SOURCE: Interlace Systems

September 12, 2005 08:00 ET

Interlace Systems Announces Industry Advisory Board

Seasoned High Tech and Consumer Products Industry Veterans Join Growing Operational Performance Planning Company

SAN MATEO, CA -- (MARKET WIRE) -- September 12, 2005 -- Interlace Systems, a leading provider of Operational Performance Planning software, today announced the formation of an industry advisory board comprised of seasoned executives from the high technology and consumer products industries. The industry advisory board will provide strategic guidance to the company including input into the company's expansion into new markets as well as access to resources that are helpful in the execution of its strategy.

"We're pleased and honored that each of these talented individuals has agreed to commit their time to guide the company as we continue to refine and hone our product direction and market positioning in the emerging Operational Performance Planning market," said Jim Lodestro, president and CEO of Interlace Systems. "Each brings tremendous industry and functional experience that will be valuable to the continued growth of our business."

Members of Interlace's industry advisory board include:

Scott Barnum, president of Cocoa Pete's Chocolate Adventures, founded by Pete Slosberg, the founder and creator of Pete's Wicked Ale. Before joining Cocoa Pete's, Barnum was vice president/general manager International for eBay Inc., the leading on-line trading community where he started the company's International Division and led its international expansion.

Prior to eBay, Scott was president and chief operating officer of Pete's Brewing Company, a publicly traded nationally distributed leader in the US specialty beer market. Additionally, he spent four years at the Miller Brewing Company, a division of Philip Morris Companies, and nine years with PepsiCo, Inc. in various marketing management positions in multiple divisions both domestically and internationally.

Don Haderle, a pioneer of relational database and information management technology. Haderle worked for IBM in R&D from 1968 to 2005 and has over 50 patents and disclosures. He was the technology leader for IBM's relational database, DB2, which debuted in the 1980s and serves most of the major corporations in the world today. In 1989 Haderle was appointed an IBM fellow, IBM's most prestigious position for technologists.

From 1992 to 2005, Haderle was vice president and CTO (Chief Technology Officer) for IBM's Information Management business, which encompasses database and content management systems. During this period he led technology for databases on open systems, a federated information infrastructure, content management, spatial systems, and other advances in the IBM portfolio, growing a multi-billion dollar business. In 2000 Haderle was appointed ACM (Association Computing Machinery) fellow in recognition of his impact on database technology.

Henry Salvo, chairman of the Patz & Hall Winery Board. From 1972 to 2000, Salvo worked for The Clorox Company in a variety of finance, accounting, planning, and business development positions. His later assignments included vice president controller and vice president treasurer. Salvo joined The Robert Mondavi Corporation in 2000 as senior vice president and CFO and was appointed executive vice president CFO in 2002 with responsibility for accounting, treasury, information technology, legal, purchasing and logistics.

Salvo has also been a board member for the California College of the Arts since 1992 and a trustee for the Educational Foundation of California State University East Bay since 1993. From 1992 to 2000, Salvo was also a member of the Advisory Committee for the Center for Financial Reporting and Management at the Haas School of Business, UC Berkeley.

Jim Lodestro, Interlace's president and CEO will lead the advisory board.

About Interlace Systems

Interlace Systems provides Operational Performance Planning software that bridges the gap between traditional business planning tools and execution systems. Now executives and planners can use a simple Excel front-end to model complex business problems using the Interlace server that automates the collection and consolidation of data stored in multiple disconnected systems. The solution is used to support a variety of critical operational planning processes such as consensus demand plan creation and management, material component exposure and liability estimation, and sales and operations planning. The company's products and services are marketed to large and mid-size enterprises in high-technology and electronics, discrete manufacturing and consumer goods industries. Interlace Systems is headquartered in San Mateo, Calif. For more information, contact (650) 574-1422 or visit www.interlacesystems.com.

Interlace Systems and the Interlace Dynamic Planning solution are trademarks of Interlace Systems, Inc. All other products and company names herein may be trademarks of their respective owners.

Contact Information

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