Steelwedge Appoints Mark Tisdel as CFO

Online, April 20, 2012 (Newswire.com) - Steelwedge, the leader in cloud-based sales and operations planning (S&OP) solutions, announced that Mark Tisdel has joined Steelwedge as the company's Chief Financial Officer.

A 20-year veteran in global finance, Mr. Tisdel brings to Steelwedge an extensive background in fast-growth software and high-tech business. In this new role, he will oversee Steelwedge's financial strategy and oversight, tapping his broad skill base which includes capital growth, strategic planning, budgeting, forecasting and reporting, and mergers and acquisitions.

Tisdel has held CFO and finance leadership roles at companies ranging from Peoplesoft and GTE Mobilnet to Selectica, Model N and Spigit. In addition, he has played an integral role in expanding global operations, including his most recent role as CFO at Spigit raising capital and growing the business footprint globally.

A graduate of the Babcock Graduate School of Management at Wake Forest University, Tisdel is also a Certified Public Accountant, State of New York.

"As strong global demand fuels our growth trajectory, it is the perfect time to add Mark to our management team," said Steelwedge CEO, Glen Margolis. "His wealth of strategic financial and global operations experience is a perfect match with our business internally, and also adds great perspective to our deep domain expertise in business planning."

"Steelwedge is the leader in cloud-based S&OP and has a great addressable market. I look forward to participating in its next phase of growth." said Mr. Tisdel.

About Steelwedge
Founded in 2000, Steelwedge is the leading Integrated Business Planning solution provider. Steelwedge's cloud-based Sales & Operations Planning (S&OP) software solutions connect people, process and technology to power a single view of a company's business. In a volatile global business environment, that single line of sight powers reliable "what if" scenario modeling that pinpoints the financial impact of supply-demand trade-off decisions. Some of the world's largest companies including Sony, Lenovo, MetroPCS, DIRECTV and Emerson trust Steelwedge to help them mitigate risk and rapidly adapt to global economic, political and environmental change through best-in-class S&OP. Visit www.steelwedge.com.