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Intacct Corporation Announces New Chief Executive

4 August 2004

LOS GATOS, CA -- August 4, 2004 -- Intacct Corporation, the ERP On Demand solution for distributed enterprises and ISVs, today announced the appointment of Robert J. Jurkowski as chief executive officer. He replaces founder David C. Thomas, who is leaving the company to pursue other interests. Thomas will remain a shareholder of Intacct.

Drawing on his leadership experience from companies such as Apriso, Silicon Energy and RightWorks, Jurkowski will provide vision and operational expertise to grow Intacct's revenue, workforce and product offering.

"I'm very excited to lead Intacct into the next generation of enterprise applications, where our innovative technology will ascend the value chain and deliver powerful back-end solutions on demand," said Jurkowski. "The software-as-service model constitutes a major shift in the way organizations operate. Intacct's ERP On Demand applications embrace this change by enabling companies to gain ready access to new technology, simplify business processes, reduce operating costs and focus on their core business."

Jurkowski most recently served as chief operating officer at Apriso Corp., where he transformed the company from a data collection and point solution provider to a leading execution software provider for Global 1000 manufacturers. He increased Apriso's year-over-year revenue by 20 percent to $19.5 million and doubled software revenue.

Prior, Jurkowski was COO of Silicon Energy Corp., where he helped transform the company into a horizontal leader in enterprise energy management solutions for Global 2000 companies and large utilities. As vice president of worldwide field operations at RightWorks Corp., he grew sales from zero to $100 million in two years. Jurkowski held similar executive roles at Aurum Software, a division of the Baan Company, Dun & Bradstreet Software; Oracle Corp.; Automatic Data Processing; and Caterpillar Inc.

Jurkowski holds a bachelor of arts degree in economics from the University of Chicago.

About Intacct Corporation

Intacct delivers on the promise of Web-based ERP solutions for distributed companies and ISVs. Through highly secure online access to Intacct's applications, customers can manage real-time business processes anywhere, anytime through a simple Web browser. Deployed on IBM's e-business Hosting infrastructure, Intacct's services allow companies to focus on their core business and eliminate the need to invest in complex and expensive IT infrastructure and software. Intacct partners with leading ISVs that leverage Intacct's business application platform by adding proprietary value and delivering complete industry-specific solutions for retail, professional services, wholesale distribution, government and other industries. Headquartered in Los Gatos, California, Intacct is successfully delivering its ERP On Demand solutions to more than 1,800 customers. www.intacct.com


 

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