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ConverterTechnology Appoints Shawn Allaway CEO(Marketwire Via Acquire Media NewsEdge) NASHUA, NH -- (Marketwire) -- 02/21/13 -- ConverterTechnology, provider of software and services to help enterprises upgrade to new versions of Microsoft Office and Microsoft Windows without the risks, costs, productivity loss, and headaches that typically arise from enterprise deployments, announces the appointment of Shawn Allaway to CEO. After serving as the company's president for nearly two and half years, during which time revenues increased by nearly 100%, achieved profitability and released two new products, Allaway in his new position will continue to expand ConverterTechnology's market leadership position through diversification and strategic partnerships. The company will continue to focus on product and service development as its customer portfolio expands beyond Fortune 1000 companies to include small and medium businesses. Additionally, he will look for opportunities to expand inorganically to achieve rapid growth. In early 2009, Allaway joined ConverterTechnology vice president, sales & operations, and 2010 was promoted to president. Allaway oversaw double-digit revenue growth and expansion of a global partnership program. Under his leadership, the company has established itself as a worldwide leader in file management technology and services. "Shawn has proven himself an invaluable leader. He is instrumental in the turnaround, growth and profitability of ConverterTechnology," said Larry Nuttall, chairman of the board, ConverterTechnology. "During his tenure, he has directed the sales team to exceed its annual revenue goals, and focused the product development team on building a family of software tools that are licensed and used by the world's largest enterprise customers. Shawn will continue to lead the senior management team to evolve ConverterTechnology for future growth, new technologies, and entry into new markets." Allaway has extensive experience in growing sales and development teams, directing and managing value added reseller and systems integrator programs, and product and global workforce management. Before joining ConverterTechnology, Allaway was vice president at NWN Corporation, a value added reseller and systems integrator as a Microsoft Gold, Cisco Gold and HP Platinum partner. Under his direction, he increased revenue by more than 400 percent in two years. Allaway also served as the general manager of Microsoft Dynamics for Navint Consulting where he led sales, marketing and operational efforts for New England's largest Microsoft Dynamics value added reseller. Allaway graduated from Northeastern University in 1991 with a dual degree in accounting and finance. About ConverterTechnologyConverterTechnology is the only company to provide a comprehensive, automated Microsoft® Windows and Office migration solution that manages, tracks, and reports on the entire process. The company's innovative suite of tools, such as OfficeConverter™, DiscoverIT, Click2Fix™ and LinkLab™, bring tremendous value to the entire upgrade process, including planning, workflow, discovering files, identifying compatibility issues and remediation. Founded in 1997, ConverterTechnology has helped millions of users at Fortune 500 companies, global financial and pharmaceutical corporations, and the world's most renowned theme park, identify, analyze and fix compatibility errors before they occur, accelerating time to deployment. ConverterTechnology is headquartered in Nashua, N.H., with offices in Europe and Australia. For more information, please visit http://www.convertertechnology.com. Contact: Lauren Curley 781 383 6406 Email Contact Source: ConverterTechnology |