Federation Announces Paul Baan New Chairman of the Board.Business Editors ENGLEWOOD, Colo.--(BUSINESS WIRE)--July 30, 2002 Federation, Inc. an innovative provider of global content repository solutions for engineered products, announced that Paul Baan has been named Chairman of the Board of Directors for Federation, Inc. A successful and prosperous entrepreneur, Paul Baan brings decades of technology and entrepreneurial experience to Federation's board. Baan was a co-founder and past president of Baan Company, a major ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. and PDM (1) (Product Data Management) An information system used to manage the data for a product as it passes from engineering to manufacturing. The data includes plans, geometric models, CAD drawings, images, NC programs as well as all related project data, notes and provider based in the Netherlands. Paul founded the Vanenburg Group and the Noaber Beheer Foundation, which are venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] investing in innovative IT companies. Both Vanenburg and Noaber have invested in Federation. "Paul's vision and contacts in the enterprise software space have been a tremendous asset to Federation," said Andrew J. Lukes, 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. of Federation. "We are honored to have such a well known enterprise software visionary in such an important position in our company." "Federation is uniquely positioned to dramatically improve the product development process by creating transparency (1) The quality of being able to see through a material. The terms transparency and translucency are often used synonymously; however, transparent would technically mean "seeing through clear glass," while translucent would mean "seeing through frosted glass." See alpha blending. across heterogeneous design and manufacturing environments," stated Paul Baan. "Leveraging the early successes of Federation on the high profile JSF (JavaServerFaces) A standard framework of components for building rich user interfaces for Java applications. JavaServer Faces run on the server, but are displayed on the client. JSF - JavaServer Faces project, I am extremely excited about the near term prospects for this up and coming organization." About Federation(R) Headquartered in Englewood, Colorado Englewood is a city in Arapahoe County, Colorado, USA. As of 2005, the city is estimated to have a total population of 32,350.[5] It is part of the Denver-Aurora Metropolitan Area. , Federation develops software for global manufacturing organizations seeking to improve the product development process. This new enterprise application software facilitates the seamless flow of all design and product information as it is created or revised between all partners in the design and manufacturing process in global multi-site enterprises, as well as in online communities of OEMs and their suppliers. Federation is the only company providing a vendor-neutral solution to the manufacturing community. For additional information please visit Federation at www.federationweb.com. |
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