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Newmerix Corp. Announces New Sales VP And Expanded U.S. Sales Team


WEBWIRE

Superior, Colo., (February 5, 2007) – Newmerix, the only company providing integrated lifecycle and compliance management solutions for the metadata architectures of enterprise applications, today announced that it has hired Charley Powell as Vice President of Sales, and expanded the US sales team. The 25-year sales veteran is known for his success in early stage technology companies and channel strategies.

This announcement follows recent news of a $7 million round of financing from capital partners Mobius Venture Capital, Siemens Venture Capital and IDG Ventures Pacific as well as 2006 sales that exceeded targets. In the last six months, Newmerix has released a completed suite of Automate!™ products for PeopleSoft and two products for SAP applications.

“Newmerix grew considerably in 2006 both in sales and product capabilities,” said Dan Gannon, President and CEO of Newmerix. "We’re gearing for an explosive 2007, and Charley and his new team will help accelerate growth with greater coverage in North America and improved solution selling skills—a must with the expanded product offerings.”

“Newmerix solutions have so much potential in the coming year,” say Charley Powell, Vice President of Sales, Newmerix. “The pain associated with ongoing upgrades and patches is enormous for packaged applications such as PeopleSoft, Oracle eBusiness Applications, and SAP. Add to that compliance requirements and the upcoming necessity to make decisions around Fusion and Netweaver, and our products become increasingly necessary to succeed in these implementations.

“Newmerix offers the highest quality, highest value suite of testing and change management products for PeopleSoft, SAP and soon to be Oracle applications, and I feel confident that my team can deliver on the goals we’ve set for 2007.”

The domestic sales team now includes sales offices in Atlanta, New York, Chicago, Denver, with West Coast and International sales operations to be added in the near future.

The Newmerix Automate!™ Suite (www.newmerix.com/products) offers innovative technology that tracks, migrates, tests and controls changes to the enterprise application’s proprietary metadata architecture, whether it’s PeopleSoft’s objects or SAP’s BASIS/ABAP. These proprietary architectures are like the application’s DNA, controlling how it appears and behaves.

Newmerix provides a full suite of program management, functional testing, and change control software to manage the end-to-end application lifecycle activities for SAP and Oracle applications. No other provider offers an integrated Enterprise Application Lifecycle Management suite that manages software at the metadata level.

The suite helps companies:
• Stay current with SAP, PeopleSoft and Oracle eBusiness patches, bundles and upgrades
• Comply with regulatory mandates such as Sarbanes-Oxley
• Improve SAP, PeopleSoft and Oracle eBusiness application quality and minimize affect on business operations
• Control application change processes

About Newmerix
Newmerix provides the only automated lifecycle and compliance management solution built specifically for the metadata architectures of enterprise applications, such as Oracle eBusiness, PeopleSoft, Siebel, and SAP. Through patent-pending metadata technology, Newmerix’s fully integrated Automate!™ suite of lifecycle management, automated testing and change control software helps IT reduce the time and resources required to manage its growing portfolio of enterprise applications. For more information please call 303-350-3900 or visit our website at www.newmerix.com.



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