Santa Monica, Calif., December 20, 2004 – Accruent, Inc., the leading provider of contract management solutions, announced today that Robert Blatt has joined the company as vice president of product development. Blatt will be responsible for overall product strategy and all product research and development initiatives.
Mr. Blatt brings 20 years of executive management experience that spans the key functional areas and growth stages of successful high tech companies. Blatt has a long track record of success in enterprise software with his early career including staff positions in engineering and product management at companies like Fujitsu and AT&T. More recently, Blatt served as Vice President, Products for Aspect Telecommunications (NASDAQ: ASPT) where he led the company’s product development initiatives across four product lines driving the company from zero to $500 million in revenue. Prior to joining Accruent, Blatt served as President and CEO of Outcome Software, a decision analytics software startup.
“Robert will not only lead the engineering team, but also serve as one of the thought leaders in the company as we continue to define and refine our strategy for attacking the broader contract management opportunity,” said Mark Friedman, CEO of Accruent. “We are deeply committed to building a world-class engineering team that produces world-class products, and I believe Robert’s addition represents a significant step in this direction.”
Accruent’s recent acquisitions of Tequila Software and National Facilities Group; and the Company’s agreement to license and resell the Lucernex application, has created an opportunity for Accruent to create the most complete real estate life-cycle management suite available on the market. “Our retail customers have a vision for the future that demands new technology and a greatly expanded product footprint,” states Blatt. “Looking forward, we have the team, resources, technology and commitment to make it happen.”
Accruent offers a full suite of contract management solutions for retail and corporate real estate professionals. Accruent’s flagship product, cmSuite, is a complete suite of contract management solutions that’s ideal for financially disciplined companies seeking tighter controls, better compliance, and the ability to enforce negotiated terms and conditions. Benefits of cmSuite include Sarbanes-Oxley compliance and reducing corporate risk.
Blatt holds a bachelor’s degree in Industrial Engineering and Computer Science from Cornell University.
Founded in 1995, Accruent is the leading provider of contract management solutions for Global 2000 companies. Our solution enables companies to create a single view of all the contractual commitments that exist throughout their organizations. Accruent’s contract management solution provides tangible business benefits to companies, including improved visibility, lower costs, reduced risk and exposure and streamlined contract creation. That’s why more than 350 leading companies - including Bristol-Meyers Squibb, Chubb, Consolidated Edison, Eaton, Mellon Financial, Pfizer, Rite Aid, Siemens and Viacom - use Accruent solutions to boost profits and generate cash.
All Accruent brand and product names are trademarks or registered trademarks of Accruent, Inc., in the United States and other countries. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.
Kathy Fischer
Marketing Communications Manager
Accruent, Inc.
416.643.1388
kathyf@accruent.com
Robyn Fernsworth
Kickstart Consulting for Accruent
415.346.5260
rfernsworth@kickstartconsulting.com