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AnchorPoint Announces Management Change

Mar 19, 2008 - Framingham, MA - AnchorPoint, a leading provider of Telecom Expense Management (TEM) solutions, announces the appointment of Roger Challen as CEO and president. David E. Olsson, who is vacating this role, will continue to work with AnchorPoint as a board member providing support on key business development, strategic partnerships and strategies that enhance AnchorPoint’s existing TEM footprint and emerging market potential. As a founder who has been continually active with the firm, Challen brings operational continuity to the executive team.

“AnchorPoint has gained a distinguished customer base, industry awards and significant analyst recognition under Dave’s leadership,” declared Challen. “During his tenure as CEO, Dave launched AnchorPoint’s integrated wireline and wireless platform which include unique feature rich, fully integrated and modular solutions assuring management efficiency and data integrity. He has built a solution infrastructure with licensed software, managed services and consulting solutions designed to meet our customers’ unique TEM strategic management and operational requirements.”

“As we continue to grow, we look for ways to strengthen, deepen and focus our attention on solutions to meet our customer’s demands. These changes leverage the experience of our management team and improve our ability to achieve high levels of sustained performance by distinctively serving AnchorPoint customers,” said Challen.

As a founder and previous Chairman of AnchorPoint and a software industry innovator, Challen has a broad range of experiences with an active front row seat to the TEM industry and AnchorPoint innovations. “Roger is in a prime position to expand on AnchorPoint’s development,” Olsson stated. “In the face of increased business demands and our customers’ significant competitive challenges, Roger is uniquely positioned with exceptional business experience and industry expertise that will ensure that AnchorPoint's operational and customer objectives are maximized across the company."

Prior to AnchorPoint, Challen established outsourcing vendor Data Distributors, Inc.; served as Vice President of M&SD Corp., which was acquired by EDS; and held engineering and marketing positions at IBM.

Challen received Bachelor of Arts degrees in Economics and Mathematics from Yale University.

AnchorPoint Contact:
John Venditti | +1 508-628-4549 | john.venditti@mtsint.com

About Anchorpoint

AnchorPoint (www.AnchorPoint.com) is a leading provider of Telecom Expense Management Solutions that enable enterprises to gain visibility and control of strategic assets that drive key business processes and crucial competitive advantage. The company’s award-winning software, consulting and managed services solutions -- including integrated Invoice, Asset, and Usage Management and Business Analytics tools -- provide professionals at every level of the organization with rapid access to concise, actionable data. Armed with this knowledge, they can make smart operational and financial decisions that maximize the performance of core assets and services. From reducing costs and optimizing resources for superior ROI; from allocating budgets to ensuring regulatory compliance; from purchasing to payment; and everything in between, global leaders like BB&T, Pitney Bowes and AGFA rely on AnchorPoint for absolute control over bottom line results.