Envista Corporation Establishes Board of Directors With AEC-Seasoned Leaders


BEVERLY, Mass., June 25, 2007 (PRIME NEWSWIRE) -- Envista Corporation, a solutions provider of asset management technology for built infrastructure, announced today it has formed a six-member Board of Directors. Two seasoned leaders from the AEC (Architecture, Engineering, Construction) industry -- Dave Lemont (Lemont Consulting) and Arol Wolford (Tectonic Inc.) -- have joined the Envista Corporation Board. Other Board members include Envista CEO Rick Fiery, and investment partners Travis Connors of Egan-Managed Capital, David Martirano of Point Judith Capital, and Jesse Devitte of Borealis Ventures. Envista solutions enable public and private entities to better utilize resources, improve services, and address the critical needs of aging infrastructure.

Envista Board of Director Profiles

Dave Lemont, former Chief Executive Officer of Revit Technology and a major force in Building Information Modeling (BIM) software, adds his strategic planning expertise to the Envista Board. Early in his career, Lemont was Chief Operating Officer at Concentra Corporation, the leading provider of Customer Relationship Management (CRM) solutions for product configuration. He led Concentra to an IPO in 1996 then sold the company to Oracle Corporation. Later as CEO of Revit Inc., he led the company through its successful 2002 acquisition by Autodesk, the world's leading design software provider and digital content company. Most recently, Lemont was the Chief Executive Officer of AppIQ, the leader in Storage Management Software. AppIQ was recently acquired by Hewlett Packard, creating over 600% returns for investors.

Arol Wolford, founder of Tectonic Inc., has been a well-known entrepreneur in the building products information industry for the past 30 years. He started Manufacturers' Survey Group and five years later entered the construction information industry with the founding of Construction Market Data (CMD) in Atlanta, Georgia. As President and CEO, Wolford oversaw CMD, Manufacturers' Survey Associates, and R.S. Means. Wolford sold CMD Group to Cahners (now Reed Construction Data) in 2000. An honorary member of the American Institute of Architects, Wolford serves on the AIA 150 Committee, the only non-architect so recognized.

According to investor Jesse Devitte, "The AEC knowledge and strategic thinking that Dave and Arol bring to Envista is invaluable and rounds out the 'A' team that the company has assembled." Devitte, himself, has extensive experience in the AEC industry. He was an executive and Director of Softdesk, an innovator of civil engineering design software, and later served as the first Vice President and General Manager of Autodesk's AEC division following the acquisition of Softdesk.

About Envista Corporation

Envista Corporation develops enterprise software for the strategic and financial management of built infrastructure assets. Envista solutions are designed for utilities, government institutions, defense agencies, and other companies who build, manage, or maintain infrastructure. Based on data models integrated with geospatial web environments, Envista technology enables public and private entities to better utilize resources, improve services, and address the critical needs of aging infrastructure. Formed in 2007, Envista Corporation's worldwide headquarters is located in the Boston suburb of Beverly, MA. For more information, Envista can be reached at (978) 564-3045 or visit their web site at www.envistasoftware.com.

Link to press release: http://www.envistasoftware.com/page157.html



            

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