Rivero to Apply Extensive Operations Background to Work with STG Group

                            Companies Worldwide



    PALO ALTO, Calif., Aug 8 /EMWNews/ -- Symphony Technology Group

(STG), a strategic holding company and private equity investor in

enterprise software and services businesses, today announced that Jose

Rivero has joined the firm as a Managing Director and Operating Partner. At

STG, Rivero will partner with the management teams of Symphony Technology

Group portfolio companies worldwide to help them build great companies

through business transformation.



    Rivero joins STG from Accenture, where he was the Global Managing

Director of the firm's Custom Business Process Outsourcing Services

division. As Global Managing Director, Rivero managed all aspects of this

business, which provides client-specific business process outsourcing

solutions to government, financial services, high tech, communications and

other markets worldwide.



    "Bringing Jose on board extends our commitment to work with the leaders

of our portfolio companies to help them take their business performance to

the next level through operational transformation and by driving new value

for clients through innovation," said STG Chairman and CEO Romesh Wadhwani.

"Since founding STG in 2002, we have taken a unique approach to private

equity investing -- we partner with our Group companies to identify areas

where we can apply best practices in operations and technology innovation

to accelerate both the revenue growth rate and profitability of their

businesses. Jose has spent more than 20 years in the industry developing

and executing the same kinds of solutions with growing companies worldwide.

We welcome him to the team."



    "I'm eager to build upon the success and innovation that Romesh and the

STG team have accomplished during the last six years," said Jose Rivero. "I

look forward to working with existing and new STG Group companies to

increase operational excellence and deliver greater value to their

customers."



    Before joining Accenture in 2005, Rivero spent eight years with

Automatic Data Processing (ADP), where he held a number of positions. He

most recently was the Senior Vice President of the Automotive Claims

Services (ACS) Division, the North American business with 1,000 employees.



    Prior to his stint with ADP, Rivero was a Senior Engagement Manager for

McKinsey & Company, based in New York and New Jersey. During his six years

with McKinsey, Rivero led multiple consulting projects in areas such as

telecom, electronics, manufacturing, pharmaceuticals, etc. Rivero also

worked internationally for Arthur D. Little and Allis Chalmers.



    Rivero holds an M.B.A. from Harvard Business School, and a M.S. in

Engineering and a B.S. in Mechanical Engineering from the Massachusetts

Institute of Technology.

    About Symphony Technology Group



    Symphony Technology Group (STG) is a strategic holding company with the

mission of being an investor and partner in helping to build great

companies in software and services. STG currently has a portfolio of nine

companies with combined revenue of $ 2.5 billion and 15,000 employees. STG

Group portfolio companies include Information Resources, Inc., Symphony

Services, Symphony Metreo, Symphony Marketing Solutions, Aldata, Capco,

Teleca, Netik, and Lawson Software (in which STG is a minority investor).

Through its new $900 million private equity fund, STG has a large amount of

capital ready to invest in software and services businesses. STG is

headquartered in Palo Alto, Calif. For more information visit

http://www.symphonytg.com






     For more information, please contact:

     Carol Sacks

     Tenor Communications

     [email protected]

     650.520.8261