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Invesmart, Inc. Names Michael Keller as Chief Information
Officer
Seasoned CIO to Drive Innovative Technology for Retirement
Financial Services Company
Pittsburgh, PA (September 26, 2000) — Invesmart (www.invesmart.com),
a full-service retirement financial services company with offices
nationwide today announced the hiring of Michael Keller as Chief
Information Officer (CIO).
Mr. Keller has more than 25 years experience in strategic and operational
information management, network systems, data systems design and
development as well as information products marketing. His previous
experience includes Tanning Technology Corporation where he was
senior executive for the global IT consulting firm. During his tenure
with Tanning, his responsibilities included: acting CIO for the
retail division of a worldwide Internet trading company and account
management duties for a variety of other clients, such as E*TRADE,
Ameritech, Excel Communications and Bonari, SA. Mr. Keller also
held executive management positions with DMW Worldwide, Standard
& Poor's and Dun & Bradstreet.
"Invesmart's goal is to lead the industry with innovative technology
that streamlines retirement plan design and administration —
combined with integrated directed accounts and brokerage capabilities,"
said Jeb Britton, Chairman and CEO of Invesmart. "Mike's expertise
will be vital to the strategic implementation of our mission. Mike
Keller clearly stood apart from the rest of the candidates we interviewed.
His extensive financial services, brokerage and Internet experience
figured prominently in our decision."
"This is an exciting time to be in the financial services industry
— particularly retirement financial services," said Mr. Keller.
"Invesmart has a compelling story for the industry today. I am thrilled
to become a part of this dynamic organization."
Mr. Keller holds a B.S. in Management Information Systems and Environmental
Science from the University of Northern Colorado. In addition to
his other work experience, he also served in the U.S. Air Force
from 1968 to 1972.
"Mike Keller brings a vast amount of industry experience to Invesmart,"
said Scott Russell, principal managing director of SOFTBANK Venture
Capital. "The addition of such a talented individual greatly complements
the experienced management team."
About Invesmart
Invesmart, established in 1999 and headquartered in Pittsburgh,
PA, is a full service retirement financial services firm with offices
nationwide — combining Internet technology with the expertise
of professionals, enabling companies to help their employees invest
successfully for retirement. Invesmart offers an unmatched, objective
selection of investment choices and supports all retirement plan
types, all easily accessed through 13 offices nationwide or through
state-of-the-art Internet capabilities. Invesmart's goal is to help
employers and employees to invest smart so they can retire right.
With over $9 billion in assets under administration, Invesmart is
rapidly growing and now represents over 6,200 retirement plans and
487,000 plan participants. Invesmart is backed by SOFTBANK, Investor
AB Venture Capital, Crosspoint Venture Partners and Mellon Ventures
and has an agreement with Morningstar Associates, LLC to provide
investment advisory services through Morningstar ClearFuture(SM).
To learn more about the company, please visit us at www.invesmart.com
or call 1-888-888-0076.
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Press Contact
TowersGroup
(212) 354-5020

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