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JackBe Fueled to Extend Market Leadership; Adds $5 million in Funding and 25-year Industry Veteran as Chairman of the Board

Enterprise Mashup leader receives funds for expanded operations and appoints Wayne Jackson to oversee strategic growth opportunities

Chevy Chase, MD and Fremont, CA - December 16, 2008 - JackBe, the leading provider of enterprise mashup software, today announced that it has closed a $5 million round of funding and appointed software industry veteran Wayne Jackson as its new Chairman of the Board. The funding and appointment confirm JackBe’s industry leadership and ready the company for continued growth and success through 2009 and beyond.

The $5 million funding was secured from existing investors including Harbert Venture Partners, Core Capital Partners, Blue Chip Venture Company, Intel Capital, and Darby Technology Ventures. The investment will be used by JackBe to expand sales, marketing, and partner activities worldwide.

“JackBe has truly established itself as an organization that can turn innovative technology into practical business solutions,” said Pascal Luck, managing director at Core Capital Partners. “Our investment in JackBe is based on our confidence in their leadership, the value they bring to their customers, and the strength of the market in which they operate.”

“We are very excited to invest in an organization that has such a strong market position in such an exciting area of enterprise software,” said Tom Roberts, partner at Harbert Venture Partners. “In light of their successes in 2008, we are very confident JackBe will continue to expand its market leadership position in this valuable software category.”

Mr. Jackson, former CEO of Sourcefire, Inc. (NASDAQ: FIRE) brings a wealth of executive experience in building successful high-growth technology organizations. While serving as CEO at Sourcefire, Mr. Jackson led a team that grew annual revenues to more than $70 million and managed a rare IPO in March of 2007. Prior to Sourcefire, he co-founded Riverbed Technologies which was acquired by Aether Systems in March of 2000 for approximately $1 billion.

"As an early investor and an active member of JackBe’s board, I am thrilled to have Wayne join us in building this great company. I am confident that his experience makes us an even stronger and more competitive organization," said Chris McCleary, venture partner at Blue Chip Venture Company.

“Wayne is the perfect addition to our leadership team as we consider the additional strategic opportunities this funding brings us,” said Luis Derechin, CEO of JackBe. “Wayne will be an invaluable resource for our company. I look forward to working closely with him as he evaluates our market position and aligns JackBe with strategic growth initiatives.”

“JackBe has emerged as a highly regarded thought-leader in the rapidly growing Enterprise Mashup category and I am very excited about the opportunity to work with some of the most creative minds in the Web 2.0 revolution,” said Wayne Jackson. “Their Presto Enterprise Mashup Platform is unrivaled in its ability break down information silos and improve enterprise decision-making. I look forward to working closely with Luis, his management team and board members as JackBe builds on its impressive momentum.”

About JackBe

JackBe delivers trusted mashup software that empowers organizations to create, customize and collaborate through enterprise mashups for faster decisions and better business results.  Our innovative Enterprise Mashup platform, Presto, provides dynamic mashups that leverage internal and external data while meeting the toughest enterprise security and governance requirements.  Presto provides enterprise mashups delivered to the user in 3 clicks versus 3 months.  For more information, visit www.jackbe.com.