Eric Miles Joins Bi3 Solutions, Inc. as Chief Executive Officer; Company Also Announces Additions to its Advisory Board

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Bi3 Solutions, a software and software solutions company focused on the Evolution of Business Intelligence, today announced that veteran technology and software executive Eric Miles has joined the company as its Chief Executive Officer. The company also welcomes new Advisory Board members Bill Inmon (“The Father of Data Warehousing”), Gary Damiano (Host Analytics, Oracle & Siebel SaaS Marketing) and Eilish McCaffrey (entrepreneur & investor).

“I am excited about joining Bi3 Solutions and even more excited about the potential for their Virtual BI Center™ vertical solutions being the catalyst for moving Business Intelligence to the new frontier of Decision Intelligence.” says Eric Miles, CEO.

Bi3 Solutions, the company that is driving the evolution of Business Intelligence (BI) to its next level of Decision Intelligence (DI), today announced that veteran technology and software executive Eric Miles has joined the company as its Chief Executive Officer. Bi3 Solutions was recently selected by Forbes for its Top 20 list of “America’s Most Promising Companies”, and the addition of Mr. Miles to the executive team is a significant step towards delivering on the promise.

Mr. Miles has over 30 years experience producing technology innovation and business performance in world class enterprise software organizations. He comes to Bi3 Solutions from his role as President and CEO at AssetPoint, a privately held technology company that was acquired by Triton Pacific Capital Partners in 2008. Prior to AssetPoint he held the position of CEO of Entopia, Inc., a start-up company that invented and developed activity-based enterprise search.

At Sybase, Inc. he was Senior Vice President and General Manager of the Business Intelligence Division, which acquired and integrated three technology companies and grew to $25 million in 3 years. In his distinguished career he has served as Corporate Vice President and General Manager of the Open Systems Group at Amdahl Corporation, which escalated to $400 million in annual revenue, in addition to holding titles of President at Ingres, Vice President of Database Products at Informix and Senior Vice President, Technology and Communications at Bank of America.

His early career was at IBM where he progressed to Director of the Software Lab responsible for data management products including access methods, and the IMS and DB2 databases. Mr. Miles has a Bachelor of Science in Mathematics from Bowling Green State University in Ohio. He is a board member at E-Net Corporation.

Greg Hatfield, Co-founder and President of Bi3 Solutions, said “We are very excited about Eric joining us as CEO. He brings an extremely impressive background and a true passion for evolving Business Intelligence to the next level, which is exactly what our Virtual BI Center™ is all about. It is also another strong vote of confidence in what we are doing as a company and an important milestone achieved in our transition from a strategic Business Intelligence consulting and services provider to a software solutions provider. I am already greatly impressed with Eric’s contributions as he transitioned into the executive team seamlessly, hitting the ground running from day one.”

Thomas Groh, Co-founder and Chief Technology Officer of Bi3 Solutions, states “I am thrilled about having an accomplished industry veteran like Eric joining the leadership team because he shares our passion for innovation and has a deep knowledge of the Business Intelligence market. I am looking forward to working with Eric to establish Bi3 Solutions as a major force of evolution in the Business Intelligence market.”

“I am excited about joining Bi3 Solutions and even more excited about the potential for their Virtual BI Center™ vertical solutions being the catalyst for moving Business Intelligence to the new frontier of Decision Intelligence.” says Eric Miles. He continues “With my background in Business Intelligence at Sybase, unstructured content and personalized search at Entopia, and database products at Informix, Ingres and IBM, this is a natural evolution for me, just as the Virtual BI Center™ is a natural evolution for Business Intelligence.”

The company is also pleased to announce that Mr. Bill Inmon, universally recognized as the “Father of Data Warehousing”, has joined the company’s Advisory Board. Mr. Inmon has over 36 years of experience in database technology management, data warehouse design, Business Intelligence and Textual ETL and Analytics, and he is known globally for his seminars on developing data warehouses. He has been a keynote speaker for many major computing association and many industry conferences, seminars, and tradeshows. As an author, Bill has written more than 1,000 articles and over 50 books on a variety of topics about data warehousing, data management, Business Intelligence and Textual ETL and Analytics.

Also joining the Advisory Board are Software and Saas executive Mr. Gary Damiano, most recently Chief Marketing Officer at Host Analytics (also previously held senior SaaS marketing executive positions at Oracle and Siebel) and Ms. Eilish McCaffrey, a veteran entrepreneur and investor.

The company, its co-founders and it Board of Directors would like to welcome Eric, Bill, Gary and Eilish. Their addition is a significant development for the company, and another vote of confidence in its business model.

Bi3 Solutions is currently undertaking a private equity financing. To inquire about investment opportunities, please contact Eric Miles at (650) 632-4325.

About Bi3 Solutions
Bi3 Solutions, Inc. is evolving Business Intelligence (BI) to its next level of Decision Intelligence (DI) for mid-market organizations and enterprise business units with its industry vertical business solutions delivered via a SaaS platform. Bi3’s SaaS platform, the Virtual BI Center™ (VBIC) is the only integrated software platform that extends Business Intelligence to leverage structured operational and unstructured textual data with complex content and entity relationships, best-practice workflows, collaboration and a self-learning business knowledge base to go beyond just observation to promoting superior insight, decisions and action across the business eco-system. For more information, please visit the Bi3 Solutions Web site at http://www.bi3solutions.com.

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