CoreStreet Hires Industry Veteran as SVP Sales and Marketing.Business Editors/High-Tech Writers BOSTON--(BUSINESS WIRE)--June 3, 2003 -CoreStreet, a leading provider of authorization and validation technology, today announced the hiring of Paul Ohrenberger as senior vice president of sales and marketing. Ohrenberger is a software and security industry veteran who brings more than twenty-five years of sales and marketing experience to CoreStreet. "Paul is a true professional with a proven track record of growing successful sales and development organizations," said Peter Hussey, 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. of CoreStreet. "I am delighted to have him join the CoreStreet team and am confident he will make a tremendous impact on our company." A distinguished executive, Ohrenberger served most recently as vice president of channel sales and development for the Americas at PTC (PTC, Needham, MA, www.ptc.com) Long a world leader in mechanical computer-aided design, manufacturing and engineering software, PTC, through acquisitions and reorganization, has transformed itself into a leading provider of Internet-based B2B solutions for discrete manufacturers. where he revitalized sales channels adding more than 1500 new customers. Prior to PTC, Ohrenberger served as vice president of North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. sales at Baltimore Technologies Baltimore Technologies was an internet security firm founded in 1976 by Michael Purser. It was acquired in 1996 by a team financed by Dermot Desmond and led by Fran Rooney, who became CEO. where he won key accounts and doubled sales over a two-year period. Ohrenberger has also held senior sales positions at Lotus Development Corporation (company) Lotus Development Corporation - A software company who produced Lotus 1-2-3, the Symphony spreadsheet and Lotus Notes for the IBM PC. Disliked by the League for Programming Freedom on account of their lawsuits. Quarterly sales $224M, profits $10M (Aug 1994). and Wang Laboratories Wang Laboratories - Computer manufacturer, known for their office automation products. Quarterly sales $208M, profits $3M (Aug 1994). . He has a B.A. from Marquette University and resides in Dedham, MA. "CoreStreet's unique technology solves a recognized need in the market with a scale and ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). never before possible," said Paul Ohrenberger, senior vice president of sales and marketing for CoreStreet. "Coupled with a solid management team and dedicated investors, CoreStreet is poised for fantastic growth and I'm thrilled to be a part of it." About CoreStreet Bridging the security gap between physical and information security, CoreStreet provides the only secure authorization and validation technology for connected and intermittently connected environments. Combining security, safety and convenience, CoreStreet enables organizations to grant or revoke an individual's access rights to a building, computer network, laptop, or wireless devices immediately in real time. The company, headquartered in the Boston area, holds 14 patents with more pending. For more information, visit www.corestreet.com. |
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