Long-time ATG Veteran Takes New Role; Co-founder Joe Chung to Remain Active on the Board of Directors
CAMBRIDGE, Mass., - October 8, 2002 - ATG (Art Technology Group, Inc.,
Nasdaq: ARTG), a leading developer of online CRM applications for commerce,
portals, and relationship management, today announced the appointment of
Fumi Matsumoto as CTO effective immediately. Joe Chung, co-founder and
former CTO, will remain as a director of ATG.
"Fumi`s solid leadership has been instrumental in helping to transition ATG
into a leader in online CRM," said Paul Shorthose, CEO, president and
chairman of the board, ATG. "With Fumi`s guidance over the past year, we
have reached several technology milestones including our multi-application
server strategy and recently announced flagship ATG6, which integrates key
publishing, search, integration and analytic capabilities."
For the past ten years, Matsumoto has worked alongside Chung and Chief
Strategy Officer Jeet Singh and was a key contributor to making the
organization one of the world`s leading developers of online CRM
applications. As CTO, Matsumoto will drive ATG`s product vision in concert
with an exceptional engineering organization and superior product marketing
and management organization.
"As one of the founding members of ATG, Fumi really has helped define the
company and grow the products to where they are today," said Joe Chung,
director and former CTO of ATG. "From a technology standpoint, Fumi has the
proven ability to deliver products with the necessary vision to help ATG
grow."
About ATG
ATG (Art Technology Group, Inc.) is the leading developer of online CRM
applications that deliver an integrated, personalized experience for
customers, partners and employees: the frontline of every business.
Customers around the globe rely on ATG for the frontline applications that
help build and manage mutually beneficial relationships. Deployed on the
industry`s most popular application servers, ATG`s application suites for
e-commerce, portals, and relationship management are ideal for integrated
e-business initiatives across the enterprise.
Today, ATG has delivered e-business solutions to blue-chip companies
worldwide including Aetna Services Inc., Alcatel, American Airlines,
Barclays Global Investors, BMG Direct, Eastman Kodak, Ford Motor Credit,
HSBC, J.Crew, Sun Microsystems, USDA, U.S. Army, Walgreen Company, and Wells
Fargo. The company is headquartered in Cambridge, Massachusetts, with
additional locations throughout North America, Europe, and Asia. For more
information about ATG, please visit our Web site at www.atg.com
.
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©2002 Art Technology Group, Inc. ATG, Art Technology Group, the Techmark
and the ATG Logo are registered trademarks of Art Technology Group, Inc. All
other trademarks are the property of their respective holders. NASDAQ:ARTG
This press release contains forward-looking statements for purposes of the
safe harbor provisions under The Private Securities Litigation Reform Act of
1995. These statements involve known and unknown risks and uncertainties
that may cause ATG`s actual results, levels of activity, performance or
achievements to be materially different from any future results, levels of
activity, performance or achievements expressed or implied by such
forward-looking statements. Important risk factors affecting ATG`s business
generally may be found in its periodic reports and registration statements
filed with the Securities and Exchange Commission. Specific risk factors
related to this press release include the possibility that Mr. Matsumoto
will not remain in his new position, that ATG6 will not be released, either
in a timely manner or at all, and that Mr. Chung will not remain affiliated
with ATG.
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