Interactive Enterprise Names Paul McBride CEO

Interactive Enterprise, the provider of ConexonTM -- the #1 globally deployed system in the cable provisioning/activation market -- today named Paul McBride, formerly chief operating officer, as chief executive officer of the company. The company also said that Paul Monnelly, formerly chief financial officer for Interactive Enterprise, has been appointed to the position of chief operating officer.

(PRWEB) July 9, 2004 -- Interactive Enterprise, the provider of ConexonTM -- the #1 globally deployed system in the cable provisioning/activation market -- today named Paul McBride, formerly chief operating officer, as chief executive officer of the company.

The company also said that Paul Monnelly, formerly chief financial officer for Interactive Enterprise, has been appointed to the position of chief operating officer.

In addition, Interactive Enterprise said it has moved to the same successful channel oriented model in North America as it operates in the European and Asia-Pacific regions. Interactive Enterprise will retain partner and support functions in the U.S. and Canada to provide superior service to its partners and customers.

Concurrently Tom Higgins, founder and former CEO of Interactive Enterprise, has started BroadCap Corp., which will sell Interactive Enterprises Conexon solution as part of its product offerings. This partnership with BroadCap will facilitate the implementation of Interactive Enterprises North American strategy.

Todays announcement enables Interactive Enterprise to maintain its leadership position in Asia-Pacific and European regions, while creating the same model in North America that has proven so successful in the rest of the world," said McBride. Moreover, it lets us better utilize Paul Monnellys exceptional operational capabilities. We also look forward to working with Tom Higgins and his organization as a valued partner as we look to make North America an even stronger market for our offerings."

McBride and Monnelly
Paul McBride joined Interactive Enterprise in early 1999 as chief operating officer and oversaw its growth from start-up to global player with strong partnerships and a distribution network. He has over 18 years' experience in the information technology industry. Prior to joining Interactive Enterprise, McBride was managing director with Cambridge Technology Partners, a consulting and systems integration firm, in Ireland. He has also worked at Irish and US software product and services companies in various senior technical and management roles. His background is in computer applications, with a B.Sc. from Dublin City University.

Prior to joining IE in 1999, Paul Monnelly held various senior financial and operational positions within the telecommunications and software industries, most recently as European financial controller and company secretary of a data communications company specializing in the transmission of messages generated from transaction-based applications. Prior to that Monnelly served at director level with customer care, finance and operations responsibilities in the electronic catalogue arena. Monnelly is a fellow of the Chartered Institute of Management Accountants and has more than 18 years' experience in the finance, telecommunications and software industries.

About Interactive Enterprise (www.interactive-enterprise.com)
Founded in 1998, Interactive Enterprise, Ltd. develops and markets broadband provisioning and service activation software to global broadband operators. Its ConexonTM software platform is the #1 solution deployed globally and enables operators to rapidly deploy voice, video and data services to their subscribers across multiple broadband platforms and devices. The company markets its multi-service offerings throughout North America, Latin America, Europe and Asia through channel partners such as Motorola and CSG Systems. The company is funded by Cross Atlantic Capital Partners.

Interactive Enterprise differentiates its Open Conexon platform on its ability to reduce operating costs by as much as 40 percent with a 7-12 month ROI. It also offers an accelerated time to revenue as operators can both deploy Open Conexon applications and rapidly develop and deploy their own complementary service packages from the platform. Further, Open Conexon enables operators to define any service and develop interfaces into third-party complementary applications such as digital head-ends, telephone switches, billing systems, etc. This gives operators complete control over the end-to-end creation and delivery of services and protects their investments. It also enables the rapid uptake of services by subscribers, thus increasing the service providers average revenue per user (ARPU).