SOURCE: Intacct

January 08, 2008 07:30 ET

Intacct Names Jerry Jalaba as Vice President of Channel Sales

Veteran Google, Postini, and IBM Channel Executive to Help Drive Company's Rapid Expansion in On-Demand Financial Management Applications

SAN JOSE, CA--(Marketwire - January 8, 2008) - Intacct, a leader in on-demand accounting and financial management solutions, today announced the appointment of Jerry Jalaba as vice president of channel sales. In this position, Jalaba will significantly ramp Intacct's already successful channel and alliance initiatives (http://www.intacct.com/partner), driving growth through strategic relationships with a variety of partners, including CPA firms, financial and business process outsourcers, value added resellers, solution providers, independent software vendors, distributors, systems integrators, and consultants among others. Jalaba will report directly to Mike Braun, CEO of Intacct.

Jalaba brings to Intacct more than 25 years of experience in sales, channels, and marketing. Jalaba joins Intacct from Google, via their acquisition of communications security and compliance leader Postini, where he was vice president of worldwide alliance and channel sales. In that position, he helped to accelerate growth via highly successful channel initiatives. At Postini, Jalaba developed and executed a diversified strategy for global channels in a software as a service (SaaS) business, and contributed triple-digit year over year growth across a broad set of business partners.

Jalaba started his career at IBM in a variety of sales and marketing management roles over a 13-year period. He then spent five years at 3Com, where he was vice president of North America sales and vice president of worldwide sales operations. For the past ten years, Jalaba has invented and implemented creative distribution strategies as vice president of sales and channels at fast growing companies including Vertical Networks, Ramp Networks, Palm, Postini, and Google.

"It is easy to see massive business opportunity for all types of channel partners who want to tap in to the momentum that has developed around Intacct's on-demand financial management solutions," said Jalaba. "My immediate goal is to dramatically expand the company's channel initiatives to take advantage of this explosive demand, which will generate substantial benefits for both our clients and our partners."

"Jerry Jalaba has spent more than two decades developing a keen understanding of the details necessary for building long-term relationships with partners and customers," said Mike Braun. "His leadership and strong track record in growing successful channel programs for top technology companies will be instrumental to Intacct's growth as we continue to strengthen our position in the market for on-demand accounting and financial management applications."

About Intacct

Intacct is a market and technology leader in on-demand accounting and 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, please visit www.intacct.com or call 877-437-7765.

Intacct and the Intacct logo are trademarks of Intacct Corporation. All other company and product names mentioned herein may be trademarks of their respective owners.

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