[July 12, 2005] Endeca Names Dan Demmer New CFO; Public Company CFO Experience Adds Depth to Endeca's Leadership Team Tweet CAMBRIDGE, Mass. --(Business Wire)-- July 12, 2005 -- Endeca, the leading provider of Guided Navigation(R), Search and Analysis solutions, today named Dan Demmer as the company's new Chief Financial Officer. Having successfully built growing, profitable companies while establishing creditability with investors and analysts, Demmer will now lead the global financial operations of one of North America's fastest growing private software companies. In 2004 alone, Endeca reported 100 percent annual sales growth, doubled worldwide staff, and opened new operations in Asia. Demmer will report to Endeca president and CEO, Jim Baum. Prior to Endeca, Demmer served as IONA Technologies' Chief Financial Officer since May 2000. At IONA, he helped build a growing, profitable company while establishing credibility with investors and securities analysts. Prior to IONA, Demmer was assistant corporate comptroller at Digital Equipment Corporation. He holds a Bachelor of Science in Finance from the University of Maryland. "Dan brings a wealth of experience as a CFO and ranking financial officer of successful public businesses," said Baum. "This experience and proven track record will play a key role as we look to raise the bar and take Endeca to the next step of our rapid evolution." Endeca develops and markets commercial search, navigation and analysis solutions and services for websites, intranets, extranets, e-commerce stores, and enterprise applications. Founded in 1999, Endeca first began selling commercial software to Global 2000 businesses in late 2001. The company's products are now used by over 200 leading organizations, including Bank of America, The Home Depot, IBM, John Deere, NASA, The National Cancer Institute, Tesco, Walmart.com and several federal law enforcement and intelligence agencies. "Endeca's success to date has been truly remarkable to watch," said Demmer. "This position presents a rare opportunity and challenge to build upon, evolve and improve a business that has known nothing less than 60 to 100 percent annual growth." About Endeca Endeca's award-winning Guided Navigation, Enterprise Search, and Analysis solutions help organizations integrate, discover, and navigate enterprise data to solve business problems associated with information overload. Endeca's customers include a wide range of enterprises, including retailers (Barnes & Noble, The Home Depot, Walmart.com); financial services (Bank of America, MFS Investment Management, Putnam Investments); manufacturing and distribution (IBM, Arrow Electronics, John Deere); media and publishing (World Book and IHS) and government (the Library of Congress, NASA, the National Cancer Institute). Endeca is a private company headquartered in Cambridge, MA. More information: www.endeca.com or [email protected]. Endeca, Endeca InFront, Endeca Navigation Engine, and Guided Navigation are registered trademarks, and Endeca ProFind and Endeca Latitude are trademarks of Endeca Technologies, Inc. All other product and service names mentioned herein are or may be registered trademarks or trademarks of their respective companies or organizations. [ Back To TMCnet.com's Homepage ]