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PR Contact |
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For public relations
inquiries, please contact:
Melissa Stahley
Consona Corporation
317.249.1270
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Press Release
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Cast Iron Systems' CEO and Former EVP of Peoplesoft to Enhance
Leadership Team
Cupertino, Calif., September 20, 2006 - KNOVA Software, Inc.™ (OTC
Bulletin Board: KNVS) today announced the appointment of Ram Gupta to its board
of directors. The president and CEO of Cast Iron Systems and former EVP of Peoplesoft,
Gupta has more than 20 years' technology and operations experience.
"Ram Gupta's track record includes a remarkable tenure at PeopleSoft, during which
time the company's market capitalization increased from $3 billion to over $10 billion,"
said Bruce Armstrong, president and CEO of KNOVA. "Ram's proven ability to lead
enterprise software companies into new markets is a perfect fit for KNOVA as we
extend beyond service resolution management to power an intelligent customer experience."
Gupta was appointed president and CEO of Cast Iron Systems in January 2006. During
his brief tenure at the rapidly growing vendor of integration appliances, Gupta
has led the company to significant growth in both revenue and number of customers.
Prior to that, he held an executive vice president position at PeopleSoft, where
he played a critical role in growing the company into the second largest vendor
of application suites worldwide.
Commented Gupta, "As KNOVA Software continues its impressive trajectory in the knowledge
management industry, I am excited to join the leadership team and bring my experience
to bear in the company's next phase of growth."
Gupta has held executive positions at several fast-paced global technology companies,
including WebMD Corp., where he was the senior vice president and general manager.
He helped lead the expansion of Healtheon from a single service, $5 million annual
revenue startup to a public company with comprehensive offerings and more than $300
million in revenue. Gupta's 20-year career also includes positions at Silicon Graphics,
IBM and Tata Consultancy Services.
Gupta serves on the boards of S1 Corporation, VA Software, Plateau Systems and Accruent
Inc. He holds several patents in the U.S., and was awarded the Smithsonian Computer
World "Search for the Heroes" Award for the year 2000. Gupta is a member of Mensa
society and holds an MS in Computer Science from the University of Massachusetts,
Amherst.
About KNOVA Software
KNOVA Software is a leading provider of Intelligent Customer Experience solutions
that maximize the value of every interaction throughout the customer lifecycle.
Built on an adaptive search and knowledge management platform, KNOVA's suite of
applications help companies increase revenues, reduce service costs and improve
customer satisfaction. Industry leaders including AOL, Ford, HP, Novell, Countrywide,
McAfee and H&R Block rely on KNOVA's award-winning Service Resolution Management,
Interactive Brand Optimization and Guided Selling applications to power an intelligent
customer experience on their Web sites, and within their contact centers. KNOVA
Software is headquartered in Cupertino, Calif. For more information, visit
www.knova.com.
KNOVA Software, KNOVA, KNOVA 6, KNOVA 6.5, KNOVA Contact Center,
KNOVA Self-Service, KNOVA Forums, KNOVA Field Service and KNOVA Knowledge Desk are
trademarks of KNOVA Software, Inc. All other trademarks are properties of their
respective owners. Under the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, statements in this press release that are not historical facts,
including those statements that refer to KNOVA Software's plans, prospects, expectations,
strategies, intentions, hopes and beliefs and the expected benefits of the use of
KNOVA's products are forward-looking statements. These forward-looking statements
are not historical facts and are only estimates or predictions. Actual results may
differ materially from those projected as a result of risks and uncertainties detailed
from time to time in the company's Securities and Exchange Commission filings. These
risks include, but are not limited to, risks related to the integration of acquired
technologies with the Company's existing solutions, the ability to retain customers
of Active Decisions and to increase revenues from the acquired business and market
acceptance of new products. Any forward-looking statements are based on information
available to the company today and the company undertakes no obligation to update
publicly any forward-looking statements, whether as a result of future events, new
information, or otherwise.
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