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Page 1: cleverbridge Expands Management Team€¦ · CLEVERBRIDGE EXPANDS MANAGEMENT TEAM Dr. Oliver Breme Hired to Join E-commerce Service Provider as Chief Financial Officer and General

CLEVERBRIDGE EXPANDS MANAGEMENT TEAM

Dr. Oliver Breme Hired to Join E-commerce Service Provider as Chief Financial Officer and General Counsel

Cologne, Germany, September 23, 2009 – cleverbridge, a provider of advanced e-commerce solutions, today announced that it has hired Dr. Oliver K. Breme as Chief Financial Officer and General Counsel. An adviser to cleverbridge since the company’s inception, Dr. Breme officially began his new role on September 1st, 2009. “Oliver brings a diverse set of skills and a unique perspective that complements our existing management team,” said Christian Blume, CEO, cleverbridge. “With a strong e-commerce, business, and technology background, work experience at one of the world’s leading technology laws firms and in-depth knowledge of U.S. and German law, he will play an increasingly important role in helping cleverbridge navigate international business and legal challenges. We’re excited to have him on board.” Prior to joining cleverbridge, Dr. Breme worked for several years in the Silicon Valley offices of Cooley Godward Kronish LLP, a premiere technology law firm, where he focused on mergers and acquisitions, international taxation, technology transactions and intellectual property, and counseled clients on a variety of issues related to their e-commerce, IT outsourcing, and Web 2.0 businesses. Dr. Breme started his career as a founding member of an IT security company that specializes in smartcard-based electronic signature and encryption technologies for the validation of financial transactions and invoicing documents in accordance with international taxation standards before joining a leading e-commerce provider to work on the expansion of the business into different verticals. As part of cleverbridge’s management team, Dr. Breme will oversee the company’s financial and legal functions and he will work closely with cleverbridge’s German and U.S. offices, as well as clients, prospects and vendors. Dr. Breme holds a Ph.D. from the School of Law and Economics of the University of Bonn, Germany, and a degree in Law, Science & Technology from Stanford Law School. About cleverbridge cleverbridge helps software companies implement, manage and optimize their global online sales and marketing initiatives. With an advanced e-commerce platform and the industry’s first downloadable management application, the Commerce Assistant, cleverbridge offers worldwide online transaction processing, real-time sales reporting, complete checkout process customization, partner and affiliate management, fully integrated multivariate testing capabilities, robust marketing tools, multilingual order support and premier fraud protection. Together, these services and features help companies improve efficiencies, reduce costs, and maximize online sales. Founded in 2005 by a team of seasoned industry professionals, cleverbridge is headquartered in Cologne, Germany and has an office in Chicago, Illinois. For more information, please visit www.cleverbridge.com.

Page 2: cleverbridge Expands Management Team€¦ · CLEVERBRIDGE EXPANDS MANAGEMENT TEAM Dr. Oliver Breme Hired to Join E-commerce Service Provider as Chief Financial Officer and General

Media Contact cleverbridge AG +1 (312) 922-8693 x292 [email protected]