HOLON, Israel and CARY, North Carolina, July 28, 2016 /PRNewswire/ --
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a
leading global provider of software solutions for the financial
services sector, announced today that veteran software industry
executive, private investor and technology consultant Andre M. Boisvert was nominated to serve as the
chairman of the board of directors of Sapiens DECISION.
(Logo:
http://photos.prnewswire.com/prnh/20120508/531104 )
Sapiens DECISION, which offers a decision management software
suite to enterprises, will benefit from Boisvert's vast experience.
He will assist the Sapiens Decision with key decisions, ranging
from investments to setting the future direction of the
business.
Boisvert's distinguished career began in 1976 with IBM, where he
served in a wide range of positions with increasing levels of
responsibility and influence, including senior management positions
in sales, marketing, and research and development. Boisvert later
joined Oracle Corporation, serving as senior vice president of
worldwide marketing and as a member of Oracle's management
committee.
In 2000, Boisvert was named president and chief operating
officer of SAS Institute, Inc., the world's largest privately-held
software company. He later was asked to lead one of SAS Institute,
Inc.'s key investments, Sagent Technologies, Inc. (NASDAQ:SGNT) as
chairman and chief executive officer.
Boisvert co-founded Pentaho Corporation, which became the
world's most popular commercial, open source, business intelligence
platform before being acquired by Hitachi Data Systems for more
than $500 million. He is currently
chairman of Palamida Corporation, a leader in software composition
analysis for intellectual property and security risk
management.
Boisvert has served on the Board of Directors for VA Software
(NASDAQ: LNUX), the creator and owner of SourceForge, the world's
largest repository of open source projects. Boisvert currently
serves as chairman of Issuer Direct, (NYSE: ISDR) a leading
provider of regulatory compliance solutions and services for
publicly-traded companies; and River Logic Inc., a leader in
prescriptive analytics.
"Our team is excited to work with Andre and take advantage of
his experience and know-how to help us grow our DECISION business,"
said Rami Doron, managing director,
Sapiens DECISION. "We look forward to utilizing Andre's innovative
methods and strategies, which have consistently proven to be
effective."
"Sapiens is pleased to welcome an executive of Andre's caliber,"
said Roni Al-Dor, Sapiens president and CEO. "Andre's
impressive experience, strong relationships and vision will help us
as we continue to focus our attention and efforts on the emerging
field of decision management, which we are proud to have
pioneered."
"I am fortunate to work with a number of companies that offer
innovative and visionary technologies that have transformed their
respective target markets," said Boisvert. "Sapiens DECISION's
software platform and related services are already transforming the
way financial institutions and governmental agencies manage and
execute their decision making processes. The Sapiens offering is
well-positioned to become an equally transformational force in
other industries and I look forward to contributing my expertise to
assist with the organization's next phase of growth."
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a
leading global provider of software solutions for the insurance
industry, with a growing presence in the financial services sector.
Sapiens offers core, end-to-end solutions to the global general
insurance, property and casualty, life, pension and annuities,
reinsurance and retirement markets, as well as business decision
management software. The company has a track record of over 30
years in delivering superior software solutions to more than 200
financial services organizations. The Sapiens team of over 1,700
professionals operates through our fully-owned subsidiaries in
North America, the United Kingdom, EMEA and Asia Pacific. For more information:
http://www.sapiens.com.
Investor and Media Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Corporate Communications
Sapiens International
Mobile: +1-201-250-9414
Phone: +972-3-790-2026
Email: Yaffa.cohen-ifrah@sapiens.com
SOURCE Sapiens International Corporation
