January 31, 2011 10:00 ET

Chile-IT Announces New CEO and Expands Executive Team

IT Veteran Carlos Fernandez to Lead Chilean IT Organization, Chad Walter to Develop Partnerships to Drive Further Growth

SANTIAGO, CHILE--(Marketwire - January 31, 2011) - Chile-IT, America's IT Partner dedicated to increasing the growth of the Chilean tech industry in the U.S., today announced two new pivotal additions to its executive team. Carlos Fernandez joins as Chief Executive Officer from COASIN Global Services and Chad Walter joins as Vice President of North American Operations from D & D Consulting Ltd.

Fernandez brings more than 25 years' telecommunications and IT experience to Chile-IT. Prior to joining Chile-IT, Fernandez served as the Chief Executive Officer of COASIN Global Services, where he was in charge of the strategic operation of the internationalization of the COASIN group, which provided application development and remote infrastructure management services. Prior to leading COASIN as CEO, Fernandez held various leadership and executive positions at renowned technology organizations and companies in Latin America, including ACTI, Amcham, IBM, AT&T, CA and Telmex. His experience and deep knowledge of both U.S. and Latin American IT industries will enable Chile-IT to strengthen the Chilean technology industry and continue its expansion in the U.S.

"Since our founding in 2009, Chile-IT has undeniably helped establish Chilean-based IT companies in the U.S.," said Hernan Orellana, General Secretary, Chilean Association of Information and Communication Technologies companies (ACTI). "Fernandez has successfully led COASIN to become a pioneer in application development and infrastructure management. His talent for building momentum and positioning organizations for significant further growth will be a vital asset for Chile-IT during this important expansion stage."

Chile-IT also added Chad Walter to the executive team as Vice President of Operations for North America. Walter brings 10 years of outsourcing and IT consulting experience to Chile-IT. He formerly was President & Chief Operating Officer at D&D Consulting Ltd., an IT consulting firm specializing in infrastructure, systems, applications and technology lifecycle management. Prior to D&D, Walter worked at CORESense, Inc. as well as two management solutions providers, and a tier-1 disaster recovery solutions provider.

Chile-IT is the international umbrella organization of the Chilean Association of Information and Communications Technologies (ICT) companies (ACTI), an industry association of leading IT companies based in Chile. Its member companies consist of some of the most successful and influential companies in Chile and Latin America. Chile-IT signed six member companies in 2010 and expects to add more partnerships with its Chilean-based member companies in 2011.

About Chile-IT
Chile-IT, America's IT Partner, is the international umbrella organization of the Chilean Association of Information and Communication Technologies companies (ACTI), the industry association of leading IT companies based in Chile, and is supported by CORFO, the Chilean Economic Development Agency. Comprised of Chile's most elite IT companies, Chile-IT offers U.S. firms a nearshore outsourcing partner that provides high-value service and expertise in numerous industries, including application development, software development, online banking services, digital marketing and design services, security solutions and various IT-related specialties. For more information, visit