Software Industry Executive J. Alex Fernandez joins HighRadius Board of Advisors

HOUSTON - January 28, 2008 – HighRadius Corporation, (http://www.highradius.com), a Houston-based provider of Vendor Compliance Management (VCM) solutions, is pleased to announce the appointment of software industry expert J. Alex Fernandez to the company's Advisory Board. Alex is a 20-year software industry veteran with in-depth experience in information technology sales and marketing. Currently Alex serves as the President of Acorn Systems, a costing and profitability solution software vendor.
 
At Acorn Systems, he is responsible for leading the sales, implementation services and marketing functions. Prior to joining Acorn, he served in several senior sales and general management positions with Scalable Software, BMC Software and Cybernetics Systems. While at BMC, he was responsible for leading four of the largest transactions in BMC's history, totaling $320M. He also held various sales and senior field management positions during a fourteen-year career with IBM, where he became one of IBM's first Professional Services Branch Managers. Alex received his B.B.A. in Management Information Systems from the University of New Mexico.
 
"I've been impressed with HighRadius since my first introduction," said Fernandez. "With the ongoing rapid pace consolidation of the software market, customers are more keen on leveraging their existing large-scale ERP platforms than embarking on a implementation with another independent enterprise software vendor. HighRadius has a unique business model to address this need by clearly complimenting existing ERP foot-prints".
 
"Alex brings tremendous software industry knowledge to our company. His expertise in developing and scaling sales and marketing organizations, will be invaluable as our company continues its rapid expansion. We look forward to his guidance and assistance in the months ahead," said Sashi Narahari, President & CEO of HighRadius Corporation.

About HighRadius Corporation
HighRadius provides Vendor Compliance Management (VCM) solutions to enable companies to proactively control order-to-cash discrepancies and accelerate dispute settlements. HighRadius solutions complement and extend ERP systems such as SAP by bringing all the information and processes relating to internal departments, service providers such as transportation carriers and customer interactions into a single eco-system to process deductions. HighRadius financial automation solutions enable companies to significantly reduce day’s sales outstanding (DSO), minimize write-off's, lower operating and administrative costs and ensure SOX compliance via accurate revenue prediction.