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Captura Software Promotes Dan Vetras to President; Industry Veteran to Head U.S. and International Operations.


BOTHELL, Wash.--(BUSINESS WIRE)--Jan. 12, 1999--Captura Software Inc., a leading provider of global expense management solutions, today announced the promotion of Dan Vetras to president, effective immediately.

Vetras, who joined the company in 1998 as 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.
, will oversee Captura's development, professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , sales, marketing, finance, operations and international expansion for the company's global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. .

"During Dan's tenure, Captura has become a leading provider of global expense management solutions," said Dana Bruttig, chief executive officer of Captura. "He has played a key role in building Captura's reputation of delivering premium products and world-class support to our global enterprise customers including Ford and General Motors. He will guide the management team in all day-to-day aspects of the company's operations and work with me to set the strategic direction of the company."

Tony Audino, managing director of Voyager Capital and a Captura board member, said, "Dan and his team have done a tremendous job of building the Employee Payables(tm) business into one of the most respected in the expense management world. His leadership has propelled Captura into a world-class organization, and this promotion reflects the board's confidence in his ability to lead the company as it evolves from a traditional client-server enterprise software company to a Web-based expense management solution provider."

Vetras, a highly experienced software industry executive, brings more than 17 years in technology and management experience to Captura. He most recently served as vice president of sales at IntraNetics Inc., where his duties included directing worldwide sales initiatives and channel development activities. Prior to IntraNetics, Vetras held management positions at 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) , Lotus and Digital Equipment Corporation.

About Captura Software

Captura(R), headquartered in Bothell, Wash., delivers comprehensive global expense management solutions and world-class services to help companies worldwide control costs, increase profitability, and make better business decisions. The company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Employee Payables, helps global organizations align more closely with Best Practices, enforce expense policy uniformly across the corporation, and reduce the costs associated with the processing of expense reports. Captura has offices in Boston, Chicago, Dallas, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, New Jersey, Raleigh, Seattle, San Francisco, and Washington D.C., with European headquarters in London.

Captura has built a strong infrastructure of customers, partners, and strategic alliances with more than 350,000 seats sold. Customers include General Motors, Ford, Merrill Lynch, Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees.

Quarterly sales $2499M, profits $210M (Aug 1994).

http://compaq.com/.
, Commercial Union Insurance Companies, John Crane Sealol, Lockheed-Martin, Pfizer Inc., SSDS SSDS SQL Server Data Services
SSDS Ship Self Defense System
SSDS Space Science Data System (NASA)
SSDS Sudden Sniffing Death Syndrome
SSDS Secure Software Distribution System
SSDS Sexual Self-Disclosure Scale
, and Unify. For more information about Captura and its products, in the U.S. call 425/487-9484, in Europe call +44 181 263 2914; or visit the company's Web site at http://www.captura.com.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 12, 1999
Words:434
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