August 18, 2003   |   [Business Wire] — Metreo today announced the appointment of industry veteran Jeff Miller to its advisory board. Metreo continues to expand its strategic advisory board, which is comprised of respected business and technology leaders and is focused on defining and driving the strategic direction of the company. Miller's appointment to the Metreo advisory board underscores Metreo's commitment to building its business, stellar execution and long-term success.

"Jeff led Documentum from an early stage enterprise software start-up to a successful and innovative technology leader with revenues exceeding $200 million. We look forward to leveraging his deep knowledge and market strategy expertise in guiding Metreo to its next stage of growth and success," said Daphne Carmeli, Metreo chief executive officer and founder. "We welcome Jeff to our advisory board with great pride."

"Global enterprises are increasingly facing shrinking profit margins and greater demands to improve their bottom line," said Jeff Miller, chairman of Documentum. "Metreo's pricing solutions are gaining traction in the emerging price optimization space as these enterprises realize dramatic revenue and margin improvements through smarter pricing. Metreo is well positioned to capitalize on this important emerging market and I am excited to work with Metreo through its next stage of growth."

Under Jeff's leadership Documentum became one of the fastest growing technology companies in the country, with year 2000 revenues of approximately $200 million. As CEO, from 1993 to July 2001, he was responsible for day-to-day operations in addition to strategic planning and direction. Now as chairman of the board, Jeff focuses on strategic planning and leadership development. He has more than 30 years of high tech experience, having started his career at Intel and holding senior marketing and general management executive positions at Cadence Design Systems and Adaptec. Jeff holds a Masters of Business Administration and degrees in Electrical Engineering and Computer Science from the University of Santa Clara.

In addition to Jeff Miller, Metreo's advisory board includes:

• Larry Bohn: Venture Partner, General Catalyst Partners; Former chairman, CEO, & president of NetGenesis.
• Kevin G. Coleman: Former Chief Strategist Netscape division of AOL iPlanet
• Tim Guleri: General Partner, Sierra Ventures; Former CEO Octane Software
• Steve J. Savignano: CEO Ketera Technologies
• Ben T. Smith: CEO Spoke Software; former Vice President, A.T. Kearney-Silicon Valley
• Christos H. Papadimitriou: C. Lester Hogan Professor of Computer Science, UC Berkeley
• Hector Garcia-Molina, Ph.D.: Chairman, Department of Computer Science, Stanford University

About Metreo's Solution
Metreo is the first company to offer an integrated price planning and execution solution to manufacturers, distributors, and service providers. With Metreo's solution, a company can set segmented price targets that optimize margin based on critical business drivers. It can then execute those prices across all channels, maintaining margin targets throughout the negotiation process.

About Metreo
Metreo Inc. is a leading provider of price optimization software. Through Metreo's Integrated Pricing Solution, global corporations are achieving significant profit improvement through better pricing decisions and disciplined price execution. Metreo is the only company to offer an integrated pricing application suite that ties price execution, analysis and planning. Metreo's solutions provide optimal prices that maximize business objectives in every segment, create an evaluation & decision framework for guided negotiation, and then adapt company pricing to changing business opportunities and customer buying behavior. Metreo's customers include industry leaders such as DHL Worldwide Express, Eaton Corporation, General Electric, and Honeywell. Metreo is located in Palo Alto, Calif. More information can be found at www.metreo.com.

AlwaysOn, LLC, is a privately held and virtually headquartered company born out of the heart of Silicon Valley.