CNH Holdings Company dba Cistera Networks (OTCBB:CNHC), a leading platform provider for advanced IP phone applications in the IP Telephony environment, today announced that its Board of Directors has named A. Katrina Roche as Chief Executive Officer. Roche will assume her CEO responsibilities immediately. Derek P. Downs, who has been with the Company since its inception, and has been President and interim CEO since June 2004 will continue to serve as President of Cistera Networks. "It has always been our plan to bring in a high-level executive for the CEO role when the time was right," commented Downs. "We have worked hard to make sure the company was poised to take advantage of the growing market opportunity, and the board believes that now is the time to move forward with filling the position. Katrina clearly brings the experience we need on the leadership team to take the company to the next level. Her addition will allow the executive team to once again focus on the daily operations of the business and to support our growing demand, in both the U.S. and international markets." Roche is a highly accomplished business executive with 20 years of experience in building and running global operations. Ms. Roche, 42, was most recently CEO in Residence, at the private equity firm, Kleiner Perkins Caufield & Byers (KPCB). Prior to KPCB, Ms. Roche was the President and Chief Operating Officer of Evant, a private technology company providing supply chain and merchandise planning solutions to retailers. Ms. Roche began her career in sales and marketing at Philips NV. In 1988, Ms. Roche joined the enterprise software industry with a position at a reseller of System Software Associates and continued on to found and lead Cygnus Technology, at the time, a leading implementation services firm, focused on SAP and Baan Enterprise Resource Planning projects. Ms. Roche left Cygnus in 1998 to join Baan NV, in the Netherlands, where she was Baan's General Manager for Supply Chain and was later promoted to the Company's Chief Marketing Officer. She left Baan with the sale of the Company to United Kingdom based, Invensys PLC. After Baan, Ms. Roche assumed responsibility as Chief Marketing Officer for i2 Technologies, where she was responsible for strategy, global marketing, and product marketing. "With well over 200 systems installed, Cistera Networks is the clear leader in applications to support Enterprise Voice over Internet Protocol (VoIP), a market that is still largely untapped, offering a very significant opportunity for growth," said Katrina Roche. "Over the past six years, Greg Royal, the Chief Technology Officer and Executive Vice President, and the team at Cistera have clearly built a strong industry-leading company, and a fantastic set of applications. I believe they are poised to take the next step. I am excited to work closely with the leadership team, the Board, and Cistera's talented employees to expand the company's VoIP leadership to the next level of growth and maturity." Katrina Roche serves on the boards of Evant Inc. and San Francisco School Volunteers, a 42 year old non profit organization with the mission of improving public school education through community involvement. Ms. Roche is also involved in several organizations and initiatives with goals to find a cure for brain cancer and other forms of brain disease. About CNH Holdings Company (dba: Cistera Networks) Cistera Networks designs, develops and markets XML-based application appliances utilized in IP Communications environments. The Cistera ConvergenceServer(TM) combined with a suite of advanced IP phone applications, enables the integration of voice, video and data into the network infrastructure (www.cistera.com). This release may be deemed to contain forward-looking statements that are subject to the safe harbor provisions of the Private Litigation Reform Act of 1995. These forward-looking statements include, among other things, statements regarding future events and the future financial performance of CNH Holdings Company that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to the documents filed by CNH Holdings Company with the SEC, specifically the most recent reports on Form 10-K and 10-Q, each as it may be amended from time to time, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.
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