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Former Wachovia EVP Beth McCague Joins Leading Text Analytics Firm
Beth McCague Joins IxReveal As COO

by Maroushka Kanywani, Editor, Dashboard InsightThursday, December 4, 2008

JACKSONVILLE, Fla.-December 4, 2008 --IxReveal™, a leader in next-generation advanced analytics for unstructured and structured data, announced today the appointment of Beth McCague as Executive Vice President and Chief Operating Officer.

“Beth is a perfect match for IxReveal,”said Chairman and CEO Charles Clarkson, as “she brings over three decades of financial services career experience and an amazing track record of helping companies to maximize growth prospects. She is a recognized expert in building customer loyalty, process improvement, and service quality, with a focus upon transition management,” he added.

McCague noted that “I joined IxReveal because it is a game-changer for the two basic problems in business today: (1) how to reduce expenses while becoming more competitive; and (2) how to better understand customers’ needs and priorities. IxReveal’s technology quickly answers both questions brilliantly.” She explained that “IxReveal’s patented platform empowers companies to bring vastly improved machine processing speed and more accurate analytical results to previously underutilized data. It increases productivity and generates a rapid return on investment. This is an easy business proposition to support,” McCague added, and it is gratifying that our work is having such a major impact on our clients’ operational effectiveness and profitability.”

While serving for eight years as Executive Vice President at Wachovia Bank NA, McCague also held directorships for wealth management and service excellence. During this period, Wachovia achieved and maintained its status as the best large bank service provider based on the American Customer Satisfaction Index. She previously served as President of First Union Bank National Bank of Tennessee (a Wachovia predecessor) and at the First Union Florida Bank where she was City President (North Florida).

McCague recently served as Chairman of Daniel Memorial, Jacksonville’s oldest social service agency serving disadvantaged children. She also is one of six members (appointed by the governor) of the State Board of Administration Investment Advisory Council for Florida’s $142 billion pension fund.

About IxReveal

IxReveal is a leading text analytics software company that transcends current "search" and business intelligence technologies. The company's solution-based products are unique in their capacity to transform large volumes of structured and unstructured data into actionable intelligence. IxReveal's award-winning product lines, uReveal™ and uReka!™ (www.ureka.info), also allow researchers to collaboratively share concepts and findings.

Clients include leading multi-national corporations, financial institutions, law-enforcement agencies, universities, health organizations, and major federal agencies with data-intensive mandates. For more information, visit www.IxReveal.com

Steve Meeter, 202-255-1932

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