IBS Expands Executive Team with Key New Hires

Market Opportunities Prompt Expansion of Top Management

SOLNA, Sweden, March 28, 2012International Business Systems (IBS), a leading global integrated ERP and supply chain provider, today announced the expansion of its global leadership team with the hiring of David Rode as executive vice president and general manager of EMEA; Hiten Varia Hiten Varia as executive vice president and general manager of APAC; Mike Verdeyen as chief technology officer and Melanie Ofenloch as chief marketing officer.

“This seasoned team brings decades of demonstrated leadership and a track record of success in supply chain and distribution management software needed to take IBS to the next level,” said Pallab Chatterjee, chairman of the board, IBS. “I have absolute faith that we’ve built a management team that will help us shape the direction of this company through market leadership, technology and product strategy, proven sales acumen and a focus on customer satisfaction.”

David Rode, a software executive with more than 20 years of experience, has been named executive vice president and general manager of EMEA. Prior to joining IBS, he held leadership roles at software companies including iMANY, Lectra, Intentia and Information Builders, Inc. He also held global management positions at Safeguard Scientifics, Inc., and Milliken & Company.

Rode holds a B.A. in Economics and Fine Art from Denison University and a M.B.A. with distinction from the Wharton School of the University of Pennsylvania.

Hiten Varia, an industry veteran known for creating world-class customer focused organizations at top software companies, was named executive vice president and general manager of APAC. Prior to his role at IBS, Varia spent 17 years in executive leadership at i2 Technologies, now JDA, in leadership positions including chief customer officer; executive vice president of global customer operations, executive vice president of the Greater Asia Pacific Region, executive vice president of worldwide delivery and vice president of worldwide development. He also held management roles at EDS and Sylvex Cable in India and is chairman and founder of m9 Technology Solutions.

He has a M.S. in Electrical Engineering, specializing in Computer Architecture and Software Design, from University of Kentucky, and a B.S. in Electrical Engineering from University of Baroda, India.

Mike Verdeyen joins as Chief Technology Officer where he is responsible for IBS’ strategic technology roadmap and the engineering of its suite of software products. For the past nine years, Verdeyen held leadership positions at RedPrairie including vice president of product development for retail products and technology; vice president of product development of global platforms and technology; vice president of product development of the enterprise applications group; director of product development for the offshore development center and director of product development for transportation management. Prior to RedPrairie, he held several management roles at McHugh Software, Software Architects Incorporated, Computer People Unlimited and Digital Equipment Corporation.

Verdeyen received his B.S. in electrical engineering from the University of Illinois at Urbana-Champaign.

Melanie Ofenloch was named Chief Marketing Officer where she is responsible for the overall global strategy and execution of IBS’ strategic marketing program including product marketing, marketing communications, customer support, demand generation and strategic positioning. Most recently, she was an executive vice president of Weber Shandwick, the world’s largest global communications agency and part of the $7 billion Interpublic Group.  A 20-year marketing and communications veteran, Melanie has led marketing organizations for both private and public companies including serving as vice president of marketing for i2 Technologies and Nanovation Technologies. She has a strong background in global technology clients including Verizon, Nokia, Sterling Software and Samsung.

Ofenloch received her B.A. in communications from Auburn University.

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