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COMPANY NEWS
Cape Horn Strategies/NASDAQ
ILOG makes top lists
Cape Horn Strategies’ 2006 Sustained Success Honor Roll includes ILOG for six consecutive years of profitable growth. Out of 503 public software companies, the Honor Roll’s 20 “have the rare and outstanding record of growing profitably for the last five consecutive years or more.”
While the software industry as a whole saw revenue growth of 4 percent in 2005, the Honor Roll companies averaged 8 percent. And with the omission of the top company – Microsoft – the Honor Roll’s remaining 19 averaged 31 percent. ILOG’s 2005 revenue growth was 21 percent.
For more information, visit www.capehornstrategies.com.
NASDAQ Global Select Market
Investors can now find ILOG listed on NASDAQ’s new Global Select Market. With the highest listing standards in the world, the new
Organizations must meet strict financial and liquidity requirements to be listed, and only about a third of the companies with NASDAQ (www.nasdaq.com) qualify.
“Developers leave these workshops with a greater understanding of how our products deliver more efficient solutions,” says Mr. Mégard. “The workshops are held in context, and the information we provide is specific to projects and invaluable for future ones.”
“ILOG is an example of an industry leader that has achieved superior listing standards, which clearly defines the essence of the NASDAQ Global Select Market,” says Bruce Aust, executive vice president of the Corporate Client Group.
Introduced this year, the new list adds a third tier to NASDAQ’s listing structure. The other two are the NASDAQ Global Market and the NASDAQ Capital Market. All three tiers maintain rigorous listing and corporate governance standards.
BRMS brings execs together
Sentosa, Singapore, was the place to be for ILOG’s Asia-Pacific BRMS Executive Summit 2006. More than 85 ILOG partners, customers and prospects took part in the July event, discussing issues, challenges and solutions related to business rule management system (BRMS) technology. ILOG Singapore General Manager Foo Jong Tong opened the seminar, and ILOG CEO Pierre Haren (above) delivered the keynote speech on why BRMS was the cornerstone of business transformation. Several case studies were given by top businesses in banking, insurance, technology, telecommunications and manufacturing, and ILOG partners participated in an industry showcase of complementary technologies.
ILOG Executives
Leadership in China
Business is picking up fast for ILOG in the Asia-Pacific region. In response to new opportunities and anticipated further investment in China, ILOG has made organizational changes at the top.
Bounthara Ing, executive vice president and deputy CEO, has left the position of ILOG COO and moved to Shanghai, China, to oversee local operations and grow business throughout the region. He continues to lead ILOG’s partnering activities worldwide.
Mr. Ing has also taken the reins of ILOG’s new Semiconductor Business Division, running it alongside Bob Bixby, ILOG’s chief science officer. The division focuses on developing and selling ILOG Fab PowerOps (FPO), ILOG’s solution suite for optimizing production at semiconductor factories. The suite helps semiconductor fabs meet the rapidly growing global demand for electronics.
ILOG’s chief product officer, Jean-François Abramatic, has added worldwide marketing to his current responsibilities. He continues to oversee R&D operations while working to unify and streamline marketing activities. Dr. Abramatic has also been re-elected to the World Wide Web Consortium’s advisory board.
Oversight for sales and professional services operations has been transferred to Eric Brisson, who now reports to ILOG CEO Pierre Haren as executive vice president of U.S. and European sales.
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