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Leading SaaS Provider OpSource Places Ray Solnik as President and Chief Operating Officer

(September 27, 2006)

DMN Newswire--2006-9-27--OpSource, the SaaS experts, announced today that it has appointed Ray Solnik as the new president and chief operating officer of the company.  In this capacity, Solnik will have primary responsibility for orchestrating the companys efforts to capitalize on long-term growth opportunities and align its operations with key customer segments.  Together with CEO Treb Ryan, they will focus on continuing to position OpSource as a significant force in the software as a service (SaaS) marketplace.

?OpSource is pleased to welcome Ray Solnik as president and COO. As OpSource accelerates its strategic position as the premier platform for businesses delivering services over the web, so will our need for the unique business expertise and direction that he will provide, said Treb Ryan, chief executive officer. ?He brings with him an impressive record of guiding technology companies through the complexities of growth and evolution.

Solnik will work to assure that all departments within the company are aligned and executing with excellence to achieve company objectives.  His role will be focused on the breadth of operational activities from sales and business development to marketing, product development, service delivery, and other key functional departments.  Solnik will work with Ryan on overall corporate strategy and investments as the company continues  to further define the SaaS, On-Demand, and web applications market opportunities. 


?I am excited to join OpSource at this most critical juncture in its corporate history, says Solnik. ?The company is a proven leader in the SaaS market and has aspirations to drive the market and company growth much further.  The recent $20M in outside investment, including a Series C financing led by Intel is another great statement about the future of the company.  I am looking forward to teaming with Treb Ryan and the OpSource management team and employees to continue to build and grow a great company.

Previously, Solnik held the position of chief development officer of New Edge Networks, prior to the sale of the company to EarthLink, an over $1 billion, Atlanta-based Internet company, and as president of AT&T Worldnet, AT&T's consumer Internet company.  As vice president for consumer strategic marketing for AT&T, he headed a portfolio of growth businesses including the marketing launch of AT&T CallVantage, AT&Ts consumer voice over IP product (VoIP).  Prior to AT&T, Solnik held senior executive positions in business development and strategy for NorthPoint Communications and SBC Communications.  Prior to his communications career, Solnik worked in financial services at American Express, Intuit, and Commercial Union Capital. 

Solnik earned a bachelors degree in economics from the University of Michigan and a masters degree in business arts at Stanford Graduate School of Business. 

About OpSource

OpSourcetm, the SaaS experts, is focused on providing the operational infrastructure and ongoing services that enable software companies, On-Demand businesses, and web applications providers to deliver and maintain the highest quality web-based solutions.  By choosing OpSource as a SaaS partner, OpSource customers are freed from infrastructure management and can focus on improving applications and acquiring new customers.  OpSource's Optimal On-Demandsm infrastructure enables businesses to deploy SaaS and web-based applications quickly, cost effectively, securely, and with high quality standards. Companies at any stage in the application lifecycle, delivering any type of application, can benefit from our comprehensive services and expertise. OpSource is the only company to offer Success-Based Pricingsm, a unit-based pricing model, that allows businesses to begin with a modest minimum commitment, and their expenses scale only when their revenue increases. For more information about OpSource, visit  

OpSource and the OpSource logo are trademarks of OpSource, Inc.  Optimal On-Demand, Success-Based Pricing, and OptiTech Services Engine are service marks of OpSource, Inc. All other trademarks and company names mentioned are protected by their respective owners.

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Related Keywords:SaaS; Personnel

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