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January 20, 2003
London, UK -- Royce Murphy has been appointed CEO ofNexagent, a leading provider of software that automates and optimisesthe design, implementation and assurance lifecycle of multi-carrier wide area networks (WANs). He will be taking over from the company founder, Charlie Muirhead, who will remain as President of Nexagent with overall responsibility for marketing, business strategy and solution roadmap. Murphy has over 25 years of management experience in both leading NASDAQ quoted technology companies as well as start-up businesses. He joins from FileNET, a $350 million business process management and content management software vendor, where he was Senior Vice President for the EMEA region. Prior to this he was CEO of PeopleDoc Ltd., a UK-based venture capital backed start-up that developed software for document and process collaboration in corporate finance. Murphy has also held senior positions at Eastman Software and Hewlett-Packard. He holds an MBA from Harvard and a Bachelor of Science degree in engineering. Royce Murphy said: "I'm very excited to join Nexagent at such a crucialstage in the company's development. Nexagent's technology andmethodology enable its customers to obtain customised global datanetworks. Best-fit telecom carrier services from around the world areselected and combined to deliver a wide area network (WAN) solution thatis cost effective and secure and offers the geographical coverage eachcustomer requires. The evolution of the telecommunications market,Nexagent's unique offering, and the increasing demand from globalenterprises for high quality WANs provide an outstanding opportunity to create sustainable advantage."Murphy added, "I will act as the company's chief 'get it done' officerwith Charlie Muirhead still driving Nexagent's strategy and direction inhis role as President. My experience in securing venture capitalinvestment, implementing a new business model, and generating theprofitable sale of PeopleDoc together with successfully building strongchannel partnerships throughout my career directly support our strategyto execute Nexagent's strong business model and accelerate its growth."Nexagent
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