Ticoon Technology Announces Major Expansion Efforts With The Hiring Of Five Key Executives

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Rudy Fischer as General Manager Of Credit Unions, Tim Wesseling as Vice President of Sales, Patrick De Angelis as Vice President Of Delivery, Mike Donati as Vice President of Product and Gil Quesnelle as Strategic Account Manager of Insurance

Ticoon Technology
Our development team has worked incredibly hard to deliver a solid, feature rich web-based wealth management platform.

Ticoon Technology Inc., a leading provider of Cloud based software solutions for financial advisors announced today that it has completed the hiring of 5 key team members. These strategic appointments enable Ticoon to continue its agressive expansion efforts in the financial services marketplace.

Rudy Fisher – General Manager, Credit Unions
Rudy is a 25-year veteran in the high technology services industry. He holds the designation of Certified Management Accountant (CMA), an Electronics Engineering Technology Diploma and is a graduate of the Ivey Executive Marketing Program.

In his new role at Ticoon Rudy will manage the relationships with Ticoon’s credit union clients and be instrumental in continuing Ticoon’s expansion into the credit union market.

“Credit Unions are rapidly adopting the Ticoon platform, we have experienced a 900% growth in the market since January of this year.” said Rick Hyde, President and CEO. “Rudy Fischer has a vast amount of knowledge in the credit union space, he will provide true value to both new and existing clients.” concluded Rick.

Rudy Fischer commented: “I’m excited to be joining this dynamic and forward thinking company. Ticoon has done a fantastic job at providing credit unions with the unique functionality they require, I look forward to helping Ticoon deliver further functionality to our clients.”

Previously Rudy held executive management positions with Everlink Payments Services, Rogers, Sprint Canada, Nortel Networks, Newbridge Networks and Mitel where he was responsible for various business units including professional services, marketing and product management.

His latest accomplishments at Everlink included working with the Credit Unions across Canada in upgrading their debit and credit cards, ATM’s and banking systems to the new EMV standards.

Tim Wesseling – Vice President, Sales
With twenty years of experience North American financial services marketplace, Tim is a proven leader with extensive knowledge of the financial services industry.

In his new role Tim will manage a rapidly expanding sales team and is responsible for the execution of Ticoon’s growth strategy.

“Tim has 20 years of experience working in the financial services sector, during which he has built an exceptionally successful background with proven results.” notes Ticoon Technology President and CEO, Rick Hyde. “Tim’s considerable experience is a perfect match for our wealth management offerings, I am more than confident in his abilities to increase our current user base of 30,000.”

“I am thrilled to be joining the Ticoon team at such an exciting juncture in the company’s evolution” said Wesseling. “The Ticoon web-based platform provides the financial services community with a unique edge in understanding and managing the client experience.”

Prior to joining the Ticoon team, Tim spent seven years with Thomson Reuters where he managed sales efforts across both the corporate and financial services channels. Throughout his career, Tim has held senior sales management positions with both Star Data Systems and CGI which focused exclusively on the financial services industry.

Patrick De Angelis – Vice President, Delivery
Patrick brings more than 11 years of project delivery experience in information technology within the financial services sector.

As Vice President of Delivery, Patrick’s role st Ticoon is to lead the company’s service operations with a focus on quality, consistency and timely delivery to clients.

“Patrick has the skill set required to manage and deliver the high quality, complex functionality our clients demand.” said Rick Hyde, President and CEO. “I have complete confidence in Patrick’s ability to help this organization surpass our clients expectations for product and service delivery.” concluded Rick.

“I looking forward to building lasting relationships with our clients and helping to manage Ticoon’s highly energized and results focused team. We are delivering an incredible amount of quality functionality this year and beyond, I’m excited to be a part that.“ said De Angelis.

Prior to joining the Ticoon team, Patrick headed the Corporate PMO at Maple Leaf Foods. Patrick has also served as Vice President of PMO & Delivery at Filogix where he was responsible for the implementation and management of a Project Management Office and the delivery of all projects to its clients, which included all major Canadian Banks.

Mike Donati – Vice President, Product
Mike brings over 20 years of executive experience in the financial services and insurance technology sector as a specialist in enterprise application development, technology consulting, client and partner relationship management, sales, marketing and business development.

In his new role Mike will be responsible for the overall strategy and development of Ticoon’s wealth management products and data.

“Our development team has worked incredibly hard to deliver a solid, feature rich web-based wealth management platform.” said Rick Hyde, President and CEO. “Mike Donati is a key addition to our product team, we are excited to leverage his leadership and experience to drive our product into new market segments.” concluded Rick.

Mike Donati commented: “Ticoon’s expected growth in the balance of this year and on into 2012 make this an exciting opportunity for myself and the company as a whole. I look forward to joining the Ticoon team and being involved with an organization of this caliber.”

Prior to joining Ticoon, Mike served as SVP Operations for SunGard’s Enterprise Incentive Management business unit. Mike was also a founder of DSPA Software which specialized in global insurance commission solutions and was instrumental in growing the company to an international client base before an acquisition by SunGard.

Gil Quesnelle – Strategic Account Manager, Insurance
Gil brings to Ticoon, over 17 years of experience in the insurance industry with an advantageous background of working in both the client and vendor segments of the insurance market.

11 years of Gil’s experience has been in the distribution management insurance space, implementing and selling commission and web agency systems for use by Insurance Carriers, MGA’s & Brokers and Dealers.

In his new role Gil will be responsible for building new client relationships within Ticoon’s insurance channel.

“Gil is a knowledgable and proven performer in the insurance space.” said Tim Wesseling, Vice President of Sales. “We feel Gil is a key addition to our team and will help Ticoon further introduce our robust insurance functionality to MGA’s ” concluded Tim.

Gil Quesnelle commented. “Ticoon is the sole company in the financial services industry that provides a cross segment view for advisors and their customers via a single web-based solution. We are truly a unique organization, I’m excited to be a joining Ticoon and participating in our growth.”

Prior to joining Ticoon, Gil served as Client Manager for SunGard’s Enterprise Incentive Management business unit, formally DSPA software. Gil managed various implementations through out North America during his 11 year tenure with SunGard/DSPA software.

For corporate information please visit http://ticoon.com

To learn more about the Ticoon solution please visit http://advisor.ticcon.com

If you have any questions regarding Ticoon’s web-based software please visit our community http://community.ticoon.com

About Ticoon Technology Inc.
Toronto based Ticoon Technology Inc. was founded in 1996 and is the pioneer and current market leader of web-based front office solutions offered in the Cloud for the financial services sector. Ticoon works with leading Canadian financial institutions to deliver consolidated wealth management solutions.

For further information please contact:
Colin Berkley – Manager, Marketing & Communications
Phone – 416.513.9524 x233


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