Well, we (and I use the term loosely) got a new President and COO. This sounds very positive - as if SYSF is committed to the success of SysWiz. Over the last week we have heard of all the other successes in all other product lines, but nothing about SysWiz. Hopefully some concrete good news will result.
The market is scary.
Good luck to us all,
Darryl
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Thursday November 13, 5:02 pm Eastern Time
Company Press Release
SystemSoft Names Deborah M. Besemer President and Chief Operating Officer
Lotus Executive Brings World-Class Sales and Channel Development Expertise To Lead System-Level Software Firm's
Next Growth Phase
NATICK, Mass.--(BUSINESS WIRE)--Nov. 13, 1997-- SystemSoft Corp. (NASDAQ:SYSF - news), a leading worldwide provider of enabling software
technologies for original equipment manufacturers (OEMs), today named Deborah M. Besemer president and chief operating officer. Besemer, who also was
named to the company's board of directors, will report directly to SystemSoft founder Robert F, Angelo who retains the roles of chairman and chief executive
officer.
At SystemSoft, Besemer will initially focus on extending the early success of SystemSoft's SystemWizard product line as the company adds new markets and
channels for that product. Besemer will be responsible, for running all day-to-day operations at SystemSoft including sales, marketing, engineering and finance.
Angelo will now focus primarily on the company's strategic direction, the markets it serves and new technologies.
''It is a personal and professional pleasure to welcome Deborah to SystemSoft's executive management team and board of directors,'' said Angelo. ''Today's
announcement is the culmination of an extensive search that I began eight months ago for the right leader who can help SystemSoft attain new levels of growth
and success. We are fortunate to have attracted such a talented executive who can bring new ideas, processes and structures to the operation of our company.
With her wealth of sales and channel development experience and outstanding record of profitable growth as head of Lotus' worldwide field operations,
Deborah brings a deep understanding of direct, reseller, channel and OEM sales and customer support issues. This expertise will be especially valuable to us
as we extend our leadership in system-level software markets and expand on the early success of our 18-month-old SystemWizard product line.''
Besemer spent the past 11 years at IBM's (NYSE:IBM - news) Lotus Development Corp., subsidiary. Most recently, Besemer was executive vice president
of worldwide field operations, where she was responsible for more than 4,000 employees in all customer operations, including corporate sales,
business/partner channel sales and marketing, consulting, support, service, and education. Earlier, Besemer was senior vice president of worldwide sales for
two years, where she reporting directly to Lotus CEO Jeff Papows. From 1990 to 1995, Besemer was vice president, the Americas for Lotus, where she
helped grow the Lotus Notes business into a major groupware player, At Lotus, Besemer also played an integral role in helping the company reinvent itself as
a business-to-business Internet software supplier and helped formulate the company's integration strategy and execution following Lotus' merger with IBM.
''This is a great time to be joining SystemSoft, which I believe is poised to expand its position as a technology innovator in the PC industry,'' said Besemer. ''I
welcome the challenge of helping SystemSoft build on its outstanding reputation as an enabling software supplier to the world's leading PC OEMs.''
Prior to Lotus, Besemer held sales and marketing roles with Chase Economics/Interactive Data Corp. and Citibank. She holds a bachelor's degree from
Cedar Crest College and an MBA from Rutgers University.
ABOUT SYSTEMSOFT
SystemSoft is a leading worldwide provider of system-level, connectivity and problem-resolution software. SystemSoft's portfolio of technology innovations
includes SystemWizard, CardWizard PC Card software, Universal Serial Bus firmware, ACPI firmware and development tools and BIOS. Founded in 1990,
the company reported annual revenue of $39.7 million in its 1996 fiscal year. SystemSoft licenses its products primarily to Original Equipment Manufacturers
(OEMs), including PC manufacturers and independent software and hardware vendors. Its customers include Acer, Apple Computer, AST Computer,
Compaq, Digital Equipment Corporation [NYSE:DEC - news], Gateway 2000, Hewlett-Packard, Hitachi, IBM, Intel, Microsoft, Motorola, NEC, Packard
Bell, Sykes Enterprises, Inc. and Toshiba.
Information on SystemSoft products and services is available on the World Wide Web at systemsoft.com .
Any statements that are not historical facts contained in this release are forward looking statements that involve risks and uncertainties, including but not limited
to those relating to product demand, pricing, market acceptance, the effect of economic conditions, intellectual property rights and litigation and the outcome of
governmental proceedings, competitive products, risks in product and technology development, the results of financing efforts, the ability to complete
transactions, and other risks identified in the Company's Securities and Exchange Commission filings. |
