One of the Nation’s Leading Nonprofits Selects BA Insight for Enterprise Search

Advanced Search Technologies Transform Business Processes and Enable Unified View of Content Across Multiple Document Repositories

New York, NY – July 11, 2013 – BA Insight announced that AARP has selected Longitude Search and Longitude Connectors to enable information integration across its multi-level organization and external business units. Leveraging Microsoft SharePoint®, BA Insight’s Longitude products will provide users with the ability to efficiently search for information across the enterprise.

Their users include employees, extended network partners, and volunteers who require access to timely information residing in various content systems throughout the organization’s multiple-lines of business. Leveraging enterprise search capabilities will provide users with simple and unified access to information about the company’s various services, products, events, and initiatives within local affiliate groups.

Without a viable search solution in place, users faced the challenges of locating and sharing documents across multiple technology stores including shared drives, enterprise content management systems, and SharePoint. Users trying to find content in disparate searches couldn’t connect the dots between sets of information, and only found incomplete content.

Committed to improving its information architecture, AARP extended its current SharePoint platform and chose BA Insight’s Longitude products to unify their content search experience. The solution integrates search across SharePoint in order to unify content from multiple repositories, and incorporates BA Insight’s Longitude Search and Longitude Connectors for Microsoft Office 365.

In addition, the content is enriched with a taxonomy, and incorporated into SharePoint 2010 TermStore, Gimmalsoft, and BA Insight’s AutoClassifier; which is critical for document enrichment and automatic metadata enhancement.

“The organization’s users will be able to leverage a wide array of information, which significantly impacts the ability to innovate, repurpose information and share initiatives between groups,” says Will Zuckermann, BA Insight’s Chief Revenue Officer. “We are delighted to be working with AARP, and to help improve the already exceptional service provided to their members.”

Rachel Holmes | Corporate Communications Manager

BA Insight®

The Leader in Agile Information Integration™

(e) rholmes@bainsight.com

(p) 646.786.8556

www.BAinsight.com | Read Our Blog | @BAinsight

 

BA Insight Promotes Will Zuckermann to Chief Revenue Officer

May 28, 2013 — NEW YORK, NYBA Insight (www.BAInsight.com), the leader in agile information integration and enterprise search, today announced the promotion of Will Zuckermann to Chief Revenue Officer.

In his expanded role, Mr. Zuckermann will continue leading the company’s Global Sales and Marketing efforts, while assuming the additional responsibilities for overseeing Business Development and Customer Relations. In his most recent role as the Senior Vice President of Global Sales and Marketing, Mr. Zuckermann has been responsible for the overall sales strategy and execution, and instrumental in positioning BA Insight as a leader in the enterprise search market.

“Will has brought a tremendous wealth of knowledge to BA Insight. Under Will’s leadership, the company has transitioned to an enterprise focused sales and marketing organization, which has significantly improved the company’s performance,” says BA Insight’s Chief Executive Officer, Gary Traynor. “Will’s extensive experience overseeing global sales efforts, and driving collaborative high-performance programs will be integral to our future success as the company is growing and expanding into new markets.”

Since joining BA Insight in 2010, Mr. Zuckermann has spearheaded the company’s sales activities. With more than 15 years of leadership experience, he has held several senior positions at a number of notable software startups including Cergis Software, Inceptor and Zero Knowledge. Prior to joining BA Insight, Mr. Zuckermann served as Executive Vice President of North America Sales for Mimecast, a cloud-based email management solutions provider, where he significantly grew the business over an eight-year period.

“This promotion reflects our ongoing confidence in BA Insight and its leadership team in their ability to deliver advanced search technologies to the enterprise,” said Todd Pietri, Chairman of the company’s Board of Directors, and a General Partner at Milestone Venture Partners. “Will’s in-depth technology and business experience supports the strategic direction of BA Insight, while positioning him to communicate the company’s unique value proposition to the marketplace.”

“I am honored to be given the opportunity to serve as the company’s Chief Revenue Officer,” said Will Zuckermann. “The power of enterprise search is largely untapped, and BA Insight is extremely well positioned to take a leadership role in helping organizations to understand its potential as an innovative, low cost means of accessing and interacting with business critical data.”

About BA Insight BA Insight is the leading provider of integrated search technologies that help organizations leverage the full power of Microsoft SharePoint® across the enterprise. BA Insight’s flagship Longitude Search and Longitude Connector products let organizations extend Microsoft’s enterprise search capabilities across dozens of CRM, ERP, ECM, messaging, and collaboration systems, and delivers rich document preview and assembly tools that empower knowledge workers to act upon search results with greater speed and effectiveness. Visit www.bainsight.com for more information.

Holganix Named ‘CleanTech Company of the Year’ at 2013 Enterprise Awards

May 9, 2013 — Holganix Named ‘CleanTech Company of the Year’ at 2013 Enterprise Awards

Please click on the link below for more information.

2013 Enterprise Awards WINNERS Holganix

 

Retail Technology Firm Natural Insight Simplifies Retail Execution with Automated Workflow

Tens of thousands of retail workers can now turn field reporting into automatic immediate actions for high-quality improvement.

STERLING, VA, April 8, 2013 — Natural Insight®, a private retail technology company engaged in workforce management, today announced the release of NI WorkFlow, a significant set of new cloud-based capabilities. With this latest improvement to the Natural Insight platform, in-store reports from retail workers now generate immediate automated actions to improve retail execution and promotional results. With users completing hundreds of thousands of retail assignments monthly, improving compliance at the store level reduces issue response time that has an immediate impact on sales.

According to many retail studies and data compiled by Natural Insight, as much as much as 30% if promotional results are being lost due to poor in-store execution. Timely response to dynamic in-store conditions has always been a challenge for retailers, and reacting to data from thousands of locations has simply taken too long.

“This has been a challenge for as long as I’ve worked in the retail industry” stated Stefan Midford, CEO of Natural Insight. “By integrating field reporting with preconfigured, automated actions, NI Workflow enables out-of-stock alerts for action in minutes, not days. In addition, we have completely automated the methods to immediately schedule corrective action, driven by the data from an in-store worker.”

Bart Flaherty, CEO of analytics company Optimization Partners, stated “This is another significant step in the ongoing evolution of retail, and the changes which are necessary for retailers to catch up with modern shopping habits. Consumers have a choice to shop online or in town. When it comes to purchases, they want to quickly receive their products. Retailers and manufacturers who can immediately resolve issues on the sales floor will be the winners. NI WorkFlow simplifies and speeds their ability to respond by linking data to execution, using a turn-key technology platform.”

In addition to its fully-managed and hosted solution, Natural Insight reduces the burden on IT by providing staging, configuration, and on-going monitoring of iPads for use on the sales floor. Delivering on its promise of out-of-the-box task management, Natural Insight can setup the iPads and ship them to the field fully equipped with secured mounts, instructions, and everything needed to get up-and-running in minutes.

About Natural Insight
Natural Insight is a private retail technology company with a distinguishing feature – outstanding user loyalty to the product. The company’s innovative, cloud-based platform significantly improves sales, reduces overhead and provides real-time workforce activity feedback that motivates high performance. Through an integrated suite of solutions focused on scheduling, task management, analytics and timekeeping, large numbers of workers are empowered to complete assignments with significantly less effort. Providing services across a broad cross-section of the retail industry, Natural Insight is used by major retailers and servicing companies to improve execution and manage in-store merchandising, assisted sales, magazine and book distribution, product demos, and store audits. Visit www.naturalinsight.com.

About Optimization Partners
Optimization Partners is a technology, data and analytics firm that helps its clients improve sales and marketing results. Bart Flaherty can be reached at bartflahertyiv@gmail.com or (203) 482-9993.

iPad is a registered trademark of Apple, Inc.

# # #

Media Contacts:Stefan Midford, President & CEO
Natural Insight
smidford@naturalinsight.com
800-961-5203

BA Insight Closes Latest Round of Venture Funding

Funding Fuels Sustained Growth and Resource Expansion as Demand for Search-Based Applications Increases Across the Enterprise

New York, NY– April 3, 2013 – BA Insight today announced that it has secured its latest round of funding, raising $4.5 million, bringing the total amount raised to date to $15.7 million. All four of the company’s current venture capital investors participated in the round including Milestone Venture Partners, Osage Venture Partners, Paladin Capital Group and Originate Ventures.  The funding supports the company’s growth as the market continues to drive demand for solutions that unlock data across the enterprise.

BA Insight’s advanced search technology redefines how people access siloed information and collaborate.  Organizations are increasingly dealing with rapidly growing volumes of structured and unstructured data, the inability to integrate information from legacy systems, and the move of many organizational systems to the cloud.  As a result they often lack insight into critical business information.  BA Insight enables enterprises to bring this information together for users, giving them actionable insights into customers, products, projects, expertise and more.

“Enterprise search is broken,” said Philip Eliot, Principal at Paladin Capital Group, “and BA Insight is unique in its ability to deliver useful information to the enterprise regardless of where, when and how they need it.  Their solutions revolutionize information access.”

“Our continued investment in BA Insight reflects our confidence in the ability of BA Insight’s platform to transform search into a powerful weapon for the enterprise,” said Todd Pietri, co-founder and General Partner of Milestone Venture Partners.  “BA Insight delivers tools that enable organizations to leverage their investments in existing solutions and expose data in an actionable, relevant way.”

BA Insight customers include industry-leading companies across a variety of industries including the legal, oil and gas, and pharmaceutical/life sciences. For more information on products and services, visit www.bainsight.com.

About BA Insight

BA Insight™ is the leading provider of integrated search technologies that help organizations leverage the full power of Microsoft SharePoint® across the enterprise. BA Insight’s flagship Longitude Search and Longitude Connector products let organizations extend Microsoft’s enterprise search capabilities across dozens of CRM, ERP, ECM, messaging, and collaboration systems, and delivers rich document preview and assembly tools that empower knowledge workers to act upon search results with greater speed and effectiveness.

About Milestone Venture Partners

Milestone Venture Partners is a venture capital fund located in New York City with $100 million under management.  Milestone specializes in early-stage software and data services investments in Greater New York.  Areas of expertise include enterprise information technology, Digital Health, media, marketing services and FinTech. For more information, visit www.milestonevp.com.

About Originate Ventures

Originate Ventures is a venture capital investment firm, targeting early stage product and services companies located in Pennsylvania and the Mid-Atlantic region. The firm focuses on opportunities with medical devices, healthcare, consumer, information technology, Web-based and commercial products. Operating with an entrepreneurial spirit and vision, Originate’s investments range in size from $500,000 to $4,000,000. For more information, visit www.originateventures.com.

About Osage Venture Partners

Osage Venture Partners (OVP) is a venture capital firm located just outside of Philadelphia, Pennsylvania, that invests in early-stage enterprise technology companies in the Mid-Atlantic region. OVP raised its first fund in 2005, and has invested almost exclusively in enterprise software companies since that time. With over $100M under management, OVP seeks to invest in determined and creative entrepreneurs and provide them with the assistance required to build high growth businesses. For more information, visit www.osagepartners.com.

About Paladin Capital Group

Paladin Capital Group is a leading multi-stage private equity firm providing capital and strategic guidance to growing companies in the IT, telecommunications and alternative energy sectors.  The firm focuses on companies with products and services that are “dual use” in nature, serving both commercial and government customers. Paladin has over $950 million dollars of committed capital across multiple funds and has invested in over 50 portfolio companies. For more information, visit www.paladincapgroup.com.

For information, contact:

Laura Sankowich

VP of Marketing at BA Insight

lsankowich@bainsight.com

646-786-8562

 

Rachel Holmes

Corporate Communications Manager at BA Insight

rholmes@bainsight.com

646-786-8556

Micro Interventional Devices, Inc. Closes First Tranche of $5 Million Series B Financing

Proceeds to Fund Enhancement and CE Mark Approval of the Permaseal(TM) Transapical Access and Closure Technology

Bethlehem, PA – January 14, 2013 – Micro Interventional Devices, Inc.™ (MID), an emerging cardiovascular medical device company, announced today it has secured $3.5 million of its expected $5 million Series B financing. The initial tranche was led by Originate Ventures with existing investor, Battelle Ventures, LP, also participating in the round. In conjunction with the financing Mike Gausling, Managing Partner of Originate Ventures, will join the MID Board of Directors.

The funding will be used to support the ongoing development of the Permaseal™ product, advance the STASIS clinical study (Sutureless Transapical Access and Closure Study) and obtain CE Mark approval for Permaseal. The funding will also support MIDʼs research and development initiatives focused on developing its percutaneous transapical and large bore femoral access and closure devices.

“The market for transcatheter aortic valve implantation is expected to grow rapidly over the next several years as innovation continues to improve and simplify the procedure,” said Mike Gausling, Managing Partner of Originate Ventures. “Originate Ventures believes that Permaseal represents a significant opportunity given these market dynamics. I am excited to be joining MIDʼs Board of Directors and to work with management to ensure the successful clinical and commercial development of this revolutionary access and closure technology.”

Permaseal is the first transapical access device to enable true “self-sealing,” sutureless cardiac access and closure. The device is designed to enable a range of structural heart repair procedures including transcatheter aortic valve implantation (TAVI) and mitral valve replacement and repair.

“Closing the first tranche in our Series B, and the addition of Mike Gausling to MIDʼs Board, are key milestones in the growth of MID and ongoing development of Permaseal,” stated Michael Whitman, President and CEO of MID. “As TAVI becomes more widespread there is a critical need for efficient cardiac access and closure devices. We believe the Permaseal platform is a true game-changing technology, and we look forward to completing the STASIS trial and securing CE Mark in order to fulfill this unmet therapeutic need.”

About Micro Interventional Devices, Inc:
Micro Interventional Devices, Inc. (MID) is an emerging cardiovascular medical device company founded in May 2010. MID is developing solutions for transcatheter aortic valve implantation (TAVI), transcatheter mitral valve replacement and repair and other emerging structural heart repair procedures. The company is developing proprietary technology based on a breakthrough in soft-tissue anchoring and associated delivery devices that enable off-pump procedures. To learn more, please visit www.microinterventional.com.

Company Contact:
Micro Interventional Devices, Inc.
Katherine Whitman
Marketing Communications Manager
kwhitman@microinterventional.com

Media Contact:
Tiberend Strategic Advisors, Inc.
(212) 827-0020
Claire Sojda
csojda@tiberend.com

Retail Technology Firm Natural Insight Teams with Snack Box USA to Debut Groundbreaking Workforce Management Solution

Quick Serve Restaurant with locations in Walmart, deploys system
that leverages Secure iPads, Square and cloud based workforce management

NEW YORK, NY, January 14, 2013 — Natural Insight®, a private retail technology company engaged in workforce management, announced today at the National Retail Federation’s 102nd Annual Convention and Expo that in conjunction with QSR customer Snack Box™, it has introduced a groundbreaking workforce management system for remotely managing staff, in-store procedures and daily activities.

The system is notable in that it leverages and integrates new and low-cost technologies, to include secure in-store iPads®; Square™ for cash management and credit card processing; remote device configuration and control; and staff scheduling, timekeeping and task management. In-store “out-of-the-box” deployment can take less than 30 minutes.

Stefan Midford, CEO of Natural Insight stated that “this was the perfect match of a retail industry segment (QSR) seeking improved methods for deploying new technologies into stores, and our firm, that prides itself in offering customers significantly reduced capital investment and shorter lead times than ever seen before.”

Snack Box has opened the first of many planned locations inside Wal-Mart stores and selected Natural Insight as its preferred workforce management solution. This allows centralized oversight of in-store retail execution activity, improved accuracy, accountability and deeper understanding of real-time activity. The new system provides an easily accessed, touch screen communication link to workers that aids in speeding numerous in-store work processes.

Snack Box CEO David Hoodis, an industry veteran, stated that “our ability to deploy quickly and effectively was enabled by working with a single provider of integrated services. Natural Insight brought us not only meaningful innovation in a compressed timeline, but teamed us with an exceptional and professional staff.”

With planned locations in Walmart stores nationwide, a simple unified platform that allowed a consistent level of high quality service across all restaurants was important. All stores receive identical systems, identical training and identical look and feel ensuring that the experience in each store is the same.

In addition to its fully managed and hosted solution, Natural Insight reduces the burden on IT by providing all staging, configuration, and on-going monitoring of the iPads. Delivering on its promise of out-of-the-box task management, Natural Insight can setup the iPads and ship them to stores fully equipped with secured mounts, instructions, and everything the store manager needs to get up-and-running in minutes.

Natural Insight customers benefit from a centralized database across all stores and an ability to drill down to specific activity status that includes verification of work completed as well as outstanding tasks remaining. In addition, retailers are now equipped to provide guidance and work tasks for the day. With careful attention to the user experience and testing of usability Snack Box is able to quickly grow without the need for extensive training or support.

About Snack Box

Snack Box, with planned locations within many Walmart stores, is a quick service restaurant (QSR) that was built from the ground up with 100% focus on putting the customer first. The company operates with a staff of “snackologists” that put an emphasis on quality, service, efficiency and flexibility. Headquartered in Bentonville, Arkansas, Snack Box LLC has teamed with some of the best designers in the industry to identify superior and efficient technologies for food preparation and delivery, allowing for freshness all day. Store managers grow to own equity in the company. Visit www.snackboxusa.com.

About Natural Insight

Natural Insight is a private retail technology company with a distinguishing feature – outstanding user loyalty to the product. The company’s innovative, cloud-based platform significantly improves sales, reduces overhead and provides real-time workforce activity feedback that motivates high performance. Through an integrated suite of solutions focused on scheduling, task management, data reporting and timekeeping, large numbers of workers are empowered to complete assignments with significantly less effort. Providing services across a broad cross-section of the retail industry, Natural Insight is used by major retailers and servicing companies to improve execution and manage in-store merchandising, assisted sales, magazine and book distribution, product demos, and store audits. Visit www.naturalinsight.com.

iPad is a registered trademark of Apple, Inc.
Walmart is a registered trademark of Walmart Stores Inc.
Square is a trademark of Square, Inc.
Snack Box is trademark of Snack Box USA.

Media Contacts:
Stefan Midford, President & CEO
Natural Insight
smidford@naturalinsight.com
800-961-5203

David Hoodis, CEO
Snack Box
David.Hoodis@snackboxusa.com
479-464-4663

FSA STORE CLOSES MORE THAN $2 MILLION FINANCING

FSAstore.com Closes More Than $2 Million Financing

Second round financing led by Originate Ventures includes additional investment from previous investors Point Judith Capital and the Lang Fund of Columbia Business School

NEW YORK, Oct. 9, 2012 /PRNewswire/ — FSAstore.com, the only e-commerce site exclusively stocked with Flexible Spending Account (FSA) eligible products and services, closed its second round financing of more than $2 Million. The financing, led by Originate Ventures, includes investment from previous investors Point Judith Capital and Columbia Business School Lang Fund, as well as additional angel investors.

The funding will be used to accelerate sales, marketing and development initiatives, as the company continues to expand to meet growing consumer demand for its products and services. FSAstore.com enables consumers with Flexible Spending Accounts to use their tax-free dollars to purchase more than 6,000 healthcare products and browse hundreds of services directly from the website. FSAstore.com partners directly with FSA Administrators (TPAs) to make a wide range of health products, tools, and services directly available to FSA holders.

“We are thrilled that Originate Ventures, a leading early stage investor in the healthcare sector, is joining our existing investors in our latest financing round, which will provide us with the resources necessary to expand our operations to meet the rapidly growing demand for our products and services,” said Jeremy Miller, FSAstore.com founder and president.

“In just two years FSAstore.com has shown impressive results in the development of its TPA network, new product initiatives such as their prescription service, and strong customer satisfaction and retention,” said Glen Bressner, Managing Partner at Originate Ventures. “We look forward to our partnership and to helping the company build toward the next stage of service to TPAs and consumers.”

“The ability to use FSA tax-free income to purchase thousands of high quality healthcare products and services is a tremendous advantage for consumers and an important opportunity for TPAs to meet plan member needs, especially during tough economic times,” said David Martirano, co-founder & general partner at Point Judith Capital. “FSA Store is ideally positioned to expand operations as interest in this purchasing option continues to expand, and we are committed to their long term success.”

About FSAstore.com

FSAstore.com is the only one-stop-ecommerce site exclusively stocked with FSA eligible products and services, eliminating the guesswork regarding what is reimbursable by an FSA. Consumers who have Flexible Spending Accounts can access more than 6,000 high quality FSA eligible products, in addition to FSA eligible services and much needed information through our FSA Learning Center. FSAstore.com accepts all FSA and major credit cards, offers 24/7 customer service, one-to-two-day turnaround for all orders, and free shipping on orders $50+. In addition there is no need to submit receipts for consumers who purchase products on FSAstore.com using an FSA card.

About Originate Ventures

Originate Ventures is a venture capital investment firm, targeting early stage product and services companies located in Pennsylvania and the Mid-Atlantic region. The firm focuses on opportunities with medical devices, healthcare, consumer, information technology, Web-based and commercial products. Operating with an entrepreneurial spirit and vision, Originate’s investments range in size from $500,000 to $4,000,000.

We believe our brand building techniques and experience uniquely permit us to accelerate growth and reduce additional capital rounds, allowing founding entrepreneurs to retain more ownership. Our almost three decades of experience, in over 60 categories, also allows us to better identify and assist in creating strong brands. Finally, we take pride in being entrepreneurs first, though the partners have strong track records as business owners and management consultants. http://www.originateventures.com.

About Point Judith Capital

Point Judith Capital (PJC) is a leading early stage venture capital firm based in Boston, MA. The firm focuses on three rapidly growing sectors rich with innovation: Clean Technology, Internet Technology, and Healthcare Technology. Building positive and collaborative relationships with portfolio company management, the Point Judith Capital Partners take a hands-on approach to investing. PJC’s investment approach is based on the core belief that with the right capital and support, great entrepreneurs can build market-leading companies. For more information about Point Judith Capital visit www.pointjudithcapital.com.

Data Reveals User Engagement As Today’s Most Powerful Force in Company Growth

Survey by Retail Workforce Management Firm Natural Insight Demonstrates New Critical Success Factor

STERLING, Va. — September 11, 2012 –(BUSINESS WIRE)– Natural Insight, a private retail technology company engaged in workforce management, today announced significant findings in the correlation of user engagement and customer loyalty to company success and growth. In its recent survey, over 84% of users maintain that a workforce management solution cannot be effective without employee support — a compelling statistic that reflects the growing influence of software users on purchase decisions in an increasingly social media world.

Concurrent with the rise in social media and the wide sharing of experience that it allows, corporate enterprises can no longer purchase and implement software technologies in isolation from the users of that technology. When users themselves embrace the technology, superior levels of efficiency and productivity are the result. In this regard, user influence now appears to have reached a tipping point as a critical success factor in corporate purchase decisions.

In a direct correlation to business results, Stefan Midford, President and CEO of Natural Insight stated that “a high level of user engagement is clearly driving our own corporate success: 93% of our users proclaim their support of our product in daily work processes while our most recent quarterly corporate results delivered record revenue growth of 56 % over the prior year. By improving user engagement, we have achieved an extremely high level of user loyalty, and it has become a major differentiator in our marketplace.”

Supporting the powerful impact of employee engagement, Gallup states that organizations with engaged employees show a 3.9x greater EPS compared to low engagement organizations in the same industry. Additionally, KPMG studies show that engaged employees are 87% less likely to leave the organization than those disengaged.

Technology engagement and support from users is no accident. Best practice software development now deliberately embeds features that grab attention, provides real-time feedback on actions and rewards users for high performance and the achievement of milestones. One discipline that has shown rapid growth in software development is the concept of gamification that taps into behavioral patterns users are already familiar with, such as visually appealing interfaces, self learning, graphic success measurement and social interaction.

Effective user engagement has appeal across borders. Natural Insight continues to grow internationally with the addition of new customers in Canada and the Caribbean, sales partner CACI in the UK and the recent addition of German to the list of supported languages. All new customers cite positive user experience as a deciding factor.

The Natural Insight study on user engagement produced significant responses from a statistically valid sample of well over 1,900 users.

About Natural Insight

Natural Insight is a private retail technology company with a distinguishing feature – outstanding user loyalty to the product. The company’s innovative, cloud-based platform significantly improves sales, reduces overhead and provides real-time workforce activity feedback that motivates high performance. Through an integrated suite of solutions focused on scheduling, task management, data reporting and timekeeping, large numbers of workers are empowered to complete assignments with significantly less effort. Providing services across a broad cross-section of the retail industry, Natural Insight is used by major retailers and servicing companies to improve execution and manage in-store merchandising, assisted sales, magazine and book distribution, product demos, and store audits.

www.naturalinsight.com

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50399699&lang=en

Contacts

Natural Insight
Stefan Midford, 800-961-5203
smidford@naturalinsight.com

Natural Insight Adds Former Wal-Mart and Modell’s Exec to Advisory Board

Retail Innovation Expert David Hoodis Accepts Advisory Role; Timing Coincides with Acceleration of Workforce Management Firm in Retail Markets

STERLING, Va.–(BUSINESS WIRE)– Natural Insight, a private retail technology company engaged in workforce management, today announced the addition of David Hoodis to its corporate advisory board. A former Wal-Mart and Modell’s Sporting Goods executive, Hoodis is a recognized expert in retail innovation and workforce efficiency. The addition to Natural Insight’s advisory board comes at a time of rapid company expansion in retail markets.

In making the announcement, Stefan Midford, President and CEO of Natural Insight stated that “We feel privileged to have access to David’s respected experience in workforce innovation. His success with numerous leading retailers brings us an added perspective that enables us to stay even further ahead of market need.”

Hoodis remarked that “I have always enjoyed working with companies and products that provide best-in-class solutions. Natural Insight is truly one of those companies with workforce tools second to none in the industry and in providing real value to retailers.”

David Hoodis has served in the number two position at Modell’s Sporting Goods as Executive Vice President. Modell’s is one of the largest sporting goods retailers in the U.S., boasting 151 stores in 10 states and Washington, DC and with over 4,000 associates employed. He also draws upon eight years of experience with Wal-Mart Stores, where as a corporate officer he spanned many roles, to include US store operations where he had responsibility for all day-to-day initiatives, strategic planning and direction, field communication and customer service.

Hoodis joins current advisory board members John Henderson, Rich Moore and John Estrada, all experienced thought leaders in the growth of business technology firms.

About Natural Insight

Natural Insight is a private retail technology company with a distinguishing feature – outstanding user loyalty to the product. The company’s innovative, cloud-based platform significantly improves sales, reduces overhead and provides real-time workforce activity feedback that motivates high performance. Through an integrated suite of solutions focused on scheduling, task management, data reporting and timekeeping, large numbers of workers are empowered to complete assignments with significantly less effort. Providing services across a broad cross-section of the retail industry, Natural Insight is used by major retailers and servicing companies to improve execution and manage in-store merchandising, assisted sales, magazine and book distribution, product demos, and store audits.

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