CALGARY, Nov. 2 /CNW/ - WellPoint Systems Inc., ("WellPoint" or the "Company") (TSX-V:WPS), a premier provider of enterprise applications and related services for managing business in the global energy sector, today announced that Neil N. Carpenter has joined the company as Senior Vice President of Worldwide Sales, effective November 2, 2009. He will oversee all worldwide sales activities for the company's product lines, including WellPoint's Dynamics AX energy suite, BOLO by WellPoint, and IDEAS by WellPoint. In addition, he will be responsible for working closely with channel partners to expand the Company's presence globally within the Dynamics AX community.
"I am excited to have Neil join our team to lead our solution sales efforts," said WellPoint Systems president and CEO, Richard Slack. "Neil has significant expertise in building high performance sales organizations within software and solutions companies in the energy sector and, as a result, I am confident that he will play a key role in expanding our market presence and sales success, globally."
Mr. Carpenter is a proven sales executive with a history of success in consultative solution selling, strategic and global account management, and as a sales leader/coach. He has worked in senior sales leadership roles for a variety of software and solutions organizations, including Rockwell Automation, Invensys PLC, and Aspen Technology, Inc. As VP of Sales for Aspen Technology, Mr. Carpenter was responsible for helping to grow the Company's software revenue from approximately $20 million to over $100 million through sales to international oil and gas customers. Mr. Carpenter has a Bachelor of Science degree in Mechanical Engineering from University of Wisconsin, Madison and an MBA degree in Marketing & General Management from the University of St. Thomas, in Houston, TX.
"WellPoint Systems has developed a great product line of efficient, integrated and scalable enterprise solutions for energy companies, worldwide. I am happy to join a great team of talented individuals and look forward to taking the organization to the next level." said Mr. Carpenter. "In talking with Rick and his management team, I am truly excited about their visionary roadmap for the future and look forward to being a part of the team that brings the next generation of software solutions to the energy industry."
WellPoint also announced that the Company's board of directors has authorized the grant of 1,862,000 stock options for employees of the Company including 400,000 stock options to Mr. Carpenter. The options vest over a three-year period and expire five years from the date of issue. Each option entitles the holder to purchase one common share of the corporation at a price of $0.23.
About WellPoint Systems Inc.
WellPoint provides premier software and related services for managing critical operations within the energy industry. As a Microsoft Gold Certified Partner since 2005, WellPoint is the only Independent Software Vendor (ISV) and Microsoft Dynamics partner dedicated to the energy sector. It is breaking new ground with the creation of a more comprehensive, integrated energy software suite based on existing Microsoft ERP technology that utilizes state-of-the-art Dynamics AX(R) and .NET architectures. WellPoint also provides software and services under the BOLO, IDEAS International and AX EAM brands.
Founded in 1997, Calgary-based WellPoint Systems also has major operations in Denver, CO, Houston, TX, Livingston, NJ, Tampa, FL, Tunis, Tunisia and Pretoria, South Africa. WellPoint is publicly traded on the TSX Venture Exchange under the symbol WPS.
This document contains forward-looking statements. Some forward looking statements may be identified by words like "expects", "anticipates", "plans", "intends", "indicates" or similar expressions. The statements are not a guarantee of future performance and are inherently subject to risks and uncertainties. The Company's actual results could differ materially from those currently anticipated due to a number of factors, including, but not limited to, successful integration of structural changes, including restructuring plans, acquisitions, technical or manufacturing or distribution issues, the competitive environment for the Company's products, the degree of market penetration of the Company's products, and other factors set forth in reports and other documents filed by the Company with Canadian securities regulatory authorities from time to time.
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