Last updated on April 21, 2014 at 5:21 EDT

Former CEO of Webmethods, David Mitchell, former President of i2, Jack Reis and Chief Product Strategist at Network Solutions Join Centrifuge Systems

January 18, 2012

MCLEAN, Va., Jan. 18, 2012 /PRNewswire-iReach/ — Centrifuge Systems (www.centrifugesystems.com), a leading provider of Visual Network Analysis solutions for enterprise fraud detection and data visualization, announced the appointment of three key executives to its Board of Directors, Advisory Board and Management Team. David Mitchell, former CEO of Webmethods, brings significant commercial high tech management experience to the Centrifuge Board of Directors, including a history of creating and accelerating revenue from early stage into thriving public companies. Jack Reis, former President of i2 joins the Centrifuge Advisory Board as a forty year veteran with operational and commercial management expertise in data analysis and information technology. Navin Ganeshan, an experienced product strategist and entrepreneur, joins the Company as VP of Products, directing the future product roadmap for Centrifuge Visual Network Analytics.

“We are extremely pleased to welcome David Mitchell, Jack Reis and Navin Ganeshan to the Centrifuge team. They will be instrumental in providing leadership for our continued product revenue growth in fraud detection and data analysis”, said Renee Lorton, CEO of Centrifuge Systems. “Businesses are leveraging Centrifuge Visual Network Analytics in creative ways to realize big value from big data, and we are excited to be leading the data visualization revolution.”

David Mitchell is a highly successful high tech executive with a history of accelerating revenue, building profitable, fast growth businesses and creating positive value for shareholders. Under his leadership as CEO of Global 360, Mr. Mitchell improved profitability and returned 30% annual license revenue growth, eventually negotiating a sale to Open Text Corporation. At Webmethods, Mr. Mitchell increased sales revenue 20 times to over $ 200 M, and contributed to a successful IPO in February, 2000. He then went on to deliver revenue growth and increase shareholder value as CEO.

Jack Reis is a forty-year veteran Chief Executive Officer and Director in the communications and information technology field. Mr. Reis has a successful track record of raising capital, providing operational structure, and accelerating revenue growth. Prior to joining TrapWire, Mr. Reis was a Group Vice President at ChoicePoint and former President of i2 Inc. (acquired by ChoicePoint). At i2 Mr. Reis grew sales by 40% and more than doubled the value of the company, a provider of advanced visualization and link analysis software. Mr. Reis will bring a powerful understanding of the commercial data visualization market and operational guidance to the Centrifuge Advisory Board.

Navin Ganeshan is a twenty-year management veteran of software products in various markets from enterprise financial products for Fortune-100 companies, to mobile apps for small-businesses. As VP of Products, Mr. Ganeshan will be capitalizing on the explosion in Big Data, and the growing interest in early detection and better data visualization technology to create a compelling roadmap for Centrifuge Visual Network Analytics. Most recently, Mr. Ganeshan crafted a unified portfolio strategy across discrete business lines at Network Solutions, and launched several new products and programs in social, mobile and local marketing solutions. He is a frequent speaker and writer in the areas of cloud services, analytics, social and mobile marketing.

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About Centrifuge Systems

Centrifuge Systems (www.centrifugesystems.com) is a leading provider of Visual Network Analysis solutions that help organizations discover insights, patterns and relationships hidden in public, cloud, enterprise data and social networks. The Centrifuge data visualization approach combines agile data integration, dynamic relationship mapping, and interactive visual analytics with big data for immediate results in fraud and risk applications. Richer investigative profiles for early detection of criminal networks can significantly reduce the cost of fraud. Centrifuge is the only technology that provides this capability in a 100% zero footprint web services architecture. Today, Centrifuge Visual Network Analytics is used in some of the most demanding data analytics and data visualization applications in the world, including counter-terrorism, homeland defense, retail theft, insurance claims fraud and financial crimes analysis.

Media Contact:

Susan Kane Centrifuge Systems, Inc, 6508148496, skane@centrifugesystems.com

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SOURCE Centrifuge Systems, Inc

Source: PR Newswire