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Centage™ Corporation Appoints Barry Clapp as President & COO

June 19, 2012
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June 19, 2012 – Natick, Mass. – Centage™ Corp., the leading provider of budgeting and planning software to small- and medium-sized businesses, announced Barry Clapp as president and chief operating officer.Prior to joining Centage, Clapp brings 30 years of experience in sales, marketing, and general management, of technology based businesses. Beginning with IBM, Clapp has held a succession of jobs with increasing responsibility in software and Internet related businesses.At DigitalGlobe, a satellite imagery company where Clapp served as vice president, he was responsible for $25 million in worldwide sales and support. As vice president at Advanced Electron Beams, a venture-backed maker of electron beam generation equipment for the environmental and sterilization industries, he managed and grew worldwide sales. More recently, Clapp served as consultant to accelerate growth of several early-stage companies, including Boston Technologies, a supplier of hosted services and high-volume transaction processing and execution for the foreign exchange trading market.As President and CEO of Source Recovery Company, an enterprise software tools company, Clapp negotiated its sale to Allen Systems in 2000."With Barry Clapp as president and COO, Centage taps a seasoned executive with experience in building solid foundations, including hiring staff to support and grow the company, and in driving significant and sustainable sales growth. He has helped companies experience triple-digit growth, generate VC investments and go public. His operational expertise enables companies to grow while navigating the challenges of fast growth and strong sales trajectory," said Kamran Sassoon, CEO."The Centage team and the product portfolio of budgeting and planning software have a terrific track record of helping thousands of companies in a growing and underserved market," Clapp said. "It's potential for growth is virtually unlimited and I am looking forward to working with the leadership team to help it continue its consistent track record of growth and success."