SOURCE: Altium

September 11, 2006 14:50 ET

Altium Announces New Executive Appointment

Emma Lo Russo Appointed to President & Chief Operating Officer to Support Altium's Next Stage of Growth

SYDNEY, AUSTRALIA -- (MARKET WIRE) -- September 11, 2006 -- Altium Limited (ASX: ALU), industry-leading developer of unified electronic product development solutions, today announced the appointment of Emma Lo Russo to the newly created executive position of President & Chief Operating Officer, effective immediately. This move is a reflection of Altium's continuing growth and is designed to further support the company's strategic development plans.

Emma Lo Russo joined Altium in 2004 and advanced through a broad range of roles, most recently serving as Chief Operating Officer. As President & Chief Operating Officer, Emma will be responsible for the management and development of the entire Altium organization, driving key business projects and leading company-wide growth initiatives.

"This is an exciting time of growth for Altium," said Nick Martin, founder and CEO, Altium. "We are, first and foremost, a technology company whose sole mission is to help engineers build great electronic products. The creation of this new position, combined with Emma's high-energy, well demonstrated leadership and proven capacity for execution, is critical to ensure we continue to develop and grow an organization that supports this as our number one goal."

The creation of this executive management position comes at an important time for Altium. Having recently reported significantly improved financial performance following an intense, multi-year technology and product development program, the company is in the process of executing a broad range of organizational and people development initiatives to ensure it is well positioned to fulfill its high-growth potential.

About Altium

Altium Limited (ASX: ALU) is the industry's leading developer of electronic product development solutions dedicated to unifying the different design disciplines involved in electronics product development. Altium products ensure all electronic engineers, designers, developers, and their organizations, take maximum advantage of emerging design technologies to bring smarter products to market faster and easier. Founded in 1985, Altium is headquartered in Sydney, Australia with sales offices in the United States, Europe, Japan, China, and resellers in all other major markets. For more information, visit us at www.altium.com.

Altium, Altium Designer and their respective logos are trademarks or registered trademarks of Altium Limited or its subsidiaries. All other registered or unregistered trademarks referenced herein are the property of their respective owners, and no trademark rights to the same are claimed.

Contact Information

  • US Media Contact:

    Mary Chernoff
    Weber Shandwick Worldwide
    150 Mathilda Place, Suite 302
    Sunnyvale, CA 94086
    United States
    www.webershandwick.com
    Telephone: +408.685.0611
    Email: Email Contact

    Corporate Media Contact:

    Elisa Davies
    Altium Limited
    Level 3, 12a Rodborough Road
    Frenchs Forest, NSW 2086
    Australia
    www.altium.com
    Telephone: +61 2 9975 7710
    Fax: +61 2 9975 7720
    Email: Email Contact