Covigna CEO Selected to Address Annual VentureOne Summit.Business Editors/High-Tech Writers VentureOne Summit MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--March 31, 2004 Covigna, Inc., a pioneer in Contract Lifecycle Management (CLM CLM - Career Limiting Move ) automation, today announced that Atif Rafiq, Covigna's 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. , has been invited to speak at the annual VentureOne Summit. The prestigious conference will take place on March 31 through April 1, 2004 at The Palace Hotel, 2 New Montgomery Street Montgomery Street is a north-south thoroughfare in San Francisco, California, in the United States. It runs about 16 blocks from the Telegraph Hill neighborhood south through downtown, terminating at Market Street. , San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation). The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] . Targeting top venture capitalists Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. , corporate executives, and entrepreneurs, the annual conference will examine the trends and state of the venture capital marketplace and highlight emerging technology sectors. VentureOne Summit is the premier event for sourcing new deals and capital within high growth sectors of technology. Covigna was selected out of a large number of high profile start-up companies start-up company A new business. that were nominated by the nation's premier start-up investors. Mr. Rafiq is scheduled to speak on Wednesday, March 31st, 2004 at 4:10 p.m. as part of the conference's Enterprise Software track. He will deliver a presentation on opportunities in the contract lifecycle management software arena and Covigna's leadership strategy in this emerging category of enterprise software applications. The contract lifecycle management category has been projected by analysts to be an unaddressed, multi-billion market and a key investment area for Global 2000 enterprises in the coming years. "I'm honored that Covigna was selected to participate among such an esteemed group of promising companies. I look forward to sharing our company's vision, growth and expansion plans with the VentureOne audience," stated Atif Rafiq, Covigna's president and CEO. Over the course of his career, Mr. Rafiq has structured, managed and evaluated several thousand business contracts, and has led the contract management initiative within a Fortune 50 organization. His expertise includes contract design, authoring, analysis, and performance management. Prior to Covigna, Mr. Rafiq held management roles at a number of public Internet and software companies. He was a founding member of the Business Affairs Group at AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. Time Warner, which generated over $1 billion in annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. contractual revenue for the company. While at Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. , a leading investment bank, Mr. Rafiq advised numerous Fortune 500 executives on key financial management initiatives such as Initial Public Offerings, mergers & acquisitions and complex financings. Mr. Rafiq has published several whitepapers on the topic of automating contract management and has collaborated with leading institutions such Accenture and the Institute of Supply Management to promote awareness of the category. For more conference information, interested parties may visit www.ventureonesummit.com/. About Covigna Covigna, a pioneer in Contract Lifecycle Management (CLM) automation, provides applications, tools and services that automate the entire lifecycle of activities and processes around contracts. Global 2000 enterprises use Covigna solutions to increase process efficiency, structure more favorable relationships, improve access to contractual information, better leverage negotiated terms and eliminate potential contractual risk. Since inception, Covigna has been focused on a singular mission -- to provide software that assists corporations in deriving continuous value from contractual relationships. Some of the world's largest companies have chosen to implement Covigna, including General Motors, Johnson Controls Johnson Controls, Inc. (NYSE: JCI) is a United States company, based in Milwaukee, Wisconsin, specializing in the design, manufacturing, and installation of automotive systems, automotive batteries (Optima[1] based in Denver, Colorado) and climate control systems. , Solectron, Bell Microproducts, and KLA-Tencor. In the last year alone, Covigna customers processed over $40B in contractual transactions. For more information, visit http://www.covigna.com. |
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