PRESS RELEASE – FIDUCITE APPOINTS RAYMOND FERRARA AS CHIEF OPERATING OFFICER

 

February 15, 2002, Needham, MA

 

Fiducité today announced the appointment of Raymond Ferrara as its new Chief Operating Officer. Ray will be responsible for implementing Fiducité’s technological architecture and for its Knowledge Management Group.

 

Stated Ray, “Fiducité is an exciting new approach for solving the problem professionals have in utilizing the vast resources of the Internet. The company’s experience in financial services will be a real plus to our customers.”

 

Ray Ferrara has over 25 years of experience in data processing and operations. He was recently a practice manager with KPMG Consulting, Inc., where he led teams developing solutions for high volume data warehouses, primarily in the financial services industry. Prior to that, he spent several years as Chief Scientist – Data Warehousing with SHL Systemhouse (since acquired by EDS) and then 13 years with Digital Equipment Corp., where he was one of the original authors and contributors to DEC’s groundbeaking enterprise technical architectures. Early in his career, Ray also founded his own company, CEIB, one of the first to enter the online marketplace. He was also a member of the U.S. Peace Corps. Ray holds a B.S. from the Massachusetts Institute of Technology and an MBA from Harvard University.

 

Fiducité is the leading cataloger of Internet business resources. Using proprietary technology, Fiducité finds and interprets only those documents of interest to professionals, allowing users within businesses to increase innovation by accessing pages already on their desktops. Fiducité currently offers cataloging in the global financial services industry domain.

 

For additional information, contact Fiducité Public Relations at 307 Main St., Concord, MA 01742 USA, +1-978-369-4211 ext. 21