Autonomy Appoints Ralph Harms Chief Financial Officer
San Francisco, CA (February 10, 2000) - Autonomy, Inc. announced today that it has appointed Ralph Harms as its new chief financial officer. Harms joins the company from Flycast Communications Corporation (NASDAQ: FCST), a leading direct response Internet advertising network, where he was chief financial officer. Harms brings over 20 years of finance and management experience to Autonomy. He spent the last nine years as chief financial officer at several technology companies, including Baystone Software, dpiX (a Xerox New Enterprise Company), ESS Technology (NASDAQ: ESST) and SEEQ (NASDAQ: SEEQ).
Harms has successfully managed two Nasdaq initial public offerings (IPOs), including the $75 million IPO of Flycast and the $120 million IPO of ESS Technology. He has also held finance and management positions at Philips Semiconductor, Intel, Rockwell International and Xerox. Harms received his M.B.A. in Finance and Accounting from the University of Michigan and a degree in Electrical Engineering and Computer Science from Michigan State University.
According to Mike Lynch, CEO of Autonomy, Harms brings a wealth of experience in technology finance, investor relations and management to Autonomy. "Ralph is a valuable addition to the company's management team and is joining us at a point in time where a solid basis for Autonomy's further growth has been laid," said Lynch.
"I am very excited about joining one of the world's fastest-growing Internet technology companies," said Harms. "The foundations for long-term growth have been laid, I look forward to utilizing my experience to help manage and drive this impressive growth."
Harms replaces Jonathan Spira who continues to serve Autonomy in an advisory capacity.
About Autonomy, Inc.
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, D.C. and Boston, in the United States as well as in Cambridge, England, Belgium, France, Germany, Italy, the Netherlands and Norway. Among its 200-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 OpenMarket, Aeneid, CoreChange, Delano, FutureTense, Hyperwave, Insight, Intraspect, KnowledgeTrack, Global Recall, Nexor, Sagemaker, Sybase and Verge.
On July 10, 1998, the company went public on the EASDAQ exchange.
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