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News Stonebridge Selects HP Veteran as New Chief Executive Stonebridge announces appointment of James W. Sherriff, former HP Vice President, Professional Services, as CEO DALLAS, Texas, January 4, 1999 – Stonebridge Technologies, Inc., a leading regional solutions integrator, today announced that James W. Sherriff has joined the company as Chief Executive Officer. As CEO, Sherriff will be responsible for developing and implementing growth strategies that will help Stonebridge move rapidly toward its goal of expanding a strong regional presence into a national solutions integration services company. Prior to joining Stonebridge, Sherriff spent his entire 19-year professional career at the Hewlett-Packard Company, beginning as a systems sales consultant immediately after earning his bachelor's degree in computer science from the University of California, Irvine. He rose quickly through the ranks at HP, holding various sales and sales management positions, before moving into professional services as the Asia Pacific Professional Services General Manager based in Hong Kong in 1993. Sherriff and his team were able to grow the professional services business in Asia at an annual rate of over 45% during his three-year tenure, and subsequently he was promoted to the position of Vice President and General Manager, HP Consulting, Worldwide. In that role, Sherriff engineered what is considered to be one of the most radical reorganizations in Hewlett-Packard's history, leading to the successful transformation of HP's professional services business and a top ranking for HP in a recent InformationWeek survey of major IT service providers. "In our search for a CEO, we looked for someone who recognized our solid foundation and tremendous growth potential, and had the vision to lead us to the next stage of corporate development," said James Ivy, Stonebridge president. "That person is Jim Sherriff. We are very pleased to have such a talented and successful leader join our management team." "For me, at this point in my career, it is very exciting to be able to leverage the experience that I have gained working for one of the best managed companies in the world, and to apply it in a dynamic, entrepreneurial, high-growth company," Sherriff said. "Stonebridge has the core competencies and the passionate focus on customers required to grow quickly in the IT solutions marketplace. Working closely with the strong leadership team at Stonebridge, I am confident that we can deliver tremendous value to our customers and our stockholders." About Stonebridge Stonebridge Technologies, Inc. is a leading provider of e-business solutions, integration and consulting services in the Southeastern and Southcentral United States. Stonebridge delivers 90 percent or more of its engagements using local Stonebridge consultants — a unique strategy giving clients cost-effective solutions that raise productivity and reduce risks associated with e-business transformation and complex technology projects. Stonebridge solutions focus on Extended Enterprise Resource Planning (XERP), Electronic Relationship Management (eRM) and Operations Resource Management (ORM). Areas of technical expertise include: business intelligence, software integration, custom development, business applications, infrastructure development and accompanying IT services. Stonebridge employs more than 400 associates in twelve geographic locations. Stonebridge clients span a variety of industry sectors such as telecom, high technology, financial services, electronics and energy. Clients include many blue chip companies and large organizations such as Blockbuster, Chick-fil-A, eMerge, E*TRADE, Home Shopping Network, MCI Telecommunications, Texas Instruments, Williams Companies, GTE, Golfsmith, Northern Telecom and The Weather Channel. For more information on Stonebridge Technologies, visit us online at www.sbti.com. |
