Former Disney and Ford CIO Bernard F. Mathaisel Named CIO at Achievo Corporation

Jun 05, 2007, 01:00 ET from Achievo Corporation

    SAN RAMON, Calif., June 5 /PRNewswire/ -- Achievo(R) Corporation, the
 leading global software and information technology outsourcing provider
 with a local front-end and China back-end service model, today announced
 that Bernard (Bud) F. Mathaisel has joined the company as senior vice
 president and chief information officer. Mathaisel reports to Dr. Robert P.
 Lee, Achievo's chairman and CEO, and is a member of the corporate executive
     "Bud's credentials speak for themselves, and we are thrilled that an
 executive of his stature and experience has joined us," said Dr. Lee. "We
 are building a company that is based on providing clients with quality
 services, confidence and trust, and Bud's background and guidance will help
 us to raise those attributes to the next level. Bud is a visionary
 strategic planner who has guided and deployed strategic plans transforming
 organizations and creating competitive advantage. He brings to Achievo a
 proven track record of building and energizing competent teams of thousands
 of people. These are skills that will serve us well in our quest to become
 the premier global software and IT services company."
     Highlights of Mathaisel's career include CIO positions at Solectron,
 Ford Motor Company and Walt Disney & Company. Earlier in his career,
 Mathaisel was founding director of Ernst & Young's Center for Business
 Innovation (CBI) in Boston, a group dedicated to the conception and
 development of leading-edge ideas and management approaches about business
     "In my prior experiences as CIO and executive advisor, I saw the power
 of the model we have at Achievo," said Mathaisel. "I have first hand
 experience with several companies whereby selective outsourcing resulted in
 reductions in IT labor expenditures by at least half, even accounting for
 additional management and administration of the offshore service, all while
 increasing capability with highly qualified people. The total available
 market for software and IT outsourcing to China is enormous. Our challenge
 is to make sure the world knows who we are and what we do."
     In addition to a high profile executive career spanning 30 years,
 Mathaisel received bachelor's and master's degrees in science from the
 Massachusetts Institute of Technology. He based his master's thesis on
 computer systems applications to operations research in the airline
     About Achievo
     Achievo is a global offshore software and information technology
 outsourcing provider with a local front-end and China back-end service
 model. With expertise in diverse technologies including Java/J2EE, .NET and
 embedded platforms, the CMM-certified company offers improved efficiencies,
 scale, diversification, and a combined talent pool to deliver
 cost-effective, quality-centric, and scalable IT outsourcing services to
 customers and partners worldwide. Customers include IBM, HP, Sun
 Microsystems, CA, Cadence, Accela, China Academy of Sciences,
 DaimlerChrysler, Ellie Mae, ESRI, Audi, Fujitsu, Mercedes Benz, Mitsubishi,
 Siemens, United Way, Hitachi, NEC, Pioneer, NTT Data, Nomura, Toshiba and
 other Fortune 2000 companies. Headquartered in the Silicon Valley, Achievo
 has offices in the United States, Canada, Germany, China and Japan. For
 information on the company and its services, visit
     Achievo is a registered trademark of Achievo Corporation in the United
 States and in other countries. All other trademarks are the property of
 their respective owners.
     Jayme Curtis, Public Relations
     Achievo Corporation
     +1 408.892.8661
 Available Topic Expert(s): For information on the listed expert(s), click
 appropriate link.
 Robert P. Lee, PhD

SOURCE Achievo Corporation