Acta Technology Augments Executive Management Team; High Technology Veteran Will Manage Finance Responsibilities as CFO.Business Editors/High Tech Writers MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--June 22, 2001 Acta Technology, Inc., provider of the first real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. integration platform that provides enterprise data for analytic, eCommerce, supply chain, and customer relationship management uses, announced today it has augmented its senior management team with the appointment of Curtis P. Disibio as Chief Financial Officer for the company. "Curt's knowledge and expertise in strategic and financial management of high tech companies is a tremendous advantage to Acta as we drive towards profitability. His experience in taking companies from start-up through high growth, and then in leading them through their initial public offering phase, will be invaluable to us as we continue our strong growth," said Carol Mills Baldwin, Acta's 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. . As Chief Financial Officer, Disibio will be responsible for managing the company's worldwide accounting and financial functions and will report directly to Carol Mills Baldwin. Disibio brings to Acta over 21 years of experience with both privately and publicly held high technology companies. Most recently, Disibio was 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 Financial Officer of Saratoga Systems, Inc., where he was in charge of all worldwide operations. Prior to joining Saratoga Systems, Disibio was Senior Vice President and Chief Financial Officer of InVision Technologies InVision Technologies, Inc. was a publicly traded company based in Newark, California, that manufactured and sold airport security screening devices to detect explosives in passenger baggage. One of its most well-known products is the CTX explosive-detection device. , Inc., (Nasdaq:INVN), a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. which manufactures and distributes automated explosives detection systems for airports. Disibio managed all the financial aspects of spinning out the company from Imatron, Inc., a publicly held medical CAT Scan CAT scan (kăt) [computerized axial tomography], X-ray technique that allows relatively safe, painless, and rapid diagnosis in previously inaccessible areas of the body; also called CT scan. manufacturer and leading it to one of the strongest IPOs in 1996. He also developed and managed all worldwide finance, SEC reporting, legal and information systems. "Acta offers a seasoned and experienced management team, a solid business model that is driving the company towards profitability and continued strong investor backing, even in a punishing market," said Disibio. "All of these strengths made the decision to join Acta an easy one." About Acta Technology, Inc. Acta provides the industry's first and only real-time data integration platform to drive today's new generation of real-time analytic, supply chain management and sell-side eCommerce applications. With Acta's highly scalable data platform, enterprises can maintain a real-time, online dialogue with customers, suppliers, employees and partners, providing them with the critical information they need for transactions and business analysis. Acta partners with system integrators and 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. ), sell-side eCommerce, analytic and enterprise application solutions. The company's 200+ customers include 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) , Hewlett-Packard, GlaxoWellcome plc., Guinness, Chevron, Shell, Monsanto and other leaders in the Global 1000. Headquartered in Mountain View, Calif., Acta has international offices in London, Frankfurt, Paris, Stockholm, Rotterdam and Zurich. Sales and partnership inquiries should be directed to Acta's toll-free phone number 888/613-3282. For more information, visit the company's Web site at www.acta.com. Note to Editors: eCaches and ActaWorks are trademarks of Acta Technology, Inc. All other product and company names mentioned herein are the property of their respective owners. |
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