JCube Names Former Peregrine Executives

Sam Melehy and Jeff Hofstetter to Lead Consulting Business Unit

SAN DIEGO, 20020904 -- JCube Corporation, a global, privately held technology company based in San Diego today announced a major reorganization, splitting its software and services business into separate operating units. In conjunction with this reorganization, JCube announces the appointment of Sam Melehy and Jeff Hofstetter as Managing Partners of JCube Services, the Professional Services Business Unit of JCube Corporation.

"I have known and worked with Sam Melehy and Jeff Hofstetter for many years, and believe that they bring a level of experience and expertise to JCube that will serve it well as we continue to deliver broad solutions to the IT industry on a worldwide basis," said Adam Sullivan, President and founder of JCube Corporation. "With Mr. Melehy and Mr. Hofstetter on board, we are confident in furthering our leadership in the infrastructure management consulting market."

Mr. Melehy has more than 17 years experience in software and consulting, including over nine years of service with Peregrine Systems, a publicly traded global software and services company based in San Diego, California. Mr. Melehy served in various executive leadership positions at Peregrine including Vice President of Worldwide Professional Services, Vice President of Technical Services EMEA and Vice President of Operations for the Xanadu Business Unit.

"I look forward to working with Adam Sullivan and Jeff Hofstetter, as we position JCube to provide solution-based, world class consulting services," Mr. Melehy stated. "We also look forward to continuing our long standing commitment to support of the Peregrine product suite."

Mr. Hofstetter has more than 20 years experience in software and consulting, including 10 years of service with Peregrine Systems. Mr. Hofstetter most recently served as Vice President of North American Professional Services for Peregrine. "I am excited about this new opportunity. With the JCube management team having over 30 years of combined Peregrine product consulting and implementation experience, we are uniquely qualified to address the needs of Peregrine's current and future customer base" stated Mr. Hofstetter.

For more information, visit the JCube web site at www.jcube.nl or send inquires to info@jcube.nl

About JCube
Founded in 1996 and headquartered in San Diego, California, JCube is a leading provider of consulting and software solutions for the Infrastructure Management marketplace. The company provides a broad range of solutions including IntraFlow®, a customization tool for Peregrine's ServiceCenter® which can cut implementation effort by up to 50%. JCube also develops and markets the IntraPalm® product line, which is focused on integration of handheld devices and other systems using its IntraBUS® technology. JCube also offers a wide spectrum of consulting services, including IT ROI, project management, application implementation, system integration, and business consulting. The company has offices in Italy, Holland and Brazil. IntraPalm, IntraFlow and IntraBUS are registered trademarks of JCube Corporation.