OATSystems
Announces Appointment of James Clemens as VP of Sales and Stephen
Royal as Chief Financial Officer
Arrivals of Industry Pros Coincide
With Strategic Focus on Delivering RFID-enabled Business
Solutions
WALTHAM, Mass. – June 4, 2007 – OATSystems,
Inc. today announced two new additions to the management
team, James Clemens as vice president of sales and Stephen Royal
as chief financial officer.
The two join OATSystems as the market
demand for RFID-enabled business solutions increases, focusing
less on RFID technology itself. This
significant shift has created a need for ramped-up sales and financial
infrastructures at the RFID solutions provider.
“We are delighted to have Jim and Steve join our executive team and are
confident that they will make significant contributions to OATSystems’ transformation
and growth,” said Michael
George, president and chief executive officer, OATSystems. “As
the RFID market moves from pilot to production mode and from
RFID technology to RFID solutions, we need to bolster our sales
organization to meet that demand. In addition, we must have a
seasoned CFO, who can build and implement the required financial
infrastructure to support anticipated growth. These appointments
further strengthen the OAT management team as we continue to focus
on developing and delivering RFID-enabled business solutions.”
Clemens has more than 20 years of sales
experience at high-tech companies. Before joining OATSystems,
he was vice president, strategic applications sales for SAP (formerly
Frictionless Commerce, a provider of supplier relationship management
software solutions). Previously, he had been vice president of
direct sales for Macromedia, a provider of rich media web development
software. Clemens also served in senior sales and service roles
at Centerbeam, Radview Software, Livevault and Silicon Graphics,
among others. Clemens earned a bachelor’s degree with honors
in computer science at Dartmouth College.
Royal has more than
25 years’ experience in rapidly growing
private, public and pre-IPO software, service and high-tech companies.
Before joining OATSystems, he served as SVP and CFO of CXO Systems,
Inc., a provider of real-time risk and operational intelligence
software. Steve also served as the CFO and treasurer of Engage,
Inc., a leading provider of enterprise marketing software and interactive
media. In this role, Steve was responsible for leading the company’s
$100MM+ IPO and subsequent $75MM private placement funding, as
well as Engage’s mergers and acquisitions initiative. Royal
earned a bachelor’s degree in accounting at Merrimack College
and a master’s degree in administration from Saint Mary’s
College.
About OAT (www.oatsystems.com)
OATSystems, Inc. is the recognized RFID solution leader with software
that empowers businesses to achieve competitive advantage and
ROI from radio-frequency identification (RFID) enabled applications.
As a pioneer in the development of RFID technology, OAT has been
setting the standards in RFID for over half a decade and is responsible
for industry firsts that include the largest scale and largest
scope of deployments, as well as the most innovative approaches
to providing enterprise-wide RFID solutions. OAT’s multinational
client base consists of nearly 100 customers in retail, CPG,
consumer electronics, manufacturing, life sciences, aerospace
and defense. OAT is headquartered in Waltham, MA, with a development
office in Bangalore and various direct sales offices and resellers
around the globe.
To learn more about the company’s latest
developments, visit the website at www.oatsystems.com.
CONTACT:
George Cohen
George Cohen Communications
(617) 325-0011
[email protected]
All companies and products listed herein are
trademarks or registered trademarks of their respective holders.
|