Authoria Names Peter D. Mann as Vice President of Corporate Development.Business & High Tech Editors WALTHAM, Mass.--(BUSINESS WIRE)--May 1, 2000 Authoria Inc., the leading provider of intelligent, eWorkforce communication products that enable employers and outsourcers to communicate with employees via employee self-service (ESS) and call centers, today announced that Peter (Pete) D. Mann has joined the company in the new role of vice president of corporate development. In this capacity, Mann will be responsible for exploring new strategic business initiatives and acquisitions. Most recently, Mann was vice president at Fidelity Ventures Fidelity Ventures is the venture capital arm of Fidelity Investments. Based in Boston and London, Fidelity Ventures invests in emerging technology companies in North America and Europe. in Boston, where he was responsible for driving Fidelity's venture capital investments in web based Coming from a Web server. See Web application. companies focused on HR, Benefits, Insurance and Healthcare. Since 1996, Mann represented Fidelity on numerous Boards of Directors, including Authoria, TriZetto, and Icarian. Mann also led Fidelity's investment in Conduit Software, an employee self-service (ESS) software developer that was acquired by ProBusiness Services in 1999. Mann brings deep experience in Internet business models, application service providers, and strategic acquisitions to Authoria, and has been a highly visible venture capital investor and board member in the e-benefits space. Mann holds an M.B.A. from Northeastern University Northeastern University, at Boston, Mass.; coeducational; founded 1898 as a program within the Boston YMCA, inc. 1916, university status 1922, fully independent of the YMCA 1948. Graduate School of Business Administration and a B.S. in business administration from Bucknell University Bucknell University (bŭknĕl`), at Lewisburg, Pa.; coeducational; founded 1846 as the Univ. of Lewisburg. Its present name was adopted in 1886. Bucknell has a college of arts and sciences and a college of engineering. . "I've worked with Authoria as an investor and Board member for over two years, and have watched the company execute flawlessly on its business plan. They have put together a world-class management team, secured a who's who Who’s Who biographical dictionary of notable living people. [Am. Hist.: Hart, 922] See : Fame customer base, and have created a truly unique technology and content infrastructure. Authoria is poised to revolutionize the way employees receive information regarding HR and Benefits - solving a very large, systemic problem in a trillion dollar industry. I am honored to have the opportunity to be part of the Authoria team." "Pete has been a guiding force for Authoria at the board of directors level since 1997, and I am extremely excited that he is joining Authoria full time," said Tod Loofbourrow, 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. of Authoria. "While we will miss him at the board level, adding Pete to our executive team is a tremendous opportunity for Authoria. Pete is smart, strategic, incisive, and brings a wealth of experience and insight to the Internet benefits, healthcare and HR space. Pete's widely recognized expertise in web-base products and business models which redefine the mechanics of the Benefits marketplace is a key executive addition as we move aggressively forward with Authoria's mission to transform the way employers and employees interact over the Internet." Authoria'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. line, Authoria HR, is the market's choice providing real-time and on-demand answers to employees' human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. and benefits questions when and where they need it. Deployed across the Internet and corporate Intranets for employee self-service (ESS) or within call centers, Authoria HR provides millions of people with personalized one-to-one communication about events in their work life and personal life. Authoria HR is the market leading Internet application for eWorkforce communication, and was the first Web-based knowledgebase application in the market. About Authoria, Inc. Authoria, Inc. delivers the kind of personalized, high-touch support that employees need - when they need it and where they need it. Over 5 million people rely on Authoria's products through leading outsourcers such as Buck Consultants, Inc. and Exult and at Global 2000 industry leaders such as AlliedSignal, Anheuser-Busch, McDonalds Corporation, T. Rowe Price T. Rowe Price (NASDAQ: TROW) is an independent global investment management firm and mutual fund manager based in Baltimore, Maryland. It was founded in 1937 by Thomas Rowe Price, Jr.. T. , Union Pacific and Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. . Headquartered in Waltham, Mass., Authoria has been ranked by Inc. Magazine and Deloitte and Touche as one of America's fastest-growing private companies. For more information, visit the Company's Web site at www.authoria.com or call (781) 530-2000. Note to editors: Authoria, Authoria HR and Authoria Outsourcer are trademarks of Authoria Inc. All other product names and references contained herein remain the trademarks or registered trademarks of their respective companies. For photos of Peter Mann |
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