Octave Technology hires new Director of Business Development

Ellicott City, MD - July 17, 2005 - Octave Technology, Inc. announced today that Chris Parker has joined the company as the Director of Business Development.

As the Director of Business Development, Chris will be responsible for implementing Octave’s overall sales and marketing strategy. His ten year background in solution selling, channel sales and creating strategic alliances will help set the company's pace to achieve penetration and growth in several vertical markets.

Before joining Octave, Chris was the Channel Manager for the Mobile Office Solutions Division of Telecommunications Systems, Inc in Annapolis, MD where he was responsible for designing and implementing a national channel sales program for an offering of enterprise mobile/wireless solutions. In addition, Chris was in charge of evaluating new technology and establishing strategic partnerships with various industry leading firms. Prior to TCS, Chris was the Sales Manager for the Enterprise Mobility Solutions group with Aether Systems in Owings Mills, MD where he was responsible for a leading a national sales force in selling mobile & wireless enterprise applications to Fortune 1000 companies.

Chris will reside in the Ellicott City office where he will report directly to the President of Octave Technology, Rick Morani.

About Octave Technology
Octave Technology Inc. is software product company whose applications allow for the simple and successful deployment of RFID and Auto-ID technologies.  Octave Technology's solutions utilize various Auto-ID technologies, including contact memory, bar coding and RFID to help organizations manage their physical assets and technical infrastructure.  Coupled with Octave software, virtually any industry or organization can view and utilize their asset data in the most effective and efficient manner possible.

Founded in 2003 and born out of a joint venture between leading technology and engineering firms, Octave Technology is deploying Auto-ID enabled systems in a wide variety of industries. For more information, visit www.octavetech.com