Axis Systems Welcomes Dan Gaudreau, CFO at Actuate, to Board of Directors.Business Editors SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 12, 2001 Axis Systems, Inc. today announced that Dan Gaudreau has joined the Axis Systems Board of Directors. Gaudreau is senior vice president of finance and administration and chief financial officer at Actuate Corp. (Nasdaq:ACTU ACTU Australian Council of Trade Unions ACTU AIDS Clinical Trials Unit (Washington University Medical Center, St. Louis, Missouri) ACTU Association of Catholic Trade Unionists ACTU Australian Capital Territory Union ), which helps companies implement their e-Business strategies by utilizing the Internet to deliver relevant business information to their customers, partners and employees. "Axis has not only developed breakthrough technology in reconfigurable computing See adaptive computing. , but has also operated under a business model driven by fast growth and profitability," said Gaudreau. "I am delighted to be associated with high caliber people such as Mike Tsai and his management team." Gaudreau previously served as vice president of finance and CFO See Chief Financial Officer. at Plantronics, Inc. (NYSE NYSE See: New York Stock Exchange :PLT PLT psittacosis-lymphogranuloma venereum-trachoma (group); see Chlamydia. PLT psittacosis-lymphogranuloma venereum-trachoma (group). ) where he helped the company achieve record earnings in the two fiscal years following the firm's initial public offering. "Adding Dan to our Board is an important step towards building a company for the long term," said Mike Tsai, 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 Axis and chairman of the Board. "He has an enviable track record as a CFO. His strong financial management skills are clearly reflected in both Actuate's and Plantronics' dramatic growth and sound financial foundations. He understands the dynamics of high-growth companies, and his knowledge and experience will be valuable assets to Axis as we evolve and expand our markets." Before Plantronics, Gaudreau closed 1992's second largest private equity placement when he was vice president of finance and operations and CFO at Ready Systems, developers of software design tools. Prior to Ready Systems, he was controller of Fremont Manufacturing Operations for Apple Computer, and before that spent 18 years with General Electric where he held various financial management positions in industries such as medical equipment, factory automation and computer aided design (application) Computer Aided Design - (CAD) The part of CAE concerning the drawing or physical layout steps of engineering design. Often found in the phrase "CAD/CAM" for ".. manufacturing". software. About Axis Systems Axis Systems, Inc. offers high-performance verification platforms for the hardware and software development of complex electronic system and system-on-a-chip designs. Axis' products help increase confidence in new designs, improve overall verification productivity and shorten time to market. On a single platform and with one design database, Axis' patented ReConfigurable Computing (RCC RCC - An extensible language. ) technology provides software simulation, accelerated simulation, system emulation and hardware/software co-verification. Axis' verification products go "way beyond fast" -- they not only run fast, but also help customers identify and isolate bugs in a design faster than any other tool on the market. Customers include the world's leading networking and multimedia companies. Axis is headquartered at 209 Java Drive, Sunnyvale, CA 94089. To learn more about Axis, visit www.axiscorp.com. About Actuate Corp. Actuate Corp. is the leading provider of Information Delivery solutions for Global 2000 companies, Internet start-ups and packaged application software vendors. Actuate builds solutions for customer applications including e-CRM, e-Procurement and Net marketplaces. Actuate's Information Delivery solutions make it easy to extract operational data from disparate systems and publish secure, interactive and perfectly formatted content that is seamlessly integrated with the rest of a company's Web site. By instantly delivering personalized content to 100,000s of end users -- without downloads -- companies using Actuate can increase revenue, reduce costs and improve customer service. Actuate has over 1,000 direct customers and over 100 OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and partners including American Express, AT&T, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , BMC Software, Chase Manhattan Corp., Clarify, Enron, Lucent Technologies, WorldCom, PeopleSoft and Siebel. Founded in 1993, Actuate has headquarters in South San Francisco South San Francisco, city (1990 pop. 54,312), San Mateo co., W Calif.; inc. 1908. South San Francisco has several industrial parks; its manufactures include medical supplies and equipment, foods, paint, paper products, consumer goods, and clothing. , Calif., and has offices worldwide. For more information on Actuate, visit the company's Web site at www.actuate.com. Notes to Editors: Photo of Dan Gaudreau is available at www.businesswire.com. Actuate is a registered trademark of Actuate and the Actuate logo is a trademark of Actuate. |
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