Westmont, IL--February 17, 1999--Silvon Software announced today that it has fortified its executive management team with the additions of George (Bud) Barry as chief financial officer and Wayne Nathanson as vice president of business development.
Bud Barry joins Silvon as CFO and assumes responsibility for all financial functions at Silvon. Barry brings to the company more than 20 years of experience, including over a decade of senior financial management positions in the computer software industry. He most recently served as chief financial officer and executive vice president of Mediware Information Systems, Inc., where he managed all financial aspects of the company, including mergers and acquisitions, fund raising and financial planning. While at Mediware, Barry contributed to growing the company from a $14 to $25 million operation and increased the company’s stock valuation from $6 to $70 million.
"With a long-standing career in the high-tech industry and tremendous success in growing and taking companies public, Bud will play a key role in managing and supporting Silvon’s aggressive growth," said Michael J. Hennel, president and CEO of Silvon. "We look forward to realizing the results that he can produce for us in the areas of financial planning, management and execution."
In the newly created position as vice president of business development, Wayne Nathanson assumes responsibility for Silvon’s corporate strategic alliances and worldwide channel development. He joins Silvon from DataMirror Corporation, where he was instrumental in establishing the company and helping DataMirror formulate and develop its key application market strategies and worldwide geographic marketing channels. Prior to DataMirror, Nathanson held senior management positions over a 13-year period in other large technology companies, including IBM and Unisys.
"Wayne has proven experience selling enterprise solutions in addition to building both direct and indirect distribution channels," said John Hughes, senior vice president of worldwide sales and marketing at Silvon. "His expertise and ability to establish profitable strategic alliances with companies throughout the technology industry will allow Silvon to broaden market penetration of our analytic applications and to rapidly expand distribution channels for our solutions."
Silvon Software is a global supply chain-focused business intelligence solutions provider headquartered in the western Chicago suburb of Westmont, Illinois. Since 1987, Silvon has focused on software-based business optimization solutions for Supply Chain manufacturing, wholesale distribution and retail organizations. Silvon solutions are predicated on the fact that better business understanding will empower the move toward an optimized Supply Chain organization. Silvon clients benefit from improving business practices and profitability by leveraging analytic information on customer, supplier, and operational profitability measurement. The company’s products are driven by the Silvon DataTracker application foundation, which stores and maintains large volumes of data in an efficient, highly scalable format for enterprise-wide access, navigation and OLAP analysis by business users and decision makers. Silvon DataTracker is currently installed in more than 1,000 sites worldwide and supported by a network of OEMs, value-added resellers and independent distributors.