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Ken McDonald Joins FreeBalance as Vice President, Sales.


ROSSLYN, Va. & OTTAWA -- FreeBalance Inc., a global leader in E-Government software designed to enhance governance and accountability programs, today announced the appointment of Ken McDonald as Vice President, Sales. At FreeBalance, Mr. McDonald will be responsible for continuing to expand the company's global business in government accountability solutions.

Mr. McDonald brings with him more than thirty years experience in the enterprise software market including executive-level sales leadership and management positions at Siebel Systems Siebel is a brand name of Oracle Corporation. Siebel Systems, Inc., founded by Thomas Siebel in 1993, was principally engaged in the design, development, marketing and support of CRM applications. , Business Objects, UNISYS (Unisys Corporation, Blue Bell, PA, www.unisys.com) An information technology company that was created in 1986 as a merger of the Burroughs and Sperry corporations. At that time, it was the largest merger of computer manufacturers in history. , and AT&T. While Area Vice President of AT&T Canada, Mr. McDonald grew the sales force from 4 to 128 in just four years and led the team to consistently achieve and exceed annual and quarterly targets.

"Ken is a talented sales professional with a unique combination of enterprise and global public sector business development experience," said Bruce Lazenby, 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 FreeBalance. "He brings proven sales methodologies and sales leadership to the table and will be an immediate asset to FreeBalance as we continue to increase our presence internationally."

"FreeBalance has great momentum in the global E-Government market and is clearly focused on delivering proven software solutions that enable accountability and good governance The terms governance and good governance are increasingly being used in development literature. Governance describes the process of decision-making and the process by which decisions are implemented (or not implemented). ," said Mr. McDonald. "This is an exciting time to join the FreeBalance team and I look forward to helping the company move forward and capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 new and immediate global opportunities."

About FreeBalance Inc.

FreeBalance software provides modern democratic governments and governments in transition with the tools and technology required to achieve accountability and transparency. Recent FreeBalance E-Government projects include software implementations and related professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  in Afghanistan, Mongolia, Guyana, Antigua & Barbuda, Jamaica, Timor-Leste, Kosovo, Canada, and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . FreeBalance won both top awards at the 2004 Toronto VentureFair, Canada's premier venture capital event.

www.FreeBalance.com
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Publication:Business Wire
Geographic Code:1CANA
Date:Nov 9, 2004
Words:290
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