Deja.com Founder Steve Madere Joins Journyx Board; Internet Pioneer Named Board Chairman for Fast-Growing Web-based Applications Provider.Business Editors & High-Tech Writers AUSTIN, Texas--(BUSINESS WIRE)--April 17, 2000 Journyx, the market share leader of Web-based applications for managing a distributed workforce, today announced that the company has named Internet industry veteran and Deja.com founder, Steve Madere, as chairman of its board of directors. While continuing at Deja.com as Chief Technology Officer, Madere will help to steer Journyx through its coming expansion phase. Madere has also made an undisclosed investment in the company. "Journyx is moving rapidly to capture and dominate the distributed workforce management Workforce Management (WFM) encompasses all the responsibilities for maintaining a productive and happy workforce. Sometimes referred to as HRMS systems, or even the larger ERP systems (Oracle, PeopleSoft, SAP). There are many software vendors within this space. market," said Curt Finch, founder 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. of Journyx. "We are thrilled to welcome Steve to our board because we are confident that his extensive background in the Internet marketplace See vertical portal and Web hub. and proven track record in guiding organizations through rapid growth will be invaluable to us." "I'm very impressed with the people and the accomplishments of the Journyx team. The Company's marketing and sales strategy is highly focused and effective and the solutions are the best available in the field," commented Madere. "Journyx is well on its way to dominating the rapidly growing category of distributed workforce management." "We've already assembled a strong team with in-depth industry expertise," added Finch. "Adding Steve enhances our ability to craft and define the vision and strategy that will enable us to achieve our near term growth goals, as well as to drive the company forward into a solid, long term global leadership position." Madere has raised over $50 million in equity investments, has grown Deja.com from ground zero to more than 150 employees, and was recently named one of three finalists for the Austin-region's Ernst & Young Entrepreneur of the Year award. Madere holds a M.S. in physics from the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). at San Diego. About Journyx Journyx is fundamentally transforming how people do their daily jobs by replacing labor-intensive, paper-based processes with a superior, automated, Web-based solution. Founded in 1996, Journyx delivers Internet-based, pay-as-you-go B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business solutions for distributed workforce management used by over 150,000 people in more than 2500 organizations. Current customers include Cisco, GE, IBM Global Services IBM Global Services is the world's largest business and technology services provider. It is the fastest growing part of IBM, with over 190,000 professionals serving customers in more than 160 countries. , PriceWaterhouseCoopers, MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. and CitiCorp. Journyx 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. based in Austin, Texas and maintains a worldwide sales presence through its corporate Web site at www.journyx.com/pr041700. |
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