New Headquarters, European Expansion and Key Promotions Position Net Perceptions for Ongoing Growth
Monday, June 21, 1999 08:15 AM Mail this article to a friend
MINNEAPOLIS, June 21 /PRNewswire/ -- On the heels of its successful IPO, Net Perceptions (Nasdaq: NETP), the leading supplier of realtime personalization solutions, today announced several new developments aimed at sustaining the company's high level of customer service as it continues its rapid growth.
The changes include the appointment of six new members to the management team, the opening of the company's new headquarters facility in Minneapolis and Net Perceptions' plans to expand into Europe, the Middle East and Africa.
Management Team Expands
Net Perceptions has made the following appointments:
Doug Burgham, Board Member. A respected executive in the software industry, Burgham has served as President of Great Plains Software since 1984. He assumed the title of CEO in 1991 and was named Chairman of the Board in 1996. Previously, Burgham was a management consultant in the Chicago office of McKinsey & Company, Inc. He holds a B.S. from North Dakota State University and an M.B.A. from the Stanford University Graduate School of Business.
Steve VanTassel, VP Product Management. VanTassel joined Net Perceptions as Director of Business Development in September 1998. Prior to joining Net Perceptions, he spent fourteen years with IBM where he led IBM's worldwide product management for the retail and direct marketing industries. He also held responsibility for IBM's E-commerce solution initiatives for the retail industry in North America.
Steve Jacob, VP Europe, Middle East, Africa (EMEA). Prior to joining Net Perceptions, Jacob served as VP EMEA for Cascade Systems, Scopus Technology and Landmark Graphics. He was also UK Sales Director for Ingres Corporation. Due to Jacob's track record and deep regional experience, he will be heading up EMEA expansion from Net Perceptions' soon to be announced European headquarters in the UK.
Rich Novak, VP Sales, Western Region. Novak comes to Net Perceptions from Microstrategy, Inc., where he was Vice President of the Western Region. He also has held positions with Stanford Technology Group, Tandem Computers, Data General Corporation and Honeywell.
George Nader, VP Sales, Eastern Region. Nader has been with Net Perceptions since May 1997, most recently serving as Director of Eastern Region Sales. Before joining the company, Nader was Manager of Government Sales at Autodesk, the world leader in computer-aided design software. Nader is a Registered Professional Engineer in the State of New Jersey. He holds a graduate degree in Civil Engineering from the University of Michigan.
Nanci Anderson, VP Customer Solutions. Anderson joined Net Perceptions as General Manager of Customer Solutions in September 1998 after heading Oracle Corporation's successful technology consulting practice in the Twin Cities. Prior to that, Anderson developed a track record for building highly-respected professional services organizations at Lawson Software, KeyTech LLC, Cognos Corporation and ONTOS Corporation.
New Headquarters Provide More Room to Grow
To accommodate current and anticipated growth, Net Perceptions recently moved its corporate headquarters to a new 27,000 sq. ft. facility, a space more than 400% larger than its original facility which provides significant room to accommodate the growth which is anticipated over the next 18 months.
To preserve the "team spirit" that is a core value of Net Perceptions' corporate culture, the new facility incorporates comfortably casual "play spaces" where team members from diverse disciplines are encouraged to take time-outs and collaborate on projects.
"We've also expanded our offices in New York and San Francisco," said Tom Donnelly, Net Perceptions CFO. "In the near future, we plan also to open a new facility in the UK to serve as headquarters for our European, Middle Eastern and African operations."
About Net Perceptions
Net Perceptions is the leading supplier of realtime personalization solutions that enable companies to market to customers on a true one-to-one basis. The originator of the Realtime Recommendation Platform, which integrates collaborative filtering, neural network, fuzzy logic and genetic algorithm technologies, and automatically applies the optimum technology to whatever recommendation or personalization task is at hand. Net Perceptions' founders include the original team of University of Minnesota researchers who pioneered the concepts and applications of collaborative filtering. The company was recently awarded the Sloan E-Commerce Technology Innovator Award by MIT's Sloan School of Management Net Perceptions products include Net Perceptions for E-Commerce, Net Perceptions for Ad Targeting (powered by Neural), Net Perceptions for Call Centers and the Net Perceptions Recommendation Engine. Net Perceptions, based in Minneapolis, is a publicly held company which operates additional offices in New York and San Francisco. Over 85 Internet innovators have selected Net Perceptions solutions including: ART.com, Audio Book Clubs, Bertelsmann Online, Billboard Talent Net, CDnow, E!Online, iVillage, Planet Direct, SkyMall, Ticketmaster Online and Tower Records. Net Perceptions can be reached by calling 1-800-466-0711 or via the World Wide Web at netperceptions.com .
SOURCE Net Perceptions
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