nCode International (www.ncode.com), a leading provider of
durability and engineering data management software and
instrumentation, announced today that Michael Singer has joined the
Company as its Chief Executive Officer and a member of its Board of
Directors.
Brian Dabell, who has successfully led the Company over the past
eight years as nCode's CEO, will move into the newly created position
of Executive Vice President - Business Development. In this capacity,
Brian will apply his extensive industry knowledge and contacts to
focus on aggressively expanding nCode's presence in the engineering
durability and asset performance monitoring markets. In addition, he
will spearhead the Company's growth into related markets, such as
predictive analytical solutions for large commercial and military
fleets, among others.
nCode is owned by Coller Capital (www.collercapital.com) and is
managed by Nova Capital Management (www.nova-cap.com).
Dennis Powers, portfolio director of Nova Capital Management and
Chairman of the Board of nCode said, "We are excited to have Michael
join the leadership team of nCode as we continue to invest in the
Company's growth and expansion. Michael is a proven leader with a
stellar record of success and accomplishment."
"Over its 25 year history," Mr. Powers continued, "nCode has
earned a reputation as the leading provider of engineering durability
and data management software solutions for a blue chip list of global
Fortune 100 companies in several very large industries, including
automotive, aerospace, heavy machinery, energy, mining and rail. From
this position of strength, we are poised to accelerate our growth and
market penetration."
"Michael has demonstrated a clear ability to successfully grow
technology companies. As we look forward," said Ralph Forster,
Investment Director of Nova Capital Management and a member of nCode's
Board of Directors, "we expect Michael to help accelerate our strong
organic growth, leveraging nCode's robust engineering data management
software and predictive analytical capabilities, and couple this with
focused, strategic acquisitions."
Michael Singer said, "Combining forces with nCode and its
leadership team is a terrific opportunity. Together we share a common
vision for leveraging nCode's strong market position and reputation as
we aggressively look to grow and expand. With market leading products,
a highly regarded, world-class engineering and software development
team and a strong capital position, we have both the passion and the
proven resources to make this company a huge success."
Prior to joining nCode, Mr. Singer lead and/or was part of the
executive management teams of several Michigan based technology
companies including Entyre, a leading provider of software and
services for mortgage lenders; StoneAge Corporation, which operated as
Car.com, one of the largest data aggregators and providers of
in-market, automotive consumer leads; and MAVRICC Management Systems,
a leading provider of outsourced financial and human resources
recordkeeping and transaction processing services.
Prior to moving to Michigan in 1997, Mr. Singer spent ten years as
a partner in a management consulting firm in New York City.
Mr. Singer holds an MBA in finance from Columbia Business School
and a bachelor of science degree in accounting from University of
Pennsylvania's Wharton School of Business.
About nCode International
nCode is a leading global provider of durability test &
measurement, fleet monitoring, and product design (CAE) solutions.
nCode offers a unique combination of measurement instruments,
software, and services that help customers eliminate unexpected
failures by measuring and converting durability, performance and
operational data into information from which intelligent business
decisions can be made. Established in 1982, nCode has direct offices
in Europe, North America, and Asia. For more information about nCode,
please visit www.ncode.com.
nCode products include: ICE-flow GlyphWorks, Library, and
DesignLife, SoMat eDAQ, and eDAQ-Lite. The nCode Logo, nCode, ICE-flow
GlyphWorks, ICE-flow Library, ICE-flow DesignLife, SoMat eDAQ, and
eDAQ-Lite are trademarks or registered trademarks of nCode
International Corporation in the USA and/or other countries.
