Forbes Honors Two AmberPoint Board Members as Top Venture Capitalists

Promod Haque and William Younger on Forbes "Midas List" for the Fourth Year in a Row

Oakland, California, February 15, 2005 -- AmberPoint, the leading provider of service-oriented architecture (SOA) management solutions announced today that board member Promod Haque, managing partner at Norwest Venture Partners, has been ranked by Forbes magazine in the top ten venture capitalists on its annual list of the world's most successful investors in technology or life sciences startups. The “Midas List” also included AmberPoint board member Bill Younger, managing partner at Sutter Hill Ventures, among the honorees. This is the fourth consecutive year these charter members of AmberPoint's Board of Directors have made the list.

The Forbes Midas List identifies individuals who deploy venture capital to create wealth for their investors and build valuable, long-lasting companies. The list ranks individuals based on the market capitalization of a venture-backed company at the close of its first day of trading, or the purchase price in an acquisition as well as the change in value of each investment since going public or being sold. Ranking also depends on a candidate's length of involvement and depth of influence at a startup. Only tech and life sciences companies that have gone public or been acquired within the past five years are considered. Results are based on extensive reporting and surveys sent to 800 professionals, including angel investors, bankers, lawyers, recruiters and venture capitalists. Click here to see the complete 2005 Midas List.

“For four years now the Forbes Midas List has acknowledged the first-rate talent of our board members,” said John Hubinger, AmberPoint CEO. “We are fortunate to have the expertise and commitment that Promod and Bill bring to AmberPoint's Board of Directors. We strive to bring that same level of expertise in technology and commitment to success to our own customers."

AmberPoint provides the management layer that is critical for realizing the return on investment from distributed, heterogeneous service-oriented systems. AmberPoint’s solutions provide comprehensive management and security capabilities without requiring any changes to the services themselves. AmberPoint was the first Web services management vendor with solutions that run natively in both .NET and Java, enabling its software products to fully leverage the advantages of both prevailing Web services platforms.

About AmberPoint
AmberPoint is the leading provider of management software for service-oriented architectures (SOA). With its modular, distributed architecture, AmberPoint radically simplifies the management and evolution of service-based business solutions. For more information, contact AmberPoint at 510.663.6300 or info@amberpoint.com, or visit the company website at www.amberpoint.com for a complimentary developer's edition of AmberPoint software.

Press Contacts:

Bob Dever
AmberPoint, Inc.
510.433.6553
bdever@amberpoint.com

Kim Abreu
Atomic Public Relations
415.402.0230
kim@atomicpr.com