CARY, NC--(Marketwire - November 1, 2010) - Coventor, Inc. (www.coventor.com), the leading supplier of software for developing micro-electromechanical systems (MEMS), today announced that it has named Tom Flynn to the position of vice president, sales and business development. Flynn will oversee the company's continued growth into new markets and application areas as it builds on its MEMS for the Mainstream strategy to enable the proliferation of more MEMS-enabled electronic products.
Flynn joins Coventor following a 19-year career with Ansoft, Inc., where he helped lead the company's transformation from a supplier of electromagnetic software to the market leader in simulation software for high performance electronic design. For the last ten years he served as that company's vice president of sales and oversaw compound annual revenue growth of 16% in that period, to $108 million in 2009, and contributed to an increase in market capitalization from $50 million to $832 million. He played a key role in opening the Asia market for Ansoft, growing it to represent 45% of total revenue contribution, and was a top executive during the company's initial public offering. Prior to joining Ansoft, Flynn worked in various sales roles for Gould Electronics, GenRad, and IBM. He received his Bachelor's of Science in Electrical Engineering from the University of Massachusetts with a concentration in Microwave Engineering and Computer Aided Design.
In his new role he will manage Coventor's global sales and field support operations from the company's Silicon Valley office.
"The MEMS industry is at a pivotal point as more product developers look to the potential of MEMS to differentiate their products and enable new innovations. This requires fundamental changes in how MEMS are developed and Coventor is well positioned to address the significant growth opportunities that exist. Tom is a proven sales and business development executive with experience in similar market transformations. As he demonstrated with Ansoft in driving its global expansion, he will be an integral part of our growth strategy," said Mike Jamiolkowski, CEO of Coventor. "His experience, business relationships, and team building skills will all be valuable assets as we take Coventor to the next level of market penetration worldwide."
Coventor just released the newest version of its MEMS+ product suite, which anchors the company's strategy for bringing MEMS to the mainstream. The strategy focuses on removing the traditional barriers to developing and integrating MEMS -- time, cost, complexity -- particularly for traditional IC designers not familiar with the nuances of MEMS.
About Coventor
Coventor, Inc. is a market leader in automated 3D design solutions for micro-electromechanical systems (MEMS) and semiconductor process development. Its software tool suites and expertise in MEMS design address the challenges of integrating these devices into the growing number of products -- from smart phones to gaming systems to automobiles -- that are adopting MEMS-enabled capabilities. Coventor's MEMS+™ design platform works seamlessly with popular electronic design automation (EDA) flows and tools, reducing the complexity and risk of implementing MEMS + IC design. The company is headquartered in Cary, North Carolina and has offices in San Mateo, Calif., Cambridge, Mass, and Paris. More information is available at http://www.coventor.com.
Contact Information:
For more information, contact:
Mike Sottak
+1 408-876-4418