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Netezza's CEO Saxena Joins Authoria's Board of Directors

Award-Winning Entrepreneur Brings Deep Experience in Building High Technology Winners

Waltham, MA – September 21, 2005 – 

Authoria, Inc., the leader in integrated strategic Human Capital Management (HCM) solutions, today announced that renowned technology entrepreneur, Jit Saxena, has joined Authoria’s Board of Directors, further strengthening what is already one of the strongest boards among privately-held software companies.

Saxena is CEO and co-founder of Netezza Corp., a rapidly growing market leader in high-performance enterprise data warehouse appliances. Since introducing the NPS® appliance to the market in 2003, Netezza has built a global customer base that includes Amazon.com, Catalina Marketing, Cingular Wireless, Orange UK and the TJX Companies. Prior to founding Netezza in 2000, Saxena was founder, CEO and chairman of Applix, Inc. a business performance management and business intelligence software company that he took public in 1994. In July 2003, Saxena was named Ernst & Young New England Software Entrepreneur of the Year.

 

“Jit brings an incredible track record in building companies which are high growth leaders,” said Tod Loofbourrow, chairman and CEO of Authoria. “Jit’s strategic breadth and operational experience with rapid growth will be invaluable for Authoria as we lead a revolution in the way our customers manage people.”

 

Saxena’s appointment brings Authoria’s board to eight members, four of which are either current or former public company CEOs.

 

“Authoria is the clear leader in bringing strategic human capital management to the management front-lines, and its recent acquisition of Hire.com gives it the most complete, fully integrated solution in the marketplace,” Saxena said. “I look forward to helping the company extend its leadership as the on-demand standard for recruiting, managing, and driving peak performance from employees.  This is a company to watch.”

 

About Authoria
Authoria is the leading provider of integrated strategic human capital management (HCM) solutions helping employers increase the business value of their workforce. The Authoria Advisor Series includes recruiting management, performance, management, compensation management, succession planning, and benefit and policy communication while providing just-in-time knowledge and coaching for managers and employees. Authoria’s award-winning solutions have proven successful for more than 300 large employers representing more than 10 million employees. Customer companies include Boeing, Prudential, Pfizer, Reuters and Unocal.