Rivet Software Appoints Roger Siboni to Board of Directors

DENVER, July 20 /PRNewswire/ -- Rivet Software, the premier provider of standards-based business reporting and analytics for financial communications, announced today the appointment of Mr. Roger Siboni to the company's board of directors.

"We are pleased to have someone of Roger's caliber joining our board," said Patrick Quinlan, CEO of Rivet Software. "His extensive experience as a business leader and entrepreneur brings valuable leadership and vision to Rivet Software. We look forward to working with him as our board continues its efforts to enhance the company's value by empowering companies, regulatory agencies and investors worldwide to make better business and investment decisions."

Siboni is a recognized business leader with experience growing numerous technology startups into major public companies. He was CEO and then Chairman of the Board of Epiphany, a customer relationship management software company, from 1998 to 2005. Prior to joining Epiphany, he spent more than twenty years at KPMG LLP including serving as Deputy Chairman and COO. While there, his significant operating experience helped the billion-dollar company achieve triple-digit growth within its consulting and high-technology practices.

"No other company has Rivet's unique combination of a strong brand, the industry's best talent and innovative XBRL-based software solutions; strengths I believe will propel the company to success and significance in the industry," said Siboni. "I look forward to working together with Patrick and the rest of our board to continue the progress they've made on transforming and simplifying business communications."

Siboni has been a director for Active Software, ArcSight Inc., Cadance Design Systems Inc.,  Classmates Media Corporation, Corio Inc., Dolby Laboratories, FileNET Corporation, Hara Software, infoGroup, Pivotal Corporation, Macromedia, Inc. and Syniverse Brience LLC. He is the past chairman and member of the advisory board of the Haas Graduate School of Business at the University of California at Berkeley. He was a certified public accountant in New York and California and holds a B.S. degree in Business Administration from the University of California at Berkeley.

About Rivet Software

Founded in 2002, Rivet Software is headquartered in Denver, CO, and is the pioneer in standards-based business reporting and analytics, serving public and private companies, regulatory agencies and investor's worldwide. Rivet enables more Fortune 500 companies in meeting their SEC filings than any other company. Rivet empowers companies with control over the collection, analysis and dissemination of their internal and external financial information helping to advance the transformation of business communication. Rivet's flagship product, Crossfire® Financial Reporting Platform, is a standards-based platform focused on internal and external reporting and analytics. Crossfire® is built on a robust XBRL framework with the support of an integrated information center and is easy-to –use for true information transparency. http://www.rivetsoftware.com

SOURCE Rivet Software