Update: Dev Ganesan Appointed President and CEO of Aptara, Inc.

SOURCE:

Aptara

2008-07-17 11:13:00

Update: Dev Ganesan Appointed President and CEO of Aptara, Inc.

Additional Financial Commitment Received From American Capital, Ltd.

FALLS CHURCH, VA–(EMWPresswire – July 17, 2008) – Aptara, Inc., a global leader in

integrated content transformation solutions, today announced that Mr. Dev

Ganesan has been named the company’s President and Chief Executive Officer.

“Since joining Aptara’s board in January 2007 and his subsequent addition

to the company’s management team later that year, Dev has had a significant

impact on the various elements of the company’s operations and created a

sense of excitement throughout the company,” said Mr. Steven Stubitz, a

Principal with American Capital Ltd. (NASDAQ: ACAS) and a member of

Aptara’s board of directors. “Dev’s straightforward approach has won the

respect of employees, customers and the marketplace and I look forward to

many years of success for Aptara under his leadership.” Aptara is a

portfolio company of American Capital.

Prior to becoming a member of Aptara’s management team, Mr. Ganesan was CEO

of Intelliworks, Inc., a CRM software company, and TRADOS, Inc., a

globalization software company. Previously, Mr. Ganesan was executive vice

president and chief financial officer of Advance Communication Systems,

Inc., a $220 million IT services company. He played a key role in ACS’ IPO

and follow-on offering and was responsible for completing five strategic

acquisitions over a three year period.

“The content transformation services space is dynamic and fast-evolving,”

said Mr. Ganesan. “There is huge potential for almost every organization,

regardless of industry, to leverage our technology for competitive

advantage. I am excited about leading the company as it enters its next

phase of growth and expansion.”

The company also announced that American Capital has made an additional

financial commitment to the company. Aptara will use the additional funds

to finance growth both in the United States and overseas.

About Aptara

Aptara delivers technologically advanced and integrated content

transformation solutions that enable customers to unleash the value of

their content and uncover new revenue opportunities. Aptara delivers full

life-cycle content management services — content capture, digitization and

distribution — to leading publishers and Fortune Global 500 companies.

Aptara also provides solutions to financial institutions, information

aggregators, professional societies, government agencies, universities,

libraries, and the automotive, petrochemical and pharmaceutical industries.

Headquartered in Falls Church, Virginia, the company serves customers

around the globe from ISO certified facilities and employs more than 3,500

people worldwide. Aptara has 9 offices across the United States, India,

United Kingdom and Australia. For more information on Aptara and its

services please visit www.aptaracorp.com.