Monday March 18, 8:33 am Eastern Time

Press Release

SOURCE: Zope Corporation

Zope Corporation Promotes Three Key Executives

Rob Page, Paul Everitt and Brian Lloyd Fill New Roles

FREDERICKSBURG, Va., March 18 /PRNewswire/ -- Zope Corporation, the leader in open source content management, custom solutions and developers of Zope(TM), the leading open source web application server, promotes three executives.

Effective immediately, Rob Page, President of Zope Corporation has accepted the additional role of CEO. Paul Everitt is Chief Strategy Officer and Brian Lloyd is Vice President of Engineering.

``Rob Page has done a remarkable job of guiding the company through the current challenging economic times,'' says Hadar Pedhazur, board chairman of Zope Corporation. ``While working closely with our customers, Rob has also focused the company on strategic key initiatives paving the way for tremendous growth. Most notable, is the company's expansion of Managed Hosting services, concurrent with our state of the art, custom content management solutions.''

``Paul Everitt leads the company's strategy initiatives,'' says Hadar Pedhazur,`` and is instrumental in articulating our vision externally. He communicates with the vast Zope Community, synthesizing and incorporating their ideas into Zope's products. Paul will report to the Board of Directors.''

``Brian Lloyd was the third employee of Zope Corporation, serving as a senior member of Zope's technical team for seven years,'' says Jim Fulton, CTO of Zope Corporation. ``Brian has been a leader whose deep understanding of customers' needs, coupled with his mastery of Zope, has inspired his associates and helped create our current success in client service and core software development.''

Brian continues to report to Jim Fulton who has overall responsibility for all technology at Zope Corporation. The PythonLabs division, headed by Guido van Rossum (creator of Python), continues to report directly to Jim.

About Zope

Zope is the leading open source application server, specializing in content management, portals, and custom applications. Since Zope Corporation introduced Zope as an open source product in 1998, it has become the platform of choice for content publishers, managers and application developers. Zope comes with complete source code, and no software licensing fees. There are over 20,000 developers around the world contributing to Zope, providing on-going support and enhancements. More information, including the Zope source code, is available at http://www.zope.com .

About Zope Corporation

Zope Corporation is the leading provider of enterprise content management solutions based on the open source Zope application server and its new Content Management Framework (CMF). Zope Corporation rapidly creates and deploys high-performance content management solutions that are scalable, reliable, and easily maintained. Source code is delivered with their systems, so clients have complete control over their software. Customers include Fortune 1000 companies, newspapers and other media, telecommunications firms, government agencies, the military, educational institutions and Internet businesses. Zope Corporation is backed by Opticality Ventures http://www.opticality.com . The company is headquartered in Virginia. For more on Zope Corporation and Zope visit www.zope.com .