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WTIA Names Susan Sigl New CEO

Successful Venture Capitalist and Entrepreneur to Oversee Organization's Future Growth

SEATTLE, WA -- (Marketwire) -- 03/16/10 -- The Washington Technology Industry Association (WTIA) (http://www.washingtontechnology.org), one of the largest statewide associations of technology companies, IT departments and individual technology professionals in North America, today announced that it has named Susan Sigl as its new CEO. A founding partner of SeaPoint Ventures, Sigl has close ties to the state's technology industry and has played an instrumental role in the successful development of numerous early-stage technology companies.

"The WTIA couldn't be more pleased to have Susan join our executive team," said Steve Wood, WTIA Board Chairman. "She has deep roots in Washington and a real familiarity with the technology industry here. As both an entrepreneur and a venture capitalist, she understands the every-day challenges and opportunities of building and running a successful technology business. Her expertise and experience will be invaluable to the WTIA as we try to ensure that Washington continues to be a magnet for the high-paying technology jobs that are so critical to the state's economy now and for the future. We are confident that under Susan's leadership the WTIA will continue to grow and evolve in support of the state's technology industry."

Sigl brings more than 20 years of leadership expertise as an executive officer at a variety of companies in the technology, financial services, and real estate development industries. As an entrepreneur and institutional investor, she successfully co-founded, helped manage or invested in many Northwest companies including Ground Truth, Inc., SeaPoint Ventures, SNAPin Software, Inc., and Zumobi, Inc. Sigl has also been active in several organizations related to technology and entrepreneurship, including the Northwest Entrepreneur Network, Evergreen Venture Capital Association, the WSA (now the WTIA) and the Northwest Forum for Women Entrepreneurs. She has been a regular speaker and visiting faculty member at the University of Washington and Seattle University MBA programs.

"I'm honored to assume the leadership of an organization with such a rich history and strong future," said Sigl. "The WTIA plays an important role in creating a supportive business climate for technology companies of all shapes and sizes here in Washington. Those companies represent more than 350,000 jobs and a large portion of Washington's economy. Our state's tech industry is critical to the overall economic health of Washington and to the nation. Looking forward, I want to build on the legacy of programs and advocacy that have made the WTIA a valuable partner and champion for Washington's technology companies."

About the Washington Technology Industry Association
The Washington Technology Industry Association, founded in 1984, is one of the largest statewide associations of technology companies, IT departments and individual technology professionals in North America. With more than 1,000 members representing more than 125,000 employees in Washington State, the association is a catalyst for sharing expertise, fostering collaboration, delivering key business services and advancing the value and global impact of technology companies doing business in Washington. The association's global partners are Microsoft, Regence BlueShield, Vertafore and Wells Fargo Insurance Services. The association's funding partners are AH&T Insurance, F5 Networks, Moss Adams LLP and RealNetworks. For more information, go to www.washingtontechnology.org.

Media Contacts:
Summer McGrady
WTIA
206-448-3033 x103
Email Contact

Kevin Pedraja
Sterling Communications for WTIA
206-388-5758
Email Contact

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