17.8.07

Openbravo recruits senior Oracle director from Silicon Valley

CAMBRIDGE, Mass. -- Openbravo, the leading developer of professional, web-based, open source Enterprise Resource Planning (ERP) solutions designed specifically for small and medium businesses, has expanded its management team with the appointment of Paolo Juvara as Chief Products Officer (CPO).

Paolo Juvara joins Openbravo from Oracle Corporation, where he worked for fourteen years, most recently as senior director, leading the development of the Service product line. He also held a broad range of development and management roles within Oracle's Applications Development business, including positions in Financials, Supply Chain Management, CRM and Business Intelligence.

His experience in developing products for global markets is highly relevant to Openbravo's ERP software.

Moving from Oracle's headquarters in Redwood Shores, California, Paolo Juvara will be based in Pamplona, Spain, and will assume responsibility for Openbravo's ERP product roadmap, engineering and integration projects.

Manel Sarasa, Openbravo's CEO, said: "Paolo understands our market and the opportunities and challenges that open source brings. Furthermore, he has the personality and level of insight to be involved with our development communities, to listen to and engage with them. His appointment is a great endorsement of our product and strategy. I look forward to Paolo playing an important part in our achievements as we work towards 500,000 downloads on SourceForge."

Paolo Juvara, the newly-appointed CPO for Openbravo, said: "I deeply believe in the design and application of open source software and I look forward to applying my experience of development of commercial software into an area that I feel passionately about. Openbravo has a strong team and a strong strategy, and I am proud to be part of one of the most successful projects in SourceForge."

Ismael Ciordia, Chief Technology Officer for Openbravo said: "Paolo has the perfect combination of experiences to take Openbravo to the next level: he is a capable developer; he is used to managing large teams of developers; he has global experience and he has worked on strategy, sales and consulting with companies across Asia Pacific, EMEA, Latin America. While Paolo will take full responsibility on business focused products, such as the ERP, I will focus on evolving and enhancing our powerful development platform in which these products run."

Openbravo is a fully functional integrated web-based open source enterprise management system (ERP), with a proven track record. The ERP has already been installed by a number of innovative SMB enterprises (http://www.openbravo.com/customers/success-stories/).

About Openbravo

Openbravo is the leading professional open source enterprise management (ERP) solution for small and midsize enterprises (SMEs). Driven by open source philosophies and best-in-class services, it delivers a fully integrated, web-based ERP system tailored to the needs of any company, regardless of size or industry sector. The functionality of Openbravo is in continual growth thanks to an expanding international community of users, partners and developers. Openbravo helps companies to manage daily operations, optimize business processes, enhance customer satisfaction and ultimately increase profitability. And because it is open source, Openbravo puts the customer in full control without the overheads of contracts or licenses. In January 2006, Openbravo secured a EUR 5 million ($6.4m) financing agreement with Sodena - record funding for an open source ERP company - to fuel further software development and international growth. Openbravo is a founder member of the Open Solutions Alliance - an independent consortium launched in 2007 to educate and inform businesses deploying Open Source, while promoting best practice and interoperability among vendors. Openbravo is a winner of a 2007 'Red Herring 100 Europe Award' and of the 'LinuxWorld.com Product Excellence Awards 2007' in the Best Integration Solution category.

Source: www.openbravo.com

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