Scottsdale, Arizona 5/14/2008 9:08:00 AM
News / Finance

QualityStocks.net News – Simtrol Inc. (SMRL.OB) Appoints Seasoned CEO, President and Member of Board of Directors – 5/13/08

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We would like to highlight Simtrol Inc. (OTCBB: SMRL). The company is an innovative developer of software that manages controllable devices such as display monitors, video cameras, and medical equipment for diverse markets such as digital signage, security and surveillance, and healthcare. Functioning as an enterprise-class “Universal Remote Control” for the $42 billion market for controllable devices, Simtrol’s Device Manager™ (DM) software enables unlimited users to easily control unlimited devices via configurable user interfaces that run on commodity touchpanels, PC monitors, and PDAs.

 

In the Company’s news yesterday,

 

Simtrol Inc. (OTCBB: SMRL) announced Oliver M. Cooper III as the company’s President and Chief Executive Officer, effective immediately. As part of his upcoming responsibilities, Cooper will also be appointed to the company’s board of directors.

 

“I am very excited about joining the Simtrol team and see great potential for this company,” Cooper stated in the press release. “Simtrol’s device management solution addresses what promises to be a multi-billion dollar market. My main focus will be to ensure that the right resources and strategies are in place to accelerate value creation for our shareholders, customers and employees. I will take aggressive action to move Simtrol forward.”

 

With more than 25 years of experience managing high-growth technology companies, Cooper formerly served as Chief Operating Officer for Manhattan Associates Inc. (Nasdaq: MANH). Cooper launched Manhattan’s IPO and achieved sales growth from $14 million to $82 million, while also increasing the company’s workforce from 180 to 670 employees.

 

He also served as President and Chief Operating Officer of Neovest Inc. until its acquisition by JP Morgan (NYSE: JPM); President and Chief Executive Officer of MARC Global Holdings Inc.; and held senior level management positions in operations, sales and business development for numerous Fortune 500 companies.

 

“The addition of Oliver Cooper to our management team is a significant corporate development. Oliver is a proven winner and an experienced senior executive with a strong track record of growing enterprise software business with equal attention to profitability and customer satisfaction,” Chairman Dallas Clement stated. “He is the right guy to lead the company to the next level. His success in managing high growth software companies, effectiveness in building teams, and experience in mergers and acquisitions will be instrumental in positioning Simtrol to maximize shareholder value.”

 

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