| [April 14, 2004] |
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Movaris Names Jeffrey Miller Chairman of the Board of Directors
CUPERTINO, Calif. --(Business Wire)-- April 14, 2004 -- Former Chairman of Documentum and Venture Capital Luminary to Oversee Leading Sarbanes-Oxley Compliance Management Company
Movaris, a leading provider of corporate compliance management software, announced today that Jeffrey Miller has been named chairman of the board. Mr. Miller, former chairman of the board at Documentum and a venture partner with Redpoint Ventures, brings more than 30 years of leadership in building successful technology companies. After serving as a member of the Movaris board of advisors for seven months, Mr. Miller will assume his new role as chairman of the board to assert a more prominent influence on Movaris' market strategy.
Mr. Miller gained his experience as chief executive officer of Documentum, Inc., from 1993 to 2001. Under Mr. Miller's direction, Documentum became a market leader in content management software and one of the fastest growing technology companies in the country. He served as chairman of the board at Documentum until the company's acquisition by EMC in December 2003. Before his tenure at Documentum, Mr. Miller was division president at Cadence Design Systems and vice president-general manager and vice president of marketing at Adaptec, where he grew the business from a startup to more than $150 million in annual revenue.
"As a member of our board of advisors, Jeff Miller's insight and perspective helped Movaris to develop the kind of enterprise software that fills a crucial need for all public companies right now and has established Movaris as a leader in this emerging market," said Eric Keller, CEO of Movaris. "In his new role as chairman, Mr. Miller will hone the vision of the company, extend its reach in the Sarbanes-Oxley software market and exploit opportunities in emerging markets."
"With the advent and ongoing requirements of Sarbanes-Oxley, Movaris customers continue to face complex challenges that are new to business. We will continue to develop products and services that are required by our customers, to extend their capabilities to address these business challenges in their respective industries," said Mr. Miller. "As 2004 unfolds, we will see Movaris extend its position as the true leader in Sarbanes-Oxley compliance software, leading to new and emerging markets."
About Movaris
Movaris is a corporate compliance management software company focused on Sarbanes-Oxley. The company's lead product, Certainty, is the only business process management-based application designed specifically to manage a company's entire Sarbanes-Oxley obligation. From initial control definition through ongoing testing and annual attestation preparation, Movaris Certainty ensures that companies will achieve and maintain compliance with Sarbanes-Oxley while reducing the total cost of compliance. Movaris' proven technology is used by customers such as Procter & Gamble, Boise Cascade, Regis Corporation and Crown Media Holdings, Inc. Movaris is privately owned with headquarters in Cupertino, California. For more information, please visit www.movaris.com or call 888-800-7545.
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