Appointment of Non-Executive

RNS Number : 1771R

Craneware plc

27 April 2009

 



Craneware plc

('Craneware' or the 'Company')

Appointment of Non-executive Director

27 April 2009 -  Craneware plc, (AIM: CRW.L), a leader in financial improvement software solutions for the US healthcare market, is pleased to announce the appointment of Mr. Ron Verni as Non-executive Director with immediate effect.

Mr. Verni, aged 60, was most recently CEO of Corrigo, Inc., a leading Software as a Service (SAAS) company focused on the service sector. Prior to this he was President & CEO of Sage Software, Inc, and a member of the Board of Directors of the Sage Group, plc. Under his leadership, the company grew from less than $160 million in revenue to over $1 billion, from under 1,000 employees to over 5,000, and from 1 million business customers to over 2.5 million. During his time with Sage he also engineered over 20 acquisitions and oversaw their successful integration into the company. 

Ron Verni, Non-Executive Director of Craneware commented, 'With US healthcare institutions coming under increasing fiscal and legislative pressure, the potential for Craneware's financial improvement software solutions appears to be considerable. I am delighted to be joining Keith and the team and believe the Company has an exciting future ahead.'  

Keith Neilson, CEO of Craneware commented, 'We are delighted to welcome Ron onto the Board of Craneware. His experience in running highly successfully international software companies will be invaluable to us as we seek to capitalise on our strong position in the US healthcare market. Now in our tenth year of operation, with over $50m of future revenues under contract, we believe our opportunity to be significant and will welcome Ron's guidance as we continue our development.'

Mr. Verni is currently a director of ILumen, Inc. He has previously been a Director of Sage Group plc until October 2007 and Corrigo, Inc until July 2008.

There are no other disclosures required by paragraph (g) of Schedule 2 to the AIM Rules.

For further information, please contact:

Craneware plc	KBC Peel Hunt	ICIS
[phone]	[phone]	[phone]
Keith Neilson, CEO	Jonathan Marren	Caroline Evans-Jones
Craig Preston, CFO	Richard Kauffer	Mike Smith

About Craneware

Founded in 1999, Craneware has headquarters in Livingston, Scotland, with offices in Florida, Arizona and Kansas, employing over 100 staff. Craneware is a recognised leader of solutions that improve the financial performance of US healthcare organisations. Craneware partners with healthcare organisations to improve returns, increase productivity and manage risk, driving better financial and operational performance using market-driven revenue management solutions. By enhancing revenue capture processes, Craneware solutions allow those organisations to optimise reimbursement, improve operational efficiency, and support compliance.

---

 

END

 

 

BOAIFMMTMMITTML