Wallace Joins Asentinel as Vice President of Global Support

Telecom Veteran Offers Technical and Project Management Experience

MEMPHIS, Tennessee, September 16, 2004 - Cynthia Wallace has been named the vice president of Global Support for Asentinel, a Memphis-based telecom expense management software company, announced CEO David C. Perdue today.

With more than 20 years of voice and data experience, Wallace will lead Asentinel's project management and customer support teams. Prior to joining Asentinel, she was the director of IT initiatives for The ServiceMaster Company. She was promoted to that position from director of Enterprise Telecommunications. Wallace also served as vice president of Corporate Telecom for Union Planters where she managed the organization's $40 million telecom budget.

"Cindy's extensive experience in telecom adds depth to our capabilities at Asentinel," said Perdue. "We pride ourselves on customer service and her detailed knowledge of the industry will help our clients realize the benefit of our software to the fullest extent."

Wallace is a certified Project Management Professional from the Project Management Institute and also has a Six Sigma Green Belt Certification. She is a former president of the Mississippi Telecom Management Association and vice president of Finance for the National Users Group of Siemens Communications Systems.

Based in Memphis, Tennessee, Asentinel is the developer of a patent-pending telecom expense management software package. The Web-based software has more than 40 cumulative years of development behind it and provides a cost-saving automated solution benefiting enterprise organizations. With sales on track to triple this year, Asentinel's growing client list includes Fortune 1000 companies and government entities.