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mai 27, 2011

Management Dynamics Appoints Richard Darer to Board of Directors

EAST RUTHERFORD, NJ, May 27, 2011 -- Management Dynamics, a leading provider of Global Trade Management (GTM) solutions, today announced that it has appointed Richard Darer to its Board of Directors. Mr. Darer brings over 25 years of financial and operations experience as a senior executive and CFO to Management Dynamics' Board.

"As both a company executive and more recently as a consultant, Rick has helped numerous technology companies manage rapid growth and scale profitably," said Jim Preuninger, CEO of Management Dynamics. "Rick's experience and insights will be invaluable as we continue to capitalize on our market opportunity in Global Trade Management."

Mr. Darer currently provides advisory services to high growth technology companies, counseling on financial and operational frameworks. In his most recent operating roles, he helped two companies scale to almost $100 million each in business volumes, leading Unica through its IPO and driving a strategic sale of Gomez.

"As a long-time CFO I can appreciate the problems Management Dynamics is helping large global companies solve and the financial returns its solutions are delivering," said Mr. Darer. "I'm excited to be on the Board and I look forward to bringing my high growth technology experience to bear."

Mr. Darer holds an MBA from Harvard Business School, an M.S. in industrial engineering from Northeastern University, and a B.S. in mathematics from the Polytechnic Institute of Brooklyn.