Altaworks Announces New Chief Executive Officer to Lead Company Forward; Acuitive Co-Founder David Danielson Named CEO of Altaworks.Business Editors/High-Tech Writers NASHUA, N.H.--(BUSINESS WIRE)--Jan. 13, 2003 Altaworks Corporation, the leading developer of Web enterprise performance management software, today announced the appointment of David E. Danielson to the position of chief executive officer (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. ). In this position Danielson will lead the company forward, focusing on sales, business development and profitability. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. International Data Corporation (IDC) the Web enterprise performance management solutions space is a $3.1 billion market, which it projects will grow 58% by 2006. A major player in this market, Altaworks' flagship solution, Panorama, eliminates e-business performance problems in real-time, avoiding downtime The time during which a computer is not functioning due to hardware, operating system or application program failure. , performance brownouts and lost business while guaranteeing smooth ongoing operation. "The Altaworks team has done a tremendous job at growing the company despite recent tough economic and market conditions," said Dave Danielson, chief executive officer of Altaworks. "My main responsibility will be to lead Altaworks into the next evolution of its lifecycle and to focus on all aspects of customer success." Prior to joining Altaworks, Danielson was the co-founder and executive vice president for Acuitive, a start-up accelerator accelerator: see particle accelerator. (1) A key combination such as Alt-G or Ctrl-Shift H that is used to activate a task. (2) An incubator that expects to develop the company considerably faster than normal. See incubator. , providing knowledge, guidance and strategic marketing assistance to young communications and networking companies looking to transform great ideas into reality. As Co-Founder and Executive VP he was responsible for directing the startup consulting activities in the Northeast US. Before to the launch of Acuitive in 1997, Danielson worked at Bay Networks/SynOptics Communications, most recently serving as the director of product management in the Network Management for Internet/Telecom Business Unit. In this capacity, he was responsible for creating and executing a development and marketing strategy for the network management products that were directed into the service provider marketplace. About Altaworks Corporation Altaworks, a leader in application performance management, helps optimize optimize - optimisation e-business applications by quickly finding and fixing complex performance problems across the entire Web infrastructure, improving end-user experience and significantly reducing costly troubleshooting Troubleshooting is a form of problem solving. It is the systematic search for the source of a problem so that it can be solved. Troubleshooting is often a process of elimination - eliminating potential causes of a problem. and downtime. The company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Altaworks Panorama(TM) enables companies to avoid performance problems that lead to downtime, performance brownouts and lost business. Founded in late 1999, Altaworks is backed by first-tier financial partners St. Paul St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery Venture Capital, Prism Venture Partners and YankeeTek Ventures, and has raised more than $35 million in funding. Note: Altaworks Panorama is trademark of Altaworks Corporation. The names of companies and products mentioned herein may be the trademarks of their respective owners. |
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