Ariba Appoints New Vice President, Solutions Marketing; Lou Unkeless to Lead Product Marketing and Product Management.Business Editors/High-Tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 2, 2004 Ariba(R), Inc. (Nasdaq:ARBA), the leading Enterprise Spend Management (ESM (1) (Enterprise Storage Management) Managing the online, nearline and offline storage within a large organization. It includes analysis of storage requirements as well as making routine copies of files and databases for backup, archiving, disaster recovery, ) solutions provider, today announced the appointment of Lou Unkeless as its new Vice President, Solutions Marketing. In his new role, Unkeless will be responsible for closely aligning Ariba's product management and product marketing teams to support and sustain the company's ESM solutions strategy and market leadership momentum. "Lou brings a wealth of enterprise market solution experience to Ariba that will extend critical knowledge and leadership to the team and our customers," said Michael Schmitt, executive vice president and chief marketing officer, Ariba. "His ability to create and execute successful go-to-market strategies will help extend our leadership." Unkeless brings more than 20 years of product strategy, management and marketing experience to his new post at Ariba. He joins Ariba from Datasweep Corporation, a developer of enterprise applications for the manufacturing industry, where he was vice president of marketing. Unkeless also served as vice president, product collaboration solutions, at Agile Software Corporation Agile Software Corporation is a San Jose based Product Lifecycle Management software manufacturer. In February, 2005, Agile Software Corporation acquired Cimmetry Systems Corporation, a privately owned software developer, specializing in enterprise visualization solutions, , and he has held strategic marketing positions at Oracle Corporation, i2 Technologies and Macola Software. "It's exciting to join a company that has taken such a strong foothold in a strategic market like Enterprise Spend Management," said Unkeless. "I've watched Ariba's transformation over the past few years, and I'm looking forward to working with the team to define and deliver the next generation of Ariba Spend Management solutions." About Ariba Spend Management(TM) Solutions Ariba Spend Management solutions help companies automate, integrate and streamline their entire purchasing process Purchasing Purchasing is the formal process of buying goods and services. The Purchasing Process can vary from one organization to another but there are some key elements that are common throughout The process usually starts with a 'Demand' or requirements from planning to payment, resulting in significant process efficiencies and sustainable cost savings that go straight to the bottom line. Ariba Spend Management consists of strategy, analysis, sourcing, procurement and supplier management solutions and encompasses all categories of enterprise spend from direct goods to MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. and services. About Ariba, Inc. Ariba, Inc. is the leading Enterprise Spend Management (ESM) solutions provider. Ariba helps companies develop and leverage spend management as a core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
Ariba and the Ariba logo are registered trademarks of Ariba, Inc. Ariba Spend Management, Ariba Analysis, Ariba Buyer, Ariba Category Management, Ariba Contracts, Ariba Travel & Expense, Ariba Workforce, Ariba Invoice, Ariba eForms, Ariba Enterprise Sourcing, Ariba Supplier Network, BPM Services, Power Sourcing, Total Spend Capture and PO-Flip are trademarks or service marks of Ariba, Inc. All other trademarks are property of their respective owners. Ariba Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 1995: Information and announcements in this release involve Ariba's expectations, beliefs, hopes, plans, intentions or strategies regarding the future and are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Ariba as of the date of the release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to Ariba's operating and financial results to differ materially from its current expectations include, but are not limited to: delays in development or shipment of new versions of Ariba's products and services; lack of market acceptance of Ariba's existing or future products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; the ability to attract and retain qualified employees; difficulties in assimilating acquired companies; the impact of recent workforce reductions on Ariba's operations; lengthening lengthening (lengkˑ·the·ning), n the use of various massage or muscle energy techniques to relax and stretch muscle and connective tissue. sales cycles and the deferrals of anticipated orders; declining economic conditions, including a recession; inability to control costs; changes in the company's pricing or compensation policies; inability to successfully manage a reduction in the company's workforce; significant fluctuations in our stock price; the outcome of legal proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies. relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the restatement Restatement A revision in a company's earlier financial statements. Notes: The need for restating financial figures can result from fraud, misrepresentation, or a simple clerical error. of our financial statements; the possibility that stockholders or regulatory authorities Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities may initiate additional proceedings against Ariba and/or our officers and directors as a result of the restatements; the impact of acquiring Aliiente and entering into an agreement to acquire FreeMarkets, including the disruption or loss of customer, business partner, supplier or employee relationships; the level of costs and expenses incurred by Ariba as a result of such transactions; and the level of professional fees and expenses incurred by Ariba in connection with its previously disclosed accounting review and associated regulatory and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. proceedings. Factors and risks associated with its business, including a number of the factors and risks described above, are discussed in Ariba's Form 10-K/A filed January 5, 2004. |
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