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Lagan Expands Board of Directors with Software Industry Veteran and Venture Capitalist Peter McKay
Wednesday, December 03, 2008
BETHESDA, Md., Dec. 3 /PRNewswire/ -- Lagan, a provider of enterprise case
management solutions that streamline the delivery of public services to
constituents, today announced that Peter McKay, software industry veteran and
Venture Partner for Insight Venture Partners in New York, has joined the
company's Board of Directors.
McKay brings over 25 years of experience building and leading world class
software and services companies. As President and CEO of Watchfire from 2001
through its acquisition by IBM in July 2007, McKay led the growth of Watchfire
SaaS revenues from $3 million to $40 Million. Prior to Watchfire, McKay was
the President of eCredit, growing the business from $3 million in revenue to
$21 million in annualized revenue with over $75 million in guaranteed
(re-occurring) deferred revenue over three years via a worldwide direct and
indirect channel strategy. McKay came to eCredit having held Senior Executive
positions at Computer Associates and Parametric Technologies. He has also
served on the Board of Directors at Spotfire for two years until it was sold
to Tibco in June 2007.
"Peter has a strong track record of driving aggressive business goals and
helping software and services companies achieve significant growth in the U.S.
to realize their full potential worldwide," said Des Speed, "Peter's
experience and perspective is an invaluable addition to our Board and we look
forward to working closely with him as we leverage our proven market
leadership and customer success in the UK to continue to expand our presence
in the North American market."
"Lagan has a strong growth opportunity thanks to its technology leadership,
deep domain expertise in the government sector, and the impressive results its
software solutions have delivered to a large customer base," said McKay. "I
am excited to join the board as the company builds on its early and
significant traction in North America to continue its growth trajectory."
McKay is currently an investor in and on the Board of Directors of several
venture backed companies and numerous business and professional organizations
within the technology industry. He holds a BA in Accounting and Finance from
Northeastern University.
About Lagan
Lagan specializes in delivering world-class solutions that effectively and
efficiently connect governments and people. More than 160 government agencies
on five continents rely on Lagan's innovative, cost-effective enterprise case
management (ECM) solutions for human services, 311 non-emergency call centers,
disaster preparedness and integrated case management and eligibility. Lagan's
award-winning software is the choice for governments seeking a low-risk
solution that delivers real value in record time. A recipient of the Deloitte
Technology Fast 50 Award each of the last six years in recognition of superior
revenue growth, Lagan was founded in 1994, is privately held and employs over
200 people worldwide.
For more information about Lagan, please visit http://www.lagan.com.
Lagan Enterprise Case Management and Lagan ECM are trademarks of Lagan
Technologies, Ltd.
SOURCE Lagan
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