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Akopia Positioned for Growth; Open-Source E-Commerce Software and Services Leader Assembles Senior Management Team at New Corporate Headquarters.


Business Editors/Hi-Tech Writers

RESTON, Va.--(BUSINESS WIRE)--Sept. 7, 2000

Akopia, the world's leading provider of open source e-commerce software and services, today reached a milestone in creating a solid platform for growth with the announcement of its senior management team and its new corporate headquarters in Reston, Virginia Reston is an internationally known planned community whose goal was to revolutionize post-World War II concepts of land use and residential/corporate development in American suburbia. .

Brett Pinegar, Akopia's 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.  has had a distinguished career that includes executive positions at e-business services innovator, DiaLogos, Powersim, and the Monitor Group, a leading strategy consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
.

Along with David Adams David Adams may refer to:
  • David Adams (dancer) (born 1928), Canadian ballet dancer
  • David S. Adams, American biologist known for his work on Alzheimer's disease
  • David Adams (businessman) (born 1971), publisher of the OSNews web site focusing on operating systems
, Akopia's founder, chairman and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. , Pinegar has built a strong senior management team of highly experienced and motivated individuals to give Akopia a sage, solid and profitable framework. The team includes:
-- Kerry Calderwood as VP of sales, formerly of the Baan Company.

-- Lavi de Silva, VP of professional services, formerly of OneSoft and
PricewaterhouseCoopers

-- Charles Gold, VP of marketing, formerly of CyberCash

-- Tim Lucas, VP of finance, formerly of Petroglyph Energy


Akopia is backed by AMP Capital, which specializes in early stage technology ventures. Such seasoned technology professionals as Eric Magleby, co-founder of Cysive, Kevin Calderwood, formerly president of Baan America, and John Stevens John Stevens is the name of a number of prominent people:
  • John Stevens, Baron Stevens of Kirkwhelpington (born 1942), former Commissioner of the Metropolitan Police
  • John Stevens (immigrant) (1682-1737), immigrant to America, Port Collector at Perth Amboy.
,co-chairman of Medibuy make up AMP.

An initial staff of 45 IT and high-tech business professionals is expected to double by the end of this year and Akopia's aggressive recruitment drive continues.

This announcement follows a year of rapid expansion for the company that is positioned to take advantage of the dynamic and growing market for open-source e-commerce products and services.

Akopia has the most widely distributed Adj. 1. widely distributed - growing or occurring in many parts of the world; "a cosmopolitan herb"; "cosmopolitan in distribution"
cosmopolitan

bionomics, environmental science, ecology - the branch of biology concerned with the relations between organisms
 open-source e-commerce software on the market and offers enterprise-class software and services to business-to-business suppliers, merchants, portals and exchanges.

"Many companies are radically underserved by existing software and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  alternatives for e-commerce," Pinegar said. "Open-source software offers a powerful tool to meet the specific needs of leading edge mid-size companies, a large and lucrative market for Akopia."

ABOUT AKOPIA

Akopia is the leading provider of open-source e-commerce software and services. Using a unique combination of powerful open source software, world-class professional services, and high reliability managed services. Akopia makes enterprise functionality accessible to leading edge companies worldwide. Tens of thousands of businesses rely on Akopia technology to power their e-commerce operations.

The company is headquartered in Reston, Virginia with offices in Ohio and Utah.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 7, 2000
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