CyLex Appoints Bill E. Newell as CEO, President.Business Editors BOCA RATON, Fla.--(BUSINESS WIRE)--May 16, 2001 CyLex Inc., an application service provider of content management solutions, today announced the appointment of Bill E. Newell as 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. . Newell has more than 30 years experience and an established record of building value in companies in the imaging and emerging technology industries. Newell will lead the company through its next growth phase replacing CyLex co-founder Dr. Zijad Aganovic, who was named to the position of Chairman of the Board. "We are very excited that Bill has agreed to join CyLex," said Brian Schwartz, managing director of HIG HIG Human immunoglobulin, see there Ventures and member of the CyLex board of directors. "He brings with him an exceptional set of business management skills combined with a detailed knowledge of document and content management solutions and related issues." With a proven record of successful turnarounds, mergers, acquisitions and corporate development, Newell has served as president/CEO for five successful companies including US Data Corp., Micro Dynamics LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . and PPS/Husky Computers Inc. Newell most recently held the position of vice president of Safeguard Scientifics, Inc., where he provided managerial and strategic leadership to selected portfolio companies and served as a business partner to those companies. Newell began his career at 3M Company, General Electric and Honeywell after graduating from the University of Iowa Not to be confused with Iowa State University. The first faculty offered instruction at the University in March 1855 to students in the Old Mechanics Building, situated where Seashore Hall is now. In September 1855, the student body numbered 124, of which, 41 were women. , Parsons College with a Bachelor of Business Administration “BBA” redirects here. For other uses, see BBA (disambiguation). The Bachelor of Business Administration (BBA) is a bachelor's degree in business studies. . About CyLex Inc. CyLex Inc. is 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. established in 1994 to create a new paradigm New Paradigm In the investing world, a totally new way of doing things that has a huge effect on business. Notes: The word "paradigm" is defined as a pattern or model, and it has been used in science to refer to a theoretical framework. for the delivery of document management services. Its flagship service, i-DOX, leverages advances in imaging, content management, and the Internet to provide the leading outsourced on-line document/content management services available today. CyLex is a founding member of the ASP Consortium and a leader in this rapidly growing industry segment. The company's back-end application, combined with its business and computing infrastructure, are the core technologies that distinguish CyLex in the ASP industry. These core technologies are built around strategic alliances with best-of-breed technology partners that include Documentum, Citrix, and Daleen Technologies. Strategic alliances with these leading technology providers enable CyLex to provide unparalleled levels of security, service and systems availability to its customers. CyLex is headquartered in Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. . For more information on CyLex, or to view a national listing of our planned seminar events, visit the company's web site at www.cylex.com |
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