February 19, 2009
iovation Adds Max Anhoury to Executive Team
New Vice President of Sales to Drive New Business Opportunities
PORTLAND, Ore. – February 19, 2009 – iovation, the Device Reputation Authority™ for the Internet, today announced a new executive appointment. Max Anhoury has joined iovation as Vice President of Sales where he is responsible for leading worldwide sales and supporting the company’s core sales growth initiatives.
“We are excited to have Max and the experience he brings to iovation’s senior management team,” said Greg Pierson, CEO of iovation. “We are confident in his ability to lead our sales team and that he will make significant contributions that drive new business to help meet our future business goals.”
As Vice President of Sales at iovation, Max Anhoury is responsible for all aspects of iovation’s sales organization, including inside and outside sales, and sales engineering. Anhoury’s 20+ years of sales and operational management experience includes 7 years at CommercePath where he was a co-founder. He drove the business to significant growth and profitability. After Captaris acquired CommercePath, Anhoury devoted another 4 years to Captaris, holding several senior level positions during his tenure with the company and managing revenues of $55 million. Most recently, before joining iovation, Anhoury served as President of TOPLINE Performance.
“iovation is a unique company that brings an innovative technology to the fraud management industry. I am pleased to be a part of this effort to combat online fraud and abuse and provide a safer online community for internet users. The team at iovation is devoted to making the internet a safe place and is energized at how well our product provides that safety,” said Anhoury. “What they’ve accomplished already is a testament to the unique technology, outstanding leadership, and the support and commitment of every employee. I look forward to leading iovation to exceeding the company’s sales growth objectives.”
iovation uses patented device-based fraud management technology to help online businesses stop over 11,000 fraudulent transactions per day. iovation ReputationManager™ uniquely identifies computers that have been used for fraud and abuse and creates a web of association that provides fraud managers with deeper insight into account and device relationships that exist within their network and among their industry peers. Customers sharing iovation’s robust network of device reputation intelligence have dramatically reduced the amount of fraud and abuse that occurs on their sites while increasing operational efficiencies and business revenues through more precise risk management.
About iovation
iovation, headquartered in Portland, Oregon pioneered the use of device reputation for managing online fraud, abusive behavior and multi-factor authentication. Today, iovation manages the reputation of over 100 million Internet-enabled devices worldwide, allowing its customers to control online fraud and abuse while benefiting from sharing device reputation intelligence. For more information on iovation and the company’s products, visit www.iovation.com.
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