Unitech Systems poised for revenue growth in 2005; New leadership team set to bring next generation products to the marketplace

Author: Mendoza College

May 11, 2005--Unitech Systems, Inc., the leading provider of automated information control solutions, today announces the completion of selecting its Senior Leadership Team. During the past two years, Unitech Systems has been recruiting talented team members to support its efforts to position itself for new growth in 2005 and beyond. That time has now arrived with the formation of the Company's new leadership team, and the anticipated rollout of new products in 2005.

"The members of the leadership team we have assembled are now working together to leverage Unitech Systems existing technology - which has been used in hundreds of top financial, insurance, telecommunications, and retail organizations for more than 20 years - into new, industry leading, next generation products that will continue to give our customers a distinct advantage in today's increasingly complex, compliance driven marketplace," said Madhavan Nayar, Company Leader of Unitech Systems.

The Unitech Systems Senior Leadership team is comprised of the following Leaders:

Madhavan Nayar, Company Leader, founded Unitech Systems in 1982. He has bachelor of science degrees in physics and electrical engineering, a master's degree in industrial engineering, and has completed graduate work toward a Ph.D. in operations research. He is also an alumnus of the Harvard Business School, having completed the Owner President Management program in 2000.

Maureen Polte, Group Leader, Product Development, holds responsibility for defining the products that Unitech Systems offers, and providing continued support for all Unitech Systems solution initiatives. Maureen joined the Unitech Systems Leadership Group in 2002. Prior to Unitech Systems, she served as the Vice President for Development at Cyborg Systems, and as a Manager for QA testing and Configuration Management at Applied Communications. She earned a bachelor of science degree in actuarial science from the University of Illinois.

Dan Sollis, Group Leader, Customer Development, holds responsibility for customer acquisition and support activities to ensure long-term customer satisfaction and retention. Dan joined the Unitech Systems Leadership Group in 2003. Before Unitech Systems, he was a Senior Vice President for Sanchez Computer Associates, and a General Manager for Digital Equipment of Canada. He received a bachelor of arts degree in economics from the University of Victoria, and an M.B.A. in finance from the University of British Columbia.

Ed Gourley, Group Leader Asset Management, is responsible for the support of accounting and finance, contract services, network services, team development, and office services. Ed joined the Unitech Systems Leadership Group in 2003. Before Unitech Systems, Ed served as the Chief Financial Officer for Visiontek, L.L.C., and also worked for Comark, Fel-Pro, Coopers and Lybrand, and Ernst and Whinney. Ed holds a bachelor of science degree from Purdue University, and an M.B.A. from the University of Notre Dame.

Corey Ferengul , Group Leader, Market Development, is responsible for the development and execution of strategic and operational marketing programs. Corey joined Unitech Systems in 2004 with extensive experience in enterprise software marketing. Before joining Unitech Systems, Corey was Senior Vice President and Director for the META Group. For more than five years, he was recognized as a leading IT industry analyst with responsibilities ranging from tracking key technology topics through marketing consulting. Corey also served as Director of Product Integration for Platinum Technology, aiding product and acquisition strategy. He received a bachelor of science degree in marketing from Illinois State University.

In addition to new leadership and product launch activities in 2005; Unitech Systems is also focusing its growth in its international markets. In doing so, Dan Dopp has been charged with leading the International Customer Development Unit. As the Managing Director, International Operations, Dan is responsible for customer acquisition and support activities that ensure long-term customer satisfaction and retention in France, Germany, The Netherlands, Sweden, and the UK, as well as supporting Unitech affiliates in South America, Australia and Italy. Dan is a seasoned Unitech team member and joined Unitech Systems in 1997, and has held various positions within the company including Customer Unit Leader, Retail, Distribution, Manufacturing, Inside Sales, and Financial Services. Prior to Unitech Systems, he held positions at Zurich American Insurance, Sun Guard Investment Systems, and The Northern Trust Company. Dan earned his bachelors degree in finance from Illinois State University, and a master's degree in business administration from DePaul University. Dan will reside in the U.K. and will be supported by Dan Sollis, Group Leader, Customer Development.