Saturday, June 24, 2006

Appointments capitalise on revenue growth

Vistagy has made two executive personnel appointments to help the company capitalise on its record multi-million-dollar revenue growth and global market opportunities. Ed Bernardon has been appointed to the newly established position of Vice President of Business Development. He will lead the company's evolving business efforts to partner with the world's leading aerospace, automotive, marine and medical equipment manufacturers to identify new product opportunities, as well as position and launch newly developed specialised engineering software.

In addition, the company has hired Mel Passarelli as Vice President of Worldwide Sales to lead and grow its global sales team and further penetrate product design and manufacturing organisations throughout Europe, North America and the Asia Pacific region.

Bernardon was previously Vice President of Sales for Vistagy.

During his tenure, he drove the sales of products and services, resulting in a compound annual growth rate of 28% over the past seven years.

He also played an instrumental role in identifying and launching new products.

As Vice President of Business Development, he will leverage this expertise and work with team members from across the company to initiate new global market opportunities, and position and launch specialised software solutions powered by Vistagy's unique EnCapta technology.

'Vistagy has historically done a great job of recognising growth opportunities'.

'In order to exploit these opportunities, we need to introduce new software applications to the market that solve specific, complex design and manufacturing problems', said Bernardon.

'With our business development organisation, we will more efficiently bring new software solutions to the market to help our customers develop products more quickly and cost-effectively than ever before'.

Passarelli will apply his experience and strong track record of building international sales organisations to grow Vistagy's sales staff and further penetrate new global markets.

He has worked in the engineering and enterprise software industry for more than 15 years.

He was most recently Vice President of Sales at Aspect Software, Other highlights of his experience include his role as Senior Sales Leader at Intergraph Corporation, a publicly-traded, former Fortune 500 company, and for helping several Boston-area software companies, both public and private, achieve strong sales success and growth.

Passarelli holds a BA and MBA from the State University of New York in Buffalo, and a Juris Doctorate from Suffolk University School of Law in Boston.

'I joined Vistagy because the company is growing so quickly and employs a world-class sales organisation that has a proven history of capitalising on its many global market opportunities', said Passarelli.

'Vistagy's expansion is unlike anything I've seen in other software companies recently'.

'I'm looking forward to helping Vistagy break into new markets that need our unique products to help engineers realise their design goals'.

'I'm extremely happy to be part of such a progressive organisation'.

'The executive management team has set some aggressive sales and new product goals for our company'.

'Having Mel and Ed in these new roles gives us the best chance to succeed and achieve these goals', said Steve Luby, President and CEO at Vistagy.

'This is an exciting time for Vistagy as we continue to add talented people to our sales team and across the company'.

'With new software offerings being developed in the coming months, I am confident that Mel, Ed and their teams will continue to drive Vistagy to the forefront of the product development community'.