HighRoads Names Larry Whitman CFO

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Mon Mar 31, 2008 10:00am EDT

Seasoned High-Tech Executive Supports Aggressive Growth Strategy
BOSTON--(Business Wire)--
HighRoads, the company giving human resources (HR) teams control
over the benefits that employees value, has appointed Larry Whitman as
its chief financial officer and vice president of finance.

   Whitman brings 25 years of experience and a proven record of
fast-tracking technology companies' growth. He has successfully raised
funds, managed acquisitions, driven public offerings and consistently
grown Boston-area high-tech companies from pioneers to market leaders.

   His leadership ensures that HighRoads has the resources, systems
and processes to meet surging customer demand for its innovative HR
management solutions.

   "Larry's experience will ensure we're strong operationally - a
necessity to delivering value to customers," said Michael Byers,
HighRoads president and COO. "We're seeing exciting growth and Larry
will play an important role in helping us capture the opportunity."

   HighRoads helps large employers offer innovative and affordable HR
programs, including benefits, by effectively managing vendor
performance, plan procurement and renewals, and summary plan
descriptions (SPDs). Its managed service shaves millions off annual
healthcare tabs by centralizing HR information - including plan
designs, pricing models, supplier performance guarantees, SPDs and
contracts - for efficiency, control and compliance.

   Whitman joins HighRoads from Colubris Networks where he was part
of a team that more than tripled the wireless networking start-up's
revenue. He was also a key contributor to Shiva Corporation during
that company's growth from $20 million to $200 million and its
successful IPO.

   "HighRoads ends the tug-of-war between benefits quality and cost -
it offers a compelling proposition that's attracting a lot of deals,"
said Whitman, who will report to Byers. "I'm excited to contribute to
an organization with the right mix of technology, talent and
opportunity for real success."

   About HighRoads

   HighRoads, Inc. (www.HighRoads.com), the new way of managing HR
programs, suppliers and information, improves the employee experience
while dramatically reducing costs for large, complex organizations.
HighRoads has automated HR processes for more than 100 Fortune 500
employers along with 700 of their vendors, consultants and outsourced
administrators. Clients include some of the world's largest companies,
such as General Dynamics, Honeywell, IBM, Kraft, Staples and Textron.
Founded in 1999, HighRoads is a privately held company headquartered
in Woburn, Mass.

HighRoads Company Contact:
Lori Dustin, 781-503-4030
ldustin@highroads.com
or
HighRoads Media Contact:
Kristen Waples, 617-969-9192
kwaples@corporateink.com

Copyright Business Wire 2008
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