Toronto, ON - July 3rd, 2008 - e3 Solutions, industry-leading developer of Governance, Risk and Compliance (GRC) software systems for Enterprise Carbon Management (ECM) and Environmental Management Information Systems (EMIS), today announced the appointment of Kevin Coyne as Chief Executive Officer.

"Under Kevin's direction, there is no question our company will secure its leadership position in the emerging GRC for ECM space,” said Julian Moffatt, co-founder and vice president, client solutions for e3. “I’ve known Kevin for more than a decade and watched him achieve many great things, especially his flawless execution on the growth of BPS from a start-up to a success in only a few years and when he became available we jumped at the chance to bring him aboard to lead our company. Most importantly, his guidance and experience in growing GRC software companies will help ensure the current growth we’re experiencing not only continues, but is sustainable."

With more than a decade of experience in the software industry, Coyne has focused his talents on high-potential startups and mid-stage companies poised to cross the chasm to mainstream usage of their technologies. He was instrumental in the 1998 launch of Caribou Systems in the US Environmental Management Information Systems (EMIS) space, quickly establishing the software developer as one of the top three vendors selling to the Fortune 1000 market. His talent for rapidly growing software companies was further demonstrated during tenures at SEAGULL Software, ClearOrbit and BPS, where he evolved the Toronto startup into a major player in the Governance, Risk & Compliance (GRC) software area for the Financial Services Industry by securing Wall Streets top three investment banks as users of the software globally.

“I’ve devoted my career to helping young companies grow and expand in a focused and deliberate way, and I know great potential when I see it,” said Coyne. “e3 Solutions already has an exceptional product offering with a web service strategy, great internationally focused blue chip customers and a strong foothold in a market space that is ready to take off. Now it’s a matter of investing the growth capital and developing the partnerships to build on that momentum and exploit the market potential.”

About e3 Solutions
Leading the industry in the delivery of enterprise carbon management software, as well as incident management and environmental risk management systems, e3 Solutions helps organizations across North America measure, monitor and verify their GHG emissions. No one can afford to take a backseat approach to quantifying and managing carbon-related risk any more. Give your organization the critical advantage of e3’s powerful, real-world proven solutions. Visit www.e3solutionsinc.com

Media Information:
For more information about this release or e3 Solutions Inc., contact:
Shaun Jackson
(905) 530-2220