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CERTPOINT Appoints Daniel M. Pess as Executive Vice President and Chief Financial Officer.


ROSLYN HEIGHTS Roslyn Heights (rŏz`lĭn), uninc. residential village (1990 pop. 6,405), Nassau co., SE N.Y., on Long Island. William Cullen Bryant lived and is buried in nearby Roslyn. , N.Y. -- CERTPOINT, a leading global provider of e-Learning training and systems, today announced the appointment of Daniel M. Pess as Executive Vice President and Chief Financial Officer. Mr. Pess brings more than 25 years of experience in both public and privately held companies privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
. He has been the senior financial executive in companies from development stage to 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. , through revenues in excess of $350 million. Mr. Pess has a proven track record in mergers and acquisitions to facilitate growth.

As Executive Vice President and CFO See Chief Financial Officer.  of CERTPOINT, Mr. Pess will be responsible for the financial and administrative management of CERTPOINT, including accounting, banking relationships, investor relations Investor relations

The process by which the corporation communicates with its investors.
 and legal, as well as the Human Resource function. He will play an active role in global strategy and related tactical initiatives and execution.

Mr. Pess was formerly Senior Vice President and CFO of USADATA, Inc., and was part of the management team that led a leveraged buy-out buy·out also buy-out  
n.
1. The purchase of the entire holdings or interests of an owner or investor.

2. The purchase of a company or business:
 of the company during a period of rapid growth. Prior to USADATA, he was Senior Vice President and CFO of White Amber, Inc., during which time its revenues increased by five-fold, leading to its successful sale to a large public company. Prior to White Amber, Mr. Pess was Executive Vice President and CFO of QueryObject Systems Corporation. He is a Certified Public Accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
 and began his career with a Big Four international accounting firm. Mr. Pess graduated with high honors from the C.W. Post School of Professional Accountancy.

"I am very excited to join the CERTPOINT team. I believe that CERTPOINT will be the worldwide industry leader in its space. We are currently operating in a fast-paced growth environment that is geared for success. The company's commitment to its partners is second to none and we are hopeful that we can create shareholder value for our stockholders' and for our partners," said Mr. Pess.

The announcement of Mr. Pess as Executive Vice President and CFO reflects the rapid growth of CERTPOINT in the e-Learning, training and education space. In March 2007, CERTPOINT released VLS VLS Virtual Library System
VLS Vertical Launch System
VLS Virtual Learning Space
VLS Vapor-Liquid-Solid
VLS Vinyl Single
VLS Vélos en Libre Service (French: free bicycling service)
VLS Very Long Shot
 5.5, the latest enhanced version of the company's flagship learning management solution. Additionally, in January 2007, the Centre of Excellence for Applied Research and Training (CERT), the largest private training company in the United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. , purchased a minority equity position in the company, showing confidence in CERTPOINT's vision and performance. CERTPOINT hopes to continue its momentum including future plans to initiate an initial public offering, pending market conditions.

About CERTPOINT

CERTPOINT provides comprehensive knowledge transfer solutions that allow global enterprises to rapidly deliver revenue-generating product and service knowledge throughout learning, sales, marketing and customer support channels. CERTPOINT combines patented, award-winning technology, methodologies and services to help increase sales and market share for blue-chip clients including Black & Decker, The Hartford, Toyota, and Whirlpool whirlpool, revolving current in an ocean, river, or lake. It may be caused by the configuration of the shore, irregularities in the bottom of the body of water, the meeting of opposing currents or tides, or the action of the wind upon the water. . Founded in 1996, privately held CERTPOINT serves more than 750,000 users in 35 countries. CERTPOINT has won numerous awards, received top-ranked service and solutions ratings from industry analysts, and maintains the best financial stability ratings from leading financial institutions and information providers. Please visit www.certpointsystems.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 17, 2007
Words:513
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