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David Weiss Named President and CEO of Numara Software, Inc.; Former President of Blue Ocean to Head Help Desk and Asset Management Leader.


TAMPA, Fla. -- Numara Software, formerly the Blue Ocean Software business unit of Intuit in·tu·it  
tr.v. in·tu·it·ed, in·tu·it·ing, in·tu·its Usage Problem
To know intuitively.



[Back-formation from intuition.
, Inc., (Nasdaq: INTU INTU Intuit, Inc. (stock abbreviation, AMEX) ) today named David Weiss There are several individuals of note named David Weiss, including:
  • David Weiss (novelist), author of The Guilt Makers, The Spirit and the Flesh, Naked Came I, and other works
  • David S.
 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. . The appointment coincides with the company's return as an independent developer of IT management solutions. Weiss is charged with leading Numara Software's aggressive growth plans as the company builds on its existing leadership position in the help desk and asset management market.

Weiss brings a wealth of industry expertise to overseeing Numara Software's plans to develop and acquire new products and services and increase its international reach. Formerly the President of Blue Ocean Software, Weiss led that company's development of Track-It! into the leading IT help desk and asset management product for small and medium-sized businesses, helping IT professionals at more than 45,000 customer sites track over 14 million assets worldwide.

"Based on nearly 15 years of supporting IT professionals, Numara Software has the backing and leadership under David Weiss to seize seize
v.
To exhibit symptoms of seizure activity, usually with convulsions.
 an even greater portion of the worldwide help desk and IT asset management market, which IDC values at $866 million and expects to increase at an average of 11.2% annually through 2008," said Brian J. Conway, a Managing Director at TA Associates, the Boston-based private equity firm that led the buyout Buyout

The purchase of a company or a controlling interest of a corporation's shares.

Notes:
A leveraged buyout is accomplished with borrowed money or by issuing more stock.
 of the Blue Ocean business from Intuit. "David's history with Blue Ocean and deep industry experience and vision make him a strong leader and resource for the new company."

Prior to Blue Ocean, Weiss was Vice President of Marketing at Citrix, where he helped lead the business from 60 employees and $15 million in revenue in 1995 to nearly 2000 employees and over $600 million in revenue in 2001.

"I am excited about Numara Software's future as we look to build on our strong customer base and product offerings," said Weiss "With TA's backing and excellent leadership in place, Numara Software is well positioned to extend its leadership into the broader IT Management market."

About Numara Software Inc.

Numara Software, Inc. is a global provider of IT management solutions for IT professionals who need to simplify and gain control over their increasingly complex environments. Numara Software's trusted solutions automate To turn a set of manual steps into an operation that goes by itself. See automation.  critical IT functions, such as help desk and asset management, software patch and deployment, and network monitoring The term network monitoring describes the use of a system that constantly monitors a computer network for slow or failing systems and that notifies the network administrator in case of outages via email, pager or other alarms. . Unlike manual approaches and overly complicated or expensive software products, Numara Software's Track-It! delivers proven value based on more than a decade of best practices. As the most widely installed help desk and asset management solution, Numara Track-It! has helped IT professionals at more than 45,000 customer sites track 14 million assets worldwide.
COPYRIGHT 2005 Business Wire
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:David Weiss Named President and CEO of Numara Software, Inc.; Former President of Blue Ocean to Head Help Desk and Asset Management Leader.
Publication:Business Wire
Geographic Code:1USA
Date:Dec 12, 2005
Words:429
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