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Tribold: Tribold accelerates growth with new CEO appointment; Telecoms
veteran John Rainger brings new dimensions to leadership as foremost
Product Management company responds to market demand
(M2 PressWIRE Via Thomson Dialog NewsEdge)
RDATE:24092007
London, UK - Tribold today announces the arrival of new CEO, John
Rainger, as it accelerates growth of its operation in support of the
increasing demand from Communication Service Providers (CSPs) for
effective product management.
He brings extensive knowledge of the telecoms industry to Tribold, and
his appointment will lead the company forward in its next phase of
development.
Rainger joins from Openet Telecom, where he led the company to
considerable success over the last four years, overseeing ten times
revenue growth since 2002, and securing major customer wins with the
likes of BT, Orange, Verizon, Cingular and Telstra. Previously Rainger
was COO of the Software Products Group at Lucent, which included the
Kenan billing system and held a number of executive posts at HP. As the
product management market rapidly matures, Rainger's experience in
working with major telecoms operators will be invaluable.
Rainger's appointment complements the Tribold leadership team.
Co-founder Simon Muderack, becomes COO, with a focus on business
development, marketing and alliances, and Catherine Michel, Tribold's
other co-founder remains as CTO.
Muderack said: "John is the right man to take Tribold forward, and his
vision, expertise and drive align perfectly with what we wanted to
achieve when we set up the company. He has the skills and experience to
make a huge impact on both Tribold and the product management market as
a whole, and his track record will prove essential as we accelerate the
growth of the company."
Incoming CEO John Rainger said: "Tribold has built up an outstanding
reputation within the industry, and is well-positioned to seize the
lion's share of this exciting new market making a considerable impact
on the way CSPs manage their products. I'm excited to join such an
innovative, modern company, and look forward to a successful future.
"The Product Lifecycle Management arena is the final frontier for the
Telecoms industry, and very few companies have been able to provide an
effective solution in this area. Tribold has consistently punched above
its weight and has formed industry based partnerships with Accenture,
Capgemini, Convergys and Microsoft - and I aim to build on these as
Tribold looks to the future."
Keith Willetts, member of Tribold's Advisory Board and Chairman of the
TM Forum said: "John brings with him a wealth of experience, and has
been instrumental in the success of three telecoms companies - HP,
Lucent and Openet Telecom. His valuable leadership skills are sure to
be an asset as the company moves forward."
- ends -
About Tribold
Tribold is the world's leading provider of Product Management
enterprise software specifically developed for Communication Service
Providers (CSPs). The Tribold Product Portfolio Manager(tm) (TPPM) is a
single, integrated suite of enterprise product management applications
that empower CSPs to put products at the heart of their business.
Tribold PPM is based on a Unified Product Catalog and includes Product
Data Management (PDM), Product Data Integration (PDI), Product
Lifecycle Management (PLM), Product Business Intelligence (PBI), and
Product Channel Management (PCM) applications.
Dramatic improvements in product management performance enable CSPs to
drive increased profit by taking products and services to market
faster, improving customer service through self-selection and enhancing
operational efficiency.
Headquartered in London, and with offices in North America and Asia,
Tribold was founded in 2003 and is privately held. For more information
visit www.tribold.com.
CONTACT: Dan Purvis, OCTOPUS
Tel: +44 (0)8453 700 655
e-mail: dan@octopuscomms.net
Robert Mair, OCTOPUS
Tel: +44 (0)8453 700 655
Tel: +44 (0)7920 859 040 (mobile)
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Copyright 2007 M2 Communications Ltd.
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