Announces Executive Appointments Including Vice President of Sales and CFO
Identity and Access Management Company Expands Executive Team to Support High-Growth Business Initiatives
San Ramon, California – July 6, 2005 - Avatier Corporation, a leading provider of global Identity and Access Management (IAM) solutions, today announced the expansion of its executive team with the appointment of Edward Jackowiak, vice president of sales, and Steven Yeffa, chief financial officer. With proven track records at high-growth organizations, the additional team members will lend their seasoned expertise to guide the strategic direction of the company.
Jackowiak will be overseeing the global sales pipeline in addition to identifying methods to ensure a prosperous business model. He will work closely with Yeffa and the rest of the executive team to build future sales and growth forecasts. Jackowiak joins Avatier with more than 15 years of experience, both domestic and international, with competitive multinational software companies. He has a proven sales and management record in the high-tech market, including specific industry expertise gained through four years as vice president of sales with Netegrity, Inc., prior to its acquisition by Computer Associates for $430 million. Jackowiak developed new sales strategies for an unproven market and assembled and led an experienced sales and engineering team. During his time with Netegrity, the company sustained exponential revenue growth and was one of the fastest rising stocks on the NASDAQ, establishing it as a significant player in the IAM market.
“I was drawn to Avatier for its strong presence within an emerging market and the company’s impressive growth plan for 2005,” said Mr. Jackowiak. “Avatier’s drive to lead the IAM market with innovative technologies and its commitment to incorporate feedback from its established customer base has fueled the development of new features and functionality that meet the exacting requirements of IT professionals. As such, Avatier is in the unique position of offering a web-based IAM platform that does not require extensive consulting services, facilitating quick and painless implementations for organizations of all sizes.”
As the CFO at Avatier, Yeffa will direct the day-to-day management of the financials and coordinate all strategic financial decisions. Formerly the COO and CFO of Accusplit, Inc., Yeffa brings nearly 25 years of experience directing financial initiatives. Prior to joining Accusplit, Yeffa was the western region vice president of finance and CFO for IKON Office Solutions, where he directed the financial operations of the one billion dollar region. Previously, Yeffa also served as executive vice president and CFO of Leasing Solutions. He took the company public on the NASDAQ in 1993 and directed its listing on the NYSE in 1997. In 1996, the company relocated him to Europe where he expanded the business and managed the newly acquired operations.
“I am very impressed with Avatier’s management team and the overall market opportunity,” said Mr. Yeffa. “Avatier’s innovative spirit and technical expertise are un-matched and I look forward to being part of a highly talented organization as we continue to deliver advanced IAM technologies.”
“Edward and Steven bring a great deal of experience in recognizing market opportunities and providing strategic leadership for a growing company,” said Nelson Cicchitto, CEO of Avatier. “Expanding the executive team with veterans in their respective fields will help spearhead Avatier’s aggressive strategy to propel awareness of its solutions and lead the IAM market.”