Revelwood Engages Mitch Lapidus as Vice President to Lead its Explosive Sales Growth

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Revelwood Inc., a leading technology consulting firm specializing in performance management solutions for Cognos, an IBM company, and Varicent, today announced the appointment of Mitch Lapidus as Vice President of Sales.

There are many technologies in the marketplace that offer performance management solutions, and even more firms to implement those technologies

Revelwood Inc., a leading technology consulting firm specializing in performance management solutions for Cognos, an IBM company, and Varicent, today announced the appointment of Mitch Lapidus as Vice President of Sales.

Mr. Lapidus brings more than 20 years of sales, marketing and operations experience to Revelwood. Most recently, Mr. Lapidus served four years as Vice President of Sales & Marketing for Axis Group, a business intelligence consulting firm, where he helped double the firm's annual revenues during his tenure. He was Managing Principal of his own consulting firm for 12 years before joining Axis and a professional motivational speaker helping business leaders achieve greater success in their operations prior to that.

"Mitch Lapidus is a proven technology sales leader having been involved in sales, marketing and operations in high-tech firms for more than two decades," stated Kenneth Wolf, CEO of Revelwood. "Revelwood's record growth over the past several years has been dramatic and strategic hires like Mitch will help us meet the needs of the market and our clients. Mitch's enthusiasm coupled with his sales experience will allow us to focus on finding new business, while allowing us to integrate all sales activities with post-sale delivery and support."

Revelwood has achieved global recognition as trusted advisors in implementing IBM Cognos TM1, a multi-dimensional OLAP database engine that fully integrates company data within a single solution to streamline budgeting, planning and reporting processes. Revelwood is also a provider of sales performance management technology that automates incentive compensation, territory management, quota planning and sales analytics through its partnership with Varicent.

"There are many technologies in the marketplace that offer performance management solutions, and even more firms to implement those technologies," remarked Lapidus. "After extensive analysis, Revelwood, along with its partners Cognos and Varicent, stood out as leaders in their fields. I feel privileged to work with the best minds in the industry."

About Revelwood
Revelwood provides performance management solutions to Fortune 1000 and mid-market companies. Offering products, implementation services, training and support, Revelwood's performance management solutions bring ease, speed and flexibility to enterprise planning, reporting and analytics.

An IBM Cognos TM1 Platinum Reseller and Premiere Varicent Strategic Business Partner, Revelwood has been recognized among the most reputable performance management solution providers in North America. Together, Revelwood's BPM and SPM solutions extend performance management beyond the office of finance into sales, operations and other key business areas for numerous innovative companies including Genworth Financial, CBS, Dow Jones, Madison Square Garden, Wells Real Estate Funds, LifeMasters and TV Guide.

Revelwood, headquartered in the New York City area, was named one of America's fastest growing companies in Inc Magazine's listing of the Inc 500, Deloitte & Touche's Fast 500 and the Entrex Private Company Index (PCI). Additional information on Revelwood can be obtained by visiting http://www.revelwood.com or calling (800) 687-0202.

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LISA MINNECI
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