SOURCE: Argos Risk

Argos Risk

April 26, 2012 17:07 ET

Financial Services Industry Veteran Lori R. Frank Named as President and Member of Board of Directors for Argos Risk

MINNEAPOLIS, MN--(Marketwire - Apr 26, 2012) - Argos Risk, a specialist in the development and delivery of business to business credit risk management technology, announced that it has named Lori R. Frank as President, as well as to the Company's Board of Directors. Frank is recognized as a business pioneer in building companies whose products revolutionize current operating methods. She has more than 28 years of management experience within the financial services technology industry, including 8 years of commercial banking and 20 years of "C" level management in technology companies.

Argos Risk CEO and Founder, Steve Foster, said, "As Argos Risk continues to grow as a leading force in the industry, we believe that the addition of Lori Frank as President of the company is key in leading the dynamic expansion of our business. Lori Frank is an industry expert who has a solid record in providing outstanding leadership and strategic vision for companies in the U.S. and abroad, from start-ups to publicly-held corporations. Her strengths in the areas of management, sales, marketing, finance, and technology will play a critical role in the continued success of Argos Risk."

"It is an exciting time to join Argos Risk -- the business continues to grow in all areas, including the development of innovative new services that are designed to help businesses minimize their credit risk in this uncertain economy. These additional services enhance the already robust Argos Risk Online platform," said newly appointed President Lori Frank. "The role of President is an ideal fit for my background in creating strategic and tactical business plans aimed at increasing top line revenue, profit, market share and global brand awareness."

Prior to joining Argos Risk, Ms. Frank has served as CEO of both private and public companies including TREEV/Network Imaging, Imaging Institute, INSCI Incorporated (INSI), and ICU Data Systems. She has successfully co-founded and grown numerous technology companies over the years. Lori's expertise includes new product launches, market education and product positioning. Her strong sales and marketing background has helped companies gain market share, enhance sales revenue and achieve profitability. She serves as a sought-after speaker at numerous industry events and is considered one of the pioneers in the advancement of technology within the financial services marketplace.

About Argos Risk
Argos Risk, based in Minneapolis, Minnesota, specializes in the development and delivery of business to business credit risk management technology. The Company's mission is to help risk managers better understand who they are working with by utilizing affordable, easy-to-understand, and actionable business intelligence. For more information, visit www.ArgosRisk.com.

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