Convera Names Steven M. Samowich as New Chief Operating Officer.Business Editors/High-Tech Writers VIENNA, Va.--(BUSINESS WIRE)--May 13, 2004 Convera Corporation Convera was formed in December 2000 by the merger of Intel's Interactive Services division and Excalibur Technologies Corporation. Until 2007, Convera's primary focus was the enterprise search market through its flagship product, RetrievalWare, which is widely used within the secure (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 :CNVR CNVR Conveyor ), a leading provider of search and categorization software for enterprises and government agencies, today announced that Steven M. Samowich has joined the company 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. . Samowich will be responsible for the company's product development, marketing, sales, professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. and customer support functions. "We are pleased to have an executive with Steve's broad range of business and sales expertise to lead Convera's key operating functions," said Patrick C. Condo, President and 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. , Convera. "Steve's experience in both the commercial and government markets will be a valuable asset for our company as we continue to pursue growth in these markets." Samowich recently served as Vice President of the Government Business Unit at OpenText Corporation where he was responsible for the sale of collaboration and document management software to federal government agencies and defense contractors. He also held the position of President, CEO and member of the Board of Directors at Infodata Systems, a NASDAQ listed information technology professional services and systems integration firm in Fairfax, Virginia Fairfax is an independent city forming an enclave within the confines of Fairfax County, in the Commonwealth of Virginia. Although politically independent of the surrounding county, the City of Fairfax is nevertheless its county seatGR6. . Earlier in his career, Samowich served as Corporate Vice President and Division General Manager at Simplex Time Recorder in Gardner, Massachusetts Gardner, Massachusetts is a city in Worcester County, Massachusetts, United States. The population was 20,770 at the 2000 census. Gardner is home to Dunn Pond State Park, Gardner Heritage State Park, Lake Wampanoag Wildlife Sanctuary, and Mount Wachusett Community College. , managing a $100M business where he grew software revenues threefold, and as Vice President and General Manager of 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. at Visix Software in Reston, Virginia Reston is an internationally known planned community whose goal was to revolutionize post-World War II concepts of land use and residential/corporate development in American suburbia. . Additionally, Samowich worked in various commercial and government 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 positions during a 13-year career with Computervision of Bedford, Massachusetts Bedford is a town in Middlesex County, Massachusetts, United States. It is within the Greater Boston area, some 15 miles north-west of the city of Boston. The population of Bedford was 12,595 at the 2000 census. . "I am delighted to join Convera as we continue to improve the execution of our growth strategy within the enterprise search software market," said Steven M. Samowich, Chief Operating Officer, Convera. "I look forward to sharpening the focus of our product development, marketing and sales efforts on providing high value solutions to our customers in the fastest growing market segments." About Convera Convera is a leading provider of mission-critical enterprise search and categorization solutions. Convera's RetrievalWare solutions maximize return on investment in vast stores of unstructured information by providing highly scalable, fast, accurate and secure search across more than 200 forms of text, video, image and audio information, in more than 45 languages. More than 900 customers in 33 countries rely on Convera's search solutions to power a broad range of mission-critical applications including enterprise portals, knowledge management, intelligence gathering, profiling, corporate policy compliance, regulatory compliance, customer service and more. For more information, contact Convera at 800-788-7758, via e-mail at info@convera.com or on the Web at www.convera.com This release, including any statements from Convera personnel, contains statements about Convera's future expectations, performance, plans, and prospects, as well as assumptions about future events. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, business and economic conditions and trends; continued success in technological advances; possible disruption in commercial activities caused by terrorist activity and armed conflict, such as changes in logistics and security arrangements; reduced customer demand relative to expectations; competitive factors; and other risk factors listed from time to time in the company's SEC reports. Actual results may differ materially from our expectations as the result of these and other important factors relating to Convera's business and product development efforts, which are further described in Convera's filings with the Securities and Exchange Commission. These filings can be obtained from the SEC's website located at www.sec.gov. Any forward-looking statements are based on information available to Convera on the date of this release, and Convera assumes no obligation to update such statements. The Convera design logo and the following are worldwide trademarks of Convera: Convera(TM), RetrievalWare(R), and Screening Room(R). The names of actual companies and products mentioned herein may be the trademarks of their respective owners. |
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