Press Releases

170 Systems Promotes European Director and Adds New U.K.-Based Business Development and Sales Manager

Seasoned Professionals to Continue Company's Expansion in Europe and U.K.

Bedford, MA., May 19, 2008 - 170 Systems, a worldwide leader in automating finance processes, today announced the promotion of François Chiche to European Director with expanded responsibilities for all 170 Systems sales and business development operations in continental Europe and the U.K. It also announced that Ian McGregor has joined the company as Business Development and Sales Manager in the U.K.

"Since joining the company in 2006, François has leveraged his wealth of experience to expand the reach of 170 Systems' Oracle- and SAP-based products in Europe," said Pete Tyrrell, 170 Systems' Vice President of Sales. "Increasing his responsibilities recognizes François' contributions in enhancing 170 Systems' awareness and customer base in the region, and concentrates the additional resources and expertise to successfully address this strategic market."

"In close touch with customers' financial process automation needs, Ian brings extensive knowledge of the enterprise software markets in the U.K.," said François Chiche, 170 Systems' European Director. "We're delighted to welcome Ian to the 170 Systems team and look forward to his participation in the company's U.K. growth."


About Chiche:
With 20 years' experience managing partners in the U.S. and international markets, Chiche brings an in-depth knowledge of international sales and business development to his role. Prior to joining 170 Systems, Chiche was with Adobe Systems as Southern Europe Director of Solution Sales and, previously, as Country Manager. Formerly, Chiche worked for IBM France as Director, Data Management West Region (France and Benelux), which he joined when Informix Software France was acquired. He also worked for Ardent Software as Director of Worldwide Business Development prior to their acquisition by Informix. He holds an MBA from l'École Des Cadres du Commerce et des Affaires Économiques de Paris.

About McGregor:
With a wealth of experience working in both start-up and larger organizations selling enterprise software solutions, McGregor brings a deep understanding of critical market segments. Prior to joining 170 Systems, McGregor was with Lawson UK managing Retail and Professional Services clients in the UK, Eire, Netherlands and Belgium. Previously, McGregor has held sales positions with firms including Solution 6 Europe Limited/MYOB, London, PeopleSoft UK Limited, Saratoga Systems UK Limited, Cognos and others.

About 170 Systems:
170 Systems develops best-of-breed financial process applications that are the foundation for world-class Finance operations in onshore, offshore, centralized and shared services organizations. Designed to complement the ERP's transactional core, 170 MarkView automates end-to-end financial processes with consistent best practices that leverage the latest capture technologies (imaging, OCR, e-Invoicing and others), reducing operational costs, improving speed, visibility, quality and enforcement of internal controls, while providing the best user experience for all participants in Finance processes (AP processors, line-of-business approvers and Finance Managers). Applications in the 170 MarkView Financial Suite include Accounts Payable, Expense Management, Procurement, Accounts Receivable, Asset Management, General Ledger and Project Re-Billing.

For more information about 170 Systems, please call 781.743.1900 (North America), +44 0208 610 6009 (other regions) or visit http://www.170systems.com.

Trademarks
170 Systems and 170 MarkView are trademarks of 170 Systems.

back to press room