Inovis Appoints Ilaria Derr President and Chief Operating Officer

Industry Veteran Brings Track Record of Building Strong Companies, Delivering Global Results

ATLANTA, GA., September 16, 2003 — Inovis, a provider of business commerce automation solutions, today announced that Ilaria Derr has joined the company as its new president and chief operating officer. Ms. Derr’s proven leadership skills and depth of experience in the software industry will contribute significantly to Inovis as the company continues to build its management strength, expand its industry expertise and accelerate its growth in the quickly evolving business commerce automation market.

“With over 20,000 customers worldwide and a customer satisfaction rate of 95%, it is clear that Inovis is successfully addressing the needs of mid to large enterprises that rely on us to exchange critical business information with their trading partners. I am looking forward to getting to know the customers that are using our solutions on a daily basis,” said Ms. Derr. “Trends in the markets we serve all point toward tremendous growth for business commerce automation technology … especially in the automotive, consumer packaged goods, retail and electronics manufacturing markets. It’s a very exciting time to be joining the company.”

Most recently, Ms. Derr was COO for Alogent, a privately held technology company providing payment processing solutions for global financial institutions and remittance processors. Under Ms. Derr’s leadership, significant revenue growth was achieved for Alogent while building an operation focused on delivery and customer satisfaction. Alogent was named to both the Inc 500 Fastest Growing Companies and Deloitte & Touche Technology Fast 500 based on the company’s successful record of growth and execution. 

Jim Schaper, Inovis’ chairman and chief executive officer, added, “Ilaria brings a wealth of knowledge and experience to our company. She is a seasoned executive with outstanding operational expertise and established credibility in the software industry. Given our aggressive plans for this year and beyond, the timing of her arrival couldn’t have been better.”

Prior to Alogent, Ms. Derr was COO of Ockham Technologies, an early stage technology company providing web-based software solutions for sales management automation. She provided executive leadership to secure over $10M investment funding, built a grass roots management team and lead strategy and implementation fueling the company’s revenue, product and infrastructure growth.

Additionally, Ms. Derr held several senior management roles in large to medium corporations including vice president of Marketing, vice president of Operations at Harland, a publicly held financial marketing services company and executive manager of Supplier Quality and Productivity, executive manager of Spare Parts and Services at GE, as well as a number of other management positions at GE’s Power Systems and Aircraft Engines businesses.

About Inovis 
Inovis™, Inc. helps companies to rapidly and cost-effectively implement business commerce automation solutions that facilitate efficient trading with customers and suppliers. With almost 20 years of experience and more than 20,000 customers, the company provides a complete line of software, managed services and professional services that enable companies to gain compliance with leading industry trading communities and standards. Inovis acquired IPNet Solutions in July 2003, adding to its product and service portfolio a comprehensive line of flexible and secure INT/EDI solutions. These solutions are certified eBusinessReady in AS1, AS2, CPFR and ebXML by the Uniform Code Council Inc. (UCC) and the Drummond Group Inc. (DGI).


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