SOURCE: Intacct Corporation

November 14, 2007 07:00 ET

Daniel Druker Joins Intacct as Senior Vice President of Marketing and Business Development

Former IBM and Postini Executive to Help Drive Company's Rapid Expansion in On-Demand Financial Applications

SAN JOSE, CA--(Marketwire - November 14, 2007) - Intacct, a leader in on-demand financial management applications, today announced the appointment of Daniel Druker as Senior Vice President of Marketing and Business Development. Druker joins Intacct from communications security and compliance leader Postini, where he was Executive Vice President of Worldwide Marketing, helping to accelerate the company's market leadership and revenue growth, and leading to the acquisition of Postini by Google.

Druker's more than 20 years in marketing, sales, channels and business leadership with successful software companies includes roles at Postini, IBM, Trigo Technologies, Hyperion Solutions, Arbor Software and Oracle.

At IBM, Druker developed and executed IBM's master data management strategy resulting in more than $1.5 billion in acquisitions and acknowledged leadership against competitors SAP, Oracle and Microsoft. He led all global marketing for the highest growth, highest value segments of the $4 billion information management division of IBM.

"Dan brings a superb track record of transformational sales, marketing and partnering excellence coupled with business success at some of the biggest companies in the industry," said Mike Braun, CEO at Intacct. "His proven ability to drive rapid growth, advance leadership in the face of large competitors, and forge strategic alliances are tremendous assets to Intacct as we grow our business."

"I am convinced that Software as a Service is simply a better way to deliver financial applications, and I have been especially impressed by the thousands of Intacct clients and partners that zealously share this view," said Druker. "My goal is to accelerate the pace at which Intacct and its partners help leading companies adopt on-demand financial applications that will quickly enable them to become more productive and more profitable."

About Intacct

Intacct is a market and technology leader in on-demand financial management applications. The company's award-winning suite of solutions is used by thousands of small and midsized businesses, from startups to public companies, to manage and share financial, supply chain, and professional services information. Intacct automates key business processes from order entry through cash collection and procurement through vendor payment. The Intacct suite includes accounting, contract management, revenue recognition, inventory, purchasing, vendor management, project management, payroll and financial reporting applications, all delivered over the Web via Software as a Service. As a company grows, Intacct's deep and mature applications, SAS 70 Type II certification and documented processes support Sarbanes-Oxley compliance for public enterprises. Intacct is headquartered in San Jose, California, with operations in Bangalore, India. For more information visit www.intacct.com or call 877-437-7765.

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