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Autonomy Introduces New Chief Financial Officer
CAMBRIDGE, England - Autonomy Corporation plc (EASDAQ: AUTN) announced today that it has appointed Ralph Harms as its new Chief Financial Officer with immediate effect. Mr Harms joins from Flycast Communications Corporation (NASDAQ: FCST), a leading direct response Internet advertising network, where he held the role of Chief Financial Officer. Mr Harms brings over 20 years of finance and management experience to Autonomy having spent the last nine years in the Chief Financial Officer role at several technology companies, including Baystone Software, dpiX (a Xerox New Enterprise Company), ESS Technology (NASDAQ: ESST) and SEEQ (NASDAQ: SEEQ).
Mr Harms has successfully managed two Nasdaq initial public offerings (IPOs), including the $75 million IPO of Flycast and the $120 million IPO of ESS. Mr Harms has also held finance and management positions at Philips Semiconductor, Intel, Rockwell International and Xerox. Mr Harms received his BSSE in Electrical Engineering and Computer Science from Michigan State University and his MBA in Finance and Accounting from the University of Michigan.
Mr. Harms replaces Jonathan Spira who continues to serve Autonomy in an advisory capacity to ensure an orderly hand-over of his responsibilities to Mr Harms.
Mike Lynch, Managing Director and CEO of Autonomy, commented: "Ralph is joining us at a point in time where a solid basis for Autonomy's further growth has been laid. Ralph brings with him a wealth of finance, investor relations and management experience in the US technology industry and is a valuable addition to the management team."
Ralph Harms, Autonomy's new Chief Financial Officer, commented: "I am very excited about joining one of the world's fastest-growing Internet technology companies. The foundations for long-term growth have been laid, I look forward to utlising my experience to help manage and drive this impressive growth."
About Autonomy
Autonomy's technology powers large-scale, personalized systems for knowledge management, enterprise portals, new media publishing and electronic commerce. Because of its ability to analyze any piece of text (independent of the document's language) and identify and rank the main ideas, Autonomy can automate a broad range of otherwise labor intensive tasks. These range from categorizing information by subject matter, to inserting hypertext links to related material, to profiling users based on the ideas in the text they read or write, to delivering information to those most likely to be interested.
Autonomy (EASDAQ:AUTN) was founded in 1996 and has offices in San Francisco, New York, Washington DC and Boston, in the United States as well as in Cambridge, England, Belgium, France, Germany, Italy, the Netherlands and Norway. Among its 150-plus customers are Alcatel, Associated Press, Barclays Bank, British Aerospace, Clorox, News Corp., Procter & Gamble, Lucent Technologies, Merrill Lynch, SF Gate, Semi-tech, The Royal Mail, Unilever, and the United States Department of Defense. In addition, several software companies are licensing Autonomy's technology to add intelligence to their online publishing, knowledge management, email routing and document management applications, including CoreChange, Hyperwave, FutureTense, Intraspect, Verge, Aeneid, Global Recall, Insight and Nexor. On July 10, 1998, the company went public on the EASDAQ exchange.
| For further information, please contact: |
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Dominic Johnson, Marketing Director Autonomy Corporation plc Tel: 01223 421 220 Alastair Hetherington / Edward Bridges Financial Dynamics Tel: 0171 831 3113 |
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