San Francisco, CA, May 2, 2005 – Thoughtware Worldwide, LLC, announced today the appointment of Maria Louisa Hekker as Chief Operating Officer.

“We are excited to add Ms. Hekker to our team of seasoned professionals,” said Timothy A. Guyre, Chief Executive Officer of Thoughtware Worldwide.  “She brings much organizational, management and operational experience to the table, as well as a great deal of knowledge about the financial services and technology sectors.”

In her new position, Hekker will oversee all operational functions of the business around the globe, including legal, financial, human resources and administration.

Hekker served almost a decade as Chief Legal Officer and General Counsel of BARRA, Inc., a Berkeley-based financial services and technology company now owned by Morgan Stanley Capital International Inc. (MSCI).  Prior to joining BARRA, Hekker worked in the San Francisco and Milan offices of Graham & James LLP (now Squire, Sanders & Dempsey LLP), where she specialized in international corporate and securities matters.

Hekker is a graduate of Dartmouth College and holds a J.D. from the University of California, Hastings College of the Law.  She is a frequent speaker on a broad range of legal topics. She is also the author of several legal articles and of “Out of Options,” the first in a series of mystery novels about a corporate lawyer in a collapsing economy.  Hekker is a member of the Board of Governors of the University of California, Hastings College of the Law, and the Board of Trustees of The San Francisco School.

About Thoughtware Worldwide, LLC

A privately held company, Thoughtware Worldwide, LLC, is headquartered in San Francisco, California, and was founded in 2005 by Timothy A. Guyre and a team of leading experts to work with companies around the globe to audit and understand the value realized from their capital investment decisions. Thoughtware Worldwide delivers credible, comprehensive quantitative research and analysis that gives clients and their customers the means to make sound and insightful business decisions in today's volatile economic climate.

For more information about Thoughtware Worldwide, LLC, please visit www.thoughtwareworldwide.com.

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