Vizional Technologies Names Joseph H. Dugan President, CEO and Chairman, Expands Management Team With Strategic Hires in Finance, Sales, and European Operations

Supply Chain Industry Veteran to Lead Experienced Management Team as Market Demand Grows for Tools to Manage Supply Chain Uncertainty

Sept. 10, 2002; SANTA MONICA, Calif.--(BUSINESS WIRE); http://findarticles.com/p/articles/mi_m0EIN/is_2002_Sept_10/ai_91251478

Vizional Technologies, Inc., a pioneering provider of multi-enterprise supply chain solutions, today announced the appointment of Joseph H. Dugan as Chief Executive Officer, President and Chairman of the Board of Directors, as well as the addition of financial, technology and supply chain industry veterans to its executive management team. The personnel moves follow a year of tremendous momentum for Vizional Technologies and come in response to the growing market demand for global technologies to manage supply chain uncertainty.

Dugan comes to Vizional Technologies as a proven technology industry veteran, who has led companies to significant growth and success. As the former President and CEO of World Commerce Online, Managing Director of AnswerThink Consulting Group, Vice President of Oracle Corporation and Senior Vice President of Cambridge Technology Group, Dugan has had Profit/Loss responsibility and significant experience in all segments of company operations including European, Asian, and American operations, technology, strategy, channel development, marketing and sales. He has also successfully led companies through the IPO process and his cross-industry technology experience has brought his companies tremendous growth.

"Joe Dugan has more than 20 years of senior executive management experience as a visionary leader in the application of technology for business throughout all the major industries from start-up to large multi-national companies," said Zone Ventures Managing Director Frank Creer and a member of the Vizional Technologies Board of Directors. "We believe that Joe will bring the same energy and industry expertise to Vizional Technologies as he guides the company through its emerging growth and establishes the company as the leading global provider of multi-enterprise distributed supply chain solutions."

The company's other senior executive appointments bring a breadth of experience in the areas of finance, sales, and operations:
-- Michael Christiansen, former investment banker for Prudential Securities, co-founder and CFO of Proponent Software, and Vice President of Trident Data Systems, joins Vizional Technologies as Executive Vice President and Chief Financial Officer.
-- Scott MacDonald, former Senior Vice President for Sales and Marketing for both Manugistics and Aspect Development, and founder of supply chain software start-up ProMira with significant sales experience at both IBM and enterprise software supplier SSA, joins Vizional Technologies as Executive Vice President of Sales.
-- Michael Lantz, who previously oversaw sales, marketing and strategic activities as a founding member of Viewlocity in Europe, the Middle East, and Africa, now serves as Vizional's Senior Vice President of European Operations.

"Vizional Technologies is uniquely poised to deliver compelling, game-changing technologies much like the Client Server and Internet technologies did during the 90's," said Vizional Technologies Chairman and CEO Joe Dugan. "Our multi-enterprise supply chain solutions and Radio Frequency Identification Device (RFID) applications provide our customers with an immediate, non-invasive competitive advantage by establishing 360-degree, real-time visibility and eliminating supply chain uncertainty."

"In Joe Dugan, Vizional Technologies has a proven leader with a track record of excellence in applying technology to create supply chain efficiencies, build organizations, and generate new business opportunities," said Tim Harvie, a member of Vizional Technologies' Customer Advisory Board and Managing Director and Chief Technology Officer for ProLogis, a global owner and operator of distribution warehouses. "The leadership of a supply chain industry luminary of his caliber will ensure that Vizional Technologies assumes a vanguard position in the market for many years to come."

About Vizional Technologies, Inc.

Vizional Technologies, a pioneering provider of multi-enterprise distributed inventory, order fulfillment, and private trading exchange solutions, delivers competitive advantage to its customers. Its patent-pending VizionalNet(TM) collaborative commerce technology provides businesses with real-time visibility and synchronization of their order fulfillment processes, while enabling a single view of all facets of the supply chain. The solution, available as a hosted service or as product behind the firewall, enables trading partners to dramatically reduce cycle times, eliminate excess inventory, and proactively manage their fulfillment operations, handling exceptions as they are identified. Vizional works with customers across all industries such as high-tech, food, consumer products, logistics services, retail, and automotive.