SAN MATEO, Calif., April 25 /PRNewswire-FirstCall/ --
E.piphany, Inc. (Nasdaq: EPNY) today announced that Fred Anderson, Apple's
executive vice president and chief financial officer, has agreed to join
E.piphany's board of directors, pending his election at the company's annual
meeting on May 30, 2003. In the company's proxy statement filed yesterday,
E.piphany also announced that Jenny Ming, president of Old Navy, has resigned
from the board in order to accept an expanded role within Old Navy, and that
Sam Lee, General Partner of Information Technology Ventures, the original
venture capital investor of E.piphany, will retire from the board at the end
of his current term which coincides with the company's annual meeting.
(Photo: http://www.newscom.com/cgi-bin/prnh/20020724/EPNYLOGO )
"Fred's stature and financial expertise are well-known throughout Silicon
Valley and beyond," said Roger Siboni, president and CEO at E.piphany. "His
far-reaching experience will help ensure that E.piphany expands its
comprehensive corporate governance framework and takes full advantage of the
growth opportunities in the CRM market. Fred's knowledge of executive
management and proven corporate leadership will be key assets in helping
E.piphany achieve its strategic goals. Our board of directors is pleased to
welcome Fred to its membership, and acknowledges with gratitude the years of
service by Jenny and Sam."
Mr. Anderson joined Apple as executive vice president and chief financial
officer in March 1996. In his capacity as CFO, Mr. Anderson oversees the
controller, treasury, investor relations, tax, information systems, internal
audit, facilities and human resources functions. He reports to the CEO and
serves on the company's executive committee.
Mr. Anderson came to Apple from Automatic Data Processing (ADP), where he
was chief financial officer. In that capacity he oversaw the controller,
treasury, internal audit, tax, investor relations, real estate and facilities
functions and served on ADP's executive committee. Prior to joining ADP,
Mr. Anderson held several domestic and international executive positions at
MAI Systems Corporation, including president and chief operating officer as
well as senior vice president and chief financial officer. He also served as a
member of the company's board of directors. Prior to MAI, Mr. Anderson was a
manager in the consulting division of Coopers & Lybrand.
Mr. Anderson's career accomplishments include major contributions to the
turnaround at Apple. These involved solving a liquidity crisis through a major
convertible bond offering and significant asset management improvements;
executing a massive restructuring that enabled the company to return to
profitability, and working with the CEO and other members of the Executive
Team to regain growth of the company.
Mr. Anderson received a Bachelor of Arts degree from Whittier College and
an M.B.A. from the University of California, Los Angeles. He served as a
captain in the U. S. Air Force and is a certified public accountant in the
State of California. He currently serves on the 3Com board of directors and
was a member of the Financial Accounting Standards Advisory Board.
About E.piphany
E.piphany is a leading provider of marketing, sales, and service solutions
for the largest global enterprises. The company's integrated CRM suite, the
E.piphany E.6 software solution, is driven by real-time intelligence to enable
global businesses to understand their customers and take the optimal actions
to improve customer satisfaction, increase revenue, and reduce costs.
E.piphany E.6 solutions are built on the industry's most advanced,
component-based CRM platform, resulting in fast and easy deployment and
adoption. Leading companies, including more than 35 of the Fortune 100, use
E.piphany software products to enhance their customers' experiences, enable
organizational effectiveness, and drive value. With worldwide headquarters in
San Mateo, California, E.piphany has regional operations and offices
throughout North America, Europe, Asia Pacific, Japan, and Latin America. For
more information, visit us at http://www.epiphany.com.
This press release contains forward-looking statements regarding
E.piphany's growth and attainment of strategic goals. The success of E.piphany
in attaining its goals and the future operating results of E.piphany may
differ from the results discussed or forecasted in the forward-looking
statements. Factors that could cause actual results to differ materially from
the forward-looking statements include the degree of interest in and
acceptance of E.piphany's new products, increases in the length of E.piphany's
sales cycles, reduced IT spending by customers and potential customers, the
introduction of new products and services by competitors and intense
competition generally, our ability to hire and retain qualified personnel, and
general and industry-specific economic conditions. Further information on
potential factors that could affect the financial results of E.piphany are
included in E.piphany's Annual Report on Form 10-K, Quarterly Reports on Form
10-Q and its other filings with the Securities and Exchange Commission, which
are available at http://www.sec.gov. E.piphany assumes no obligation to update the
forward-looking statements in this press release.
NOTE: E.piphany and the E.piphany logo are registered trademarks of
E.piphany, Inc. All other trademarks are the property of their respective
owners.
SOURCE E.piphany, Inc.
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Related links:
http://www.epiphany.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20020724/EPNYLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, 1-888-776-6555 or +1-212-782-2840
CONTACT:
Ellen Olson, Public Relations,
+1-650-356-3823, or eolson@epiphany.com, or Todd Friedman,
Investor Relations, +1-650-356-3934, or tfriedman@epiphany.com,
both of E.piphany
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