Wednesday January 2, 8:15 am Eastern Time Press Release SOURCE: Starbase Corp. Starbase Names Jim Harrer President and COO Former Mustang Software Founder Appointed To Starbase Helm SANTA ANA, Calif.--(BUSINESS WIRE)--Jan. 2, 2002--Starbase Corp. (Nasdaq:SBAS - news), the leading provider of end-to-end collaborative products for the development and management of code and content for enterprise and e-business applications, today announced the appointment of Jim Harrer as president and chief operating officer, effective immediately. Harrer brings more than 15 years of industry experience, in founding, growing and leading technology companies to success and profitability. In his new position, Harrer will have complete responsibility for the leadership and management of Starbase operations and company execution. Harrer will also retain his position on the Starbase board of directors. Harrer assumes the position of president from William R. Stow III, Starbase's president and CEO for most of the past 10 years, who will remain active as chairman of the board and CEO, with a major focus on intensifying direct customer involvement in Starbase product strategy and company vision. ``The Starbase board of directors, based on my recommendation, initiated a search earlier this year that would bring to the company a results-driven leader and a proven track record of success in the software high-technology market,'' said Stow, chairman and CEO of Starbase. ``Jim's outstanding management skills in building successful teams and his ability to execute with a sense of urgency, purpose and operational efficiency will provide Starbase with the leadership that is required to bring the company to the next level through its anticipated stages of change and growth.'' Stow continued, ``Jim brings an intense commitment to profitability and ongoing earnings growth. I look forward to continuing in my role as chairman and CEO, spending much more time with customers and strategic partners.'' ``Bill's leadership and guidance through some very tough economic times helped to sustain Starbase's position in a market that has experienced great change,'' stated Harrer. ``I welcome the opportunity to work with a company that has developed market-leading products in an industry that is still growing dramatically. The potential for success here at Starbase is incredible and I believe I can help guide this company to profitability by increasing the operational efficiency in every department.'' ``To maximize the profitability of our recent acquisitions and therefore the company, one of my key roles is to ensure that our recent acquisitions are fully integrated and utilized, including the people, the technology and the customer base,'' added Harrer. ``I look forward to leading Starbase into the next phase of its growth and market leadership.'' Harrer has a broad range of operational experience in enterprise software development, professional services and customer relationship management. Prior to joining Starbase, Harrer was president and CEO of Web Associates Inc., an internet professional services company. Harrer managed a team of professionals working to create high impact Web sites for Fortune 1000 customers. As the founder, president and CEO of Mustang Software, Harrer was responsible for the company's sales, marketing and business development, becoming the leader in the e-mail management market sector and growing the company to profitability and beyond. About Starbase Starbase is the leading provider of end-to-end collaborative products for the development and management of code and content for enterprise and e-business applications. Collaboration is the simultaneous coordination, management and communication of geographically dispersed contributors of both code and content for enterprise and e-business applications. With 3,500 Starbase customers worldwide, the company's technology supports the continuous cycle of creating, linking and managing digital assets, which comprise complex e-business applications. Starbase products enable users with differing technical and functional backgrounds to collaborate on the production and management of Web sites and e-business initiatives from multiple locations. Companies and organizations, including leading corporations such as Chase Bank, Dell Computer, Lucent Technologies, Motorola, Pepsico and Seagate Technology have selected Starbase products to manage their e-business development projects. Deloitte & Touche named Starbase to the prestigious ``2001 Orange County/San Diego Technology Fast 50'' program, a ranking of the 50 fastest-growing technology companies in the area. Starbase has headquarters at 4 Hutton Centre Drive, Suite 900, Santa Ana, CA 92707. Tel: 714/445-4400. Fax: 714/445-4404. Visit Starbase's Web site at www.starbase.com. Forward-Looking Statements When used in the preceding discussion, the words ``believes,'' ``expects,'' or ``intend to'' and similar conditional expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, (i) conditions in the general economy or the software industry, (ii) the timely development and market acceptance of products and technologies, (iii) competitive factors, (iv) demand for team productivity software products, (v) sell-through of products in the sales channel and (vi) other risks described in Starbase Corp.'s SEC reports and filings. Note to Editors: Starbase and its product names are trademarks of Starbase Corp. All other product and company names herein are trademarks of their respective owners. -------------------------------------------------------------------------------- Contact: Starbase Corp., Santa Ana Martha Ray (public relations), 714/445-4531 Martha.Ray@starbase.com or Doug Norman, 714/445-4445 Doug.Norman@starbase.com