Instem plc Appointment of VP Global Sales
October 09 2013 - 2:00AM
RNS Non-Regulatory
TIDMINS
Instem plc
09 October 2013
RNS Reach
9 October 2013
Instem plc
("Instem", the "Company" or the "Group")
Appointment of VP Global Sales
Instem plc (AIM: INS.L), a leading provider of IT applications
to the global early development healthcare market, announces that
it has appointed Edward Lorenti as its new Vice President of Global
Sales.
Based in the US, Mr Lorenti has responsibility for global sales,
bringing together the current teams of sales professionals for each
business unit and the strong existing account relationships. His
focus will be on growing market share in existing segments and
opening up new areas with the Company's broadening product set. The
new position will strengthen Instem's ability to address continued
global demand for integrated solutions, as the Company continues
its organic and acquisitive expansion within the early development
market.
Mr Lorenti has over 24 years' sales and business development
experience within organisations providing enterprise software
products and solutions in the life sciences industry. His extensive
sales and sales management experience has been demonstrated with
both mature and emerging products introduced both organically and
through acquisitions.
Mr. Lorenti joins Instem from the technology solutions division
of Accenture, which he joined in 2012 through its acquisition of
Octagon Research Solutions where he was responsible for the
enterprise content management and submission software platform
serving pharmaceutical and biotechnology clients worldwide.
Phil Reason, CEO of Instem plc, commented: "We are delighted
that Ed has joined Instem in this strategically important role at
this stage of the Company's evolution. The appointment of a senior
sales manager with vast international experience in the sector is
key to aligning our global sales organisation across Instem's four
distinct product ranges. We look forward to working with Ed in
delivering further business success, as we meet the increasing
needs of our clients to purchase integrated software
solutions."
For further information, please contact:
Instem plc +44 (0) 1785 825 600
Phil Reason, CEO
Nigel Goldsmith, CFO
N+1 Singer (Nominated
Adviser & Broker) +44 (0) 20 7496 3000
Richard Lindley / Aubrey
Powell
Newgate Threadneedle +44 (0) 20 7653 9850
Fiona Conroy
Caroline Evans-Jones
Jasper Randall
About Instem plc
Instem is a leading supplier of IT applications to the early
development healthcare market delivering compelling solutions for
data collection, management and analysis across the R&D
continuum. Instem applications are used by customers worldwide,
meeting the rapidly expanding needs of life science and healthcare
organisations for data-driven decision making leading to safer,
more effective products.
Instem's established portfolio of software solutions increases
client productivity in drug development by automating study-related
processes and enabling high integrity data sharing. The product
suite also offers the unique ability to generate new knowledge
through the extraction and harmonisation of actionable scientific
information.
Instem supports its clients through full service offices in the
United States, United Kingdom and China with additional locations
in India and a full service distributor based in Japan.
To learn more about Instem solutions and its mission, please
visit www.instem.com or its investor centre
http://investors.instem.com/
This information is provided by RNS
The company news service from the London Stock Exchange
END
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