INVISTICS Taps Scott Geller as New CEO
by Anonymous

ATLANTA, GA January 27 2004--Invistics Corporation, the leading provider of manufacturing performance management software that helps pharmaceutical, industrial equipment and high tech companies accelerate factory performance, today announced the addition of Scott Geller to its management team as President and CEO. Tom Knight, Invistics' founder and former CEO, will continue to drive the vision of the Invistics FlowPath Management System solution and interact closely with customers as the Chairman and Chief Strategy Officer .
"Invistics always planned to bring in a seasoned software exec and I'm excited that we've reached this next stage of our growth", said Tom Knight. "As a Director, Scott guided us through successfully raising our initial round of outside funding last year. Now as CEO, he will be able to share his knowledge and leadership abilities within our organization on a daily basis."

"Under Tom Knight's guidance, Invistics reached a number of milestones in its customer base, product delivery and corporate growth during 2003," remarked Fred Sturgis with H.I.G. Ventures. "With Tom's vision and Scott Geller's experience in high-growth environments, Invistics is ready to satisfy the rapidly increasing demand for solutions that improve manufacturing performance. "


During his twenty-year career, Scott Geller has founded two successful technology companies and co-founded a technology service nonprofit organization. Over the past four years, Geller co-founded and served as the Executive Director for TechBridge, a nonprofit organization that helps Atlanta-area nonprofits better serve the community by utilizing technology in their daily operations. He also recently served as Entrepreneur in Residence at the Advanced Technology Development Center (ATDC) of Georgia Tech (www.atdc.org).
Prior to TechBridge, Geller was founder and CEO of 2order.com (formerly BT Squared), a provider of quotation management and product configuration software for large manufacturers. 2order was acquired by Primus Knowledge Solutions (NASDAQ:PKSI) in a deal valued at $136 million in January 2000. Mr. Geller also founded Business Systems Design, a manufacturing systems integration company. He started his career as a manager in the systems consulting practice of Ernst & Young.

"As an investor and member of Invistics' board, I've seen manufacturers that use the Invistics solution realize inventory and cycle time reductions averaging 50%," commented Scott Geller. "I'm very excited about the company's enormous potential and the opportunity to help take Invistics to the next level."
Invistics has been a member of the Advanced Technology Development Center (ATDC) for the last two years. ATDC is a nationally recognized technology incubator that helps Georgia entrepreneurs launch and build successful companies. Headquartered at the Georgia Institute of Technology, ATDC has been recognized by Inc Magazine as one of the nation's top non-profit incubators.

"ATDC helps connect our member companies to experienced advisors, capital and talent," said Cindy Cheatham of ATDC. "As a case in point we introduced Scott Geller to Invistics and are proud to play a role in helping Invistics quickly move up the ladder of success," added Cheatham.

About Invistics Corporation
Invistics (formerly SAK Logistics) is the leading provider of manufacturing performance management software that helps pharmaceutical, industrial equipment, and high tech companies accelerate factory performance. The FlowPath Management System is comprised of nine (9) applications that improve product quality, maximize throughput, reduce cycle times, and ensure product delivery by going beyond analyzing factory information to the point of recommending a best course of action in near real-time.

By combining the talents of manufacturing veterans with operations research scholars from MIT, Invistics has overcome the obstacles of implementing advanced techniques in highly complex manufacturing environments. In addition to grants awarded by the National Science Foundation, Invistics has received funding from highly regarded investment partners H.I.G. Ventures, InterSouth Partners, Imlay Investments and Atlanta Technology Angels that are committed to the aggressive growth strategy.

Clients including tier one pharmaceutical, industrial equipment, and high tech manufacturers have dramatically improved inventory, throughput, and cycle times by using Invistics' FlowPath Management System. The Internet-native architecture allows customers to implement very quickly and begin realizing the benefits of lower inventory costs, reduced cycle times and improved on-time delivery within a month. For more information, please visit www.invistics.com or call 877-233-6442.





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