Ceon Corporation Adds Douglas Matthew Schrier as Executive Vice President, Strategic Corporate Business Development.Business Editors REDWOOD CITY, Calif.--(BUSINESS WIRE)--June 19, 2000 Fortune 500 Veteran Set To Drive Growth of Service Fulfillment Provider In Cable And Telecommunication Industries Ceon Corporation(TM), a pioneer provider of eBusiness service fulfillment solutions, has appointed Douglas Matthew Schrier as Executive Vice President of Strategic Corporate Business Development. Schrier will focus on business development, fundraising from venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] , strengthening relationships with strategic partners, affiliate management and developing new business models for Ceon. Before joining Ceon, Schrier served as Senior Vice President for Acquisitions and Strategic Ventures at Science Applications International Corporation (SAIC SAIC - http://saic.com. ), a Fortune 500 company, and the world's leading privately owned technology company, with annual revenues topping $6.5 Billion. At SAIC Schrier oversaw acquisitions, joint ventures, minority investments, partnerships and technology licensing agreements and reported to the Chief Executive Officer. Schrier completed 15 strategic investments totaling nearly $200 MM in next-generation telecommunications software providers, carriers, and equipment providers. Of these, five have gone public, and three are currently preparing to go public. Schrier has also served as a director for three technology companies, one of which was public. "Douglas Schrier has a well deserved reputation as a dynamic and innovative force in corporate business development," said Tim Fritzley, 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. , Ceon Corporation. "His extensive experience in the software and telecommunications fields will greatly accelerate Ceon's efforts to become a leader in the provisioning software industry." Before working at SAIC, Shrier served as CFO/COO at Multum Information Services See Information Systems. , Inc., where he managed the company's day-to-day operations, played a key role in closing sales, oversaw software development and led the raising of capital totaling over $28 million. He started his career in venture capital and corporate finance in 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 , working with Salomon Brothers and Prudential Bache Securities. Schrier holds a Masters of Business Administration from Columbia University and an undergraduate degree in Economics from DePAUW University. About Ceon Corporation Ceon Corporation (www.ceon.com) is a pioneer in delivering real eBusiness solutions that empower service providers to bundle, provision and manage multimedia services. Ceon solutions integrate service providers' disparate OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. elements, resulting in rapid implementations, reduced service delivery time and improved customer retention. 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 City, California Redwood City is a suburb located on the San Francisco Peninsula in the San Francisco Bay Area of California. Redwood City is the county seat of San Mateo County. As of the 2005 census, the city had a total population of 76,000. , Ceon also has offices in Europe. |
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