7Hills Names Abhay Edlabadkar to Serve as CEO & President

Name	Symbol	Market	Type
Global InflationLinked Bond UCITS ETF 5C Index	DBI:IIVI	Deutsche Boerse Indices	Index

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	-0.05	-0.23%	21.52			21.81	21.49	21.73	0	16:46:00

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PITTSBURGH, Oct. 31 /PRNewswire/ -- 7Hills Business Solutions a leader in on-demand software solutions, consulting and BPO services for the Supply Chain & Logistics industry is pleased to announce the appointment of Mr. Abhay Edlabadkar as its CEO and President. Mr. Edlabadkar brings a depth of knowledge in strategy, finance, business management, operations and global M&A. He has joined the company in October 2008. Most recently at II-VI Incorporated (Public, Nasdaq: IIVI), Mr. Edlabadkar led the corporate business development, strategic planning and global M&A activities in North America, Europe and Asia. He was also the President/General Manager of Pacific Rare Specialty Metals & Chemicals Company, located in the Philippines, where he led a successful restructuring, turnaround and integration program making PRM once again into a profitable global leader in its industry. He also serves on boards of private companies. Prior to II-VI, Mr. Edlabadkar worked in senior leadership roles with Lucent Technologies, Agere Systems and TriQuint Semiconductors, where he was responsible for all optoelectronics operations including production & supply chain management, process engineering, quality and R&D across several product lines and material systems, and managed multiple wafer fabrication/packaging units in the US. Mr. Edlabadkar has also led significant management consulting assignments in operations excellence, strategy & automation and advised leaders at many Fortune 500 companies. Mr. Edlabadkar has an MBA from Columbia University (Finance/Economics), an MS degree in Engineering (Automation/Robotics) from Texas A&M University and a Bachelor's degree in Mechanical Engineering from Osmania University. Mr. Sitaram Geddam, founder of 7Hills and the chief architect & visionary behind 7Hills products and services, will assume the role of Chairman of the Board. Mr. Geddam says, "It gives me great pleasure to announce the appointment of Abhay Edlabadkar as the new Chief Executive Officer and President of 7Hills. As CEO, he will lead us through our next phase of rapid growth to become a major global on-demand SCM solutions provider with much broader horizons." Executive VP of Business Development Bob Kennedy adds, "Abhay is exactly the right type of leadership for 7Hills to direct us on our rapid growth path with his management capabilities and experience with growth businesses." About 7Hills: 7Hills provides Software Solutions in a SaaS or on-demand environment, for supply chain communities, supporting all the trading partners in a supply chain ecosystem. 7Hills' eBizNET-SC is a suite of web-based applications that offer integrated supply chain management capabilities and bring rapid accessibility to manufacturers, distributors and logistics firms with geographically distributed operations. Small to Mid-sized businesses (SMB) increasingly need to meet performance, visibility, and compliance standards previously achieved only by large suppliers, distributors, and logistics providers. This SaaS solution eliminates the need for on-site software, hardware, and domain expertise and enables SMBs to meet these same needs more rapidly and cost-effectively, enabling them to better compete and deliver improved customer service. 7Hills also partners with Netsuite, a SaaS or on- demand, integrated business management software leader, and Satyam, a leading global consulting and IT services company. The eBizNET SC Suite, is a robust, integrated collection of Supply Chain Execution (SCE) systems that serves as the core of 7Hills offerings, including WMS, YMS, Port and Terminal Management, Activity Based Billing and Costing, TMS and Reverse Logistics. As a complement to the eBizNET software, 7Hills offer operational expertise for SMBs as well as large companies. This expertise allows our customers to obtain the most from their SCM IT investments. Additionally, 7Hills provides knowledgeable industry renowned consulting resources who are experienced in integrating with other business systems such as ERP, EDI and Shipping systems. As a further value addition to its clients, 7Hills also offer competitive BPO services for supply chain services providers. 7Hills is a privately held company with its North American headquarters in Pittsburgh, PA and its global headquarters in Hyderabad, India. 7Hills is privately funded to date and has been profitable since its inception. For additional information please contact us at +1 (866) 910-3249 or visit http://www.7hillsbiz.com/. DATASOURCE: 7Hills Business Solutions CONTACT: Bob Kennedy of 7Hills Business Solutions, +1-301-704-3022 Web site: http://www.7hillsbiz.com/

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IIVI Global InflationLinked Bond UCITS ETF 5C Index