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San Francisco, CA April 19, 2006 DAVID
Corporation, a leading provider
of claims management solutions, today announced the appointment of H. Alex Aminian
as president and chief executive officer. David Corporation is a wholly-owned subsidiary
of HALO Technology Holdings (OTCBB: HALO).Mr. Aminian is a seasoned
executive with more than 22 years of senior-level experience,
developing enterprise software solutions for Fortune 1000 companies. Most recently, he
served as the senior vice president and chief technology officer of Insurity, a
ChoicePoint
company, providing software solutions and services to the property & casualty
insurance
market. Mr. Aminians accomplishments include strengthening organizations and
customer relationships, building top-performing teams and state-of-art systems,
developing product and technology vision and aligning those strategies with the business
objectives and identifying new market opportunities. He has held senior and executive
positions in a variety of multi-billion dollar companies including Intergraph, Hyperion,
Priceline.com, Divine and Insurity.
At DAVID, Mr. Aminian will focus on growing the business through increasing
customer
satisfaction, enhancing the technology platform, providing sales and marketing
leadership, and identifying new strategies that build value for DAVID customers and
further penetrate the market with its claims management solutions.
Were delighted to have a business technology executive of
Alexs caliber join DAVID
at this dynamic time within the insurance market, said Mr. Bienvenu, chairman and
chief executive officer of HALO Technology Holdings. Since 1984, DAVID has
provided value to its customers by consistently delivering risk management information
solutions that solve real-world customer problems. By leveraging Alexs leadership,
staunch commitment to customers, and business acumen, we expect to usher in the next
chapter of growth and innovation in DAVIDs storied history. His record of assembling
top performing teams, delivering market leading software solutions and leading
financially stable, customer-centric organizations will serve us well as we build our
insurance risk management companies.
DAVIDs well-established customer base, feature-rich claims
management solutions
and market recognition provide a solid foundation on which to build and grow the
company, said Mr. Aminian. I am excited about the potential to drive the
growth for
DAVID through a combination of product innovation, new technology infusion, strong
partnerships, and targeted acquisitions. With over 20 years of customer excellence, I
believe DAVID is keenly positioned to enhance its technology and product offering to
further empower its customers to become more efficient in the Risk Management arena.
Mr. Aminian received his undergraduate degree in Civil & Environmental Engineering
from Utah State University and his MS in Civil Engineering from Louisiana State
University.
About DAVID Corporation
DAVID Corporation has led the risk management information systems industry by
developing and supporting superior software products designed for self-insured,
selfadministered
organizations and third-party administrators (TPAs) since 1984. As an
industry leader, DAVID consistently offers flexible, powerful systems to handle multiple
lines of business including workers compensation, general liability, property and
casualty, automotive and marine claims. At DAVID Corporation we seek to simplify the
process of managing claims while offering our clients powerful reporting, data analysis
and imaging capabilities, along with a full-service solution to risk management. These
services include, dedicated account managers, comprehensive on-site training and quality
software support.
For further information, visit DAVIDs website at www.davidcorp.com.
About HALO Technology Holdings
HALO Technology Holdings, Inc. is a global provider of a diversified range of
standardsbased
enterprise software applications and on-demand solutions. HALO's strategy is to
acquire and operate enterprise software companies with a commitment to sustainable
growth. HALO portfolio companies focus on customer service, product quality and
profitability to build long term customer relationships and ensure customer satisfaction
today and into the future. Everyday, thousands of corporations and institutions from
across the globe rely on our portfolio companies to deliver high quality, enterprise class
software and services. For more information, please see our website at
www.haloholdings.com.
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