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Alan M. Davis Joins Entomo as President & CEO; Intel Veteran and Venture Investor Jumps Into Hot Online SRM market; Cites Company Momentum and Blue-Chip Customers.


Business/High Tech Editors

BELLEVUE, Wash.--(BUSINESS WIRE)--April 17, 2002

Entomo, Inc., the only provider of a completely integrated Online Supplier Relationship Management (SRM (1) (Storage Resource Management) The management of the storage resources in an organization in order to avoid duplication of files and to determine space utilization across all servers. ) solution for strategic sourcing, announced today that Alan M. Davis Alan Mark Davis is Professor in the College of Business at the University of Colorado at Colorado Springs. Davis earned his Ph.D. in Computer Science from the University of Illinois at Urbana-Champaign in 1975.  has joined the company as President and Chief Executive Officer.

Mr. Davis brings to Entomo many years of experience in building, funding, and leading high technology companies. An industry veteran, Mr. Davis is well known for providing dynamic and decisive leadership in emerging growth and Fortune 500 companies, including Intel (Nasdaq:INTC INTC Intel (NASDAQ symbol)
INTC Intercept
INTC Interrupt Controller
) and DEC.

"Online SRM is one of today's hottest markets. When one considers joining a company in this market, it has to be one that already has significant market traction and brand name customers. Entomo is such a company. It has emerged as the leader in this space, as it continues to rapidly expand in both areas," said Mr. Davis. "The management team and employees of this company have created a solid foundation for our continued growth. I look forward to building on that foundation."

During his career Mr. Davis held senior positions at Intel, including General Manager of Intel's Software Distribution and Support Operation, and Director of Marketing for Intel's Microprocessor Division. Mr. Davis has also served as a partner with Potrero Management Partners and its successor Zilkha Venture Investors, specializing in the restructuring and financing of technology companies.

Most recently, Mr. Davis was 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.  of Docutouch, an early leader in document management and digital signatures, where he led the company's successful merger with NetUPDATE. Prior to that, he was CEO of Advanced Interactive Systems (AIS). Before AIS, Mr. Davis was CEO of Starbase Corporation (Nasdaq:SBAS (Satellite-Based Augmentation System) See GPS augmentation system. ), where he successfully moved the company from the Vancouver Stock Exchange Vancouver Stock Exchange (VSE)

A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies.


Vancouver Stock Exchange

See Canadian Venture Exchange (CDNX).
 to Nasdaq.

"We are thrilled to have Al join us. He understands manufacturing, supply chain and enterprise software. And his track record in growing and leading young companies is outstanding. Adding Al to the team will help Entomo manage its rapid growth," commented Thomas Huseby, Managing Partner of SeaPoint Ventures.

"We knew that we needed to find the right person to lead us as we took Entomo to the next level," noted Sanjoy Chatterji, founder of Entomo and currently Executive Vice President of Strategy and Business Development. "It was critical to find someone with Al's extensive background in both building and funding companies. After a year-long search, I'm excited to have finally landed such a person for our team."

About Entomo, Inc.

Entomo, Inc. offers Online SRM and strategic sourcing applications that link manufacturers with their direct materials supply chain. Its Web-based application See Web application. , Entomo SmartHub/SRM, delivers transaction automation, online collaboration, exception management, supplier performance measurement, and supply chain analytics. Advanced capabilities support aggregation of inventory and purchasing data from multiple sites-- delivering cross-plant visibility, consolidated sourcing, centralized commodity management, and inventory sharing.

Entomo's global customers include FMC Technologies, AMETEK Aerospace and Power Instruments, NACCO NACCO National Association of Cottman Center Owners  Materials Handling Group, Atlas Copco Wagner, Wacker Wacker may refer to:
  • EMS Wacker http://i9.tinypic.com/4veeqvo.jpg http://i2.tinypic.com/5xrb2g0.jpg
  • Wacker Drive
  • Wacker process
Sports
  • VfB Admira Wacker Mödling
  • Wacker Berlin
  • Wacker Burghausen
 Siltronic, and Landscape Structures. These customers benefit by reducing direct materials costs, decreasing inventory levels, eliminating obsolescence ob·so·les·cent  
adj.
1. Being in the process of passing out of use or usefulness; becoming obsolete.

2. Biology Gradually disappearing; imperfectly or only slightly developed.
, increasing manufacturing uptime, and improving order fulfillment.

For additional information, please visit www.entomo.com or call 877/936-8666.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 17, 2002
Words:524
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