CopperEye Positions for Growth Michael Shea Hired As Vice President Of Worldwide Sales

Data Indexing Innovator Establishes U.S.Headquarters In Stamford, Conn., To Best Facilitate Management Of Global Sales And Partnership Networks

January 27, 2005 - San Francisco, CA - CopperEye, developer and supplier of innovative data Indexing technologies that significantly enhance database performance, today announced the appointment of Michael Shea as vice president of worldwide sales. Recruited to spearhead CopperEye's expansion plans in the Americas, EMEA and AP, Shea brings with him more than 20 years of experience delivering technology solutions to large global enterprises. Shea will be responsible for driving software licenses through both direct and indirect channels.  The search was conducted by Taylor Winfield, Inc.

"CopperEye was able to gain significant traction in 2004 with the introduction of the CopperEye DataBlade for Informix Dynamic Server and an expansion of the IBM business partnership" said Kate Mitchell, chief executive officer of CopperEye. "As we began 2005, it became clear we needed a sales leader with the proven ability to architect and manage a global sales and partner organization. We are proud to have attracted a sales leader with Michael's experience and track record of success, and believe he will enhance our ability to drive revenue, and expand our market presence."

In addition to this appointment, CopperEye has relocated its U.S.A. headquarters to Stamford, Conn. By moving its base of U.S. operations to Connecticut, CopperEye will be best able to manage a global sales and partner organization among its Bath, UK, headquarters, the Americas, and the rest of the world. The Company will continue to maintain an office in San Francisco, Calif.

"The ever-increasing demands of business intelligence, data surveillance, regulatory compliance, and RFID-enabled supply chains generate a staggering amount of data that companies must retain and access quickly," noted Michael Shea in accepting his new role. "This geometric growth in data volumes is increasing pressure on IT infrastructures and balance sheets. CopperEye is the first company to properly identify conventional database indexing as a barrier to cost-effectively managing that data growth. By delivering products today that offer exponentially faster access to large data repositories, CopperEye is focused on helping companies stay far ahead of the trend, achieving quantifiable business benefits."

Shea comes to CopperEye from Information Builders, the world's second largest privately held software company, where he served as vice president of international sales and marketing. At Information Builders, he led the restructuring of its business to become more scalable and solution-focused. Prior to Information Builders, Shea led IBM's Websphere Business Integration sales efforts in EMEA and had revenue responsibility for IBM's MQ-family, middleware adapters and key technology supplier relationships on a global basis. Before joining IBM, Shea held a series of management and sales positions at Lucent Technologies, and BellSouth Corporation. Shea will be based in Stamford, Conn.

About CopperEye
CopperEye Ltd provides software for developing and implementing high performance data management solutions. Using CopperEye, companies are able to improve global business operations by eliminating system downtime for large batch data loads, dramatically reduce the time required to load large volumes of data into databases without requiring additional hardware, and implement more powerful business applications at dramatically lower costs than competing solutions. CopperEye's underlying technology is a new, patent-pending indexing approach that delivers a quantum leap in performance over traditional indexing alternatives. This technology is available as part of the CopperEye Software Development Kit and the CopperEye Datablade for IBM's Informix Dynamic Serve (IDS).  CopperEye has offices in Bath, U.K., San Francisco, CA and Stamford, CT, U.S.A.  For more information, please visit http://www.coppereye.com/.

About Taylor Winfield. Inc.
Established in 1987, Taylor Winfield has been instrumental in building billions $$ in market value within the high technology industry, via retained executive search and strategic business development. Through key relationships with premier venture capital firms, maturing client companies, and their executive network of visionary industry leaders, Taylor Winfield has conducted searches to create hundreds of high tech core management teams in enterprise software (applications & infrastructure), wireless, networking, computer hardware, services, and semiconductors.  For more information, please visit www.taylorwinfield.com.

 

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