Servigistics Appoints Chief Financial Officer

Service parts management leader hires veteran CFO as company growth continues to accelerate

ATLANTA – January 16, 2006 – Servigistics, the leading service parts management solution provider, announced today that it has appointed Allen Shulman as Chief Financial Officer. With more than 20 years as CFO of successful public and private companies across the software, technology, and logistics industries, Shulman brings substantial experience to the role. 

“Servigistics is pleased to welcome Allen to the team,” said Eric Hinkle, Servigistics CEO. “He adds tremendous capability to the organization as we work to scale the company for the next phase of growth.”

“Globalization and competitive pressures are forcing companies to differentiate themselves not only on product strengths, but on the quality of service,’’ said Allen Shulman, Servigistics CFO.  “The increasingly strategic nature of service is driving leading companies to search for technology solutions that can quickly and dramatically improve worldwide operations.  Servigistics has a stellar track record of delivering such success to a broad array of highly referenceable clients, and I am delighted to join the team.”
 
About Servigistics
Servigistics is the leading provider of service parts management and pricing solutions, and enables companies to transform their global service operations by dramatically increasing profitability, cash flow, and customer loyalty.  Servigistics solutions have been deployed and proven globally by market-leading companies across industries in high technology, aerospace, automotive, telecommunications, medical equipment, consumer durables, and heavy industrial.  Servigistics clients are 100% referenceable, and include companies such as Agfa, Avaya, CNT, DaimlerChrysler, Dainippon Screen, Dell, EMC, Ferrari, GM, Hamilton-Sundstrand, Honeywell, Hyundai, IKON Office Solutions, InFocus, Kia, Maytag, Mazda, Mitsubishi, Motorola, MTD, NACCO Materials Handling Group, Inc. (NMHG), Nihon Unisys, Saab, StorageTek, Subaru, Sun Microsystems, Suzuki, Synstar, Toshiba, Toyota, the United States Postal Service, Volvo, and VW.  Servigistics is a privately-held company headquartered in Atlanta, with regional headquarters in London and Tokyo and sales and service professionals around the world.  Please contact Servigistics at 1-888-942-8623 or +1-770-565-2340, via e-mail at info@servigistics.com or at www.servigistics.com.


CONTACT

Valerie Meadows
Servigistics
+1-404-933-9296
vmeadows@servigistics.com