Contact Information: Press Contacts: John Schoutsen Vice President, Corporate Communications Sage Software 905-267-2873 john.schoutsen@sage.com Shana Keith Porter Novelli 404-995-4557 shana.keith@porternovelli.com
IRVINE, CA--(Marketwire - July 11, 2007) - Sage Software, the North American operations of
UK-based The Sage Group plc (LSE : SGE.L ) announced today the appointment of
Lisa Codispoti as chief people officer, responsible for all of the
company's human resources functions in North America. Sage Software
employs more than 5,000 people.
Ms. Codispoti was previously with Outsourcing Solutions, Inc., the leading
international provider of outsourced accounts receivables and
"credit-to-cash" management, where she served as executive vice president
and chief human resources officer, responsible for all aspects of the
company's HR operations, including managing a team of 70 HR professionals.
Prior to working with Outsourcing Solutions, Inc., Ms. Codispoti was a
consultant for a number of major firms in the U.S. and Canada. Ms.
Codispoti also spent 6 years with Key Bank and 10 years with GE Capital as
a leader in both line and staff functions. She has been responsible for
whole lines of business, with one assignment including an acquisition
integration role in Leeds, England.
Ms. Codispoti holds a BA in Business from Walsh University, Ohio, and an
MBA from Case Western Reserve University, Ohio.
Sage Software is the North American business of The Sage Group plc, the
world leader in providing accounting and ERP systems for businesses with
fewer than 500 employees, according to 2005 figures* from IDC. Sage
Software has grown rapidly over the past 10 years, through both acquisition
and internal development. The company has acquired and integrated into its
portfolio 22 businesses since 1998, including many market-leading brands
such as ACT! by Sage, Sage SalesLogix, Sage Timberline, Sage MAS 90 ERP,
Sage Abra HRMS, Sage Accpac, Peachtree by Sage, Simply Accounting by Sage,
and others. In May 2007 the company announced the creation of two new
divisions, the Business Management Division and the Industry and
Specialized Solutions Division, which join the Healthcare Division and the
Payment Solutions Division in a move to provide even greater focus on the
distinct customer segments the company serves. As a member of the senior
executive team, Ms. Codispoti will play an integral role in the company's
continuing development as it serves more than 2.8 million businesses
throughout North America.
* Data based on software license and related product revenues. Source: IDC,
Worldwide ERP Applications 2005 Vendor Shares: Top Vendors in Large,
Medium-Sized, and Small Customer Segments, Doc #203672, Oct 2006
About Sage Software
Sage Software supports the needs, challenges and dreams of more than 2.8
million small and mid-sized business customers in North America through
easy-to-use, scalable and customizable software and services. Our products
support accounting, operations, customer relationship management, human
resources, time tracking, merchant services and the specialized needs of
the construction, distribution, healthcare, manufacturing, nonprofit and
real estate industries. Sage Software is a subsidiary of The Sage Group
plc, a leading international supplier of accounting and business management
software solutions and related products and services for small and
mid-sized businesses. Formed in 1981, Sage was floated on the London Stock
Exchange in 1989 and the Group now has 5.4 million customers and employs
over 13,000 people worldwide. For more information, please visit the Web
site at www.sagesoftware.com/moreinfo or call (866) 308-2378.
© 2007 Sage Software, Inc. All rights reserved. All other brands are
trademarks of their respective companies.