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EnterConnect Appoints Former Top BEA and HP Executive Tom Ashburn to Board of Directors Industry Veteran Brings Over 30 Years of Global Technology Expertise and LeadershipSAN JOSE, Calif., July 10, 2008 (PRIME NEWSWIRE) -- EnterConnect Inc. (OTCBB:ECNI), a leading provider of On-Demand business solutions, today announced the appointment of Tom Ashburn to its Board of Directors. With more than 30 years of experience with global technology leaders such as HP and BEA, Mr. Ashburn's broad experience in sales, marketing, strategy, customer service and operations will provide strategic depth to EnterConnect's Board of Directors. "I am very pleased that Tom has decided to join our Board; his extensive experience with technology leaders BEA and HP is invaluable," said Sam Jankovich, Chief Executive Officer and President of EnterConnect Inc. "Tom will be an active Board member helping me with merger and acquisition planning, organic top-line growth strategies and ensuring strong governance practices." "This is exactly the right time for me to join EnterConnect's Board of Directors," said Mr. Ashburn. "EnterConnect's industry leading SaaS business model, world-class management team and proven enterprise-class technology portfolio of products has positioned EnterConnect well for long-term success." Most recently, Mr. Ashburn was President of BEA System's Worldwide Field Organization, with responsibility for Sales, Marketing and Services. The Worldwide Field Organization led an integrated direction for direct sales teams, resellers, partners, marketing, professional services and customer support to bring all that BEA offered to ensure the customer's success. Prior to joining BEA, Mr. Ashburn was with HP for 33 years, where he most recently was vice president and general manager of HP Services, a $5 billion business with more than 30,000 employees in 120 countries. Prior to that role, Mr. Ashburn led HP's Customer Support Business for four years, significantly growing both revenue and profit while enhancing customer loyalty during his tenure. About EnterConnect Inc. EnterConnect Inc. is the leading provider of enterprise-proven on-demand portals that improve communication, collaboration and business processes to help companies increase customer satisfaction, growth and productivity. EnterConnect's Enterprise-Proven On-Demand Portals enable employees, partners, customers and other stakeholders to securely consolidate, collaborate and connect online -- at anytime, from anywhere -- to accelerate business on-demand. EnterConnect solutions are based on a rich technology foundation in use at more than 50 Fortune 1000 companies. Now available on demand, these solutions are used at leading organizations across diverse industries including Rheem Manufacturing, Rush University Hospital, John Thomas Capital Management and others. For more information visit http://www.enterconnect.com. Forward-Looking Statements Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1993 and the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance and may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of EnterConnect Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. The words "expect," "anticipate," "intend," "plan," "believe," "seek," "estimate," and similar expressions are intended to identify such forward-looking statements. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the Securities and Exchange Commission. Source: PrimeNewswire (July 10, 2008 - 8:03 AM EDT)
EnterConnect and Red Chip Companies Invite You to 'Driving High-Performance Operations On Wall Street' August 19, 2008 Event At the Harvard Club of New York City for Financial Services, Private Equity, Hedge Fund and Investment Banking ProfessionalsSAN JOSE, Calif., July 9, 2008 (PRIME NEWSWIRE) -- EnterConnect Inc. (OTCBB:ECNI) today announced a luncheon forum in New York City for financial services, private equity, hedge fund and banking professionals interested in learning about Software-as-a-Service (SaaS) strategies to drive operational improvements and mitigate risk in the financial services sector. This leadership forum, co-sponsored by Red Chip Companies, Inc., will take place at the Harvard Club (35 West 44th Street) in New York City on Tuesday, August 19, 2008, from 11 a.m. to 2 p.m EDT. Led by Sam Jankovich, President and CEO of EnterConnect, the forum will feature a keynote presentation on "Driving Streamlined Operations & Mitigating Risk in Financial Services," as well as three case studies on SaaS success presented by financial services firms as follows: -- "Delivering Accountability, Traceability & Secure Control of Research Report Processes," by Red Chip Companies, Inc. -- "Optimizing New Account Opening Processes & Ensuring FINRA Compliance," by Park Financial Group -- "Accelerating Deal Flow Processes & Increasing Deal Volume," by John Thomas Capital "Wall Street financial services firms comprise one of the most competitive business environments in the world," said Jankovich. "And that is why we devised this forum -- to spotlight financial services firms which are streamlining new and existing business processes to improve efficiencies, differentiate from the competition, grow revenues and ensure regulatory compliance." Attendees will learn about the market drivers propelling Software-as-a-Service (SaaS) adoption in financial services and banking and will gain insights on how leading financial services institutions are realizing both revenue growth and cost savings using new on-demand portal solutions. Admission is free of charge, but anyone interested in attending must register in advance. For more information, or to reserve a seat at EnterConnect's "Driving High-Performance Operations on Wall Street" event, call 1-800-733-2447, Ext. 0. To register online, visit: http://www.enterconnect.com/highperformance.html. About EnterConnect Inc. EnterConnect Inc. is the leading provider of enterprise-proven on-demand portals that improve communication, collaboration and business processes to help companies increase customer satisfaction, growth and productivity. EnterConnect's Enterprise-Proven On-Demand Portals enable employees, partners, customers and other stakeholders to securely consolidate, collaborate and connect online -- at anytime, from anywhere -- to accelerate business on-demand. EnterConnect solutions are based on a rich technology foundation in use at more than 50 Fortune 1000 companies. Now available on demand, these solutions are used at leading organizations across diverse industries including Rheem Manufacturing, Rush University Hospital, John Thomas Capital Management and others. For more information visit http://www.enterconnect.com.
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EnterConnect Appoints Kevin Hayden as Chief Marketing OfficerWednesday May 28, 8:00 am ET SAN JOSE, Calif., May 28, 2008 (PRIME NEWSWIRE) -- EnterConnect Inc. (OTC BB: ECNI.OB - News ) today announced the appointment of Kevin Hayden, as its new Chief Marketing Officer. Mr. Hayden will be responsible for all aspects of EnterConnect's corporate marketing strategies globally, including corporate communications, brand marketing, and media relations. ``We could not be happier to have someone of Kevin's stature lead our corporate marketing operations,'' said Sam Jankovich, CEO of EnterConnect. ``As we implement our growth strategies worldwide, Kevin's professional experience and expertise, including his strong background in advancing high tech companies, are invaluable to us. We are very pleased to have such a proven, talented, enthusiastic and creative individual on board.'' Mr. Hayden brings to EnterConnect over 20 years of executive marketing management accomplishments for leading, high-tech companies in enterprise software, Internet infrastructure, database and computer systems markets. Most recently, he served as Vice President of Corporate Communications for BEA Systems. In this role, he was responsible for all corporate communications strategies worldwide, including media relations, analyst relations, executive and employee communications, global events, and global branding. Prior to BEA, Mr. Hayden held several executive marketing positions at Interwoven, Inc. where he implemented international public relations programs and oversaw corporate positioning, advertising, branding and identity. During his tenure as Vice President of Global Marketing at Interwoven, he repositioned the company, helping it grow from 80 to 800 people and from annual revenues of $3 million to $170 million. Also at Interwoven, Mr. Hayden planned and implemented sponsorships for the San Jose Sharks, USPS Pro Cycling Team and Lance Armstrong driving market awareness. He collaborated on a book entitled, How Lance Does It, by Brad Kearns. Prior to Interwoven, Mr. Hayden held several executive positions in marketing and finance at high tech companies including SQRIBE Technologies, Informix Software, and Digital Equipment Corporation. He holds a Bachelor of Science in Accounting and a Master in Finance from Bentley College in Waltham, Massachusetts. He is also a member of the CMO Council and the Commonwealth Club. About EnterConnect Inc. EnterConnect Inc. delivers online business portal solutions that help companies increase productivity, efficiency and revenue to accelerate business on demand. The EnterConnect Business OnDemand(tm) Portals enable employees, partners and customers to connect, communicate and collaborate online -- at anytime, from anywhere -- and solve business objectives on-demand. EnterConnect launched SOAapps.com, powered by enterconnect(tm), with market leader BEA Systems (BEAS) to provide business and technical executives with a marketplace to ``Find, Try & Subscribe'' to best-of-breed, software-as-a-service (SaaS) solutions. In 2008, SOAapps will be offering business applications for Human Capital Management (HCM); Financial Management (FM); Customer Relationship Management (CRM); Supply Chain Management (SCM); Content, Communication & Collaboration (CCC); Business Intelligence (BI); Enterprise Resource Planning (ERP); and Vertical Applications (VA) and technical applications in key categories for infrastructure software and technology. SOAapps.com and partner solutions drive business on demand with economical and scalable, pay-as-you-go subscription access to service-oriented applications. To find enterprise-class SaaS solutions, visit http://www.SOAapps.com . To learn more about the SOAapps ISV Program or to submit an application for review, visit http://SOAapps.com/partners . To find, try and subscribe to EnterConnect(tm) employee portals, partner portals, customer portals, team portals, and website development and management portals for business users, visit the EnterConnect storefront on SOAapps http://enterconnect.SOAapps.com . For more information about EnterConnect, Inc, visit http://www.enterconnect.com or call (800) 658-2670. Forward-Looking Statements Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1993 and the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance and may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of EnterConnect Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. The words ``expect,'' ``anticipate,'' ``intend,'' ``plan,'' ``believe,'' ``seek,'' ``estimate,'' and similar expressions are intended to identify such forward-looking statements. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as ``Risk Factors'' in our filings with the Securities and Exchange Commission.
EnterConnect Accelerates Into Revenue Phase with Record Monthly Bookings.
"With the launch of our SOAapps.com strategy and the evolution of the EnterConnect product suite, we have started the year ahead of budget for new bookings, subscribers and monthly revenue," said CEO Sam Jankovich. "EnterConnect had net new bookings in excess of $200,000 in April from five new customers, including a $1 billion Enterprise software company and customers in the Financial Services industry, and over 1,000 subscribers." " New bookings have increased across the board, but growth for the mid-sized market is particularly accelerating," continued Mr. Jankovich. "Our sponsorship of the Gartner Mid Market Summit this past week in Orlando generated an encouraging pipeline of new customers in addition to multiple sales and marketing campaigns for our first quarter," Jankovich added. " We hope to see a growth sales pipeline from these new bookings, which we believe may result in record-setting revenue for the Company." EnterConnect is in midst of launching several key SaaS application categories with its strategic partners. The first category, Human Capital Management, was successfully launched in March 2008, with its Talent Management Application partners -- Cornerstone OnDemand, HRsmart, StepStone Solutions and Taleo Corp. About EnterConnect Inc. Forward-Looking Statements:
EnterConnect Introduces SOAAPPS.comSAN FRANCISCO —September 11, 2007— Today at BEAWorld, EnterConnect, Inc.,veteran provider of ‘business-ready’ portals, announces the
launch of SOAAPPS.com, The Business On-Demand Marketplace for
mid-market business executives seeking rapid-value, enterprise-class
subscription-based applications. BEA Systems has entered into a
strategic partnership with EnterConnect under which BEA will provide
the underlying enterprise infrastructure software to power SOAAPPS.com,
helping deliver a solid, scalable foundation for this innovative new
business model that can help empower independent software vendors
(ISVs) to build, market, sell, deploy and manage SaaS offerings.
Through SOAAPPS.com, ISVs can take advantage of the fast growth in the
SaaS (On-Demand) market. The broad mission
of EnterConnect is to enable Business On-Demand, which leverages a
service-oriented approach to help enable companies to be more
responsive and competitive through the use of technologies such as SOA,
Web 2.0 and SaaS. In addition, BEA technologies are designed to
help empower On-Demand partners and their customers to gain the
flexibility and scalability that can help them achieve significant
returns on their investments. Some of the specific products being
deployed include BEA AquaLogic® Service Bus, BEA AquaLogic®
Data Services Platform, BEA AquaLogic® Enterprise Security, BEA
WebLogic ® Integration, BEA WebLogic Portal®, and BEA WebLogic
Server®. For more information on BEA enterprise
infrastructure products, please visit: www.bea.com/products. The first of three
planned worldwide events is scheduled to be held in the Moscone West
building in San Francisco (Sept. 10-12). Two additional shows are
scheduled in the following cities: Barcelona (Oct. 2-4) and Shanghai
(Dec. 12-13). About SOAAPPS.com EnterConnect, Inc. Closes on Financing to Secure Acquisition of EnterConnect SoftwareSan Jose, CA (March, 2, 2007) – Enterpulse and EnterConnect, Inc. jointly announce the official launch of spin-off company EnterConnect, Inc. from Enterpulse. Having closed on the acquisition of EnterConnect™ software from Atlanta-based company Enterpulse in December 2006, EnterConnect, Inc. is taking the product to the next level and stewarding the future of the enterprise portal by offering EnterConnect via Software as a Service (SaaS) model. This on-demand offering will provide mid-market customers with a quick-to-deploy, full-featured intranet and extranet at a fraction of the cost of traditional portal software. The company will be led by former Enterpulse President and Chief Revenue Officer Sam Jankovich, who will oversee the growth and direction of the new company as its President and CEO. Also at the helm are former Vice President of Enterpulse Dean Galland, serving as Chief Operating Officer; and Michael Wainstein, founder of Private Capital Group, serving as Co-Founder and Chairman. The team and headquarters will be located in San Jose, California. “We’re excited to be a part of the future of software by embracing the on-demand model,” says Jankovich. “Delivering our portal product through a SaaS model will offer greater convenience and accessibility for customers of all sizes who seek to boost workforce productivity, improve customer service, and reduce their operating costs—all while leveraging their current systems and applications.” Enterpulse, the professional services company that delivers audience-focused, revenue-enhancing Web solutions for clients since 1998, has made its mark in the past 5 years as a premier portal integration services provider. The company leveraged best practices and packaged its reusable assets to create its own out-of-the-box intranet/extranet software—based on the successes of those clients. The result was EnterConnect™, and a new Products division focused on the development and evolution of the software was formed. Having successfully spun off software companies in the fantasy sports, healthcare revenue management, and online marketplace arenas, Enterpulse took the opportunity to sell the EnterConnect software and enable a spin-off company, EnterConnect, Inc. The acquisition of the EnterConnect product from Enterpulse was made possible by initial financing from Private Capital Group of New York, NY, after which the new company, EnterConnect Inc. was formed. EnterConnect Inc. and Enterpulse Announce Spin-off New Company Formed with Acquisition of EnterConnect? SoftwareSan Jose, CA (January, 2, 2007)– EnterConnect, Inc., the company defining the future of on-demand intranet/extranet portals, today announced the closing of its first round of funding from Private Capital Group of New York, NY. This funding made possible the acquisition of EnterConnect™ software from Enterpulse, Inc., the Atlanta-based professional services firm providing enterprise portal and content management integration. EnterConnect Inc., which will own all rights to and steward the future of EnterConnect™ software, has been formed as a spin-off company and will have its headquarters in San Jose, CA. EnterConnect Inc. received subscriptions in the amount of $2,100,000. The funding will enable EnterConnect Inc. to continue its momentum and secure its place as the only intranet/extranet portal provider offering its product via a software as a service (SaaS) model—effectively reducing business operating costs and providing greater accessibility to features such as content and document management, security, personalization, and search. Sam Jankovich, CEO and President of EnterConnect Inc., commented “We are extremely pleased to have secured our initial financing through Private Capital Group, who has a reputation for funding successful companies in a variety of emerging markets. These proceeds have allowed us to acquire EnterConnect and accelerate us toward our near-term goals in delivering our SaaS enabled portal solution to the mid market.” Founder of Private Capital Group Michael Wainstein is now part of the management team of EnterConnect Inc. and will serve as Co-Founder and Chairman of the new company. About EnterConnect, Inc. Headquartered in San Jose, California, EnterConnect, Inc. is defining the future of the enterprise portal. Its premier intranet/extranet portal product EnterConnect™ is the first of its kind to be available through a software as a service (SaaS) model—which makes deploying a robust, out-of-the-box portal solution easier and more economical than ever before. Capitalizing on a rich history of more than 50 Fortune 1000 intranet and extranet implementations, the company has designed the software to encompass easy administration, content publishing, collaboration, and a flexible infrastructure—all in one product. The result is a powerful suite of easy-to-deploy, on-demand portal tools that allow companies to drive the productivity of their workforce and better manage their customer and partner experiences. Learn more about EnterConnect Inc. at http://www.enterconnectinc.com. |
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