Yodlee Names Tamara MacDuff as CFO; Financial Services Market Leader Poised For Rapid Growth

REDWOOD CITY, Calif.--(BUSINESS WIRE)--March 21, 2006--Yodlee, Inc., a trusted leader in providing innovative financial solutions, today announced that Tamara MacDuff has been named senior vice president and chief financial officer. MacDuff's more than 23 years of successful and varied financial management and operational experience, including more than 13 years with high-growth technology companies, will help Yodlee execute on its plans for significant business growth.

"Online banking, bill pay, and personal financial management are converging in the market, and Yodlee is uniquely positioned to lead the convergence with innovative and compelling consumer applications that generate new revenues from the online channel for financial institutions worldwide," said Anil Arora, president and CEO of Yodlee. "Key to our continued success is excellent fiscal leadership, which we have found in Tami. We are thrilled to have Tami on board and expect to achieve significant growth in the coming year."

“Online banking, bill pay, and personal financial management are converging in the market, and Yodlee is uniquely positioned to lead the convergence with innovative and compelling consumer applications that generate new revenues from the online channel for financial institutions worldwide”

In her new role, MacDuff will be a key member of the management team, responsible for the company's strategic financial direction.

"My goal is to help increase shareholder value through effective fiscal and operational programs to support the company's aggressive business growth plans," said MacDuff. "Yodlee is leading the charge to give today's more than 40 million online banking users a superior new way to take control of their finances online. I'm excited to be part of such a dynamic team armed with a huge market opportunity, a blue chip customer and investor list, and an exceptional technology that solves real problems for both consumers and financial institutions alike."

Most recently, MacDuff served as CFO at Biz360, Inc., where her leadership helped establish the VC-funded, software as a service company as a leader in market intelligence and real-time analytics.

Prior to Biz360, Inc., MacDuff served as CFO at Brio Software, Inc., a publicly held business intelligence company. During her nine years at Brio, in addition to taking the company through the IPO process, she managed a wide range of international finance, treasury and corporate finance functions, including investor relations and merger and acquisition activities. During her tenure the company grew from $500,000 in revenue and 20 employees to over $150 million in revenue and more than 600 employees.

MacDuff is a certified public accountant and member of the California Society of Certified Public Accountants, the Forum for Women Entrepreneurs and Executives, and the Financial Executives Institute.

About Yodlee

Yodlee powers financial applications for nearly seven million consumers at the leading banks, brokerages, and portals and helps financial services providers drive more satisfying and profitable customer relationships from their online channel. Yodlee's suite of solutions -- including bill pay, PFM, and advisor applications -- automate and simplify consumers' financial chores while generating new revenue opportunities for FSPs. The company's patented technology brings together the islands of personal account data users typically have scattered at various financial websites to offer an easy, centralized, secure way to manage their money, track their net worth, pay bills, and protect against fraud. Yodlee has amassed nearly seven million users, over $250 billion in aggregated assets across the network, and more than 100 clients, including the world's top financial institutions and portals, including American Express, AOL, Bank of America, Fidelity, JPMorgan Chase, Merrill Lynch, MSN, and Wachovia. Yodlee operates in the United States and the UK and is headquartered in Redwood City, Calif. For more information, visit www.yodlee.com.

Yodlee is a registered trademark of Yodlee, Inc. All other products and services mentioned are the property of their respective companies.