Laurence R. Hootnick Appointed to SME Corporation Board of Directors; Former Intel Executive Joins Board of Project Management Software Firm.Business Editors MILL VALLEY, Calif.--(BUSINESS WIRE)--Nov. 21, 2000 SME (1) (Small and Medium-sized Enterprise) See SMB. (2) (Subject Matter Expert) An individual who is well-versed in the policies and procedures of a particular department or division. Corporation, a leading provider of project portfolio management products and services to Fortune 500 companies, announced that Laurence R. Hootnick has joined its Board of Directors. "Larry brings unparalleled experience guiding companies through rapid growth," stated Matthew Meblin, 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. . "He will be a tremendous asset to our corporation as we embark on a major growth run." After beginning his career as an executive with Ford and RCA See RCA connector and video/TV history. , Hootnick served at Intel for 18 years as Senior Vice President of Finance and Administration, Senior Vice President of Worldwide Sales and Marketing, and President of the Embedded Control and Memory Group. Since leaving Intel in 1991, Hootnick has served as President and CEO of Maxtor and Consilium, and has held executive positions at NetManage, Power Computing Not to be confused with the extant computer hardware company also called Power Computing. Power Computing was a short-lived manufacturer of Apple Macintosh-compatible computers. , and Persistence Software. In these positions, he oversaw up to 10,000 employees, and managed operations with more than $1 billion in annual revenue. Hootnick has also been active in the venture capital community as a private investor and as an advisor to several successful startup companies, including BOPS, Blue Pumpkin, and PDHI PDHI Protocol Driven Healthcare, Inc . Hootnick was recently instrumental in assisting SME with obtaining their first round of venture capital funding. "SME Corporation has the vision, the products, and proven client base to achieve market leadership in the high-growth project portfolio management market," stated Hootnick. SME Corporation's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Project InVision(R), allows companies to control critical project information and standardize processes across an enterprise. A Web-based 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 project portal allows geographically dispersed employees, vendors, contractors, and customers to collaborate real-time on projects. This vital Project Portfolio Management solution helps companies make informed decisions regarding project prioritization and the deployment of resources. Customers can purchase SME's award-winning Project InVision software, or rent the hosted solution through the projectinvision.com website. SME Corporation -- Innovators in Enterprise Project Management. SME is an exciting pre-IPO company, founded in 1991, with an established base of customers, including Microsoft, EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , Lucent Technologies, Morgan Stanley Dean Witter, Providian Financial and ExxonMobil. SME partners closely with Microsoft and was honored with their 1997 award for "Best BackOffice Solution" and as a finalist in the 1999 awards for "Best Business Solution." See www.smecorporation.com. |
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