Apesoft Adds U.S. Headquarters, Names North American CEO

Apesoft, a Business Intelligence software solutions company headquartered in Barcelona, announced a dual headquarters location in Atlanta, Ga., which will service North American customers. The company had already opened a sales office in Chicago last year.

Mike Covol, a sales executive with many years of business intelligence experience with companies like Actuate and CorVu Corporation, will be the CEO for North America. In that position, he will be responsible for building the U.S. operations for sales, support, consulting and training for the growing American customer base.

Covol previously led sales teams at other technology firms, including managing an international sales staff of 25 while vice president of worldwide Sales for VCG Software; managing the Southern Region sales team for Actuate Corporation; and building U.S. operations and delivering first-year profitability while Senior Vice President of Sales for Atlanta Link.

At CorVu, as Vice President of Sales, he rebuilt the firm's North American sales organization by doubling the firm's revenues while taking the company public in 2001. As Director of Sales for Informix Software, Covol oversaw a staff of 75 and generated more than $50 million in revenues.

"I'm very excited to be joining a company like Apesoft at a time when corporate need for Business Intelligence has never been greater," Covol said. "By adding a headquarters location and a sales office in the U.S., we expect to expand our North American presence significantly over the next several months. We are also adding sales and support personnel, which will enable us to improve customer response time by more than 50 percent."

Covol has an MBA in Marketing from Georgia State University and a Bachelor of Science in Computer Science from Penn State University. He lives in the Atlanta area with his wife and three children.

About Apesoft

Apesoft is a Business Intelligence software company founded in 1994, headquartered in Spain, and with offices in the US. Apesoft operates in 10 countries through a network of qualified resellers, consulting partners and OEMs, who strive to help their customers operate more efficiently, increase productivity, save time, and rise to the challenges of competition.

Apesoft provides complementary high value Business Intelligence software solutions to organizations of all sizes addressing the need to extend their analytical capabilities throughout the company, optimize decision-making processes, improve the ability to identify opportunities, adjust to changes in the competitive environment, and drive improvements in business performance.

More than 6,000 users in 250 organizations depend on Apesoft's flagship server-based Excel report automation and distribution system, DataCycle Reporting.

For additional information, see: www.Apesoft.com.

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Shelli Ryan
For Apesoft
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SOURCE: Apesoft

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