26 Oct 2004

Oldenburg, Germany and New York, NY - RedDot Solutions, a leading global provider of enterprise content management (ECM) solutions today announced it has shown exceptionally strong growth throughout the first half of 2004. RedDot Solutions increased its employee numbers by 20% and plans another 10% increase. A key addition to this growth is the appointment of Daniel Kraft as the new vice president of corporate development. With experience and expertise in the Enterprise Content Management (ECM) market, Kraft will build out and structure global sales and technology partnerships.
Prior to RedDot, Kraft (32) spent five years as Associate Director for Commerzbank Securities where he headed a global advisory focused on software companies. He has also acted as an advisor for leading software companies for strategic enterprise channel transactions. Daniel Kraft will play a key role in RedDot's continued global growth; with offices in Germany, the US, Australia, the UK, Italy, Poland and Brazil, RedDot continues to build its international position as a leading provider of Enterprise Content Management solutions for the mid-markets.

Daniel will report directly to RedDot Solutions CEO and founder Niels Metger, who commented on the new appointment, "Kraft's experience in the strategic consultation of software companies and his comprehensive know-how in the Enterprise Content Management market makes him a valuable addition to our management team."

Commenting on his position, Kraft said, "I am excited to join the RedDot team; they have made tremendous strides. RedDot is one of very few software providers with success in Europe, Australia and in the USA with a solution specifically for the mid-market. RedDot offers a complete enterprise content management (ECM) solution, has a strong customer base of more than 1,300, and is globally well-positioned."