XAware Appoints New Chief Executive Officer


COLORADO SPRINGS, Colorado - February 28, 2006 - XAware, Inc. announces the appointment of Tim Harvey to the position of chief executive officer. Harvey brings a rich history of experience to XAware. He most recently served as SVP of sales and marketing at S1 Corporation (NASDAQ: SONE), a leading global provider of enterprise software and services to more than 4,000 banks, credit unions and insurance companies. Prior to S1, Harvey spent six years with SynQuest, a Warburg Pincus funded supplier of supply chain management solutions. As President and COO, he helped manage the company's significant growth leading to an IPO in August 2000 and subsequent merger. Additional experience includes executive and sales management roles with Datalogix (acquired by Oracle in 1996) and MSA. Harvey graduated from the University of Florida with a BSBA in Finance and served four years as an officer in the United States Marine Corps.

"We are very pleased to have a proven software executive like Tim Harvey taking the helm at XAware at this exciting time in the company's development," said Bill Miller, executive chairman of XAware. Adding Tim's proven talents and experience growing enterprise software companies from start-ups to market leaders puts an exclamation point on the company's already strong team and excellent position in the emerging market for next generation agile enterprise SOA software applications."

"It is an exciting time for me to join XAware," said Harvey. "We have a large market opportunity, a unique solution, market leading customers, global partners, well respected investors and most importantly, a talented team of people focused on building a world-class company right here in Colorado Springs. In addition, being from the East Coast and vacationing in Colorado for many years, I am looking forward to calling Colorado home."

XAware, Inc.

XAware, Inc. is a privately-held enterprise software company that provides complete services solutions for the modeling, manufacturing, monitoring and management of Service-Oriented Architecture (SOA). XAware enables success for the business SOA model by bridging the gap between business processes and IT. This XML-based bridge is the Business Services Layer which is comprised of logical assemblies of IT data services and conditional processing. These business services can then be choreographed and re-choreographed to provide new business processes and give companies the agility necessary to keep up with today's ever changing business environment. XAware Business Service XCelerators, logically grouped catalogs of related and integrated business services, have been designed for and with Insurance companies, financial market leaders and government agencies around the globe. For more information on XAware, visit www.xaware.com or call 719.884.5400.

Media Contacts:
Peggy Cripps
XAware
719-884-5438
pcripps@xaware.com

Jil Goebel/Jessica Seybold
Origin Communications
719-785-9900
jil.goebel@origincom.com
jessica.seybold@origincom.com

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