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Mavenlink Expands Board of Directors with Addition of Two SaaS Industry Veterans

New board members to advise on expansion strategy for Mavenlink’s rapidly-growing SaaS business

Irvine, Calif., (July 30, 2014) -- Mavenlink today announced the addition of two accomplished executives to its Board of Directors: Steve Unterberger, Chief Technology Officer at Carrick Capital Partners, and Richard Campione, President of the Cloud & Business Intelligence Division at ServiceSource. The two leaders bring decades of experience in public and private technology companies to Mavenlink’s rapidly-growing SaaS business.

“We’re honored to have Steve and Richard join our board and their combined expertise will be invaluable,” said Ray Grainger, Mavenlink’s CEO and Founder. “Mavenlink is in a sustained high-growth period. Our mission is to reinvent how business is conducted in today’s networked economy. Richard and Steve will be instrumental in helping us achieve that goal.”

Steve Unterberger joins the Mavenlink board after serving as a company advisor since September 2011. Unterberger, prior to joining Carrick, co-founded and served as Chief Technology Officer at Exult Inc., a provider of business services related to human resources and business process outsourcing. Before Exult, he was a US Executive Vice President of SHL Systemhouse, a $2 Billion IT Outsourcer acquired by MCI in 1995. Unterberger was also a Senior Manager at Pricewaterhouse Coopers. He holds a degree in economics from The University of Pennsylvania.

Richard Campione is a 30-year technology industry veteran. He has held Senior Executive positions at Siebel Systems and SAP. Campione has strong technical and business experience in senior executive positions managing SaaS engineering, operations, marketing and sales organizations for Fortune 500, mid-sized and start-up technology companies. He presently sits on the board of directors for ServiceSource, Winshuttle and Biome Analytics. Campione holds a B.S. and a master’s degree in computer science and electrical engineering from Massachusetts Institute of Technology.

Mavenlink’s solutions for project-based businesses combine work management software and resource management software features with powerful financial tools and business analytics. Mavenlink’s tools integrate with Google Apps, Intuit Quickbooks, and other major SaaS platforms.

About Mavenlink

Mavenlink provides powerful software and services to help organizations conduct business online. Its cloud-based applications combine advanced project management software with resource planning, collaboration, and financial tools.

Mavenlink empowers businesses to better understand their productivity and take strategic action to improve profitability -- all in one place. The company partners with leading cloud platforms, including Google, Intuit, NetSuite, and Mavenlink is based in Irvine and San Francisco, California.

This press release includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for fiscal year 2015 and beyond could differ materially from the Company's current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events.

Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, general business and economic conditions beyond the Company's control, the consequences of competitive factors in the marketplace including the ability to attract and retain customers, results of continuous product improvement and other strategies, and the Company's success in attracting and retaining key personnel. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information, since these statements may no longer be accurate or timely.

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