NexJ Strengthens Management Team with Appointment of Tom Predovic as SVP, Technology

Former Group Vice President, CRM Software as a Service at Oracle joins NexJ to head application development and advance its hosted solutions

Toronto, August 23, 2011 — NexJ Systems Inc., a leading provider of enterprise private cloud software delivering customer relationship management (CRM) solutions to the financial services, insurance and healthcare industries today announced the appointment of Tom Predovic to the role of Senior Vice President, Technology, reporting directly to the CEO of the Company, William M. Tatham.

As Senior Vice President, Technology, Mr. Predovic will oversee product management and application development for all of NexJ’s solutions.  Mr. Predovic will also have responsibility for the delivery of NexJ’s cloud-based solutions.

“NexJ continues to further our leadership position in next-generation enterprise private cloud software,” said William M. Tatham, Chief Executive Office, NexJ Systems. “We believe that Tom is the most capable individual in the industry to deliver on our product vision and lead our product development.”

Tom was most recently Group Vice President, CRM Software as a Service at Oracle where, as a senior member of the Oracle CRM Applications business unit, he was responsible for the strategic, technical, and operational engineering efforts behind product development of Oracle CRM SaaS. Prior to joining Oracle in 2006, Tom held the position of Vice President, Engineering at Siebel Systems and was instrumental in the success of Janna Systems where he led the engineering efforts.

“NexJ’s Model-Driven Engineering framework is without a doubt the most advanced enterprise application platform on the market today and I look forward to extending the solutions that leverage it,” said Tom Predovic, SVP Technology, NexJ Systems.  “Joining the NexJ team as it continues to gain recognition as the leading enterprise private cloud software provider is exciting and I am eager to take advantage of the opportunity to advance the Company’s cloud solutions.”

About NexJ Systems Inc.

NexJ is a leading provider of enterprise private cloud software, delivering customer relationship management (CRM) solutions for financial services, insurance, and healthcare.  Our next-generation, people-centered software combines industry-specific functionality with information from multiple applications and data stores to provide comprehensive knowledge of the individual.

NexJ was founded by an executive management team with extensive experience in the successful design and delivery of large-scale, integrated, enterprise software solutions.  For more information about NexJ Systems call 416-222-5611, e-mail info@nexj.com, or visit www.nexj.com.

NexJ Forward-looking Statement

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on NexJ’s current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. NexJ’s assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see NexJ’s securities filings with the OSC and other securities regulators. NexJ securities filings are available on www.sedar.com.  Unless otherwise required by applicable securities laws, NexJ disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.