Eloqua Corporation

Eloqua Corporation

October 31, 2006 09:47 ET

David Harris Kolada Joins Eloqua as CFO and SVP of Corporate Development

Industry Veteran to Lead Finance and Corporate Initiatives for Leader in Automated Demand Generation Solutions

TORONTO--(CCNMatthews - October 31, 2006) - Eloqua Corporation, the leading supplier of automated demand generation software and services, today announced the appointment of David Harris Kolada as chief financial officer and senior vice president of corporate development. Harris Kolada brings with him more than fourteen years of experience in leading finance and investment initiatives at industry-leading companies. In his new role at Eloqua, Kolada will be charged with leading corporate operations, strategy and finance-related initiatives, including aligning corporate strategy with capital allocations, strategic investments and processes that foster inter-departmental coordination.

"Attracting a seasoned executive of David Harris Kolada's caliber is a testament to the culture of excellence at Eloqua and the strategic market opportunity we are addressing with our approach to automating demand generation," said Mark Organ, co-founder and CEO of Eloqua. "We are excited to have him join the team and believe that his impact will immediately be felt as we scale our operations for the next phase of our aggressive growth plan."

"Eloqua is in a unique position to address the biggest challenges faced by marketers today -- accountability, visibility, effectiveness and scale. I am delighted to join an innovative company as it is experiencing such of a period of rapid growth," said David Harris Kolada, CFO and SVP of corporate development of Eloqua.

Harris Kolada was most recently senior director of strategic investment at Cognos Corporation, where he was responsible for assessing and executing merger and acquisition and strategic investment opportunities, a role he began as an independent consultant. Prior to his move into software industry management roles, Harris Kolada was a partner at Toronto-based venture capital firm Jefferson Partners, where he helped build one of the largest and best performing independent VC firms in Canada focused on investing in the software and communications technologies sectors. He has also held senior positions at companies such as Toronto-based BMO Nesbitt Burns and New York-based Lazard Freres & Co. Harris Kolada holds a bachelor's of commerce degree from Queen's University in Kingston, Canada.

About Eloqua Corporation

Founded in 1999, Eloqua provides the leading integrated demand generation platform for executing, automating and measuring highly effective B2B marketing programs. Unlike stand-alone email products, Eloqua's Conversion Suite combines email, direct mail, chat, and website analytics to drive the entire marketing process from contact to close, while making prospect interest and intent visible at every step. With market-leading technology backed by expert professional services, Eloqua automates best practices in demand generation for B2B marketers who need to produce a continuous flow of qualified leads for their sales force. Eloqua's customers include Sybase, Seagate, Nokia, JBoss, Administaff, Nuance and many other leading BtoB marketers. Eloqua Corporation is headquartered in Toronto with offices in London and throughout the United States. For more information, please visit www.eloqua.com or call 866-327-8764.

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