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After heading the company for 15 years founder Michael Moppert hands
over leadership to software industry veteran
Basel, Switzerland - May 14, 2008 - Day Software Holding AG
(SWX:DAYN, OTCQX:DYIHY), a leading provider of global content
management software, today announced the appointment of Erik Hansen
as new CEO of the company. Michael Moppert, founder and CEO of Day
Software for over 15 years, will continue to serve the company as
Chairman of the Board of Directors. Mr. Hansen will take on his new
responsibility by June 2, 2008.
Mr. Hansen is a recognized software industry veteran with over 30
years of experience as a senior executive at leading software
companies, including Interwoven, Tibco, Siemens and Apple, both in
Europe and in the United States.
Most recently Mr. Hansen was leading the European operations of U.S.
ECM vendor Interwoven as Senior Vice President and General Manager
EMEA. Prior to Interwoven, Mr. Hansen was heading the European
operations of Netegrity, a leading provider of identity and access
management solutions. Before his engagement at Netegrity, Mr. Hansen
served as President EMEA at Tibco, where he very successfully built
the European operations of this global infrastructure software
vendor. Before Tibco Mr. Hansen was Executive Vice President and
General Manager Operations of Siemens Pyramid Inc , a 100% owned
subsidiary of Siemens, during which time he was based in San Jose,
California.
"Erik brings a unique combination of skills and professional
experience to Day," said Michael Moppert, founder and chairman of Day
Software. "He knows our two core markets extremely well: With
Interwoven he has been very successful in the area of Content
Management. At Tibco Erik built up their European operations in
record time. He was aggressively growing the company's market share,
revenues and profitability and made Tibco one of the undisputed
leaders in the area of infrastructure software. His experience in
these two key markets will enable Erik to unlock the full potential
of the technology we have built at Day and further accelerate our
growth," Moppert continued. "Erik is a very seasoned software
executive who has successfully run businesses of significant size
both in Europe and the United States. He is extraordinarily
qualified to continue the positive development of Day and further
strengthen our position as a globally recognized industry leader in
the content management and content infrastructure space."
"We have a tremendous opportunity at Day to take the company to the
next level. All the necessary ingredients for accelerated growth are
there: Day offers the industry's most innovative content management
product portfolio with a unique mix of applications and
infrastructure solutions. We are the internationally recognized
leader of the industry's new standard for content management. We have
an excellent customer base and OEM relationships with some of the
most recognized technology vendors such as IBM and Oracle. The
company is financially healthy and has delivered continued profitable
growth," said Erik Hansen. "My mandate is to continue and accelerate
these positive trends. The significant majority of the company's
revenues so far resulted from its content management applications. We
will continue to grow that business and serve our customers. In
parallel we will accelerate the growth of the content infrastructure
business. Day Software is the undisputed technology leader in the
new, emerging market of content infrastructure software. We will
leverage this unique position aggressively and open up new revenue
opportunities - which we believe to be very significant. I am excited
to have the opportunity to execute this strategy as it gives me the
unique opportunity to leverage the experience I have in both the
content management space as well as in the infrastructure industry,"
Hansen concluded.
About Day Software
Day Software is a leading provider of integrated content, portal and
digital asset management software. Day's content management
technology Communiqué offers a comprehensive, rapidly deployable
framework to unify and manage all digital business data, systems,
applications and processes through the web.
Day is an international company, founded in 1993, and listed on the
SWX Swiss Exchange (SWX:DAYN) since April 2000. Day shares are also
traded Over the Counter (OTC) in the form of American Depositary
Receipts (OTCQX:DYIHY). Day's customers are some of the largest
global corporations and include Audi, Daimler, Deutsche Post World
Net, Deutsche Bank, InterContinental Hotels Group, McDonald's and
Volkswagen.
A warning regarding forward-looking statements
This press-release may contain forward-looking statements regarding
future events or the future performance of Day Software Holding AG
and its subsidiaries (the "Company"). Words such as "expects,"
"plans," "believes," "may," "will," and variations of these words or
similar expressions are intended to identify forward-looking
statements. These statements speak only as of the date hereof. Such
information is subject to change, and we will not necessarily inform
you of such changes. Actual events or results, of course, could
differ materially and adversely from those expressed in any
forward-looking statement. There is currently no public trading
market in the United States for the Company's stock, and the Company
does not make filings (e.g., Forms 10-K and 10-Q) with the Securities
and Exchange Commission under the Securities Exchange Act of 1934.
For further information
Peter Nachbur
Day Software AG
Barfuesserplatz 6
4001 Basel, Switzerland
T +41 61 226 98 98
peter.nachbur@day.com
The English text of this press release represents the binding
version.
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Day Software Holding AG
Barfüsserplatz 6 Basel Schweiz
WKN: 936168;
ISIN: CH0010474218; Index: SPI, SPIEX, SSCI;
Listed: Main Market in SWX Swiss Exchange;
