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Nastel appoints Jonathan Caplan as VP Sales, North America

Specialist skills and international experience strengthen sales team

New York and London 24th, May 2005 – Nastel Technologies, market leader in real-time operations and performance monitoring and automation for application integration infrastructures, today announced the appointment of Jonathan Caplan as Vice-President Sales, North America. Jonathan will be based at the Nastel headquarters in New York.

Nastel has committed to further expansion of their business with a focus on North American and European markets. With this in mind, the company has appointed Caplan to head up its North American sales team. He is a very experienced sales executive with a successful sales track record across a number of industry sectors in US and international markets.

Prior to joining the Nastel team, Caplan held positions of Director of North American and UK sales for Syfact, a specialist provider of investigative case management software for the anti-fraud/money laundering investigations activities required to meet Patriot Act and Sarbanes-Oxley requirements and VP Global Sales for Camelot Technologies, a European network security firm.

“Nastel products have been successfully implemented by a number of Tier 1 companies across financial services, retail, energy, government, telco and distribution verticals. With such excellent customer references and an established partner and reseller network, my goal for the Nastel direct sales team is to continue to increase our market share.” comments Jonathan Caplan. “Nastel is a very attractive proposition for companies seeking to fine tune their application monitoring and management activities which underpin critical business processes. I look forward building upon the success Nastel has already achieved.”

David Mavashev, CEO at Nastel adds “In keeping with our growth strategy, it is just as important to ensure we have the best industry specialists we can find, whether they are involved in product build, support or sales. Our management team is committed to recruiting the right people to help achieve our future goals and to ensure we continue to support our growing customer base. I am very pleased to welcome Jonathan to the Nastel team and look forward to his success in this demanding new role.”

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About Nastel

Nastel Technologies is a market leader in real-time operations and performance monitoring and automation for application integration infrastructures. The Nastel AutoPilot™ suite of solutions enable SLA (Service Level Agreement) and regulatory compliance for business-critical processes and consistently deliver improved productivity, operational efficiency and demonstrable ROI. Nastel solutions are implemented in Fortune 1000 companies across the globe, including some of the world’s largest banks and financial institutions, retail chains and insurance providers. The company was founded in 1994, is headquartered in New York, established a European regional office in 1999 and maintains a network of resellers worldwide. For further information please visit www.nastel.com.



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