executive positions in sales, marketing,
business development, and strategy at firms including Surety, Radiance
Technologies, Onstream Media, Webware Corporation, and Thomson Reuters

About Exostar

Exostar, a Gartner Cool Vendor, offers cloud-based solutions that help
companies in highly-regulated industries mitigate risk and solve
identity and access challenges. Nearly 150,000 organizations leverage
Exostar to help them collaborate securely, efficiently, and compliantly
with their partners and suppliers. By offering connect-once, single
sign-on access, Exostar strengthens security, reduces expenditures, and
raises productivity so customers can better meet contractual,
regulatory, and time-to-market objectives.

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