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This excerpt taken from the BLSW 8-K filed May 15, 2009. WOBURN, Mass., May 14, 2009 -
Bridgeline Software, Inc. (NASDAQ: BLSW), a developer of SaaS-based web
application management software and award-winning interactive business
technology solutions, announced today that it has appointed Ronald Levenson as
Executive Vice President, Chief Financial Officer and Treasurer.
Mr.
Levenson has over 15 years experience growing software and service companies and
over 10 years of public accounting experience with KPMG. As Sr. Vice
President, Chief Financial Officer and Treasurer of American Dental Partners
(NASDAQ: ADPI), Mr. Levenson was instrumental in growing the company from
business plan, to IPO, to $145 million in annual revenue with
operations in 15 states and over 2,000 personnel within a four year
period. Today American Dental Partners is a $290 million publically held
Company.
Prior to
American Dental Partners, Mr. Levenson was Sr. Vice President, Chief Accounting
Officer and Treasurer of American Medical Response. Mr. Levenson led finance,
accounting and treasury functions as he helped grow the company from $94 million
to over $650 million in annual revenue with operations in 27 states and over
10,000 employees. American Medical Response was acquired by Laidlaw
in 1997 for $1.2 billion.
Prior to
joining Bridgeline Software, Mr. Levenson was Executive Vice President, Chief
Financial Officer and a member of the Board of Directors of Virgin HealthMiles,
Inc., a Virgin Group company that uses technology to track and reward healthy
activity. Mr. Levenson is a Certified Public Accountant and a graduate of
Northeastern University.
“Ron is
an experienced, accomplished, hands-on executive and we look forward to working
with him as we continue to execute our growth strategy”, stated Bridgeline
Software’s Chairman and Chief Executive Officer, Thomas Massie.
Gary
Cebula has resigned as Bridgeline Software’s Chief Financial Officer to pursue
new business opportunities. Mr. Cebula will act as a consultant to
the Company for the next nine months to ensure a smooth transition.
About
Bridgeline Software, Inc
Bridgeline
Software is a developer of web application management software and award-winning
interactive business technology solutions that help organizations optimize
business processes. The iAPPS Product Suite is an innovative SaaS solution that
unifies Content Management, Analytics, eCommerce, and eMarketing capabilities –
enabling business users to swiftly enhance and optimize the value of their web
properties.
Combined
with award-winning application development services by Microsoft Gold Certified
development teams, Bridgeline Software helps customers to cost-effectively
maximize the value of their rapidly changing web applications. Bridgeline
Software's teams of developers specialize in web application development,
usability engineering, SharePoint development, rich media development, and
search engine optimization.
Bridgeline
Software is headquartered near Boston with additional locations in Atlanta,
Chicago, Cleveland, Denver, New York, Washington, D.C., and Bangalore, India.
Bridgeline Software currently has over 600 customers ranging from middle market
organizations to divisions within Fortune 1,000 companies that include:
Healthcore, The Bank of New York Mellon, Marriott International, Berkshire Life,
PODS, Honeywell, Budget Rental Car, Washington Redskins, Sun Chemical, AARP,
National Financial Partners, The Packard Foundation, DTCC, Cadaret, Grant &
Co., National Insurance Crime Bureau, the American Academy of Pediatrics, and
the Georgia Lottery. To learn more about Bridgeline Software, please
visit www.bridgelinesw.com.
Safe
Harbor Statement under the Private Securities Litigation Reform Act of
1995
All
statements included in this press release, other than statements or
characterizations of historical fact, are forward-looking statements. These
forward-looking statements are based on our current expectations, estimates and
projections about our industry, management's beliefs, and certain assumptions
made by us, all of which are subject to change. Forward-looking statements can
often be identified by words such as "anticipates," "expects," "intends,"
"plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should,"
"would," "could," "potential," "continue," "ongoing," similar expressions, and
variations or negatives of these words. These forward-looking statements are not
guarantees of future results and are subject to risks, uncertainties and
assumptions, including the risks described in our Annual Report on Form 10-KSB
as well as our other filings with the Securities and Exchange Commission, that
could cause our actual results to differ materially and adversely from those
expressed in any forward-looking statement. We expressly disclaim any obligation
to update any forward-looking statement.
Contact:
Bridgeline
Software, Inc.
Brian
Bolton
Vice
President of Marketing
781-497-3013
bbolton@bridgelinesw.com
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