Categories
Business Wire

CPLANE Names Kirk D’Orazio President and CEO; Seasoned Networking Executive Brings Extensive Experience in Strategic Growth Leadership to Service Network Control Software Company

CPLANE Names Kirk D’Orazio President and CEO; Seasoned Networking Executive Brings Extensive Experience in Strategic Growth Leadership to Service Network Control Software Company

Business Editors

SUNNYVALE, Calif.–(BUSINESS WIRE)–Jan. 29, 2002

CPLANE, Inc., the leader in service network control software products, today announced the appointment of Kirk M. D’Orazio as president and CEO. D’Orazio will be in charge of planning CPLANE’s market expansion and overseeing the company’s engineering, marketing, sales and financial strategies.

D’Orazio has more than 18 years of hi-tech management experience with proven experience building world-class teams and bringing new products to market. D’Orazio has led organizations through multiple stages of growth and successfully yielded 60 to 100% average annual growth in revenue and profits. Most recently, D’Orazio was president and CEO of PointConnect, Inc., an enterprise software and services provider for large finance, insurance and health care firms.

“Kirk brings the leadership experience and strategic perspective necessary for CPLANE to thrive in these difficult economic conditions,” said Susan Mason, Chairman of the Board and General Partner at ONSET Ventures. “When we began our search, we outlined the five absolute characteristics the new president and CEO must possess.

Kirk exceeds each one of them. We are thrilled to have him on board.”

Prior to PointConnect, D’Orazio was president of GTI-Promptus Communications, Inc., a global provider of networking systems, software and services, where he successfully completed a rapid turnaround of the company increasing gross margins by 44%. Before this position, he held several other executive positions with the company. Prior to GTI, D’Orazio was president and CEO of Tell Technology, Inc., a provider of automated response software and systems for CRM applications. D’Orazio also has held management positions with Automated Call Processing, Inc. and GTE Corporation. He holds a Master of Business Administration degree and a Bachelor of Science from the University of Michigan.

About CPLANE, Inc.

CPLANE, Inc. is a software company delivering a service network control platform that empowers service providers with the ability to accelerate the creation of revenue-generating services, while optimizing the delivery of those services across a multi-vendor, multi-technology network infrastructure. The result is a solution that minimizes service delivery time for customers, while maximizing network performance value and profitability for the service provider. Founded in 1999 and based in Sunnyvale, California, CPLANE is privately held and has received more than $35 million in investment capital from Amerindo’s Private Equity Group, CMEA Ventures, ONSET Ventures, Pequot Private Equity, Sun Microsystems, and Woodside Fund.

COPYRIGHT 2002 Business Wire

COPYRIGHT 2002 Gale Group