Andre M. Boisvert to Join Sagent Board of Directors; Former SAS Institute President and Business...

Business Editors & High Tech Writers

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 1, 2001

Sagent (Nasdaq:SGNT), a leading provider of Business Intelligence solutions, today announced that Andre M. Boisvert has joined Sagent's Board of Directors. Mr. Boisvert, former SAS Institute president

"Andre is highly respected in the business intelligence industry worldwide," said Ben Barnes, president and CEO, Sagent. "He has brokered many key alliances and engineered the growth of several firms. He will be an invaluable asset to our board as we grow Sagent's business."

"I have always been impressed by Sagent's leading edge technology, but my enthusiasm for the company has grown exponentially since Ben joined the company as CEO," said Andre Boisvert. "When you combine the strength of the management team that Ben has assembled and the strength of Sagent's technology, one can only get excited about what returns are possible for both shareholders and customers alike."

With more than 25 years expertise in business intelligence that stems from his time at IBM, Cognos and SAS Institute, Boisvert has a track record of helping lead some of the industry's top business intelligence providers to the next level of growth. In addition to business intelligence, he has guided the strategic directions of important companies, such as Oracle Corp., where he was senior vice president of world wide marketing, and SEER Technologies, a joint venture between IBM and CS First Boston, where Boisvert played a pivotal role in bringing the company public in 1995. Today, Boisvert is an active participant as a limited partner in two leading East Coast technology funds and as a board member of several well-known software companies. In addition to these activities, Boisvert is a well-respected industry consultant and has consulted for such industry heavyweights as Microsoft Corp.

About Sagent

Sagent's suite of Business Intelligence solutions enables companies to measurably impact their business by implementing highly successful customer relationship and financial management initiatives. Through Sagent's powerful enabling technologies, organizations can easily and rapidly turn company data into relevant information that can be used for effective decision-making, analysis and reporting. Information can be extracted from multiple sources (internal and external), optimized for decision support and delivered in a customized format for Web-based or client applications. Even the most complex analytic application can be developed in weeks, not months.

More than 1,500 companies have selected Sagent software to enhance customer retention, cross-sell/up-sell, improve customer service, increase efficiencies of marketing campaigns, streamline business operations, analyze financials, and reduce costs. Customers include AT&T, BP Amoco, Boeing Employees Credit Union, Bristol Meyers, British Telecom, California State Automobile Association, Citibank, GPU Energy, Hughes Aircraft Employees Federal Credit Union, Johnson & Johnson (UK), Kemper National Insurance, Provident Central Credit Union, Safeway and Siemens. Sagent retains strategic relationships with partners such as Advent, Commerce One, Compaq, EDS, IBM, Microsoft, NEC and SAS. Sagent is headquartered in Mountain View, California, and can be reached at www.sagent.com.

Sagent is a registered trademark of Sagent Inc. All other trademarks are the property of their respective owners.

Safe Harbor

The foregoing paragraphs include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements involve risks and uncertainties. For such statements, each company claims the protection of the safe harbor for forward-looking statements under the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ from those contained in the forward-looking statements include, among others, the ability of the parties to attract and retain a broad range of purchasers, suppliers and trading partners, the parties' ability to successfully deliver a joint solution to customers, the anticipation of the growth of certain market segments, the positioning of the parties' products in those segments, the competitive environment in the software industry, dependence on other products, changes to operating systems and product strategy by vendors of operating systems, and the importance of new products. For a discussion of these and other risk factors that could affect the parties' businesses, see "Risk Factors" in each party's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2000, and its quarterly report on Form 10-Q for the quarter ended December 31, 2000.