Vantive's John Luongo Nominated Entrepreneur of the Year Finalist and Honored in Bay Area's Showcase of Success Museum; Vantive CEO and President Recognized for Outstanding Achievements.SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--June 19, 1996--The Vantive Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : VNTV VNTV Vantive Corporation (former stock symbol; now delisted) ), the fastest growing public software company in the customer asset management market, today announced that 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. and President John Luongo has been selected as a finalist for the Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern Entrepreneur Of The Year Award sponsored by Ernst & Young, NASDAQ, USA Today USA Today National U.S. daily general-interest newspaper, the first of its kind. Launched in 1982 by Allen Neuharth, head of the Gannett newspaper chain, it reached a circulation of one million within a year and surpassed two million in the 1990s. , Sprint, and the San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden Business Times. Luongo is also being honored by the Bay Area Showcase of Success for his contributions to the technology industry and for his achievements in business. Entrepreneur Of The Year The Entrepreneur Of The Year Award is a joint collaboration between Ernst & Young, NASDAQ, USA Today, Sprint and the San Francisco Business Times to honor outstanding entrepreneurs. The Northern California Entrepreneur Of The Year Award is given to leaders of growing, dynamic and successful companies. Finalists and winners are selected for their contributions to entrepreneurship and to the community. Northern California's recipients and finalists will be honored at a banquet on June 28, at the Westin St. Francis Hotel The Westin St. Francis is a luxury hotel in the Union Square district of San Francisco, California. The hotel opened on March 21, 1904. The interior was destroyed in the 1906 Earthquake but the structure survived and the hotel re-opened in late 1907. in San Francisco. Bay Area Showcase of Success Privately funded by a local family to benefit the American Cancer Society American Cancer Society, n.pr established in 1913, this national volunteer-based health organization is committed to the elimination of cancer through prevention and treatment and to diminishing cancer suffering through advocacy, scholarship, research, , the Showcase of Success Museum is home to 250 paintings of "movers and shakers" in the Bay Area, including such visionaries and leaders as Jim Clark Jim Clark - Dr. James H. Clark , William Hewlett and David Packard. An oil portrait of Luongo now hangs in the Bay Area Showcase of Success Museum in San Jose at First and St. John Streets. Luongo is being recognized for his outstanding entrepreneurial spirit and leadership capabilities throughout his career and for his contributions to society. About John Luongo John Luongo has more than 20 years of senior operations and chief executive experience working with technology companies including The Vantive Corporation, Oracle Corporation, Merrill, Pickard, Anderson and Eyre, and Tymshare, Inc. As CEO and president of Vantive, Luongo's leadership capabilities have guided the company through several phases of growth. Today, Vantive is the fastest growing software company in the customer asset management market, and has more than 175 employees with 200 world-class, global customers. In August 1995, Vantive completed a successful initial public offering and is now traded on NASDAQ (VNTV). Under Luongo's direction, Vantive has emerged as today's leading provider of comprehensive customer asset management software, spanning sales, marketing, customer support, quality, field service, and internal help desk solutions. Prior to Vantive, Luongo created and directed Oracle Corp.'s International Division and established the company's market leadership in 92 countries. As Senior Vice President of the International Division at Oracle, he was responsible for all overseas sales, marketing, distribution, finance, and strategic business development. He also created and managed Oracle's International Technical Support organization, as well as the Western Region Customer Support group, which substantially improved customer satisfaction during a critical period. In addition, Luongo has held the positions of Senior Consultant of Merrill, Pickard, Anderson and Eyre, a venture capital firm. He started his business career at Tymshare, Inc. where he worked for seven years in various international management positions. In addition to his professional career, Luongo has been an active board member and supporter of the Samaritan House of San Mateo, Calif. Samaritan House is a social services organization which provides food, shelter, clothing, medical, and educational services to those in need in San Mateo County. Luongo earned a B.A. in East Asian History from the City University of New York The City University of New York (CUNY; acronym: IPA pronunciation: [kjuni]), is the public university system of New York City. , and is a member of Phi Beta Kappa Phi Beta Kappa: see fraternity. Phi Beta Kappa Leading academic honour society in the U.S., which draws its membership from college and university students. The oldest Greek-letter society in the U.S. . About The Vantive Corporation The Vantive Corporation (NASDAQ: VNTV) is the fastest growing public software company in the emerging customer asset management software market. The company delivers award-winning products and services that allow companies to attract, retain and leverage customers by automating sales, marketing, customer support, defect tracking, field service and internal help desk functions. Vantive Enterprise, the company's suite of integrated software applications, delivers the enterprise scalability, rich functionality, flexibility, security and rapid implementation required by today's competitive market. Vantive applications are used by world-class, customer-centric companies across all industries to achieve total customer service. Vantive can be reached by calling 800/582-6848 or on the World Wide Web at http://www.vantive.com. CONTACT: The Vantive Corporation Bob Tate, 408/982-5700 btate@vantive.com or The Horn Group Kathleen Flaherty, 415/579-6421 kflaherty@horngroup.com |
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