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Autonomy Appoints Ralph Harms Chief Financial Officer.


Business Editors

SAN FRANCISCO--(BUSINESS WIRE)--Feb. 10, 2000

Autonomy, Inc. announced today that it has appointed Ralph Harms as its new chief financial officer. Harms joins the company from Flycast Communications Corporation (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: FCST FCST Forecast
FCST Federal Council for Science and Technology
), a leading direct response Internet advertising network, where he was chief financial officer. Harms brings over 20 years of finance and management experience to Autonomy. He spent the last nine years as chief financial officer at several technology companies, including Baystone Software, dpiX (a Xerox New Enterprise Company), ESS Technology (NASDAQ: ESST ESST European Inter-University Association on Society, Science and Technology
ESST European Society of Sleep Technologists
ESST Environmental Simulation for Sensitivity Training
) and SEEQ SEEQ Student Evaluation of Educational Quality  (NASDAQ: SEEQ).

Harms has successfully managed two Nasdaq initial public offerings (IPOs), including the $75 million IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard.  of Flycast and the $120 million IPO of ESS Technology. He has also held finance and management positions at Philips Semiconductor, Intel, Rockwell International and Xerox. Harms received his M.B.A. in Finance and Accounting from the University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries.  and a degree in Electrical Engineering and Computer Science from Michigan State University Michigan State University, at East Lansing; land-grant and state supported; coeducational; chartered 1855. It opened in 1857 as Michigan Agricultural College, the first state agricultural college. .

According to Mike Lynch, 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 Autonomy, Harms brings a wealth of experience in technology finance, investor relations and management to Autonomy. &uot;Ralph is a valuable addition to the company's management team and is joining us at a point in time where a solid basis for Autonomy's further growth has been laid,&uot; said Lynch.

&uot;I am very excited about joining one of the world's fastest-growing Internet technology companies,&uot; said Harms. &uot;The foundations for long-term growth have been laid, I look forward to utilizing my experience to help manage and drive this impressive growth.&uot;

Harms replaces Jonathan Spira who continues to serve Autonomy in an advisory capacity.

About Autonomy, Inc.

Autonomy's technology powers large-scale, personalized systems for knowledge management, enterprise portals, new media publishing and electronic commerce. Because of its ability to analyze any piece of text (independent of the document's language) and identify and rank the main ideas, Autonomy can automate a broad range of otherwise labor intensive tasks. These range from categorizing information by subject matter, to inserting hypertext links to related material, to profiling users based on the ideas in the text they read or write, to delivering information to those most likely to be interested.

Autonomy (EASDAQ See European Association of Securities Dealers Automated Quotation. :AUTN) was founded in 1996 and has offices in San Francisco, New York, Washington, D.C. and Boston, in the United States as well as in Cambridge, England, Belgium, France, Germany, Italy, the Netherlands and Norway. Among its 200-plus customers are Alcatel, Associated Press, Barclays Bank, British Aerospace, Clorox, News Corp., Procter &Gamble, Lucent Technologies, Merrill Lynch, SF Gate, Semi-tech, The Royal Mail, Unilever, and the United States Department of Defense. In addition, several software companies are licensing Autonomy's technology to add intelligence to their online publishing, knowledge management, email routing and document management applications, including OpenMarket, Aeneid, CoreChange, Delano, FutureTense, Hyperwave, Insight, Intraspect, KnowledgeTrack, Global Recall, Nexor, Sagemaker, Sybase and Verge.

On July 10, 1998, the company went public on the EASDAQ exchange.
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Publication:Business Wire
Geographic Code:1USA
Date:Feb 10, 2000
Words:490
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