Acta Technology, Inc. Corrects and Replaces Previous Announcement, BW0616, CA-ACTA-TECHNOLOGY.Business Editors/High-Tech Writers NOTE: The following news release replaces and corrects the previous Acta Technology news release, which ran earlier Tuesday on Business Wire, BW0616 (CA-ACTA-TECHNOLOGY). MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Sept. 5, 2000 Acta Appoints Jeffry Allen to Board of Directors; Leading Executive Brings Wealth of Experience and Expertise in Finance and Operations Acta Technology, Inc., the first and only provider of a data platform designed to speed the delivery of data essential for business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) eCommerce, announced today that Jeffry Allen has joined Acta's board of directors. Allen, a leading financial and operations executive, will advise Acta as it continues building its worldwide presence in domestic and global markets. "Jeff's expertise and experience will be a great asset to Acta in the next few years," said Acta 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. and President Carol Mills Baldwin. "He is a proven leader in areas that will be key to Acta's growth and presence on the global stage." Allen has been with Network Appliance (Nasdaq:NTAP NTAP Network Appliance, Inc. (stock symbol) NTAP Never Take Another Puff NTAP National Track Analysis Program NTAP Notices to Airmen Publication NTAP Windows NT Application Processors NTAP Naval Training Acquisition Process ), a leading provider of network-attached data access and content management solutions, since 1996. He currently serves as CFO See Chief Financial Officer. and executive vice president of finance and operations. In Network Appliance's fiscal 2000, the company reported overall revenues of $579 million--an increase of 100% over the prior year. Prior to Network Appliance, he served as senior vice president of operations for Bay Networks, where he was responsible for manufacturing and distribution functions. From 1990 to 1995, Allen held positions as controller for SynOptics Communications and became vice president and controller for Bay Networks, the merged company of Synoptics and Wellfleet Communications. Previously, he had a 17-year career at Hewlett-Packard Company (NYSE NYSE See: New York Stock Exchange :HWP HWP Height (and) Weight Proportionate HWP Half-Wave Plate HWP Highway Patrol HWP Height Weight Proportional HWP Hewlett-Packard Corporation (stock symbol) HWP Hydrolyzed Whey Peptides ), where he served in a variety of financial, information systems and financial management positions. About Acta Technology, Inc. The Acta eCommerce Data Platform is the first and only solution designed to make enterprise data eCommerce-ready for all channels in the Networked Economy. With Acta's highly scalable data platform, enterprises can maintain a real-time, online dialogue with customers and partners- providing them the critical information they need for transactions and business analysis. Acta partners with leading vendors offering enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ), front-end eCommerce, and analytic applications. Headquartered in Mountain View, CA, Acta has international offices in London, Frankfurt, Paris, Stockholm, the Netherlands, and Zurich. Sales and partnership inquiries should be directed to Acta's toll-free phone number 1-888-613-3282. For more information, visit the company's Web site at http://www.acta.com |
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