Tony Zingale Takes the Reins as Jive Software's CEO

By Jive Software, PRNE
Monday, February 22, 2010

Dave Hersh Elevated to Chairman of Jive's Board of Directors after Leading Jive to the Top of the Social Business Software Market

PORTLAND, Oregon, February 23, 2010 -

    News
    - Jive, the Social Business Software leader, today announced that Jive
      board member Tony Zingale has become Jive's CEO on an interim basis.
      Concurrently, Dave Hersh has been elected to the role of Chairman of
      Jive's Board of Directors. Hersh will continue to work with Jive's
      board and executive team on the company's strategy and growth plan.

    - Jive's board of directors has begun a search for a permanent CEO, and
      is already evaluating candidates with experience in leading enterprise
      technology firms through transformational growth periods.

    - Zingale, whose nearly three decade career includes experience building
      profitable, high growth enterprise software companies, will lead Jive
      as the company begins a period of significant investment to further
      extend its leadership in the rapidly growing Social Business Software
      (SBS) market.

    - Zingale most recently served as President and CEO of Mercury
      Interactive, the worldwide leader of Business Technology Optimization
      (BTO) solutions, where he successfully grew the company to over US$1B
      in annual revenue. Prior to Mercury, he was President and CEO of
      Clarify, a leader in the highly competitive customer relationship
      management (CRM) market, where he grew the company to more than US$300
      million in annual revenue.

    Supporting Quotes
    - "As I've shared with the Jive team, this is the time to put the foot on
      the gas given our momentum and unquestioned market leadership," said
      Dave Hersh, chairman of the board, Jive Software. "Given the growth we
      expect over the next few years as social software dramatically changes
      the way work gets done, the Board and I decided to put a leadership
      structure in place that could maximize Jive's opportunity. Tony's
      guidance as a board member over the last two years has been invaluable,
      and we couldn't ask for anyone better to lead Jive through this
      transition."

    - "Over the last two years I've watched Jive become the market leader and
      the company everyone watches in Social Business Software," said Tony
      Zingale, CEO, Jive Software. "My message to the Jive community is 'get
      ready' - we came out of the gate strong this year, and there's more to
      come. I'm thrilled to be working more closely with the Jive team as we
      invest aggressively across the company to extend our #1 position and
      bring the power of Social Business Software to customers around the
      world."

    - "We're thrilled to have more of Tony's time in combination with Dave's
      ongoing guidance," said Matt Tucker, co-founder and CTO of Jive. "On
      behalf of Jive's co-founder Bill Lynch and all Jivers, we thank Dave
      for his contributions over the last eight and a half years. Dave's
      leadership helped us achieve phenomenal growth and customer success as
      we navigated from our early days in New York to expanding the team,
      creating the Social Business Software category and overtaking
      competitors in the most difficult economic period in decades. Dave's
      passion and commitment for this company is a model for all of us, and
      it's fantastic that he'll continue to be a part of Jive."
    Additional Company News
    - In 2009 Jive continued its rapid momentum, increasing full year revenue
      85% over 2008. That momentum is continuing in 2010, with strong demand
      for Jive's Social Business Software solutions across all markets. As a
      result, Jive is accelerating hiring and beginning the build-out of an
      additional floor of the iconic Federal Reserve building in downtown
      Portland that serves as the company's global headquarters. This
      expansion will also provide additional customer and partner meeting
      facilities.

    - Jive has fully integrated the acquisition of Boulder, CO-based Filtrbox
      into the company and is recruiting additional talent to accelerate the
      development of solutions that leverage the Filtrbox technology. To
      accommodate this growth, Jive has signed a lease for a significantly
      larger office in Boulder's Pearl Street District. This will also enable
      Jive to tap into the burgeoning technology talent market in Boulder for
      other positions in the company.

    - Jive recently announced that JiveWorld, the SBS industry's largest
      community conference, will be held September 14-16, 2010 in San
      Francisco. Based on last year's sold out program and participant
      feedback, JiveWorld10 will feature a longer program and greater
      capacity to accommodate the growing Jive community.

Additional Resources

- Tony Zingale's JiveTalks Blog
(www.jivesoftware.com/jivespace/community/jivetalks/blog/2010/02/22/
an-exciting-time-for-jive) - "Exciting Time for Jive"

- Dave Hersh's JiveTalks Blog
(www.jivesoftware.com/jivespace/community/jivetalks/blog/2010/02/22/
my-transition) - "My Transition"

- Matt Tucker's JiveTalks Blog
(www.jivesoftware.com/jivespace/community/jivetalks/blog/2010/02/22/
thank-you-dave) - "Thank You Dave"

- Link to JiveWorld pre-reg site
(www.jivesoftware.com/jiveworld/registration)

- Jive Software Website (www.jivesoftware.com)

About Jive Software

"How can we work better together and connect with customers in a more
authentic way?" Every day millions of people experience the answer: Jive
Social Business Software (SBS), which is driving the biggest change to
business practices in decades. Jive SBS takes all the great things people
love about social networking software, collaboration software, and community
software and makes those work for business. That's why many of the brands
that drive the global economy - including Cisco, Deutsche Lufthansa AG,
Intel, NIKE Inc., SAP, Swiss Re, T-Mobile and Yum! Brands - and thousands of
other companies all Jive. Jive is number one in Social Business Software,
with the most extensive solution, the largest implementations, and unmatched
expertise in delivering value.

Dan Reidy of Reidy Communications, +1-415-497-3109, dan at reidycommunications.com, for Jive

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