PRESS RELEASES

FiREapps to Present at "Best Practices for Managing Currency Risk: Weathering the Euro" Webinar

March 6, 2012

SCOTTSDALE, Ariz., March 6, 2012 /PRNewswire/ --

WHAT: The roles of the CFO and Treasurer are evolving to own emerging issues that rise to the attention of the CEO, the company Board of Directors, and stock analysts. The increasing dynamics of global political conditions and currency markets have caused currency risk to be elevated to that level. Recent earnings reports clearly show how FX risk management can visibly impact company shareholder value. The CFO is increasingly being tasked with explaining his or her company's FX exposure to the Board of Directors, and in the case of public companies, to the investment community. This webinar will outline current and emerging best practices in identifying, quantifying, and managing FX exposure in an increasingly volatile environment. Brent Callinicos, VP, Treasurer at Google, will explain how his company has leveraged technology to enable best practices and what it means to have no FX surprises to report to his Board or the investment community.

(Logo: http://photos.prnewswire.com/prnh/20120306/LA65368LOGO)

WHEN: March 6, 2012

11:00 AM - 12:30 PM PT

12:00 PM - 1:30 PM MT

1:00 PM - 2: 30 PM CT

2:00 PM - 3:30 PM ET

WHERE: To register online, click here.  

WHO:
Wolfgang Koester, CEO and Chairman of the Board of FiREapps, has managed risk for Fortune 100 companies as well as governments, including G-10s, since 1986. Prior to forming Rim Tec, he served as President of GFTA Trendanalysen Inc., a quantitative currency manager. Wolfgang holds a Bachelor of Science degree from Arizona State University and a Master's degree in International Management from The Garvin School of International Management. Named one of the "100 Most Influential People in Finance" by Treasury and Risk in 2007 and 2009 and a member of Global Exchanges' 2007 "Who's Who in Foreign Exchange" list, he regularly contributes to industry publications including Treasury and Risk, AFP Exchange and GT News. He is a member of the editorial board of the AFP Risk newsletter.

Andy Gage, Vice President of Strategic Market Development, joined the company as Vice President of Marketing in the summer of 2006 and subsequently took on the role of Vice President of Sales. He has over 20 years of experience in marketing, product management and consulting, most recently as Vice President of Marketing and Product Management for Destinator Technologies, where he oversaw all aspects of global marketing and product strategy. Prior to Destinator, Andy was Vice President of Marketing and Industry Solutions at Cyclone Commerce. He also spent several years providing strategic consulting services for Deloitte Consulting. He holds an MBA from the University of Texas, Austin and a bachelor's degree from the University of Arizona.

Brent Callinicos has been VP, Treasurer of Google Inc. since 2007. In mid-late 2011, he also assumed management responsibility for worldwide Accounting and Tax. He served as Chief Financial Officer of the Platform and Services Division at Microsoft Corporation from 2006-2007. Prior to that, he served as VP, Worldwide Licensing and Pricing at Microsoft Corporation. He also previously served as Microsoft's VP, Treasurer for 4 years. He joined Microsoft in late 1992. Before joining Microsoft, he worked in various finance and treasury positions for the Walt Disney Co. and the Procter & Gamble Co. He has been a Director of EOS Climate, Inc., since mid-2011. He also serves as a member of the advisory board at FiREapps, Inc. He served on two Washington State's Governors' Council of Economic Advisors from 2001 to 2006. Mr. Callinicos has received numerous leadership awards, including a 2008 Risk Magazine award for "Corporate Risk Manager of the Year" and a 2010 Adam Smith Award for "Overall Treasury Excellence." In 2009, he was named one of the "100 Most Influential People in Finance" by Treasury and Risk Magazine, for the 4th time. Callinicos is a CPA and holds a bachelor of science and a MBA from the University of North Carolina at Chapel Hill. UNC awarded him the Distinguished MBA alumni award in 2004.

Laurie McCulley is a Partner of Treasury Strategies and leads our Treasury Technology Consulting Practice. She brings a wealth of knowledge and expertise to clients from her 28 years of experience in corporate treasury and bank capital markets. Laurie drives value for clients by combining her expertise in treasury technology with an in-depth knowledge of treasury operations. She works with clients to select, implement and optimize technology solutions. She has performed global treasury reviews focusing on how technology can enable effective cash, foreign exchange and liquidity management. The result is a treasury function with effective policies and procedures that are supported with integrated technology systems. Laurie has held senior treasury positions with three Fortune 500 corporations where she worked on treasury re-organization projects as well as policy execution and treasury technology assessment and enrollment projects. She also has several years of experience in bank capital markets and fixed income. Laurie is a Certified Treasury Professional, and she earned her B.A. with honors in International Relations from Pomona College and her MBA from Seattle University.

CONTACT: Fitch Carrere, +1 480-443-7333 X164 fcarrere@fireapps.com

jleblang@fireapps.com

About FiREapps

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

 

SOURCE FiREapps