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Ronald F. Friedman Joins Innovative Systems’ Board of Directors
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PITTSBURGH, PA – March 18, 2010 – Innovative Systems, Inc. (ISI), a leading provider of data quality, customer data integration, business intelligence support and regulatory compliance solutions worldwide, today announced the appointment of Ronald F. Friedman, founder and President of Customized Selling Solutions International, LLC (CSSI), to its Board of Directors. |
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“ISI is privileged to gain the counsel and guidance of Ron’s 40 years’ experience as a respected leader in the high technology software industry,” said Robert J. Colonna, ISI president, CEO and chairman of the board. “We are confident that his insight and proven business acumen will be instrumental in helping to shape ISI’s future.” |
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Through CSSI, Mr. Friedman provides personalized sales and management training that is tailored to the specific needs of each client company. |
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Prior to forming CSSI, Mr. Friedman was President, Chief Operating Officer of Group 1 Software. During his 17-year tenure with Group 1, Mr. Friedman oversaw the firm’s initial public offering (NASDAQ – GSOF), negotiated and implemented key acquisitions, directed the company’s international expansion, and grew annual revenues to over $100 million. Under his leadership, Group 1 became one of the top 100 software companies in the world, earning numerous industry and financial sector awards and employing over 500 associates worldwide. In 2003, it was sold to Pitney Bowes for more than $450 million. |
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Before joining Group 1, Mr. Friedman held a partnership position at Fineman & Associates, a consulting firm specializing in internal cost management programs, as well as sales and marketing strategies. |
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About FinScan
As the compliance division of Innovative Systems, Inc. (ISI), FinScan protects organizations against non-compliance with the world-class data quality and data matching capabilities that are the cornerstone of all ISI products and services. Clients have used ISI’s linking/cleansing engines for MDM and compliance solutions in 33 countries. FinScan helps organizations worldwide meet the requirements of international government regulatory agencies by providing the most advanced sanctions list and PEP compliance solutions available. FinScan offers 24/7/365 list management; licensed or hosted deployment of its software applications; outsourced case tool review; transactional screening options; and automated due diligence reports to help ensure the most effective and accurate compliance for its clients. The FinScan Web site is located at www.finscan.com.
The Innovative Systems site is www.innovativesystems.com.
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About Innovative Systems, Inc. (ISI)
Innovative Systems is a world leader in delivering enterprise customer information solutions to organizations whose success depends on a complete and accurate understanding of their customers. ISI's data quality, data management, and compliance solutions include the i/Lytics® Enterprise Data Quality Suite; i/Lytics GLOBAL™ a CASS-certified address verification solution; Synchronos™, a master data management solution for enterprise customer data, and FinScan for compliance list, sanctions and PEP screening. |
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| Since 1968, companies worldwide have relied on ISI’s data quality software, systems integration, database solutions and customer data quality audits. The company has set the standard for data quality management in thousands of applications in more than 30 countries. Innovative Systems is headquartered in Pittsburgh, Pennsylvania, site of the 2009 G20 summit, with European offices in London, and representative offices in Brazil, Mexico, Netherlands, South Africa, and the Middle East. The Innovative Web site is located at www.innovativesystems.com. |
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Company Press Contact:
Karin O'Sullivan
Innovative Systems, Inc.
Tel: +1 (412) 937 7678
kosullivan@innovativesystems.com |
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Trademark Notice
i/Lytics, i/Lytics PostLocate, Synchronos and FinScan are trademarks of Innovative Systems, Inc. All other products or company names are used for identification purposes only, and may be trademarks of their respective owners. |
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