Avtex Anticipates Aggressive Growth; Hires Executive VP of Sales and Aligns Strategy and Resources with Market Trends

Prepares for Rising Demand of Next Generation Communication Solutions

MINNEAPOLIS--()--Avtex today announced steps taken to prepare for a rapidly growing demand for communication technology solutions that improve the customer experience. The company appointed George Demou, the former President and CEO of Transcend Communications, to ramp up and expand its national sales team. As Senior Vice President of Sales, Demou’s focus is on building the strategy and framework to support aggressive growth, both organically and through additional mergers and acquisitions. The company’s goal is to double its annual sales revenue from $50M to $100M by 2015.

Demou joins the Avtex executive team which includes Bob Denman, CEO; Keith Rachey, CSO (Chief Strategy Officer); Chris Kumsher, CFO; Eric Raarup, Senior VP of Technology and Marketing and Kim Ericson-Rosaker, Senior VP of Operations. Along with the appointment of Demou, the leadership team members have strategically aligned their respective teams to focus on innovation, intellectual property development, and a commitment to organizational growth. Today, the company has a roster of 225 employees which includes 20 new hires recruited over the past six months. The company plans to hire an additional 20 before year-end.

“We’re pulling out all the stops to grow the company and adding George to the executive team is a key part of the equation.” Said Bob Denman, President of Avtex. “Businesses are finally getting serious about the customer experience. As consumers expect real-time, multi-channel communications, we’re seeing more organizations prioritize their investment in communication technology.

An industry veteran, George is passionate about building a high-performing team and has a track record in accelerated growth strategies that impact market share and sales revenue. Demou will lead the sales initiative by expanding the company’s geographic footprint and by accelerating the delivery of new and unique technology solutions that address today’s market demands. The quickly expanding national sales team will align closely with partners like Microsoft and Interactive Intelligence to move forward with emerging technologies and innovation as the platform for state-of-the-art customer experience solutions.

“Avtex is poised for growth,” said Demou. “We’re in the right place at the right time as organizations are eager to find more efficient ways to connect with their customers. This is our sweet spot. We have an exceptional team, satisfied customers, solid partnerships and a model that supports innovation. Avtex is truly in an enviable position as we are uniquely prepared to help our clients optimize their points of interaction. I couldn’t be more thrilled to be in this position with an emerging leader like Avtex.”

About Avtex
Our core mission at Avtex is to provide new and innovative customer experience solutions that enable businesses to optimize interactions with their customers, employees, partners and prospects through communication and collaboration technologies. As a Microsoft Certified Gold Partner and Interactive Intelligence Platinum Elite Partner, Avtex is the first true integrated interaction solution provider with deep capabilities in contact center, UC, CRM, portals and collaboration, notification, infrastructure solutions and custom application design and development. Avtex has over 1,200 customers across the United States and in six countries with offices in Minneapolis, MN; Milwaukee and Appleton, WI; Des Moines, IA; Cincinnati, OH and Atlanta, GA. www.avtex.com

About Pohlad Family Companies
Founded and built by Carl R. Pohlad, Pohlad Family Companies encompasses banking, financial services, commercial real estate, retail, automotive, entertainment and technology industries, as well as ownership of Major League Baseball’s Minnesota Twins. Based in Minneapolis, Pohlad Family Companies employs 3,500 people throughout 40 markets coast-to-coast. For more information, visit http://www.pohladcompanies.com/public/BusinessInterests.aspx.

Contacts

Avtex
Michelle Siebert, 952-303-7129
msiebert@avtex.com

Release Summary

Avtex hires top sales executive, forecasts growth, builds team and considers additional M&A activity

Contacts

Avtex
Michelle Siebert, 952-303-7129
msiebert@avtex.com