SolArc Announces Mike Snow as VP Product Development

HOUSTON--(Business Wire)--
SolArc (www.solarc.com), a global provider of commodity supply, trading and risk
management software solutions, today announced the addition of Mike Snow as Vice
President, Product Development. In this role, Snow will oversee day-to-day
product development operations, while also being directly involved in delivering
the company`s product vision and roadmap.

"Mike is a seasoned software development executive with a solid track record for
bringing new products to market and managing profitable, proven enterprise
software lines," said Brad Anderson, SolArc CEO. "SolArc`s vision and strategy
for our products has never been stronger, and Mike`s combined leadership,
operational and technical capabilities will provide our exceptional engineering
team with the strategic focus needed to rapidly execute that vision."

With more than 30 years of experience, Snow has a successful record of
effectively managing multi-location development organizations and delivering
enterprise products to market. Prior to SolArc he served as Senior Vice
President of Development and CTO of Sunquest Information Systems. Before
Sunquest, he served in a number of strategic roles including Senior Vice
President of Development at Carreker Corporation and Quantra Corporation, and
several senior leadership positions, including CTO at Hogan Systems (acquired by
CSC).

According to Cynthia Haynie, SolArc CTO, "The addition of Mike continues the
strategic evolution of the company and supports our objective to provide
market-leading solutions that meet our customers` needs. Our engineering team is
positioned to execute with greater speed, agility and precision than ever
before, and Mike`s oversight of day-to-day development operations will enable us
to continue to sharpen our focus on engineering initiatives that align with our
corporate goals."

About SolArc

SolArc, Inc. is a global provider of commodity supply, trading and risk
management solutions for leading companies in commodity-intensive markets.
SolArc`s integrated software solution offers customers greater insight and
control over their complex commodity supply and trading environments, delivering
increased operational effectiveness and profitability at lower risk.

Since 1991, SolArc has become a trusted solution provider for an international
clientele of more than 60 leading corporations across a range of vertical
industries, including energy, transportation, finance, aviation, agriculture and
consumer goods around the globe. SolArc is headquartered in Houston and has
offices in Tulsa, Dallas, London and Singapore. For more information, visit
www.solarc.com.

SolArc, Inc.
Tami Greenlee, 713-260-5151
tgreenlee@solarc.com

Copyright Business Wire 2009