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iContracts Announces Todd Venetianer as Chief Operating Officer

Three Bridges, NJ, September 30, 2008 – iContracts, a leading provider of solutions for managing corporate commitments, today announced that Todd Venetianer has joined the company as Chief Operating Officer.

Mr. Venetianer will be responsible for driving the overall operations of the company which include sales, services and support. He joins iContracts with over 20 years of experience in the software and services industries, with an extensive background in Life Sciences. “The addition of Todd to iContracts’ leadership team is another huge step forward toward further accelerating our rapid growth and insuring the highest level of satisfaction for our customers. He brings extensive leadership experience and a passion for success in deploying world-class solutions,” said Eric Sieverding, President of iContracts.

Todd joins iContracts after spending the past 7 years as an executive at Life Science software companies Edge Dynamics and I-many, Inc. His prior experience also includes senior management positions with services firms Deloitte Consulting, Sapient and Accenture. Todd holds a Masters in Business Administration and Bachelor of Computer Science from Washington University in St. Louis.

Mr. Venetianer remarked, “My attraction to iContracts was driven by a shared vision of providing a comprehensive suite of solutions for the Life Sciences industry that are enterprise-class and can be easily deployed without complicated implementations and excessive fees – characteristics that are clearly absent from alternative solutions available to the market at present. I look forward to joining a great team and building iContracts with a clear focus on always doing what is best for our clients.”

About iContracts
iContracts delivers solutions for managing contracts that are faster, easier and less expensive to implement. This mantra is reflected in everything we do. Our software is far ahead of other solutions. Powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by learning just two simple, reusable views and is backed by highly evolved data architecture – built by technologists with considerable and unique experience in building contract management solutions for the Life Sciences industry. This deep understanding and straightforward approach shows in everything we do. iContracts’ comprehensive suite of solutions manages all aspects of a Life Science company’s chargeback, rebate and Medicaid processes as well as other incentive agreements and Government Pricing compliance at all levels. Our solutions are enterprise-class and can be easily integrated with any off-the-shelf or custom system to meet exacting business requirements without the army of consultants and endless fees associated with other products and providers. For more information, please visit www.icontracts.com.

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