New Momentum Brings in a New Sales VP

    SAN CLEMENTE, Calif., July 24 /PRNewswire/ -- New Momentum, provider of
 Supply Chain Risk Management (SCRM) software for companies who make or use
 electronic components in their products, announced that Mark Stevens has
 joined the company as Vice President of Sales.
     Stevens has over 15 years of enterprise software industry experience in
 both executive sales positions and developing industry relationships with
 worldwide distribution in Europe, South America and Asia at several
 companies including Mainsaver, Epicor and DataWorks. In addition to his
 extensive sales background, Stevens has extensive experience in M&A
 activity from private startup to public companies.
     Stu Clifton, New Momentum's CEO, commented, "With global outsourcing
 becoming the norm, the demand for better supply chain risk management
 including intellectual property protection has increased significantly. At
 New Momentum, we understand that solving these problems requires more than
 most supply chain planning solutions offer. Effective management of
 'unstructured data' from the open market is necessary. Our first SCRM
 application, brand/intellectual property protection incorporates this
 unstructured data to help companies increase revenue by reducing
 counterfeits and sales through unauthorized channels. The five other SCRM
 applications we will be releasing in late 2007 and 2008 will provide the
 kind of global search capabilities -- embedded in our on-demand
 applications services -- which enterprises require to address major issues
 such as unanticipated supply chain interruptions.
     "By bringing Mark on board we have taken a major step forward in
 meeting the SCRM needs of both Tier 1 and mid-size organizations. He has
 that vitally important combination of high tech industry expertise as well
 as sales and global business management experience. We believe he brings
 the kind of strategic sales and business focus we need to rapidly grow our
 customer base."
     About New Momentum
     New Momentum offers supply chain risk management solutions that provide
 companies who make or use electronic components in their products with
 tools to reduce operational risk, improving revenue and profits. Armed with
 New Momentum's open market data, which is difficult or impossible to get
 any other way, enterprises can better manage supply interruptions, protect
 their brand and intellectual property, improve partner compliance, reduce
 surprises in asset valuation and provide excess inventory resolution.
 
 

SOURCE New Momentum