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Centiv Announces New Chief Marketing Officer.


Business/Technology Editors

VERNON HILLS, Ill.--(BUSINESS WIRE)--April 15, 2002

Centiv, Inc. (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
: CNTV CNTV Comisión Nacional de Televisión (Spanish, Colombia) ) announced today that John R. Bauer has joined Centiv as Vice President and Chief Marketing Officer. Bauer has an extensive background in marketing and sales in the consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale
foodstuff, grocery - (usually plural) consumer goods sold by a grocer

plural, plural form - the form of a word that is used to denote more than one
 industry. Most recently, he was the Partner in charge of marketing and sales in a new business venture at Information Resources (1) The data and information assets of an organization, department or unit. See data administration.

(2) Another name for the Information Systems (IS) or Information Technology (IT) department. See IT.
, Inc. in Chicago.

Centiv is enhancing its management team to add packaged goods market expertise to its existing base of technical capabilities. "John Bauer's extensive industry background and specific customer knowledge will be critical in our efforts in this marketplace," commented 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.  William Rychel. "We now have a powerful team to offer high impact web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term.  and digital printing technologies to consumer brand companies."

In this new position, Mr. Bauer will be responsible for helping to set strategic direction for the rapidly growing Centiv business and lead the company in developing new products and partnerships within the point-of-sale industry. "For a young company, Centiv already has a remarkable track record for success in winning over major manufacturers and retailers with their unique business model," explains Bauer. "Centiv's innovative software makes it easy for anyone to design custom signage on the Web and have it ready for their customers in a matter of days. That provides a distinct competitive advantage that our clients can leverage in their categories. It is a great platform for developing additional new products and attracting a broad range of client-partners."

Bauer began his career in sales with The Pillsbury Company Pillsbury is a brand name used by Minneapolis-based General Mills and the The J. M. Smucker Company.  and later transitioned into brand management, where he helped develop and launch a number of new Totino's Pizza products. He furthered his track record of building brands and growing businesses at Tropicana Products Tropicana Products, an American based company, was founded in Bradenton, Florida, USA in 1947 by Anthony T. Rossi. Since 1998, it has been owned by PepsiCo, Inc. History
Anthony T. Rossi
Anthony T.
, where he led the launch of the Grovestand Orange Juice brand in 1993. The brand became the number one new product launch in the Grocery industry that year, and continues to be a core brand within the Tropicana Products franchise. He has an undergraduate degree “First degree” redirects here. For the BBC television series, see First Degree.

An undergraduate degree (sometimes called a first degree or simply a degree
 from Duke University and an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 from the University of St. Thomas University of St. Thomas can refer to:
  • University of St. Thomas (Houston)
  • University of St. Thomas (Minnesota)
  • University of Santo Tomas, Manila, Philippines
  • Pontifical University of St. Thomas Aquinas
See also St. Thomas University
 in St. Paul, MN.

About Centiv

Centiv, Inc. (NASDAQ: CNTV), headquartered in Vernon Hills, IL, offers web services for consumer brand companies to manage their in-store and on-premise POP processes. The delivered product is high quality, digitally produced signage that is mass-customized for the unique requirements of each retail location. Centiv's P.O.P. services are currently used by leading U.S. Corporations including Action Performance, Anheuser-Busch, DuPont, Brown-Forman, GuinnessUDV, PepsiAmericas and TruServ. Additional information regarding Centiv, Inc., may be obtained by contacting Centiv headquarters, 998 Forest Edge Drive, Vernon Hills, IL 60061. Phone 847-876-8300 or fax 847-955-1269, or visit its website: http://www.centiv.com for a product demonstration.

This press release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this press release and include all statements that are not historical statement of fact. The words "may," "would," "could," "will," "progress toward," "move forward," "actively pursuing," "increase," "optimistic", "expect," "estimate," "anticipate," "believes," "intends," "plans," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that such statements are not guarantees of future performance and involve various risks and uncertainties, many of which are beyond the Company's control. Actual results may differ materially from those discussed in the forward-looking statements as a result of factors described below. These risks include, but are not limited to, competitive market pressures, material changes in customer demand, availability of labor, the Company's ability to perform contracts, governmental policies adverse to the computer industry, economic and competitive conditions, and other risks outside the control of the Company, as well as those factors discussed in detail in the Company's filings with the Securities and Exchange Commission, including "Factors That May Affect Future Results" section of the Company's 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.
 for the fiscal year ended December 31, 2001.
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Publication:Business Wire
Date:Apr 15, 2002
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