Company Expands Leadership Expertise in Delivering Mobilization Solutions for Extending Core Business Processes
NEWTOWN, Pa., March 27, 2006—AirClic®, a leading provider of business process mobilization solutions, today announced it has closed $2.86 million in an additional round of over-subscribed Series B venture financing. Original investors Motorola, Inc. (NYSE: MOT) and Zon Capital Partners participated in the round as well as several individual investors. Proceeds from the financing will be used to expand AirClic’s sales, business development, marketing, and client services functions, enabling the company to further expand on its market leadership position. During 2005, AirClic realized more than 300 percent growth in sales and customer acquisitions.
“In the past year we’ve performed incredibly well and customers continue to be our most enthusiastic supporters,” said Tim Bradley, CEO for AirClic. “We are able to offer something never before available – a cost-effective means to mobilize business processes using a phone or small mobile device. Our customers are using the AirClic solution for simple business processes like the proof of delivery process to extremely complex processes such as medical specimen collection and office equipment repair. AirClic can mobilize virtually any business process in a matter of weeks at a price point unheard of in the market.”
“We believe AirClic will play a valuable role in designing and implementing mobile supply chain and field service management solutions worldwide. AirClic has a proven track record, strong technology base and clear vision for the market,” said Matthew I. Growney, managing director, Motorola Ventures, the global, strategic venture capital investment arm of Motorola.
Additionally, AirClic today announced that it expanded its management staff with two appointments:
Lisianna McManes has been named director of sales for general business. In this role, McManes will report to the CEO and run all aspects of sales for general business. McManes joins AirClic from Hitachi Data Systems, where she served as district manager for Mid-Atlantic sales overseeing $60 million in revenue and managing pre-sales, sales and professional services reps. Previously, McManes held senior sales positions at Informative, Computer Associates, StarBase Corporation and Magic Software Inc.
Tracey L. Roesler has been named director of enterprise business development. In this role, Roesler will work to maximize AirClic’s opportunity with enterprise accounts in both a sales and business development capacity. Roesler joins AirClic from Information Security Technology, Inc. where she managed consulting services sales and doubled service revenues. Previously, Roesler held senior sales and consulting positions at Maxxum, Inc., Cognos and Lotus/IBM. Roesler has a track record of building strong sales organizations that consistently exceed sales benchmarks.
This round of financing follows a year of significant milestones for AirClic including:
AirClic MP™ is the market’s first comprehensive, on-demand platform for accelerating and streamlining remote and mobile processes. The flagship product, AirClic MP, combines sophisticated application design tools; simple and inexpensive data-capture technology; and powerful back-end software for data aggregation, migration, reporting and analysis. AirClic provides solutions specifically designed for the logistics/transportation, security services, manufacturing, field services and construction, educational, and government markets. Using AirClic MP, companies can immediately:
Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by our vision of Seamless Mobility, the people of Motorola are committed to helping you get and stay connected simply and seamlessly to the people, information, and entertainment that you want and need. We do this by designing and delivering "must have" products, "must do" experiences and powerful networks—along with a full complement of support services. A Fortune 100 company with global presence and impact, Motorola had sales of US $36.8 billion in 2005.
Motorola Ventures (MV) is the global, strategic venture capital investment arm of Motorola, Inc. MV actively invests at early stages in developing companies of strategic value to Motorola in order to accelerate access to new technologies, new markets and new talent. For more information: www.motorola.com
Headquartered in Newtown, Pa., AirClic is a leading provider of mobile process automation solutions that enable companies to quickly, easily, and cost-effectively deploy mobile applications based on their business processes. With AirClic, organizations have fast, inexpensive visibility to see the “who, what, where, when, and why” of their field operations and drive new levels of accountability and customer service without the high costs and risks of custom implementations. For more information, visit: www.airclic.com
AirClic is a registered trademark and AirClic MP is a trademark of AirClic, Inc. in the United States and/or other countries. All other trademarks or registered trademarks are property of their respective holders.
For more information, contact:
AirClic
Matt Matsui
651-222-9791
matt.matsui@airclic.com
Lois Paul & Partners
Jolene Hajj
781-782-5849
jolene_hajj@lpp.com