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Vindicia Names Kris Nagel VP of Worldwide Field Operations(Marketwire Via Acquire Media NewsEdge) REDWOOD CITY, CA, September 22 / MARKET WIRE/ -- Vindicia, a leading provider of on-demand payment management software, today announced the appointment of Kris Nagel as vice president of worldwide field operations. Nagel will be responsible for the overall direction and management of Vindicia's sales strategies and operations. Nagel joins Vindicia with over 20 years of sales management experience building and leading sales teams in the software and telecommunications industries. Previously, he was vice president of sales for Mu Security, where he developed worldwide sales strategies and managed operations for direct and inside sales. Nagel has also held positions as vice president of sales at SS8 Networks, Traverse Networks and Responsys, Inc. Earlier he held positions in sales management at Portal Software, culminating in his appointment as vice president and general manager of the Americas. "We're pleased to welcome Kris on board at this exciting time in our expansion," said Vindicia CEO Gene Hoffman. "As Vindicia rapidly expands its customer base, it was important to find an executive, like Kris, who could successfully scale our sales organization. With a wealth of experience in executive sales management and billing, Kris' background will prove invaluable as we continue to establish Vindicia as a leader in the online billing and fraud management market." "I'm excited to be joining a company with such a clear and compelling value proposition," said Nagel. "Subscription businesses continue to grow at a remarkable rate and Vindicia's recent success with Intuit, Symantec and FireSky speaks to the caliber of company looking to capitalize on new online market opportunities. I look forward to further expanding on Vindicia's success across a wide range of applications and industries." About Vindicia Vindicia offers an integrated, on-demand billing and fraud management solution for online merchants. Vindicia CashBox is a best-of-breed billing system for creating and managing recurring and real-time payments and helps merchants improve customer retention and maximize profit. Vindicia ChargeGuard provides automated fraud screening and chargeback management services that enable merchants to recover lost revenue. A PCI Service Provider Level 1 company and SAS 70 Type 2 audited, Vindicia is a key payment management resource for some of the best-known brands on the Internet. For more information, visit www.vindicia.com. Contacts: Rebecca Hellman CHEN PR 781-672-3145Email Contact Copyright ? 2008 Marketwire |