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Ken Comee to Usher in Next Phase of Growth as Newly Appointed CEO of PowerReviews

PowerReviews to Lead $10B Social Software Market With Prominent Cloud Executive (March 20, 2012)

SAN FRANCISCO, CA -- (Marketwire) -- 03/20/12 -- Today PowerReviews announced that cloud software executive Ken Comée has joined the company as its new CEO. PowerReviews is the world's most widely deployed social commerce platform, powering the social conversation on brand and retailer websites, including Staples, REI and Toys "R" Us. The company, which has grown eight-fold over the last two years and has more than 1,500 customers, recently launched a powerful new platform that allows companies to connect social activity with sales results for the first time.

Comée, who most recently grew Cast Iron Systems from start-up to global leader in cloud integration and strategic acquisition by IBM, is widely credited for scaling world-class software organizations by aggressively driving growth. He has served on the PowerReviews Board of Directors since 2011. Former CEO Pehr Luedtke is assuming a new role at PowerReviews as vice president of strategy and partnerships, where he will focus on product strategy, corporate development and key platform partnerships.

"It's clear the world has gone social, and winning enterprises will be those who adopt, engage, and drive business results through the customer conversation," said Luedtke. "Ken is the right leader at the right time to drive our next phase of growth. He has been a valuable board member and a terrific mentor, and I look forward to continuing to work alongside him."

PowerReviews recently launched its groundbreaking Essential Social Suite (ESS), the only integrated platform that combines the three components of success in social: Content, Engagement, and Measurement. Leading companies are already using ESS to enhance social activity to deliver results such as increased website traffic and sales.

"I see a huge opportunity to drive significant growth in this $10B social business software market," said Comée. "In what is fast becoming a social-centric, information-driven economy, companies must make social activity work for them. Despite the volume of conversations, enterprises have been unable to connect social activity with top line results. With the launch of the Essential Social Suite, PowerReviews is solving a significant pain point and will continue to lead this large and growing market."

Comée has more than 20 years of executive management experience in both private and public companies. As CEO of Cast Iron Systems, he led a ten-fold increase in revenue and drove the acquisition of more than 700 new customers. IBM acquired Cast Iron in 2010 as a critical piece of its cloud strategy. Previously, Comée held executive positions at CollabNet, a software development pioneer in the cloud, and at product lifecycle leader PTC. He also held various general management positions at Amdahl / Fujitsu in both Europe and the US.

About PowerReviews
PowerReviews is the world's most widely deployed social commerce platform. It helps companies tap into consumer conversations to drive better business, while providing consumers with an easy way to share their insights about brands, products and services. More than 5,500 brands have standardized on PowerReviews to drive sales, increase traffic and shape product development.

Contact Information
Media contact:
Jesse Odell or Lindsey Scott
power (at) launchsquad (dot) com

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