[October 24, 2008] Appian Names Novak Biddle and MapQuest Exec to Its Board Tweet (Wireless News Via Acquire Media NewsEdge) Appian, a provider of business process management (BPM) technology, announced the appointments of two enterprise technology industry executives to the Appian Board of Directors. Jack Biddle, Co-Founder and General Partner at Novak Biddle Venture Partners, and Michael J. Mulligan, former Chairman and CEO of MapQuest will join Appian CEO Matthew Calkins in helping guide the company's expanding leadership position. This announcement follows Appian's recent $10 million venture funding round, led by Novak Biddle. "The BPM market is predicted to grow substantially over the next few years, and Appian is emerging as the leading pure-play vendor," said Biddle. "Mike and I all look forward to partnering with Matt and the Appian executive team. By helping Appian continue its tradition of leading the evolution of BPM technology and delivering the easiest solutions to deploy, adopt and use, we will make the most of this market opportunity." With $580 million under management, Novak Biddle operates five venture funds that provide equity financing and management assistance to emerging market leaders. A sampling of companies funded by Novak Biddle include RFID first-mover Matrics, voice over IP trailblazer Telogy, education technology leader Blackboard and intelligent video surveillance pioneer ObjectVideo. Michael J. Mulligan is the former Chairman and CEO of MapQuest, a provider of online mapping and driving directions (now a subsidiary of AOL Time Warner). Prior to MapQuest, Mulligan was an executive with American Express, first in the Relationship Services group, where he oversaw the development of consequential streams of profit through joint ventures, acquisitions, and business development, and later in the Travel Related Services group, where he developed and implemented the company's Interactive Travel strategy. Mulligan has also held executive and leadership positions with Berlitz International, Trans National Group Services, and Bain and Company. "Appian is very lucky to have attracted such talent and experience to our board," said Calkins. "We have accomplished much with our own resources. The addition of the seasoned guidance of our new board members will help make Appian an even stronger company, and speed the execution of our growth strategy." ((Comments on this story may be sent to [email protected])) ((Distributed on behalf of 10Meters via M2 Communications Ltd - http://www.m2.com)) ((10Meters - http://www.10meters.com)) Copyright ? 2008 Wireless News [ Back To TMCnet.com's Homepage ]