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DETERMINE Software Appoints Richard D. Kreysar as President and CEO.


Business Editors/High-Tech Writers

SAN FRANCISCO--(BUSINESS WIRE)--June 3, 2004

DETERMINE Software, Inc., a leading provider of enterprise software for managing contractual relationships, today announced that Richard D. Kreysar has joined the company as president and chief executive officer. Richard brings strong operations, sales, business development and marketing experience to DETERMINE. In addition, his extensive background in enterprise software, coupled with his ability to grow companies, will be key to the continued success and growth of DETERMINE.

"Richard's experience and skills are well matched for this phase of DETERMINE's growth as an organization," said Buck Buck

after murder of his master, leads wolf pack. [Am. Lit.: The Call of the Wild]

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 French, DETERMINE board member and general partner at JP Morgan Morgan, American family of financiers and philanthropists.

Junius Spencer Morgan, 1813–90, b. West Springfield, Mass., prospered at investment banking.
 Partners. "Richard has a proven track record in growing companies into leaders in their respective areas and we are delighted that he has taken the helm at DETERMINE."

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. , Richard is Richard I, Richard Cœur de Lion (kör də lyôN`), or Richard Lion-Heart, 1157–99, king of England (1189–99); third son of Henry II and Eleanor of Aquitaine.  responsible for the overall management of the company focusing on sales and marketing leadership, strategic partnerships, and growth and expansion. Before joining DETERMINE, Richard was president and CEO at Accrue To increase; to augment; to come to by way of increase; to be added as an increase, profit, or damage. Acquired; falling due; made or executed; matured; occurred; received; vested; was created; was incurred.  Software where he grew the company from 25 to 250 people and took the company public all within a few years. Prior to Accrue, Richard held several senior management roles at McAfee, Computer Associates, and OPENVISION Technologies. Richard has grown companies organically as well as through mergers and acquisitions and has been principally involved in over 25 M&A transactions.

"DETERMINE has a powerful and proven solution for managing contractual relationships," said Richard. "I am excited to join a company with a strong enterprise software foundation: cutting edge technology, strong referencable customer base, experienced team of software veterans and top tier financial investors. Together with my team, we will continue to strengthen DETERMINE's leadership position in the contract management space."

About DETERMINE Software, Inc.

DETERMINE is delivering a new generation of enterprise software for managing contractual relationships. Designed to extend existing transactional systems, the DETERMINE solution provides companies with the visibility and control they need to effectively manage the costs, performance and compliance of their critical supplier and partner relationships. Moving far beyond first generation contract management tools, DETERMINE provides an extensible solution for aggregating contract information, accelerating lifecycle processes, enforcing contract compliance and managing supplier relationships. By transforming contract data into strategic business intelligence, DETERMINE dramatically increases supplier relationship performance, while effectively managing enterprise spend. Global 2000 companies such as Ace Hardware, ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing.

(2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp.
, Alcoa, Burlington Industries Burlington Industries was a diversified U. S. fabric maker based in Greensboro, North Carolina. The company had operations in the United States, Mexico, and India and a global manufacturing and product development network based in Hong Kong.  Chevron-Texaco, Cummins and Triad Hospitals Triad Hospitals is a Fortune 500 company based in Plano, Texas. It operates 54 hospitals in the United States. In February 2007 it received a merger/buyout offer from another company, and then in March 2007 it received a superior merger/buyout offer from Community Health Systems of  have implemented the DETERMINE solution. Located in San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation).

The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] 
, DETERMINE is venture funded by JP Morgan Partners, Mohr Davidow Venture Partners, New Enterprise Associates and can be reached at www.determine.com or 415-633-2400.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 3, 2004
Words:437
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