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Abaco Names Eladio Alvarez as Vice President of Worldwide Marketing and Sales.


Business Editors

ATLANTA--(BUSINESS WIRE)--March 6, 2001

Seasoned Executive Joins Abaco Abaco is the Italian form of the Biblical name "Habakkuk". It is also the Italian for abacus in the mathematical and architectural senses.

Abaco may refer to: People
  • Evaristo Felice Dall'Abaco (1675-1742), Italian composer and violinist
 Team to Lead Global Marketing and Sales

as Company Focus Expands

Abaco (www.abacoinc.com), the leading provider of mobile enterprise business solutions, today announced that it has named Eladio Alvarez Al·va·rez   , Luis Walter 1911-1988.

American physicist. He won a 1968 Nobel Prize for his study of subatomic particles.
 as vice president of Worldwide Marketing and Sales. He will be responsible for managing Abaco's global marketing efforts, as well as its worldwide direct and indirect sales force.

Eladio Alvarez, who is of no relation to Abaco chairman and founder Fernando Alvarez
See Fernando Álvarez de Toledo, 3rd Duke of Alba for the medieval Spanish general.


Fernando Alvarez is a macroeconomist. He is a professor of economics at the University of Chicago. He received his Ph.D. from the University of Minnesota in 1994.
, draws on more than 18 years of executive sales and marketing management experience in the software industry with companies such as Oracle, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  and Sterling Software. In addition to a successful track record in sales management Sales Management Role and Goal
Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a
, he brings a wealth of enthusiasm and industry knowledge to Abaco.

"Abaco is well positioned to address the growing opportunities for mobile enterprise business solutions with exceptional leadership, solid core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
  1. It provides customer benefits
  2. It is hard for competitors to imitate
  3. It can be leveraged widely to many products and markets.
 and exciting new products under development," said Alvarez.

Alvarez's challenge will be to position Abaco to take advantage of the increasingly growing mobile enterprise market. He shares Abaco's belief that its mobile enterprise business solutions will take the company beyond its traditional markets and provide unprecedented competitive advantages to a greater scope of enterprise segments.

With a firm grasp of enterprise knowledge, Alvarez has successfully executed multiple strategic sales initiatives to take advantage of new technologies prior to coming to Abaco. He also brings a strong history of dramatically increasing revenues in both new and established markets.

"At each of his tenures, Eladio has grown revenues while delivering high-value business solutions and fostering lasting relationships with his blue chip customers," said Oliver Cooper, Abaco president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Eladio's experience, leadership and extensive knowledge of the enterprise space will enable us to quickly capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 the direction we've set."

Abaco's appointment of Alvarez comes on the heels of naming Oliver Cooper as president and CEO. The new face of management within the organization is a result of an expanded focus for the company.

About Abaco

Abaco is the leading provider of mobile enterprise business solutions, with more than 200 installations in Global 2000 companies worldwide. Founded in 1993, the company is headquartered in Atlanta, with offices across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Europe. In 2000, Abaco was awarded a Total Solution Provider Award from AIM and Business Solutions magazine and a Moby Award from Mobile Insights. For more information, log onto www.abacoinc.com.

2001 Abaco PR, Inc. Abaco, Abaco Delivering the Wireless Enterprise, Abaco's Varadero Wireless Framework, the Abaco Bridge and the Abaco Bridge for R/3 are trademarks of Abaco PR, Inc. Other product and service names referenced herein are presumed to be trademarks of their respective owners.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 6, 2001
Words:450
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