FusionOps Appoints Shamik Mehta To Lead Business Development

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Experienced industry executive brings proven sales and market development expertise.

FusionOps Inc. a market leader in lean material procurement and supplier collaboration software, today announced the appointment of Shamik Mehta to the position of Executive Vice-President, Business Development responsible for strategic sales and market development.

Shamik is a seasoned executive with over 30 years of sales, marketing, business development, general management, and technical experience in the high tech industry. Prior to joining FusionOps, Shamik was a senior sales executive and a member of the executive committee of TIBCO Finance Technology where he played a key role in growing TIBCO from an early stage start up to a publicly traded company. While at TIBCO, he established the international market and grew it to 50% of the total revenue. Prior to joining TIBCO, Shamik spent 13 years at Hewlett Packard, where he held key positions in domestic, international and Industry marketing, Sales Management and MIS management. He has also done a stint at EDS as a Systems Engineer, developing applications for healthcare industry. Shamik holds MBA from Miami University in Marketing and Quantitative Analysis and Bachelor of Science degree in Chemical Engineering from the Indian Institute of Technology.

"We are very excited to have Shamik join our executive team", said Ram Mohan, CEO of FusionOps. "This has been a record breaking year for FusionOps with major wins and large enterprise deployments. We expect Shamik to play a key role in extending our market leadership and growing the company."

About FusionOps

FusionOps is a market leader in lean material procurement and supplier collaboration software for manufacturing companies. FusionOps AMS goes far beyond traditional EDI and SRM portals delivering faster material responsiveness, enabling more control over materials costs and full process compliance using simple business rules. FusionOps is headquartered in Sunnyvale, California and can be reached at http://www.FusionOps.com.

Copyright © 2002. FusionOps AMS, FusionOps Corporation, FusionOps Adaptive Material Supply are trademarks of FusionOps Corporation. All other company, product, and brand names are trademarks of their respective owners.

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