Jim Simmons Joins Metastorm Board of Directors
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BALTIMORE, MD - October 24, 2007 - Metastorm, a leading provider of Business Process Management (BPM), Business Process Analysis (BPA), and Enterprise Architecture (EA) software for aligning strategy with execution, today announced the addition of Jim Simmons to its Board of Directors.
Mr. Simmons is the former President and Chief Executive Officer of SunGard Availability Services, a business dedicated to keeping the world's largest companies up and running during major disasters and international crises. In his role at SunGard, Mr. Simmons oversaw all aspects of operations, sales and long-term strategic planning. He led the company's transformation into an international organization serving more than 10,000 clients in 14 countries, growing revenues from $250M to $1.3B in six years. Most notably, he helped structure the transaction that made SunGard the single largest private equity buyout in the technology arena. Mr. Simmons began his career with NCR and has over 25 years in the technology industry.
"We are pleased that Jim has accepted our invitation to join Metastorm's board and look forward to the insight and experience he brings to our organization," said Bob Farrell, chairman and CEO of Metastorm. "Jim's hands-on leadership and extensive experience operating and growing successful companies will be a valuable asset to us moving forward."
"Metastorm has established itself as a leader in the fast-growing business process management market and proven its ability to consistently grow revenues in a profitable business model," said Jim Simmons. "Analysts are predicting that the BPM market will grow up to $5B by 2011 - I look forward to serving on Metastorm's board of directors and helping the company to capitalize on this huge market opportunity."
About Metastorm Inc.
With a focus on enterprise visibility, optimization, and agility, Metastorm offers market-leading solutions for Enterprise Architecture (EA), Business Process Analysis & Modeling (BPA) and Business Process Management (BPM). As an integrated product portfolio, Metastorm Enterprise(TM) allows organizations to maximize business results by unifying strategy, analysis and execution. Metastorm is the only solution provider to bring together these critical disciplines on a single software platform to enable an understanding of enterprise architecture and strategy, accurate impact and opportunity assessment, effective process execution, and accelerated value realization for organizations worldwide. For more information on powering strategic advantage with Metastorm Enterprise, visit www.metastorm.com.
C. Yvonne Jordan
Merritt Group, Inc.
11600 Sunrise Valley Drive, Suite 320
Reston, VA 20191
Phone: 703.390.1516
Fax: 703.860.2080
Email: jordan@merrittgrp.com
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