Optinuity Announces New Executive Hires; Positions Itself for Future Growth

Bruce Olson, Vice President of Strategy and Business Development, and Angela Tandy, Vice President of Marketing, Bring a Combined 34 Years of Experience in High Technology Solution Sales to Optinuity

BETHESDA, Md. – Aug. 6, 2007 – Optinuity, Inc., a provider of an enterprise-wide platform that enables corporate IT departments to automate all of their production processes, today announced two new additions to its executive team. Bruce Olson has been appointed vice president of strategy and business development, while Angela Tandy has been named vice president of marketing. Olson and Tandy are both technology industry veterans with deep experience in critical areas necessary for growing and expanding Optinuity’s business.

“Both Bruce Olson and Angela Tandy are top-notch IT industry executives, each bringing unique strengths and valuable insights to their respective roles,” said Scott Stouffer, CEO of Optinuity. “Bruce Olson brings 20 years of experience dealing with technical elements, such as product support and professional services, and also understands how to craft strategic partnerships and how to interpret key market dynamics. Angela Tandy has a demonstrated track record of success in raising awareness and expanding the business for technology products and solutions at each of the organizations she has worked at during the past 14 years. She is expert in building and executing technology marketing programs that impact the business.”

Prior to joining Optinuity, Olson was vice president of technical services, sales and sales operations at Visual Networks, a supplier of WAN management hardware and software. Prior to Visual Networks, Olson held various technical positions in both the financial and educational sectors and helped dozens of Fortune 500 customers meet their IT service delivery requirements as a consultant with large government IT contractors such as SAIC.

Angela Tandy most was most recently vice president of marketing at Visual Networks. Prior to that, she served as president of the Baltimore -Washington Venture Group and worked as assistant director at the Dingman Center for Entrepreneurship. There she assisted early-stage technology companies in the Washington D.C. area, helping them raise venture capital investment and creating overall marketing strategy, including positioning and messaging elements.

“I had the unique opportunity to observe both Bruce and Angela in action during my tenure as President and CEO at Visual Networks,” said Stouffer. “I feel these two individuals possess the experience, drive and energy we want at Optinuity to help bring the organization to the forefront of the IT automation arena. Bruce and Angela have successfully created and executed on different strategies necessary for growth in this space, and we look forward to their contributions as we seek to expand the market for IT process automation solutions.”

About Optinuity
Optinuity provides software solutions that enable IT departments to radically reduce operations expenses and improve performance by consolidating all IT production processes onto a single infinitely configurable platform. Optinuity’s flagship product, C2O, is the first IT process automation platform to deliver the massive scalability and configurability to support all functional areas within large and complex enterprise IT departments. C2O replaces today’s confusing and inefficient array of reactive management tools with a single platform that automates manual processes, enforces best practices and eliminates human error from IT operations. C2O is deployed in hundreds of IT departments worldwide, with a concentration in the financial services, healthcare and telecommunications sectors. Based in Bethesda, Md., Optinuity is privately held and backed by top-tier venture capital firms, including New Enterprise Associates (NEA), Edison Ventures and Venrock Associates. For more information, please visit www.optinuity.com or call +1.800.301.7909.


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MEDIA CONTACTS:

Angela Tandy
Optinuity, Inc.
202-292-4920
AngelaT@optinuity.com
http://www.optinuity.com

Joseph Rigoli
Davies Murphy Group, Inc.
781-418-2423
Optinuity@daviesmurphy.com
http://www.daviesmurphy.com

 

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