Engineous Software Appoints Vice President to Lead Company's Marketing Efforts; Charles Kennedy Joins Team After Recent Funding Acquired to Strengthen Market Presence

26 October 2000

Engineous Software Appoints Vice President to Lead Company's Marketing Efforts; Charles Kennedy Joins Team After Recent Funding Acquired to Strengthen Market Presence

    MORRISVILLE, N.C.--Oct. 26, 2000--Engineous Software, a leading provider of accelerated design improvement software and services, today announced the appointment of Charles "Ted" Kennedy as vice president of marketing.
    Reporting to CEO and president Dennis Nagy, Kennedy will oversee all aspects of the company's marketing efforts, including public relations, strategic partnerships and product marketing.
    Kennedy joins Engineous with over 20 years corporate marketing experience in the software industry. Most recently, he served as vice president of business development at Tangram Enterprise Solutions, where he also worked as vice president of strategic alliances and vice president of marketing. While at Tangram, Kennedy was instrumental in positioning the company in new markets and in launching a new product initiative. Kennedy has also held marketing and technical management positions at Bell & Howell Mail Processing Systems, Digital Equipment Corporation and Data General Corporation.
    "Ted's extensive experience in launching products in new markets will be an invaluable asset to Engineous as we focus our recent round of funding on expanding our current customer base and introducing the company to new industries," said Nagy.
    "Engineous' iSIGHT software and consulting services are changing the way companies design products," said Kennedy. "I look forward to working with this outstanding management team to expand the use of this product and to illustrate to more companies how we can help them design better products faster and more efficiently."

    ABOUT ENGINEOUS SOFTWARE

    Engineous Software, Inc. is a provider of computer-aided engineering design improvement solutions and services. The company's flagship product, iSIGHT, integrates, automates and improves the design process, enabling organizations to explore more design alternatives in less time using their existing engineering design tools. As a result, iSIGHT helps organizations reduce production costs, decrease time-to-market and create innovative design alternatives.
    Engineous' customers include leading Fortune 500 companies and major government and educational institutions, such as DaimlerChrysler, General Electric, Ford Motor Company, UTC/Pratt & Whitney, Rolls-Royce, NASA and Utah State University. Investors in the privately held company include Idanta Partners, Noro-Moseley Partners and Wachovia Capital Associates. Founded in 1996, Engineous operates numerous sales offices in the US, as well as wholly owned subsidiaries in Japan, Europe and Korea. For more information on Engineous and its products and services, visit www.engineous.com.