SOURCE: Xterprise Incorporated

April 29, 2007 17:36 ET

Xterprise Adds Industry Veterans Austen Mulinder and Richard Vazzana to Board of Directors

Both Bring Extensive Global Technology Solutions Development and Market Leadership Experience in Xterprises' Target Industries

DALLAS, TX -- (MARKET WIRE) -- April 29, 2007 -- Xterprise Incorporated, a leading global provider of High-Definition Supply Chain™ solutions, announced today that the company has named two seasoned executives to its Board of Directors. They are Austen Mulinder, former president and CEO of retail technology leader Fujitsu Transaction Solutions, Inc., and Richard Vazzana, current vice president of Global Teleweb at Novell and former vice president of global customer relationship management for IBM's Business Transformational Outsourcing Practice. Both have extensive leadership experience in growing solutions businesses and extensive relationships in key markets Xterprise intends to serve.

AUSTEN MULINDER
FORMER PRESIDENT & CEO, FUJITSU TRANSACTION SOLUTIONS, INC.
Mr. Mulinder has strong global experience in the retail industry, leading large-scale rapid growth and turnaround organizations with a wide range of transaction-based technology products and solutions services. His global experience includes a variety of leadership roles with FTXS and ICL. Mr. Mulinder's background includes the full spectrum of the IT industry -- sales, professional services, operational services, software and application development, hardware development and global distribution.

During the last five years, Mr. Mulinder led the dramatic turnaround of Fujitsu Transaction Solutions, Inc. as CEO, transforming it into a market-leading solutions provider in the retail industry. During this period, he led the acquisition of more than thirty major retail customers from competitors and positioned the company to be recognized as "best in class" by Gartner (www.gartner.com) and Forrester (http://www.forrester.com).

RICHARD VAZZANA
VICE PRESIDENT OF TELEWEB, NOVELL
Mr. Vazzana has thirty years' technology industry experience with IBM in various executive sales positions. His focus has been in customer relationship management (CRM), business transformation outsourcing, and order-to-fulfillment technology products and solutions development. Mr. Vazzana has led IBM in winning multibillion-dollar solutions projects and over a 30-month period built an organization with over $1 billion in revenue and 38,000 global team members.

"Our applications and solutions are defining the High-Definition Supply Chain™. Building a board of directors with extensive experience and contacts in our target industries will provide us Go-to-Market and business strategy prowess to help us accelerate our growth," said Dean Frew, founder, president and CEO of Xterprise. "We are very fortunate that Austen and Rich have agreed to join our team, and I look forward to working with them in building the top global brand in High-Definition Supply Chain™ applications."

In addition to our new outside board members Austen and Rich, Xterprise has reelected Kevin Miller, President of WorkRecords, to the Board of Directors. Kevin has been on the Xterprise BOD since 2003. Other board members include Frans van Schaik, managing partner - Logispring, and Dean Frew.

ABOUT XTERPRISE

Xterprise Incorporated was founded in 2002 as a provider of RFID (Radio Frequency Identification) applications. Today, the company delivers high-definition RFID-enabled supply chain software and solutions to top global Fortune 500 companies that include L'Oréal, Dial, ExxonMobil, TNT Express, Dairy Fresh, Toyota, iGPS, Dell and others. Xterprise solutions combine Microsoft BizTalk, enterprise supply chain systems integration and RFID technology to deliver a new level of "high-definition" supply chain visibility, velocity and value. Xterprise has pioneered RFID Service Oriented Architecture (SOA) applications and RFID data analytics throughout its deployments in North America, Asia and Europe. Its solutions suite includes XARM™, XAM™, TraX™ and AnalytiX™. Xterprise has grown rapidly since its founding and with a proven business model continues to deliver exceptional returns for its shareholders. The company is headquartered in Dallas/Forth Worth, Texas. For more information, call 972-690-9460, email info@xterprise.com or visit www.xterprise.com.

Brand names mentioned herein are the trademarks of their respective owners.

Contact Information