As Record Growth Continues, MindTouch Appoints New CFO

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Revenue Tracking at 300% Growth For The Year, Company Adding 50 Positions in Coming Months

He has a proven track record with both growth and publicly traded companies. He has already demonstrated real value as we continue our rapid growth and expansion.

MindTouch, the company that transforms great work into strategic content, today announced the appointment of Byoung Lee as CFO. Amid another year of record growth for the company, Lee brings considerable experience to MindTouch and promises to be instrumental in the ongoing strategic direction of the company.

MindTouch is on track to triple revenues in 2010, demonstrating continued impressive growth since its previous record performance in 2009. MindTouch has also added hundreds of new customers including Booz Allen Hamilton, SAIC, Dachis Group, AutoDesk, Panasonic, HP, Trimble, Hydro Quebec, City of Boston, Comcast, Kaplan, Alcatel-Lucent, USITC, Valassis, and LPK. Also of note is the recent release of MindTouch 2010, the company’s first specialized tool-set for social documentation and strategic content, and a successful expansion into Europe with the opening of a London office and the first official international user and partner conference this week in London.

Mr. Lee brings over 15 years of extensive financial, strategic, and operational leadership from a diverse range of industries to MindTouch. Lee was a Partner and High-technology Practice Leader at Tatum, LLC, providing business assessments, strategies and solutions for clients across industries. In his capacity as CFO and in other executive roles at QLP, REMEC, and JMAR, Lee led presentations, negotiations, and closing of numerous strategic transactions. In addition, Lee formulated and executed many operational initiatives that produced measurable results, including efficiency/productivity improvements, cost/cash optimizations, and a business excellence program. Lee holds an MBA from the University of Redlands and a BS-Finance from San Diego State University.

“I’m thrilled to have Byoung with us at MindTouch,” said Aaron Fulkerson, CEO and co-founder of MindTouch. “He has a proven track record with both growth and publicly traded companies. He has already demonstrated real value as we continue our rapid growth and expansion. Moreover, he's a great guy to get a beer with.”

"MindTouch is clearly on the cutting edge of the collaboration space. I’m especially excited by the recent focus on web content authoring, publishing and curation in the context of user manuals and strategic content," said Byoung Lee, CFO of MindTouch. "I am very impressed with the favorable responses from the companies around the world to MindTouch products. There is lot of energy and passion here--It’s an exciting place to be."

The company also announced plans to add over 50 new positions, with an emphasis on product development, in the coming months to further accelerate growth. Lee will take an active role in guiding the company’s expansion strategy for staff, systems, and infrastructure.

For more information about careers at MindTouch, please visit: Job applicants are asked to demonstrate passion and authenticity when applying.

About MindTouch

MindTouch is built on the belief that enterprise software must be scalable, agile and extensible. Our product, MindTouch 2010, transforms the way organizations author, discover and curate strategic content to achieve measurable results with customers, partners and colleagues. Our open source project, MindTouch Core, is used by over 18 million people and is supported by one of world’s most active communities.


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Kevin LaHaise
Jones-Dilworth Inc.
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