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ARI Names Robert Hipp Chief Technology Officer


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© Business Wire 2008
2008-07-23 12:12:08 -

- ARI Nancy Krajcir-Bennett Tel: (414) 973-4380 Fax: (414) 973-4357 Email: krajcir@arinet.com ARI (OTCBB:ARIS), a leading provider of technology-enabled business solutions that connect equipment dealers, distributors and manufacturers, today announced that the Board of Directors has appointed Robert Hipp to the newly created position of Chief Technology Officer. In his role as CTO, Hipp will be responsible for providing overall

strategic and operational direction for ARI's complete suite of software products and services.

"We have an ambitious financial goal for Fiscal Year 2009. To help us meet those goals, the position of Chief Technology Officer was created. This position will be responsible for the development and implementation of our long-range strategic objectives," said Roy W. Olivier, president and chief executive officer of ARI. "We are very fortunate to have a person of Robert's ability and experience as a new member of the Company's executive leadership team. I am confident that Robert's experience, vision and understanding of the markets we serve will help us reach our goals," added Olivier.

According to Olivier, in his role as Director of Product Strategy, Hipp was responsible for the ongoing product development and maintenance of ARI's flagship product WebsiteSmart Pro(TM). "In addition, under his strong leadership, the software development and professional services teams in our Cypress, CA office have helped ARI expand our market share in the outdoor power and power sports industries as well as into new markets," concluded Olivier.

"ARI's products and services have a solid, proven track record in the markets we serve today. I'm excited about the opportunity and the challenge to help ARI develop and deploy a technology strategy that can build on our current products as well as provide expanded products and services both in the markets we serve today and in those we enter in the future," said Robert Hipp. "I look forward to contributing to ARI's successful future."

Hipp joined ARI in January, 2007 as part of ARI's acquisition of OC-Net, Cypress, CA, where he had been chief executive officer and president.

About ARI

ARI is a leading provider of electronic parts catalogs and marketing services to dealers, distributors and manufacturers in the manufactured equipment markets. ARI currently serves 76 manufacturers, 155 distributors worldwide and provides CD-ROM catalogs to more than 22,000 dealers, as well as Internet catalogs to many additional dealers in about a dozen segments of the worldwide equipment market including outdoor power, power sports, motorcycles, ag equipment, marine, recreation vehicles, floor maintenance, auto and truck parts after-market and construction. For more information on ARI, visit our website www.arinet.com.

Statements in this news release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. The forward-looking statements can generally be identified by words such as "believes," "anticipates," "expects" or words of similar meaning. Forward-looking statements also include statements relating to the Company's future performance, such as future prospects, revenues, profits and cash flows. The forward-looking statements are subject to risks and uncertainties, which may cause actual results to be materially different from any future performance suggested in the forward-looking statements. Such risks and uncertainties include those factors described under "Forward Looking Statements Disclosure" in Exhibit 99.1 of the Company's annual report on Form 10-KSB for fiscal year ended July 31, 2007 filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements. For more information, please refer to the Company's filings with the Securities and Exchange Commission.

Newly Created Position Will Help ARI Execute on Long-Range
Technological Objectives


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