Acsis, Inc. Appoints Stewart McCutcheon Executive Vice President and Chief Technology Officer; Experienced Executive to Expand Development of Manufacturing and Distribution Solutions for the Supply Chain.MARLTON, N.J. -- Acsis, Inc., a leader in delivering shop floor process automation and enterprise data collection solutions for the supply chain, today announced that Stewart McCutcheon has been appointed Executive Vice President and Chief Technology Officer. In his position, Mr. McCutcheon will lead the expansion of Acsis' portfolio of software solutions. Mr. McCutcheon has 27 years of executive leadership experience in business and technology management specializing in the design and development of business technology solutions. Prior to Acsis, he held several senior level positions with DuPont including Chief Information Systems Officer and Chief Engineering Officer for DuPont South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. and Global Director of e-Business Technologies. Most recently, Mr. McCutcheon served as Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and Chief Technology Officer of Elemica, an e-business hub for the chemical industry. Mr. McCutcheon earned his degree in Mechanical Engineering, Cum Laude cum lau·de adv. & adj. With honor. Used to express academic distinction: graduated cum laude; 25 cum laude graduates. , from the University of South Carolina
• • . "We expect that Stewart's focused leadership and blend of business and technology experience will continue to help us 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 significant market opportunities that exist for Acsis," says Steven Selfridge, President and Chief Executive Officer. "His managerial experience and technological knowledge may enhance our market-driven product development and implementing Service Oriented Architectures to accelerate the introduction of new Acsis solutions and bring further value to our clients." About Acsis, Inc. Acsis, Inc. was founded in 1996 and is headquartered in Marlton, NJ. Acsis is a global enterprise software and services provider that automates manufacturing and supply chain processes enabling higher throughput at lower costs. With implementations in 26 countries, Acsis provides a single platform that connects people, devices, and supply chains, enabling adaptive manufacturing and supply chain operations. Acsis is a recognized SAP Services Partner and SAP Technology Partner and maintains partnerships with major service and hardware providers. Acsis is an EPCglobal member and early adopter of RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. technologies. Acsis is a partner company of Safeguard Scientifics, Inc. (NYSE NYSE See: New York Stock Exchange : SFE See Sydney Futures Exchange. ). Additional information regarding Acsis can be found at www.acsisinc.com. About Safeguard Safeguard Scientifics, Inc. (NYSE: SFE) builds value in high-growth, revenue-stage information technology and life sciences businesses. Safeguard provides growth capital as well as a range of strategic, operational and management resources to our partner companies. Safeguard participates in expansion financings, corporate spin-outs, management buyouts, recapitalizations, industry consolidations and early-stage financings. For additional information, visit www.safeguard.com. |
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