Industry veteran to lead Lontra’s expert team of ITSM and ITFM practitioners

Redwood City, CA – October 6, 2006 – Lontra, Inc., provider of Service Catalog Solutions, announced today the appointment of industry veteran, Mark Panthofer, to the role of Vice President, Professional Services and Product Development. The addition to Lontra’s executive team is a huge milestone for the organization and demonstrates it’s commitment to providing innovative, top-level service to its customers.

“Mark’s impressive track record for consistently delivering best in class products and services to his customers will bring a lot of value to our organization,” said Lontra Founder & CEO, Boris Pevzner, “We are delighted to have such a respected veteran join the Lontra team.”

Panthofer brings more than 20 years of service delivery experience to Lontra. Before joining the company, Mark served as Vice President of Professional Services for NVISIA, an enterprise application architecture firm based in Chicago. Prior to NVISIA, he held technical leadership roles with companies including Northwestern Mutual, Metavante and Lakewood Technologies.

“Getting optimal value from a Service Catalog solution requires a critical blend of both expertise and automation – helping customers to formulate the right blend for the quickest path to an effective service catalog has to be our core purpose of a Professional Services organization,” said Panthofer, “Lontra has assembled a world-class team of experienced practitioners who possess not only deep subject matter expertise, but also a deep commitment to serving our customers by supporting them until they reach their goals, and I’m thrilled to join their ranks.”

About Lontra, Inc.

Founded in 2005, Lontra provides the first and only Service Catalog Solution that features IT Financial Management and Demand Planning solutions built around an actionable IT Service Catalog. Lontra’s solutions help IT align their services to the needs of the business, manage and control IT spend, better plan for future demand, and increase overall customer satisfaction. The company is venture funded and headquartered in Redwood City, CA. For more information, visit www.lontra.com, or call (877) LONTRA1.