FiREapps Appoints New Vice President of World Wide Sales

 

Kenneth Fritz Brings Deep Industry Experience and Leadership to FiREapps Management Team

 

SCOTTSDALE, Ariz. — February 5, 2007 — FiREapps, the leading provider of corporate foreign exchange management technologies, today announced the appointment of Kenneth Fritz as vice president of worldwide sales. As an executive leader, Fritz brings over 20 years of demonstrated enterprise application software expertise and will be responsible for worldwide sales, opening new markets and creating synergies across all distribution channels.  

“Ken is an accomplished sales executive with an established record of building effective global sales infrastructures that drive revenue growth,” said Wolfgang Koester, CEO of FiREapps. “His track record and leadership skills will help us leverage our resources and sharpen our focus and efforts on the expansion opportunities available in our markets. We are gaining an energetic, enthusiastic manager who shares our vision of the growth potential and value of our brand, technology and product.”

During his career, Fritz was the vice president of North American sales for Axway, Inc., the leading global provider of collaborative business solutions where he managed Axway’s sales, business development activities, partner alliances and new expansion in North America.  Fritz has experience growing technology companies in dynamic markets, serving in senior leadership positions at Hyperion Solutions, AlphaBlox, Red Brick Systems and Oracle. Fritz also served in various international accounting and finance capacities for Fortune 500 organizations.

“I am excited to join FiREapps at this period of strong company growth and momentum,” said Kenneth Fritz, vice president of worldwide sales at FiREapps. “I am looking forward to aggressively growing the company’s sales force and pipeline to bring FiREapps’ unique solution to organizations around the world that are looking to deploy sophisticated foreign exchange risk management tools.”

About FiREapps
FiREapps, a subsidiary of Rim-Tec, Inc., is the leading provider of Corporate Foreign Exchange Management Technologies. The company provides technologies and services that help corporations optimize foreign exchange processes. These solutions help customers mitigate risk while increasing profitability and operational efficiencies. FiREapps has offices in Scottsdale, Arizona and Portland, Oregon.