Appointment of Non-Executive Director
27 Aprile 2009 - 8:00AM
UK Regulatory
TIDMCRW
RNS Number : 1771R
Craneware plc
27 April 2009
Craneware plc
("Craneware" or the "Company")
Appointment of Non-executive Director
27 April 2009 - Craneware plc, (AIM: CRW.L), a leader in financial improvement
software solutions for the US healthcare market, is pleased to announce the
appointment of Mr. Ron Verni as Non-executive Director with immediate effect.
Mr. Verni, aged 60, was most recently CEO of Corrigo, Inc., a leading Software
as a Service (SAAS) company focused on the service sector. Prior to this he was
President & CEO of Sage Software, Inc, and a member of the Board of Directors of
the Sage Group, plc. Under his leadership, the company grew from less than $160
million in revenue to over $1 billion, from under 1,000 employees to over 5,000,
and from 1 million business customers to over 2.5 million. During his time with
Sage he also engineered over 20 acquisitions and oversaw their successful
integration into the company.
Ron Verni, Non-Executive Director of Craneware commented, "With US healthcare
institutions coming under increasing fiscal and legislative pressure, the
potential for Craneware's financial improvement software solutions appears to be
considerable. I am delighted to be joining Keith and the team and believe the
Company has an exciting future ahead."
Keith Neilson, CEO of Craneware commented, "We are delighted to welcome Ron onto
the Board of Craneware. His experience in running highly successfully
international software companies will be invaluable to us as we seek to
capitalise on our strong position in the US healthcare market. Now in our tenth
year of operation, with over $50m of future revenues under contract, we believe
our opportunity to be significant and will welcome Ron's guidance as we continue
our development."
Mr. Verni is currently a director of ILumen, Inc. He has previously been a
Director of Sage Group plc until October 2007 and Corrigo, Inc until July 2008.
There are no other disclosures required by paragraph (g) of Schedule 2 to the
AIM Rules.
For further information, please contact:
+----------------------+--------------------+--------------------+
| Craneware plc | KBC Peel Hunt | ICIS |
+----------------------+--------------------+--------------------+
| +44 (0)1506 407 666 | +44 (0)20 7418 | +44 (0)20 7651 |
| | 8900 | 8688 |
+----------------------+--------------------+--------------------+
| Keith Neilson, CEO | Jonathan Marren | Caroline |
| | | Evans-Jones |
+----------------------+--------------------+--------------------+
| Craig Preston, CFO | Richard Kauffer | Mike Smith |
+----------------------+--------------------+--------------------+
About Craneware
Founded in 1999, Craneware has headquarters in Livingston, Scotland, with
offices in Florida, Arizona and Kansas, employing over 100 staff. Craneware is a
recognised leader of solutions that improve the financial performance of US
healthcare organisations. Craneware partners with healthcare organisations to
improve returns, increase productivity and manage risk, driving better financial
and operational performance using market-driven revenue management solutions. By
enhancing revenue capture processes, Craneware solutions allow those
organisations to optimise reimbursement, improve operational efficiency, and
support compliance.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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