SOURCE: SelectMinds

November 19, 2007 09:00 ET

SelectMinds Elects Prominent Software Sales Executive John McMahon to Board of Directors

BladeLogic Executive Vice President and Chief Operating Officer Brings In-Depth Sales, Services and Operations Experience to the SelectMinds Board

NEW YORK, NY--(Marketwire - November 19, 2007) - SelectMinds, Inc., the leading provider of Corporate Social Networking (CSN) solutions, today announced the addition of John McMahon to its Board of Directors. McMahon brings a strong track record in sales and sales management to the SelectMinds Board, having led worldwide sales organizations for four public software companies: Parametric Technology Corporation (PTC), GeoTel, Ariba and BladeLogic.

Currently, McMahon serves as EVP and COO at BladeLogic, where he is responsible for managing the day-to-day operations across BladeLogic's sales, professional services, product management, development, and support organizations. Prior to becoming COO, McMahon led BladeLogic's global sales and services organizations.

"We are pleased to welcome John to our Board and look forward to his contributions as we continue to gain market share and recognition as the leader in corporate social networking," said Anne Berkowitch, CEO, SelectMinds. "The corporate social networking market is quickly evolving and growing, with more and more organizations realizing the substantial impact it can have on their business. As we continue to grow our business within this tremendous market opportunity, John's sales insight and expertise will prove invaluable to our organization."

"Successful technology delivers results, increases efficiencies and drives cost savings," said McMahon. "SelectMinds' corporate social networking solutions deliver exponential value across the enterprise -- from increases in productivity, knowledge sharing and new business, to improved talent sourcing, hiring and retention -- and they are at the forefront of an exciting market opportunity. I look forward to serving as a Board member and strategic advisor as the SelectMinds team continues to expand their business."

Prior to BladeLogic, McMahon ran sales at PTC, a product lifecycle management solution provider. Under his sales leadership, PTC revenues grew from $3M to $1.1B in nine years. McMahon also managed global sales at GeoTel, prior to the company's acquisition by Cisco for $2B. McMahon also led worldwide sales at Ariba, where he oversaw the merger between the Tradex and Trading Dynamics salesforces, helping to fuel Ariba's standing as a B2B market leader. McMahon was also CEO of High Roads Technology, an HR cost management software company, where he grew annual subscription revenues from zero to $8.5M in three years.

About SelectMinds

Founded in 2000, SelectMinds is the leading global provider of secure, Corporate Social Networking solutions. Using the power of Web 2.0, SelectMinds helps organizations build connections among and between groups of employees, alumni, retirees, women, and other constituencies. These powerful connections drive increased knowledge sharing and collaboration, enable strategic talent sourcing, and foster employee development and retention. The result is a higher performing organization with the ability to innovate quickly, increase productivity, and hire and retain key talent. SelectMinds clients include more than 60 leading organizations including JPMorgan Chase, The Dow Chemical Company, Lockheed Martin, Latham & Watkins, Schlumberger, and Deloitte. For more information, visit www.selectminds.com.

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