SAN MATEO, Calif., July 24 /PRNewswire-FirstCall/ -- E.piphany, Inc.
(Nasdaq: EPNY) today announced that it has promoted Karen Richardson to Chief
Executive Officer and Phil Fernandez to President and Chief Operating Officer.
Roger Siboni will remain actively involved with E.piphany as Chairman of the
Board of Directors, with a day-to-day focus on helping to expand E.piphany's
customer base and to drive the Company's vision into the marketplace. Karen
Richardson has also been named a Director of the Company.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020724/EPNYLOGO )
"I am excited to announce this next step in the natural evolution of our
Company," said Mr. Siboni. "For the past year, I have been increasingly
focused on being out in the marketplace with our sales teams to create new
customer opportunities and drive our E.6 vision. At the same time, Karen,
Phil and Kevin Yeaman, our CFO, have been taking on more of the day-to-day
responsibilities for running the company. Today's announcement will ensure
that we continue to derive the maximum value from the talents of our
management team well into the future. We are fortunate to have maintained
tremendous continuity within this management team, with the same four people
running the company today who helped build E.piphany into a public company."
"With E.6 well on its way, this is an exciting time for the Company," said
Ms. Richardson. "We have improved our operating results for the past four
quarters by increasing our focus on the products we sell, the geographies in
which we operate, the vertical markets we serve and the organizations with
whom we partner. This focus will enable E.piphany to continue to gain market
share while maintaining our reputation for thought leadership and customer
satisfaction."
Karen Richardson, 40, has been E.piphany's Executive Vice President,
Worldwide Operations since January 2002. Ms. Richardson joined E.piphany in
June 1998 to build its sales organization and was instrumental in taking the
company from its days as a startup to a global entity with more than 470
customers. Prior to joining E.piphany, Ms. Richardson held senior sales
positions at Netscape Communications Corporation from 1995 to 1998, during
which time Netscape's sales grew from $80 million to over $500 million
annually. There, Karen drove Netscape's presence in verticals such as
Telecommunications, Financial Services and Media/Communications. Prior to
Netscape, Ms. Richardson held a variety of sales and marketing roles with
Collabra Software, Inc., Lotus Development Corporation, cc:Mail and 3Com
Corporation. Karen holds a BS in Industrial Engineering from Stanford
University.
Phil Fernandez, 42, has been E.piphany's Executive Vice President,
Products and Marketing since November 2002. He has been running E.piphany's
product development efforts since joining the company in April 1999. Before
joining E.piphany, Phil was chief operating officer of Red Brick Systems.
Earlier at Red Brick, Phil built and managed the company's worldwide
professional services organization, and served as executive vice president
responsible for product development. Prior to Red Brick, Phil held senior
engineering and marketing positions at Metaphor Computer Systems, Stanford
University, and Masstor Systems. Phil holds a bachelor's degree in history
from Stanford University.
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 serves customers in more than 40 countries
around the world. For more information, visit us at http://www.epiphany.com.
This press release contains forward-looking statements, including
statements relating to E.piphany's continued achievement of strategic
milestones, successful selling efforts, growth of existing customer
engagements and balance sheet strength. Actual results could differ materially
from such 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.
These factors and others are described in more detail in our public reports
filed with the Securities and Exchange Commission, such as those discussed in
the "Risk Factors" section included in our Annual Report on Form 10-K,
Quarterly Reports on Form 10-Q and in our prior press releases. E.piphany
assumes no duty to update forward-looking statements.
SOURCE E.piphany, Inc.
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Related links:
http://www.epiphany.com
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NewsCom:
http://www.newscom.com/cgi-bin/prnh/20020724/EPNYLOGO
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PRN Photo Desk, 1-888-776-6555 or +1-212-782-2840
CONTACT:
investors, Todd Friedman of E.piphany, Inc.,
+1-650-356-3934, or tfriedman@epiphany.com; or media, Brandon
McCormick of Access Communications, +1-415-844-6218, or
bmccormick@accesspr.com, for E.piphany, Inc.
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