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Transitive Appoints Bob Wiederhold as President and CEO

Los Gatos, CA – January 27, 2003 –Transitive Corporation™, the leading provider of software that enables transportability of software platforms across CPUs, today announced the appointment of Bob Wiederhold to the position of President and Chief Executive Officer (CEO). Former President and CEO, John Graham, will continue with the company as its Vice President of Worldwide Sales.

“Bob Wiederhold’s track record is impressive and he is widely known and well respected,” said Chairman of the Board, Dr. Peter van Cuylenburg. “Bob joined Transitive over several other opportunities based on his belief that the company’s technology will have a revolutionary impact on the development and propagation of major software platforms.”

Wiederhold brings more than 20 years of high technology experience to the company. Until 2001, Wiederhold served as President and CEO of Tality Corporation, the worldwide leader in electronic design services, whose revenues grew to almost $200 million and had 1,500 worldwide employees. He also held several executive general management positions at Cadence® Design Systems, Inc., an electronic design automation company, which he joined in 1985 as a small start-up and helped grow during his 13 years at the company. From 1993 through 1996, Wiederhold also headed High Level Design Systems, a successful electronic design automation start-up that was acquired by Cadence in 1996. Most recently, Wiederhold served as an Entrepreneur in Residence at Benchmark Capital, a leading venture capital firm in Silicon Valley.

“The technology Transitive has developed is impressive and has the potential to revolutionize software platform development by allowing platforms and applications to be easily migrated to new CPUs,” said Wiederhold. “Many companies are facing extremely difficult strategic decisions with respect to moving to new CPUs. I’m excited about introducing our technology to these companies and rapidly growing our business.”

About Transitive Corporation

Transitive Corporation is a pioneer and leader in providing solutions that allow the transportability of software applications across multiple hardware platforms. The company’s hardware virtualization technology allows software applications that have been compiled for one processor/operating system to run on another without any source code or binary changes and at speeds comparable to native ports. The technology dramatically reduces software developers’ cost, risk, and time-to-market of supporting multiple hardware platforms and makes significantly more software available on hardware platforms. Transitive Corporation is located in Los Gatos, California with a research and development team in Manchester, England. For more information, please visit the Transitive’s website at http://www.transitive.com

Transitive, QuickTransit and the Transitive logo are registered trademarks of Transitive Corporation and/or its affiliates in the United States and other countries. All other company and product names may be trademarks of their respective owners.

“ The advantages of the virtualization trend are many and varied, but many datacenters may be forced to launch multiple virtualization strategies or expensive porting projects to account for the multiple platforms they maintain. Cross-platform virtualization eliminates this obstacle, allowing datacenters to take a single, simple approach to virtualization that delivers the maximum benefits from initiatives related to server consolidation, disaster recovery, energy efficiency, and legacy migration. By enabling immediate software migration to chosen strategic server platforms, we believe that Transitive can help eliminate much of the difficulty and expense that companies face when upgrading hardware.”

Tony Iams
VP and Senior Analyst
Ideas International