ECL Software Adds Former Bank VP to Team

Huntington Beach CA, June 1, 2008:  Huntington Beach-based risk management software company ECL Software adds a new member to its entrepreneurial team of professionals – Fund Control Specialist, Shaunagh Walsh. ECL Software is proud to welcome Shaunagh Walsh, an experienced banking professional who will help drive development and marketing of the company’s  Fund Control solution.

“Shaunagh joins our team at a crucial point, ” said President and CEO, Joseph Patterson. “Her extensive banking experience, specifically in the area of fund control and risk management is hugely instrumental in the successful enhancement of our Fund Control solution.”

Walsh will drive ECL’s  further development and marketing of its Fund Control solution, a product for the banking , construction and subcontractor community that provides tight controls over fund disbursement for building construction projects. With her, she brings over 20 years of banking experience to ECL Software.

“Shaunagh Walsh’ background is so instrumental to her value at ECL that we could not have more perfectly selected her skill and experience set to help market and enhance our Fund Control solution, in particular given the need for our robust risk management solution in the current climate of the commercial real estate industry” asserts Fred Shemirani, CFO.

Walsh’s banking experience includes leadership roles with top firms in the banking community, including East West Bank, Union Bank, and the US Armed Services.  Walsh’s experience is further enhanced by invaluable and extensive training in the areas of lending and construction management.

About ECL: Eclectus, Inc. (dba ECL Software) develops award-winning risk mitigation solutions for all aspects of the Construction Industry;  Banks and Commercial Lenders look to Fund Control (FC) and Fund Control on the Web (FCW) as a comprehensive construction lending solution, while Contractors and Subcontractors benefit from ECL’s Construction Management Information System (CMIS) package.  ECL powerful Software solutions reflect its founders 28 years of building industry and computer software innovation experience. For more information contact (800) 625-5972 EXT: 212