Barry M. Ariko, Former Netscape COO And Head of Oracle Americas, is Named President and Chief Executive of Extricity Software.Business Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com REDWOOD SHORES, Calif.--(BUSINESS WIRE)--Feb. 7, 2000 Extricity(tm) Software, Inc., the leader in business-to-business integration software solutions, has named Barry M. Ariko president and chief executive officer. Ariko, 53, succeeds Ken Ross, Extricity Software's co-founder 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. . Ross will now serve as Extricity's chairman. Ariko brings to Extricity more than 30 years of senior executive-level experience with industry-leading corporations, including Netscape Communications Corp., Oracle Corp., and Tandem Computer, Inc. &uot;Extricity has come a long way since defining the 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 landscape in 1996,&uot; said Ross. &uot;Today, Extricity offers the most comprehensive and easiest to deploy B2B solution in the industry. With its award-winning product and the phenomenally strong B2B market, it's time It's Time was a successful political campaign run by the Australian Labor Party (ALP) under Gough Whitlam at the 1972 election in Australia. Campaigning on the perceived need for change after 23 years of conservative (Liberal Party of Australia) government, Labor put forward a for Extricity to take its next step and bring aboard leadership with the experience needed to take the company to its next level,&uot; said Ross. Most recently, Ariko was executive vice 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. for Netscape. Prior to Netscape, Ariko served as executive vice president and member of the Executive Management Committee at Oracle. Ariko, who joined Oracle in 1994, headed Oracle's Americas operations and was responsible for its global sales practices. Ariko was credited with helping the company achieve much of the growth in its Americas operations, Oracle's largest business unit, which during his tenure, grew to a multi-billion organization. Prior to Oracle, Ariko served at Tandem Computers (company) Tandem Computers - A US computer manufacturer. Quarterly sales $544M, profits $49M (Aug 1994). for 13 years in various executive management roles. &uot;Ken and the Extricity management team are truly visionaries,&uot; Ariko said. &uot;In 1996, Extricity created the B2B category and the company has led the market ever since. As I explored new, challenging career opportunities, I looked for an organization that could fundamentally improve the business landscape and change the way companies use technology to achieve a competitive advantage,&uot; Ariko stated. &uot;Extricity's B2B solution is such a product. I look forward to the exciting challenges that lie ahead for Extricity and to working with the company's outstanding management to meet these challenges.&uot; About Extricity Software Extricity Software, Inc. is the leading provider of comprehensive, standards-based business-to-business software solutions. Extricity enables corporations and their business partners to leverage the Internet to work together as one to reach new levels of efficiency and competitiveness. The Extricity AllianceSeries(tm) family of XML-based B2B solutions enables global corporations to integrate supply chains and deploy today's powerful e-commerce and Net Market environments, including auctions and exchanges, by managing the flow of information and business processes between partners, customers and suppliers regardless of size or existing IT systems. The Extricity AllianceSeries is rapid to deploy, easy to manage and provides a complete B2B platform that ranges from simple to sophisticated, and packaged in a single, standards-based software solution. Founded in 1996, Extricity is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in Redwood Shores, Calif. with offices nationwide and a European headquarters in London. Extricity Software was recently featured in a Time Magazine B2B report and was named as one of the &uot;Top 25 Enterprise Software Companies to Watch&uot; by Fortune Magazine in a issue featuring the Internet. Extricity has strategic business partnerships with companies such as Aspen Technology Aspen Technology (NASDAQ: AZPN) provides software and professional services to the manufacturing and process industries which allows companies to model, manage, and control their operations. AspenTech was founded in 1981 by MIT professor Dr. , IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Intel, Manugistics, OnDisplay, and SAP. Additionally, Extricity is working with major management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects and systems integrators, including Andersen Consulting See Accenture. , CSC, Cambridge Technology Partners, IBM Global Services IBM Global Services is the world's largest business and technology services provider. It is the fastest growing part of IBM, with over 190,000 professionals serving customers in more than 160 countries. , and PricewaterhouseCoopers. For more information, contact Extricity Software by phone at (650) 596-4500, via email at info@extricity.com, or on the web at www.extricity.com. |
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