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For Immediate Release
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Dyadem Appoints Two Seasoned Industry Leaders to Executive Team
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| Sam Zawaideh will serve as Chief Product Officer, and Andrew Shannon is appointed Chief Financial Officer |
TORONTO - October 3, 2007 - Dyadem, the leader in Quality Lifecycle Management and Process Risk Management solutions today announced the appointment of two seasoned veterans to drive its growing business and accelerate its solution capability and delivery. Sam Zawaideh joins the team as Chief Product Officer and Andrew Shannon will serve as Chief Financial Officer/Chief Operating Officer.
Together Zawaideh and Shannon bring more than 35 years of management experience to Dyadem, which provides solutions to over 85 percent of the Fortune 500 companies. Zawaideh and Shannon will be responsible for continuing to drive the company's tremendous revenue growth, and contribute to the strategic development of its innovative product line and driving customer success.
"We're growing very quickly and the addition of Sam and Andrew to our executive management marks an important milestone in our company history," said Kevin North, president and CEO of Dyadem. "At this stage, our number one goal is to drive Dyadem into the next phase of growth. We are lucky to find these two individuals who are so accomplished in understanding enterprise solutions and the needs of some of the world's biggest enterprises. I am confident that both Sam and Andrew will be instrumental as we continue to grow Dyadem by double digits each year."
A seasoned executive in the product lifecycle management space, Zawaideh comes to the company with 20 years of hands-on senior leadership. Zawaideh will be responsible for all of Dyadem's products and services offerings, spanning its desktop and enterprise solutions for process and discrete manufacturing, and will manage product development, product strategy and technology, professional services and customer support. Zawaideh has advised some of the world's largest global manufacturers on their product innovation initiatives and complicated supply chains, including experience in the Far East and EMEA regions. As senior vice president of product and solutions and customer support at Matrix One, Zawaideh was responsible for creating the MatrixOne portfolio of applications and industry solutions which helped drive the establishment of MatrixOne as the largest pure play in the Product Lifecycle Management (PLM) market and drive its growth as a global company with $145M in revenue. He also founded Matrix One's professional services and support organization, growing it to a $60M business. Zawaideh served as vice president of worldwide solutions after Dassault Systems' acquisition of Matrix One in 2006. Zawaideh started his career at Johnson Controls and holds an advanced degree in engineering.
As Chief Financial Officer/Chief Operating Officer, Shannon will be responsible for functions relating to finance, internal and external operations, IT, human resources and administration. A seasoned senior level financial executive, Shannon began his career at Ernst & Young as a corporate tax manager, before moving to SAS Institute (Canada) Inc. where he continued to increase his financial responsibilities in the areas of tax and financial analysis. Shannon has since held senior level financial positions at companies such as New Horizon Systems Solutions and EDS Canada, where he served as Financial Controller and Acting CFO. Shannon is a Chartered Accountant of Ontario and holds an Honors Bachelor of Commerce Degree from Laurentian University.
These appointments come on the heels of great momentum that Dyadem has experienced in recent months. In June, the company announced Stature, a first-of-its-kind Quality Lifecycle Management enterprise software solution that helps manufacturers increase competitive advantage by managing quality throughout the lifecycle of a product. Stature provides a real-time platform to automate quality processes across large enterprise teams and reduces the cost of poor quality.
About Dyadem
Founded in 1993, Dyadem is the market leader in Quality Lifecycle Management and Risk Lifecycle Management solutions. Dyadem provides software and services that empower companies to manage quality, mitigate risks, achieve regulatory compliance, plan for business continuity and improve profitability. Dyadem works with 85% of the Fortune 500 companies and serves the high tech & electronics, medical devices, oil and gas, chemical, automotive, pharmaceutical and aerospace and defense industries. For more information, visit www.dyadem.com
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Contact:
For Dyadem International Ltd
Text 100 Public Relations
Farrah Hamid
617.399.4930
dyadem@text100.com
© 2007 Dyadem International Ltd. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.
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