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Cyveillance Appoints Balsamo As CFO.


Business Editors

ARLINGTON, Va.--(BUSINESS WIRE)--June 2, 2003

Cyveillance(R), a private company and leading provider of 100% Relevant eBusiness Intelligence(TM), today announced that it has named Philip J. Balsamo as CFO See Chief Financial Officer. . Balsamo served most recently as CFO of Vastera, Inc. where he guided that company through rapid expansion and a successful IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard.  in September of 2000.

In making the announcement, chairman and chief executive officer Panos Anastassiadis stated that "with our continued growth, it is important that we expand our depth of experience that can ensure best practices and add new capabilities supporting our strategic goals for expansion."

In addition to Vastera, Balsamo has also served in key senior financial positions with INTERSOLV, Inc., an application enablement software provider; Government Marketing Services, Inc., a computer reseller; MBI MBI Management Buy-In
MBI Moody Bible Institute
MBI Mathematical Biosciences Institute
MBI Modular Building Institute
MBI Mechanical Breakdown Insurance
MBI Molecular Biology Institute
MBI Maslach Burnout Inventory (psychometrics) 
 Business Centers and the Buchanan & Company. He is a certified public accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
 and holds BS in Accounting from Penn State University.

Mr. Balsamo was also a finalist in the NVTC NVTC Northern Virginia Technology Council
NVTC National Virtual Translation Center
NVTC Nissan Valve Timing Control
NVTC Narva Vocational Training Centre (Narva, Estonia) 
 CFO of the Year in 2002.

Cyveillance, the leading provider of 100% Relevant eBusiness Intelligence(TM), provides Global 2000 organizations with high-impact, actionable intelligence Having the necessary information immediately available in order to deal with the situation at hand. With regard to call centers, it refers to agents having customer history and related product data available on screen before the call is taken.  drawn from--and delivered securely over--the Internet. Cyveillance configures its proprietary technology with client-specific parameters to locate and categorize unstructured content, transforming the Internet into a critical resource for increasing revenue, improving operational efficiencies and mitigating mission-critical risk. The company lists 19 of the Fortune 50 as customers. For more information, please call 888.243.0097 or visit www.cyveillance.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 2, 2003
Words:244
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