SOURCE: Dovarri, Inc.

April 16, 2008 07:02 ET

Dovarri President Geary Broadnax Joins Virginia Tech Foundation Board of Directors

HOUSTON, TX--(Marketwire - April 16, 2008) - Dovarri, Inc. (PINKSHEETS: DVAR) announced today that President and CEO Geary Broadnax has been elected to the Board of Directors of the Virginia Tech Foundation. The Foundation manages all private gifts and endowments to the University. Broadnax studied electrical engineering and photography at Virginia Tech.

Broadnax has founded three award-winning technology services and consulting companies. In 1995, Allsource Inc.'s dramatic growth garnered it second place in the Houston 100, Houston's annual list of its fastest growing companies. In 1998, his second company, Insync Internet Services, followed suit, placing first as the fastest growing technology company and placing second overall. Broadnax has twice been named finalist for Ernst & Young's Entrepreneur of the Year, and has also been awarded the Houston Small Business Association's Businessperson of the Year (1999). He has served on numerous philanthropic and business boards, including the Better Business Bureau, the Houston Technology Center, the Houston Symphony, and the Houston International Festival.

"I am excited and honored to be appointed to the Board of Directors," said Broadnax, "Virginia Tech provided an excellent education to me, and this gives me the opportunity to direct funding to the significant programs that I believe helped me become successful."

Broadnax's current venture, Dovarri, a leading provider of Customer Relations Management and Sales Force Automation, provides services to a wide variety of business sectors. Dovarri 7.0 Orizon presents intuitively designed, web-based CRM/SFA software that develops stronger customer relationships by identifying and managing customers' needs. Orizon's SFA automates sales tasks, manages customer interactions, and analyzes sales forecasts and performance. Orizon's foundation, Microsoft Windows SharePoint Services, is a revolutionary .Net platform that controls business information and manages documents over the Internet. Building Dovarri's CRM/SFA on its foundation results in simplified information sharing, increased efficiency in team collaborations, and improved personal productivity.

Hewlett-Packard (HP), a long-term Strategic Partner, recognizes Dovarri's superior products and service, and recommends Dovarri to their small and medium-sized CRM customers (www.hp.com/sbso/wireless/sales_force_automation.html). Dovarri was awarded SFA Small and Medium Business Product of the Year in 2005 by SEARCHCRM.com. More information about Dovarri is available at www.dovarri.com.

The Virginia Tech Foundation, Inc. was established in 1948 to receive, manage, and disburse private gifts in support of Virginia Polytechnic Institute and State University (popularly known as Virginia Tech) programs. More information about the Foundation is available at www.vtf.vt.edu.

HP focuses on simplifying technology experiences for all of its customers -- from individual consumers to the largest businesses. More information about HP is available at www.hp.com.

This report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements as to the expectations, beliefs and future expected financial performance of the Company that are based on current expectations and are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected by the Company. Among the factors that could cause actual results to differ materially include conditions in the capital markets, including the interest rate, environment and the availability of capital, changes in the competitive marketplace that could affect the Company's revenue and/or cost and expenses, or changes in technology or customer requirements, which could render the Company's technologies noncompetitive or obsolete.

Contact Information