Kintera (MM) (NASDAQ:KNTA)
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Kintera(R) Inc. (NASDAQ: KNTA) today announced that
Richard LaBarbera has been appointed the company's chief operating
officer. A high tech industry veteran with more than 30 years of
operating experience, LaBarbera will be responsible for the strategy
and execution of Kintera's business operations.
LaBarbera served as senior vice president and general manager of
Sybase, Inc.'s (NYSE: SY) enterprise solutions division, which was
responsible for approximately $800 million of Sybase revenue. In this
role, he had direct responsibility for product development, product
marketing, worldwide sales, support, education and global professional
services functions.
"Richard LaBarbera brings to Kintera a strong track record in
successfully managing business operations and specifically, growing
revenue while reducing expenses," said Harry E. Gruber, M.D., Kintera
CEO. "His experience in executive positions at leading technology
companies and more recently, at customer relationship management (CRM)
software as a service providers, makes him a valuable addition to the
Kintera management team."
LaBarbera joins Kintera from Echopass Corporation, a leading
provider of integrated CRM software as a service and advanced call
center solutions that integrate with partners such as Salesforce.com
and RightNow(R) Technologies. At Echopass, he served as chief
operations and services officer, where his responsibilities included
client renewals, customer service, professional services, support,
custom application development, IT operations and provisioning.
LaBarbera previously served as president of Niku Corporation, an
enterprise software company now part of Computer Associates, that
addresses client needs for CRM, portfolio management, resource and
project management, and IT management and governance. At Niku, he was
responsible for all operational components of the business, including
development, marketing, sales, telesales, professional services and
support.
In addition, LaBarbera served in executive roles at Siemens
Nixdorf/Pyramid, Octel Communications, Amdahl, Storage Technology
Corporation and IBM. He received an MBA from Georgia State University.
"I look forward to using my CRM industry knowledge to spearhead
the business operations of such a vibrant company," said LaBarbera.
"Kintera is well positioned to provide complete solutions that help
nonprofits achieve their missions. I'm excited to leverage our
technology to grow both Kintera's business and the industry."
About Kintera, Inc.
Kintera(R), Inc. (NASDAQ: KNTA) provides an online solution to
help nonprofit organizations deliver The Giving Experience(TM) to
donors -- including giving convenience, financial transparency,
feedback about the social impact of their gifts, and a sense of
belonging and appreciation. More than 15,000 accounts in the
nonprofit, government and corporate sectors use Kintera's "software as
a service" innovations, including the Friends Asking Friends(R)
fundraising program and Kintera Sphere(TM), an enterprise-grade
software platform that provides a secure, scaleable and reliable
system for contact relationship management (CRM), a web content
management system (CMS), eMarketing and directed giving applications.
Additionally, Kintera FundWare(R) provides award-winning financial
management software developed for nonprofit organizations and
governments.
Kintera also provides the Kintera GivingFund payment option
offering donors Internet convenience for initiating grant requests
from their Donor Advised Funds (DAF). Organizations sponsoring donor
advised funds as well as recipient nonprofits and foundations are now
able to provide improved customer service to philanthropists through
this new, innovative way to make major gifts online. A one-time DAF,
CharityGift(TM), is available for purchase at Kintera's The Giving
Communities(TM) interactive website at www.kintera.org. The site is
also a destination for consumers to connect with thousands of causes
and organizations.
For more information about Kintera's software and services, visit
www.kintera.com.
Kintera, Kintera Sphere, Friends Asking Friends, The Giving
Experience, The Giving Communities, GivingFund, CharityGift, and
FundWare are either registered trademarks or trademarks of Kintera,
Inc. in the U.S. and/or other countries.
Forward-Looking Statements
In addition to historical information, this press release contains
forward-looking statements (including, without limitation, express or
implied statements regarding achievement of profitability, reduction
of expenses and growth in the market for our products and services)
that involve risks and uncertainties. These forward-looking statements
represent our estimates and assumptions only as of the date hereof.
These statements reflect our current views with respect to future
events and are based on assumptions and subject to risks and
uncertainties. These statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements to be materially different from any future
results, performances or achievements expressed or implied by the
forward-looking statements. These risks and uncertainties include,
without limitation: our limited operating history; our history of
losses; our dependence on increased acceptance by nonprofit
organizations of online fundraising; lengthy sales cycles for major
customers; our need to manage growth; risks associated with accounting
for and processing large amounts of donations; the rapidly changing
technologies and market demands; and other risks identified in our
filings with the Securities and Exchange Commission. Given these
uncertainties, you should not place undue reliance on these
forward-looking statements.