Jim Baum Joins Newforma Board of Directors

Former Netezza and Endeca President and Chief Executive Brings Rich Business Execution Experience to the Industry-Leading PIM Software Company

MANCHESTER, NH--(Marketwired - Oct 29, 2013) - Newforma, a project information management (PIM) software company integrating people, projects and processes to transform building and infrastructure project delivery, announced today the appointment of Jim Baum to its board of directors. Baum's background as president and chief executive officer of two fast-growth companies includes M&A (mergers and acquisitions) and IPO (initial public offering) experience.

Jim Baum is a former president and chief executive officer of data warehousing and analytics company Netezza Corporation. Baum led the 2010 sale of Netezza to IBM. Prior to Netezza, Baum was the president and chief executive officer of data-management software company Endeca Technologies, subsequently acquired by Oracle Corporation. Before Endeca, Baum served in various positions at Parametric Technology Corp., ultimately rising to executive vice president and general manager.

Baum holds a bachelor of science degree in mechanical engineering from Worcester Polytechnic Institute (WPI), and a master of science degree in engineering from Rensselaer Polytechnic Institute. Today, Baum is a trustee of Worcester Polytechnic Institute. In 2011, he won WPI's first Innovator of the Year Award for his achievements discovering, developing, and commercializing breakthrough technologies.

In addition to the Newforma board, Baum is a director of Jibe and EnerNOC.

"As we continue to increase Newforma's presence in the AECO market, Jim brings rich operating experience to help us meet the challenges of a rapidly scaling company," said Newforma Chief Executive Officer Ian Howell. "Working together with the other members of the Newforma board of directors, comprising Rich D'Amore, Lou Volpe, Jesse Devitte, Joseph Esposito and Norbert Young, Jim will provide first-hand advice and guidance to our leadership team on how to successfully scale for growth."

About Newforma
Newforma develops, sells and supports project information management (PIM) software for architecture, engineering, and construction firms worldwide, and the owners they serve. Newforma is the first industry-focused and integrated solution to connect firms to each other, to their project information, to their processes, and to remote team members, all for the purpose of more successful project delivery. Firms in the Newforma Project Network are using Newforma software to manage information on more than one million projects, raising productivity, reducing exposure to risk, strengthening their brands, and freeing time and attention to focus on design, construction, and client service. For more information about Newforma, visit www.newforma.com, or phone +1 603-625-6212.

© 2013 Newforma, Inc. Newforma is a registered trademark of Newforma, Inc., in the United States and in other countries. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.

Contact Information:

Kelly Murray

+1 978-660-1716

Jim Baum