FOR IMMEDIATE RELEASE:
Newly Appointed Personnel to Drive Company Growth after Recent Venture Capital Funding
Fairfield, NJ (November 3, 2004) - Archive Systems, Inc.(ASI), the
premier provider of Document Processing Outsourcing (DPO) services, recently announced
the addition of executives in sales, technology and marketing management to drive the
company’s growth after its recent venture capital funding of $8.5 million.
Dave Delventhal and Malcolm Smith have joined the company as part of
its Senior Management Team. Delventhal joins as Vice President of Sales, and Smith comes
on board as Chief Technology Officer. The previous Director of Sales and Marketing, Hank
Boggio, has taken over full responsibility for ASI’s marketing efforts as Senior Vice
President of Marketing.
"Archive Systems is experiencing tremendous growth as part of its
latest venture capital strategy," said Rick Kushel, President and CEO of ASI. "We're
ensuring that we have a strong team in place with the right experience to help us manage
this growth, and accomplish our many goals."
Dave Delventhal's background includes 20 years of experience in Sales
Management, most recently as a Vice President of Sales with ADP (Automatic Data
Processing, Inc.). Delventhal has joined ASI to continue to build and direct the sales
team as the company plans to greatly expand its national sales efforts and increase
revenue.
Malcolm Smith’s experience includes roles as a Divisional Chief
Technology Officer at AIG Sun America as well as Lead Program Manager at Microsoft
Corporation. At ASI, Smith will direct the Digital Services Group to enhance Archive
Systems' customer solutions as the company expands its offerings.
Hank Boggio first joined the company in 2001 as Director of Sales &
Marketing. His recent promotion to Senior Vice President of Marketing has created a
dedicated focus on corporate marketing strategies, brand management, product management,
and business development activities.
About Archive Systems, Inc.
Archive Systems, Inc. flagship solution, ASPEN 360 Accounts Payable Edition, combines best practices AP Automation with ZeroTouch AP imaging and workflow. The product increases efficiencies and reduces costs with features such as straight through processing, which uses automated three-way matching to auto match invoices to PO and receipt line items without AP processor intervention. It includes the ASPEN 360 Invoice Virtualization Center, which removes from the client all tasks associated with document imaging, data capture, document classification, indexing, and OCR. The company also provides physical records management services such as business records storage, document shredding, and offsite data storage, through a number of Record Center locations. For more information, please visit www.archivesystems.com.
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