Filipowski Named to Bluestone Board

Bluestone Software Inc. announced that Andrew "Flip" Filipowski, former founder, President, Chairman and CEO of PLATINUM technology, inc. has joined Bluestone’s board of directors. "Flip took PLATINUM technology from its start-up status in 1987 to its position as the eighth largest software company in the world," said P. Kevin Kilroy, President of Bluestone Software. "Given Bluestone’s incredible growth rate over the past 12 months, Flip’s experience and expertise in understanding the public equity markets and leading world-class companies will be invaluable as we continue to expand and grow. Flip is perhaps one of the few visionaries with operational, as well as venture capital experience."

Added Filipowski, "Application servers are the heart of the online world, and Bluestone’s application server technology is vastly superior to that of its competitors. The company has already established a dominant position in the application server and XML arena, and Bluestone is well-positioned to take advantage of the incredible, ongoing demand for Internet and iCommerce applications." Filipowski currently serves as the President, Chairman and CEO of "divine interVentures" which develops businesses for the Internet Age. His investment experience includes StarMedia, YesMail, iGive, Perceptual Robotics, MotherNature.com, Andromedia, Liquid Audio, Whitman-Hart, House of Blues and Platinum Entertainment Inc.

At PLATINUM technology, Filipowski was responsible for day-to-day operations, including product and business development, marketing, sales, customer support and training. Filipowski was also responsible for setting long-term strategic direction and overseeing the PLATINUM technology executive team. In May of 1999, Computer Associates International Inc. acquired PLATINUM for $3.5 billion in the largest transaction in the history of the software industry.

For more information about Bluestone, call (609) 727-4600, or visit www.bluestone.com.

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