Avexus Inc. Names Michael Grad Vice President Worldwide Sales.Business Editors & High-Tech Writers SAN DIEGO--(BUSINESS WIRE)--May 23, 2001 Avexus Inc. the leading software solutions provider for the maintenance, repair and overhaul Maintenance, Repair and Overhaul or MRO is a multi-billion dollar industry which works on international authorization rules to deliver a safe airline operation and to assure reliability and availability of customer fleets. industries, has appointed Michael Grad as vice president, worldwide sales, it was announced today by Doug McGregor, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Grad has spent the past 22 years in the software industry, most recently as the vice president of sales and marketing for a B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business technology start-up. Michael made his mark in the software industry when he joined Interactive Group in 1990, ultimately becoming vice president of sales. Michael was instrumental in growing Interactive Group from $6 million in revenue to nearly $60M during his tenure. Upon Interactive's merger with DataWorks Corp. in 1997, Michael was promoted to the position of Vice President of Sales of the newly merged company's largest division and remained in that role as DataWorks and Platinum Software later merged into a $300M company at the end of 1998. "Michael Grad comes to Avexus with exactly the right credentials and sales background experience that Avexus requires," said McGregor. "We are excited to have Michael as a part of the team and to apply his leadership in growing our sales." "We are tremendously excited to have hired Michael," added Andrew Dumke, 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. and founder of Avexus. "He is a man of great ability and integrity, and we are confident that this key appointment will be the next step in our dramatic growth." Before joining Avexus, Grad was vice president of sales for an e-Commerce application service provider. He earned his B.A. in Political Science from Franklin and Marshall College Franklin and Marshall College, at Lancaster, Pa.; United Church of Christ (Evangelical-Reformed); coeducational; est. 1787 as Franklin College, reorganized 1853 when it merged with Marshall College (chartered 1836). , and is based in Avexus' San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. office. About Avexus Avexus is the leading software solutions provider for the maintenance, repair and overhaul industries serving highly engineered assets. Avexus provides focused solutions for 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. organizations that serve the aerospace, power generation, rail and maritime industries, with Impresa im·pre·sa n. An emblem or device with a motto. [Italian, undertaking, impresa; see impresario.] as the cornerstone of the Avexus Solution product suite. Avexus was funded by Moore Capital, QT Ventures, Pembroke Capital, Highbar Ventures (a fund for angel investments owned by Bill Joy, Andreas Bechtolsheim and Roy Sardina) and other notable angel investors. The Avexus Board includes R. Terrence Rendleman, CEO of Aeroexchange and formerly senior vice president of technical operations at United Airlines; James Caccavo, general partner of Moore Capital, and Andrew Dumke, Avexus founder and CEO. More information about Avexus, Impresa and services is available at www.avexus.com or 800/413-2797. |
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