Board/Management Information • Aug 7, 2014
Board/Management Information
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Apptix Management Change
Herndon, VA and Oslo, Norway - August 7, 2014 -
Apptix® (OSE: APP), the premier provider of hosted
business communication, collaboration, and IT
solutions, today announced that David Ehrhardt has
stepped down as President & Chief Executive Officer.
Mr. Ehrhardt has served as Apptix's CEO since
December of 2007, leading the Company's efforts to
expand its user base, improve service excellence, and
achieve positive cash flow and net income
profitability.
"We are very appreciative of Dave's efforts and
leadership over the past seven years," said Johan
Lindquist, Apptix's Chairman of the Board. "He guided
us through a very challenging period of time and has
positioned the Company very well as we enter the
growth phase of our corporate development."
Mr. Lindquist will serve as the interim CEO as the
Company seeks Mr. Ehrhardt's replacement. His primary
responsibility will be working with the management
team as chief strategist for Apptix.
Christopher E. Mack, Apptix's Chief Financial
Officer, has been appointed President & Chief
Operating Officer and will be responsible for day-to-
day corporate operations. Mr. Mack has been with
Apptix since 2008 and was instrumental in the
financial and operational turnaround of the
business. Under Mr. Mack's financial leadership, the
Company has built an efficient and scalable business
model to support Apptix's future growth plans.
The Company's growth plans entail leveraging and
expanding its capabilities and experience delivering
public, private, and hybrid cloud services to its
existing base of half a million users under contract.
The growth potential in the market lies amongst a
combination of these three cloud service offerings. A
proven public cloud leader, Apptix is also one of the
few service providers with the knowledge and
expertise to be able to deliver a private and/or
hybrid cloud offering in a secure and customizable
environment. The Company will continue to leverage
its channel distribution model, but will augment this
with a direct sales presence primarily focused on
private/hybrid service offerings.
"We are pleased with the user growth delivered over
the past few years through our Channel First
distribution model," said Mr. Lindquist. "However, we
now need to experience a corresponding growth in top-
line revenue. Fortunately, we have a strong business
and solid foundation to build upon. Moving forward,
we see significant market opportunities within all
three cloud environments - public, private, and
hybrid. Working closely with our customers and
prospects, Apptix will provide and manage the
offerings, services, and customized solutions in the
cloud environment that best meet their needs to drive
the revenue growth we are seeking."
About Apptix
Apptix (OSE: APP) is the premier provider of hosted
business communication, collaboration, and IT
solutions to business of all sizes - from SOHO to
Fortune 500 - and blue chip channel partners. Apptix
is a Cloud services pioneer with over 520,000 users
under contract around the world. Apptix's
comprehensive portfolio of Cloud solutions includes
Microsoft Exchange email, VoIP, Microsoft SharePoint,
Microsoft Lync, Servers on Demand, and Enterprise
Backup. Services are delivered over a highly reliable
network leveraging best-in-class technology, housed
in SSAE 16-compliant datacenters, and backed by U.S.-
based 24/7 support. For more information, visit
www.apptix.com.
For further information:
Johan Lindqvist: +46 733 55 09 35.
Email: [email protected]
Chris Mach: +1 703 890 2800
Email: [email protected]
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