Lichtenwald on Sagent board

Susan Andre 2001

Sagent, a provider of Business Intelligence solutions, has announced that Irv H. Lichtenwald, Chief Financial Officer of Advent Software has joined Sagent's Board of Directors.

Lichtenwald was chosen in large part because of the financial leadership he has shown at Advent Software. He joined Advent as chief financial officer in 1995, and over the course of his tenure, the company has maintained consistent year-over-year growth.

"I am quite confident in the executive team that has been put in place in the past year, and in the sophisticated services that the company delivers," Lichtenwald said. "I welcome the opportunity to contribute to the long-term financial success of the company."

With more than 20 years expertise in finance operations for companies including Advent Software, Trinzic Corporation and Visicorp, Lichtenwald has a long track record of helping lead some of the US industry's top software providers to a higher and consistent level of growth.

Sagent

Sagent's suite of Business Intelligence solutions enables companies to measurably impact their business by implementing highly successful customer relationship and financial management initiatives. Through Sagent's powerful enabling technologies, organizations can easily and rapidly turn company data into relevant information that can be used for effective decision-making, analysis and reporting. Information can be extracted from multiple sources (internal and external), optimized for decision support and delivered in a customized format for Web-based or client applications. Even the most complex analytic application can be developed in weeks, not months. More than 1,500 companies worldwide have selected Sagent software to enhance customer. More information at www.sagent.co.za