CIO of BEA to Bring Experience and Insight to Valaran BOD

PRINCETON, N.J. August 24, 2004 -- Valaran Corporation, a provider of light weight web services ready middleware that enables a plug and play experience for networked applications, announced today that Rhonda Hocker, senior vice president and chief information officer (CIO) of BEA Systems, Inc., has joined Valaran's Board of Directors. Rhonda brings to Valaran a strong background in information technology and global supply chain management. BEA Systems is a leading enterprise applications infrastructure software company.

“I am pleased to join Valaran's Board of Directors. The company's commitment to service oriented architecture and innovative solutions for distributed applications and web services connectivity, makes it an attractive and important company of which to be part,” said Ms. Hocker.

As CIO of BEA, Hocker is responsible for the development and execution of the BEA information technology strategy which focus on deploying Internet business solutions and highly integrated enterprise business solutions. Ms. Hocker also defines future IT architecture and system infrastructure for the company. Prior to joining BEA, Ms. Hocker was vice president of ERP implementation and supply chain reengineering at Agilent Technologies, Inc. She also worked at Hewlett-Packard for 18 years where she held several management roles within information technology management, high technology manufacturing and distribution and personal computer supply chain management.

“I am pleased to welcome Rhonda to Valaran's Board of Directors. She is a noted industry proponent of service oriented architectures, the architectural focus of Valaran since it was founded,” said Darrell Jennings, president and CEO of Valaran.

The search was conducted by Taylor Winfield, Inc.

About Valaran Corporation
Valaran Corporation provides business process and network integration software. The Valaran(TM) solution enables customers to dynamically model, implement and manage distributed business processes across applications and networks. V-aerial software is a distributed infrastructure that unites design, implementation and measurement of business processes. It creates an end-to-end view of a customer's entire business operation. This product suite integrates applications, network elements and devices, while leveraging existing assets to provide a strategic platform for business evolution. For more information on Valaran Corp., visit www.valaran.com or call 866/716-7200.

About Taylor Winfield. Inc.
Established in 1987, Taylor Winfield has been instrumental in building billions $$ in market value within the high technology industry, via retained executive search and strategic business development.

Through key relationships with premier venture capital firms, maturing client companies, and their executive network of visionary industry leaders, Taylor Winfield has conducted searches to create hundreds of high tech core management teams in enterprise software (applications & infrastructure), wireless, networking, computer hardware, services, and semiconductors.  For more information, please visit www.taylorwinfield.com.