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  Impetus Technologies appoints Jerry Malec as President
  September 21, 2004, Indore

Impetus technologies today announced the appointment of Jerry Malec as President. In his new role, Jerry will insure that the company’s growing client base of leading edge software companies is properly served through Impetus’ array of outsourced R & D services. Central to that responsibility, and one of Impetus’ key differentiators is the application of advanced technologies that facilitate rapid time to market, improved product quality and an overall reduction in product development costs.

Prior to joining Impetus, Jerry served as the founding Chairman of Servigistics, a leader in enterprise class supply chain software, serving large corporate clients in the field service area. Jerry is a seasoned executive in the software and technology area - his experience at General Manager and CEO levels of Checkmate Electronics, IBM and Apple Computer have made him a leader in the systems, software and systems integration service marketing arena.

While working at IBM, he developed independent channels of distribution for IBM systems and application software for IBM mid range systems area. At Checkmate, he was instrumental in securing the industry leading position in payment automation solutions for major retailers and banks throughout the US.

Jerry has a Bachelors of Science degree from Wayne State University, and he performed his Masters studies at the University of Michigan.

Regarding the appointment, Praveen Kankariya, CEO, Impetus Technologies commented, "We are delighted to welcome Jerry to the Impetus team. I am confident that Jerry’s experience will be a great asset and will help us further strengthen and grow client relationships."


About Impetus:
Headquartered in Cupertino (CA), Impetus Technologies is an outsourced software R&D and services provider to leading software companies. The company has a successful track record of designing and implementing software products for its client companies, including 3M, PeopleSoft, NeuStar, LiveCapital, Servigistics etc.

With expertise in developing state-of-the-art software products, Impetus utilizes the industry’s leading development tools and technologies. Its consistent emphasis on innovation and optimal application of technology has provided immense benefits to its clients in development of best-of-breed software products.

For more information, visit www.impetus.com ,
or write to info@impetus.com.