Akoya Appoints Tom Ebling to Its Board of Directors

CHICAGO--April 25, 2006--Akoya, Inc., a cost management analytics company, announced today that Tom Ebling, the former chairman and CEO of ProfitLogic, has agreed to join its Board of Directors.

Ebling's experience in business management and software commercialization spans more than 20 years. Most recently, he served as the chairman and CEO of ProfitLogic, a leading provider of merchandise optimization software to the retail industry. In this capacity, Ebling orchestrated ProfitLogic's sale to Oracle in July 2005. Prior to joining ProfitLogic, he served as CEO of Torrent Systems, a data warehousing infrastructure software company, which was acquired by Ascential Software in November 2001. Prior to Torrent Systems, Ebling spent 18 years at Marcam Solutions where he was instrumental in driving product design, developing strategy, and helping to lead the company through a successful initial public offering.

"Tom has earned a reputation for delivering value to customers and shareholders," said Ted Greene, CEO of Akoya. "His experience in building early and middle stage software companies into major brands will play an integral role in Akoya's strategic development."

Ebling earned a B.A. Magna Cum Laude with highest honors in mathematics from Williams College in Williamstown, MA. He also attended Harvard Law School in Cambridge, MA. Ebling holds a software patent related to process manufacturing.

About Akoya, Inc.

Akoya, Inc. is the leader in next-generation cost management solutions for direct materials. Akoya Cost Management Analytics(TM) enables visibility into the complete set of data that goes into supply decisions, enabling companies to reduce the cost of their product components through more informed negotiations, better sourcing, and more cost-effective product design. For more information on Akoya, visit www.akoyainc.com or call 309-690-6900.