Advent Software Names Peter Caswell Chief Executive Officer.SAN FRANCISCO--(BUSINESS WIRE)--November 22, 1999-- Advent Software Advent Software (NASDAQ: ADVS) makes software designed to automate portfolio accounting for investment management firms, ranging from family offices and investment advisors to large institutional investors and hedge funds. announced at its board meeting last Friday that Peter Caswell, President of Advent, has been promoted to Chief Executive Officer. Advent's founder, Stephanie DiMarco Stephanie DiMarco is the Founder, CEO and President of Advent Software, a public company with a market cap of more than $1 billion that offers integrated software solutions for automating and integrating data and work flows across investment management organizations. , will remain actively involved with the company as operating Chairman and a member of the Executive Committee. "Peter joined Advent in January, 1994 and was promoted to President in 1997. He has built a strong management team and has been a key participant in the development and execution of Advent's strategy," said Ms. DiMarco. "Today, Advent has a more promising future than I've seen at any time in the sixteen years I've spent building this company. In my role as operating Chairman I'll continue to have day-to-day involvement in the direction and strategy of the company, and will work with Peter and the rest of the executive team as we enter this next exciting phase of Advent's growth." "In my six years at Advent I've seen the company more than quadruple quad·ru·ple adj. 1. Consisting of four parts or members. 2. Four times as much in size, strength, number, or amount. 3. Music Having four beats to the measure. n. in size," said Mr. Caswell. "We've been very successful in attracting the best and brightest people, and it is a continuing pleasure to see the Advent team work to meet and exceed the high demands of this industry. Advent has made tremendous strides establishing itself as a leading force in investment management technology, and in partnering with our customers to ensure our mutual success. I look forward to continuing on our strong growth path." Advent Software, Inc. is the leading provider of Enterprise Investment Management solutions. The company provides a suite of complementary products for the front, middle and back offices of investment management organizations. The company's common stock is traded on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on National Market under the symbol ADVS ADVS Automatisiertes Datenverarbeitungssystem ADVS Assistant Director Veterinary Service . -0- Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : For more information or to license Advent Software products, readers can contact Advent Software, 301 Brannan Street, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA 94107; phone (415) 543-7696, or visit Advent's web site at http://www.advent.com. Advent Software, Inc. is a registered trademark of Advent Software. All other products or services mentioned herein are trademarks or registered trademarks of their respective companies. |
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