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Maxager Expands Worldwide Presence to Better Serve Global Customers
KPMG Veteran Joins Taipei Office; Frankfurt Office Opened to Meet Growing European Demand
| Source: Maxager
SAN FRANCISCO, CA -- (MARKET WIRE) -- March 20, 2007 -- Maxager Technology, the original provider
of velocity-driven enterprise profit optimization solutions, today
announced expansion of its worldwide presence with the addition of Dr.
David Wu as Vice President of Business Development and the opening of its
latest office in Frankfurt.
Leveraging his 15+ years in management consulting, Dr. Wu will be based out
of Taipei and will be charged with helping grow Maxager's Asia presence.
Prior to joining Maxager, Dr. Wu was with Proudfoot Consulting as Vice
President Greater China and also held the position of Vice President of
KPMG Taiwan where he was responsible for their consulting business.
"We are very excited for David Wu to join the Maxager team and help support
our expansion efforts in Asia," said Gordon Chen, President Asia. "His
extensive technology and business expertise will ensure that our customers
are getting the most out of their Maxager solution."
On related expansion news, Maxager opened the doors to its Frankfurt office
to provide its rapidly growing European customer base with additional local
support.
"With greater data availability and increased adoption of the Maxager's
Profit Velocity® approach, we needed to provide local support for those
customers," said Oliver Braun, Vice President Europe. "As Maxager continues
to gain momentum throughout Europe, we will open additional offices as
needed."
About Maxager Technology
Founded in 1996, Maxager's patented enterprise profit optimization (EPO)
solutions help leading chemicals, metals, electronics and other complex
manufacturers such as Dow Chemical Company, Owens-Illinois, Siliconware
Precision Industries and WCI Steel increase cash and profit worth 3-5% of
revenue. Uncovering profit gain opportunities that are obscured by
traditional "margin only" analysis, Maxager uses both margin and production
velocity information to analyze history and generate realistic forward
modeling that provides management teams an entirely new level of control
over Return on Assets (ROA) -- the key driver of shareholder value.
Ideal for manufacturers with a wide range of products, customers and
assets, Maxager's unique technology calculates precisely how fast each
product, customer, or market generates cash and profit from the assets,
allowing managers to truly optimize product mix & customer mix
profitability, sales & profit planning, strategic pricing, and production
planning. New customers typically begin reaping benefits within 60 days.
Maxager is headquartered near San Francisco with offices in Europe and
Asia. For more information, visit www.maxager.com or call +1.888.MAXAGER.
©2007 Maxager Technology. All rights reserved. Maxager is a registered
trademark of Maxager Technology, Inc. All other trademarks are the sole
property of their respective owners.