Captiva Bolsters Sales Management Team with Software Veterans; New Executives to Help Expand the Company's Market Presence.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. -- Captiva Software Captiva Software is now part of EMC Software Group, a division of EMC Corporation.[1] Captiva makes software solutions for document information processing and data capture from paper and electronic documents and provides related services. 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 :CPTV CPTV Connecticut Public Television ), a leading provider of input management solutions, today announced the addition of two new executives to its sales management Sales Management Role and Goal Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a team. Both possess an abundance of enterprise-level software sales experience, which should help Captiva accelerate revenues, strengthen customer relationships and expand indirect sales through its alliance and channel partners. Don Foster has joined Captiva as its Vice President of America Field Sales and will be responsible for all sales activities throughout the Americas. Mr. Foster is a seasoned executive with more than 16 years of experience in successfully leading sales and service functions at innovative enterprise software companies. He comes to Captiva from VERITAS where, as Vice President of America Partner Sales, he drove indirect software license and service revenues to more than $300 million in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Prior to that, Mr. Foster was Vice President of Worldwide Sales for Hitachi Data Systems' Storage Business Unit, and he held executive sales positions at Data General Corporation, R-Byte, Dataproducts Digital Equipment and Computervision. Wayne Ford Wayne W. Ford is the Iowa State Representative from the 65th District. He has served in the Iowa House of Representatives since 1997. He received his BSE from Drake University. has joined Captiva as its Vice President of Strategic Alliances and Channel Development. In this new position, Mr. Ford will lead Captiva's partnering strategies and programs, leveraging strategic alliances and channel partners to advance the company's growth initiatives. Most recently serving as Senior Director of Solutions Sales at VERITAS, Mr. Ford led a team of solutions sales specialists focused on emerging business solutions. Prior to that, he ran VERITAS' Global Platform Alliances organization, managing relationships with partners such as Hewlett-Packard, 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) and Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. . Prior to VERITAS, Mr. Ford served as Director of Western U.S. 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 Sales for Quantum Corporation, and he held both direct and indirect sales positions of increasing responsibility over a 13-year tenure with Hewlett-Packard. "We're extremely pleased to welcome these outstanding professionals to our sales organization. Both Don and Wayne bring an abundance of direct and indirect sales experience to Captiva, and both have impressive track records of aligning companies with customer needs in order to maximize business potential," said Howard Dratler, Captiva's Executive Vice President of Field Operations. "We believe these additions help position Captiva for accelerated growth and will help make our products available to a wider range of customers." "I'm excited to join Captiva at a time when the company is aggressively expanding its presence in the input management segment of the enterprise content management (ECM (1) (Enterprise Change Management) See version control and configuration management. (2) (Error Correcting Mode) A Group 3 fax capability that can test for errors within a row of pixels and request retransmission. ) market," said Mr. Foster. "I look forward to helping Captiva leverage its strong North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. sales team to better serve the needs of its expanding customer base." Mr. Ford said, "As a leader in input management solutions, Captiva is well positioned to bring value to both resellers and end users in the ECM space. I'm excited to join Captiva to help drive strategic partnering opportunities that allow the company to expand its market reach and enter complementary vertical markets. With the new Captiva Connected Partner Program, we plan to develop strong relationships with our strategic channel and alliance partners, creating a competitive advantage for Captiva and bringing a unique value proposition to our customers." In connection with these and other non-officer hires, Captiva has issued a total of 80,000 options to purchase shares of common stock of the company under its 2003 Recruitment Equity Incentive Plan, at the market price as of the date of grant and vesting over either two or four years. About Captiva Captiva Software Corporation (NASDAQ:CPTV) is a leading provider of input management software solutions. Since 1989, the company's award-winning products have been used to manage business critical information from paper, faxed and scanned forms and documents, Internet forms and XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. data streams into the enterprise in a more accurate, timely and cost-effective manner. These products automate the processing of billions of forms and documents annually, converting their contents into information that is usable in database, document, content and other information management systems. Captiva's technology serves thousands of users in insurance, financial services, government, business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in , direct marketing and other markets. For more information, visit www.captivasoftware.com. This press release may contain forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they prove incorrect, could cause Captiva's results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, among other things, any projections of earnings, revenues (including where the underlying contract has already been signed), or other financial items; any statements of the plans, strategies, and objectives of management for future operations; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; statements of belief and any statement of assumptions underlying any of the foregoing. The risks, uncertainties and assumptions referred to above include, among other things, performance of contracts by customers and partners; employee management issues; the timely development, production and acceptance of products and services and their feature sets; the challenge of managing asset levels, including inventory; the flow of products into third-party distribution channels; and the difficulty of keeping expense growth at modest levels while increasing revenues. Announcements of contract awards should not be interpreted as reflecting revenue in any particular period and may relate to revenue recorded in prior periods. These and other risks and factors that could cause events or Captiva's results to differ from those expressed or implied by such forward-looking statements are described in our most recent annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and quarterly reports on Form 10-Q Form 10-Q See 10-Q. , as well as other subsequent filings with the Securities and Exchange Commission. Captiva assumes no obligation and does not intend to update these forward-looking statements. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion