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4-Traders Homepage  >  Equities  >  Nasdaq  >  Covisint Corp    COVS

Delayed Quote. Delayed  - 02/09 03:59:32 pm
1.81 USD   -0.55%
02/08 COVISINT : Invests in European Operations, Appoints Nigel Clarke to ..
02/08 Covisint Invests in European Operations, Appoints Nigel Clarke to..
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Covisint Invests in European Operations, Appoints Nigel Clarke to Increase EMEA Footprint

02/08/2016 | 10:31am US/Eastern

DETROIT and LONDON, Feb. 08, 2016 (GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS), the leading Cloud Platform for building Identity and Internet of Things (IoT) applications, today announced a commitment and investment in its European operations with the appointment of Nigel Clarke, Vice President, EMEA Sales and the opening of a London office.  Covisint’s EMEA focus is to continue to invest in existing customer markets and expand into new markets by leveraging existing partnerships and Clarke’s experience.

Clarke brings over 18 years of EMEA sales, management and entrepreneurial experience in mobile, software and software-as-a-service companies to Covisint.  Previous experience includes driving multi-million dollar revenues through direct & channel sales, while building, managing and motivating teams of 100+ across multiple countries with companies such as Asure Software, Inc., Syclo (acquired by SAP), Dexterra Inc., and Nokia among others.

“The hiring of Nigel as the leader of Covisint’s EMEA region and opening an office in London is key to our global growth strategy,” said Michael Keddington, Senior Vice President, Worldwide Sales, Covisint.  “Covisint will rely on his experience in B2B, enterprise and mobile to support current and future customer needs, while also driving Covisint’s value through the hiring of qualified individuals.”

“Establishing a presence in London is vital to Covisint’s strategy in the EMEA region, it also drives a stake in the ground, clearly establishing our presence in Europe,” said Nigel Clarke, Vice President, EMEA Sales.  “Strong vertical markets such as manufacturing, show great upside and potential for Covisint to enter or expand our market share.  The region provides a multitude of opportunities for Covisint’s Cloud Platform to add value for customers, including leveraging our current partners and entering new markets.”

As part of it’s launch in the EMEA region, Covisint will be showcasing it’s Cloud Platform at London’s IoT Tech Europe event, February 10 – 11, 2016.

IoT Tech Expo Europe 2016 details:

  • Where: IoT Tech Expo Europe 2016, Olympia, London, United Kingdom
  • What: Covisint will showcase its Cloud Platform and solutions at Booth #77
  • When: Wednesday, February 10 – Thursday, February 11, 2016

In addition to sponsoring the event, Covisint will lead and participate in two panel discussions on Wednesday, February 10, 2016:

  • Topic: The Future of IoT Development, 9:50 - 10:30 am
  • Topic: Discovering the World of Connectivity – Unlocking the promise of IOT, 12:00 – 12:40 am
  • Moderator:  Nigel Clarke, Vice President, EMEA Sales, Covisint

Press and Analysts

If you are a member of the press or an analyst and would like to meet with our executives or view the Covisint Cloud Platform in action, please contact Sherbeam Wright at Sherbeam.Wright@covisint.com.

Customers and Sales Interests

If you are a customer or would otherwise like to speak to a Covisint representative, please contact Nigel Clark at Nigel.Clarke@covisint.com.

About Covisint Corporation

Covisint is the leading Cloud Platform for building Identity and Internet of Things (IoT) applications, and enables the identification, authorization and connection of complex networks of people, processes, systems and things.

Covisint's open, developer-friendly, enterprise-class Cloud Platform facilitates the rapid development and deployment of the Internet of Things (IoT), Identity Management (IdM) and Connected Supply Chain solutions - enabling customers to securely identify, authenticate and connect users, devices, applications and information.  Covisint has been successfully operating globally at enterprise scale for more than 12 years.  Today, the Covisint Platform enables more than 3,000 organizations to connect with more than 212,000 business partners and customers, and supports more than $4 billion in ecommerce transactions annually.  Learn more at www.covisint.com.

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Investor Relations Contact
866.319.7659  
investors@covisint.com

Media Contact
Sherbeam Wright
Analyst and Media Relations, Covisint
415.780.0208
sherbeam.wright@covisint.com

Leslie Cumming
Media Relations, Engage PR
+1 510 748 8200, ext 206
+1 503 997 0994
lcumming@engagepr.com

For Sales and Marketing Information
Covisint Corporation, 26533 Evergreen Road, Suite 500, Southfield, MI 48076, 800-229-4125
http://www.covisint.com

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© GlobeNewswire 2016
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