Recombo Appoints Blair Simonite as Chief Financial Officer

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Experienced Financial and Operations Management Leader Strengthens Recombo Executive Team

Agreement Express by Recombo

We are thrilled to have someone of Blair’s caliber join the organization to drive the expansion of Recombo even further. Mike Gardner, Recombo CEO

Recombo Inc., the global leader in Contract Management Software, today announced the appointment of Blair Simonite as Chief Financial Officer. Simonite is responsible for directing all financial matters as well as short and long-term financial and operational strategy execution for Recombo.

Simonite joined Recombo from ACL Services Ltd., the global leader for analytics software for audit, where he was Vice President, Finance and Operations. During his 10 year tenure he built the robust organizational infrastructure and capabilities required to support the growth of the global audit business. Prior to ACL Simonite was a key player with leading global organizations Honeywell and Duke Energy, as well as with a range of successful small and mid-sized firms. With over 25 years in financial and operational management, he has been instrumental in implementing rigorous financial and operational processes as well as corporate governance and compliance for technology firms.

"We are thrilled to have someone of Blair’s caliber join the organization to drive the expansion of Recombo even further," said Recombo CEO, Mike Gardner. "Blair is a long-standing member of our Board of Directors and we believe Blair’s broad range of operational and financial management experience as Chief Financial Officer will prove invaluable for Recombo’s continued success and will help us accelerate growth and develop new opportunities. I am very pleased to welcome him to the Recombo team."

"I am extremely pleased to be joining Recombo," said Mr. Simonite. "Recombo has world-leading technology in a market space that offers tremendous growth potential. The Recombo team is an extremely talented, energetic and focused group and I look forward to working with them to build upon the strong foundation that has been established to date."

Simonite is an active leader in the BC Technology community, and is a board member and advisor to several early stage software and clean-tech companies. In 2010, he was appointed to the board of governors for Capilano University. Simonite is also a partner and board member of BC Social Venture Partners, a philanthropic group of business executives that offer funding and expertise to grow the capacity of charitable organizations in Vancouver, BC.

About Recombo

Recombo is a global leader in contract management software that helps organizations streamline business processes, improve productivity, and reduce operational costs by 75% annually by automating their contract workflows. Agreement Express by Recombo is a paperless contract management platform that materially increases operating margins within days by replacing paper-intensive business processes. Agreement Express is revitalizing the contract management software market with technology that is powerful, affordable and rapid to implement. Agreement Express is built around a document management system that enables users to efficiently manage contracts as they flow through each step of the contract approvals cycle, from contract creation, distribution, signing, error-checking, and monitoring through to storing and retrieving. A robust set of built-in workflow automation features enables organizations to rapidly automate even the most complex paper-process. Agreement Express can automate all types of processes that require a number of forms to be completed and various internal and external signatories to sign & approve, in applications such as insurance, wealth management, debt settlement and merchant card service application forms, employee on-boarding, and equipment lease agreements. Agreement Express’ flexible integration engine enables contract data and completed contracts to be exported and imported to and from any internal or external back-office systems including CRM and websites. Customers include Deloitte, Questrade, Billing Tree, HUB International, M&T Bank. For more information, please visit http://www.recombo.com/

Agreement Express is a registered trademark of Recombo Inc. All rights reserved.

For further information, contact:

Melanie Aizer
Tel: 604 699 3038
E-mail: maizer(at)recombo(dot)com

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Melanie Aizer
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