Razorsight Adds Industry Veterans to Leadership Team

Michael Bunyard and Deborah Balducci Join Company

Fairfax, VA - May 12, 2008 - Razorsight Corporation, the market-leading provider of on-demand financial business intelligence solutions for communications, media and entertainment companies, today announced the strategic additions of Michael Bunyard as vice president of marketing and Deborah Balducci as executive director of client services and customer delivery. Mr. Bunyard brings over 20 years of product management and marketing expertise to Razorsight while Ms. Balducci adds 15 years of large scale enterprise resource planning (ERP) project management and professional services experience.

“As Razorsight grows and sets new industry standards, we look forward to utilizing the unique talents of Michael and Deb to expand our operations and continue to provide our customers with the world-class applications and architecture needed to optimize network cost and revenue management,” said Charlie Thomas, CEO of Razorsight. “Their extensive knowledge and track records of success are the perfect complement to our seasoned management team and will further solidify our industry leadership position.”

In his role as vice president of marketing, Mr. Bunyard is responsible for managing Razorsight’s product innovation and global distribution strategy. Prior to Razorsight, Mr. Bunyard was senior director of products at Fiserv Corporation where he was responsible for the company’s fraud mitigation solutions. Mr. Bunyard has also held the positions of vice president of marketing at Voyence, a network configuration management software vendor recently acquired by EMC, and vice president of product management at MetaSolv, later acquired by Oracle. Mr. Bunyard attended St. Mary’s College in California where he earned an MBA. He also holds a B.S degree in Computer Information Systems from DeVry. 

As executive director of client services and customer delivery, Ms. Balducci is responsible for the management of domestic and international professional services and customer delivery. Before joining Razorsight, Ms. Balducci was a project management consultant serving clients which included Avaya, Autodesk, and United Launch Alliance. She previously held the position of director, IT internal audit at TeleTech Holdings, a leading global business process outsourcing company. Ms Balducci was also a key member of the Global Leadership Team at PricewaterhouseCoopers in the SAP Security and Controls Practice, working with many high technology and telecom SAP customers. Ms Balducci earned both her CPA and a BSBA in Accounting at the University of Missouri – St. Louis.

About Razorsight

Razorsight Corporation is the market leader in on-demand financial business intelligence solutions for Communications, Media and Entertainment companies.  Razorsight’s Software-as-a-Service (SaaS) solutions automate payables processes with zero touch by eliminating all paper and manual processes, while providing automated workflow and powerful auditing and analytics of cost and revenue data. Razorsight’s solutions ensure CSPs will realize the maximum Network Cost Score™ - a unique performance metric created by Razorsight to benchmark how Communications Services Providers balance the blend of internal staff costs, systems and third party providers to obtain the lowest possible network costs.

Razorsight has dramatically transformed the way communications companies process, manage and reach optimal performance for cost and revenue management. The highly scalable, web-based AIM Platform is easy to implement, requires no capital investment and has helped Razorsight customers realize documented savings of several hundred million. Razorsight solutions are used by industry leaders such as Verizon, Time Warner and Comcast, as well as by small and medium sized carriers such as Neutral Tandem and Globalcom to audit and analyze more than $50 Billion in annual spend. Razorsight’s marquee customer base is a testament to the company’s innovation and customer focus.

Razorsight is based in Fairfax, VA and has offices in St. Louis, MO and Bangalore, India. For more information about Razorsight, visit: www.razorsight.com.

CONTACT:

Razorsight:
Nilanjan Ray
Director of Marketing
nilanjan.ray@razorsight.com
www.razorsight.com

Welz & Weisel Communications:
Chris Leach
703-218-3555
chris@w2comm.com