Q4 Systems Corporation (QFOR) Appoints Robert Steele as Chief Sales and Marketing Officer
June 21, 2013 --
CHICAGO, June 21, 2013 (GLOBE NEWSWIRE) -- Q4 Systems Corporation (OTCQB:QFOR), a leading SMAC IT product and services company, announced today that they have appointed industry leader Robert Steele as Chief Sales and Marketing Officer. Robert Steele brings over 30 years of leadership experience and proven revenue growth within healthcare, financial services, and technology sectors, and will be responsible for the global strategy and execution of all aspects of Q4's marketing efforts.
Mr. Steele's past achievements include leading Verisk Health in 1000% increase in revenue ($6M to $60M) from 2007-2013, and founded EmpowHR, a web-based benefits administration platform company. Q4 Systems purchased EmpowHR in 2012, and immediately began discussing the prospect of bringing Mr. Steele on board to direct their global marketing team.
"Q4 is just emerging from a period of aggressive expansion in the Healthcare, Financial Services, IT Consulting, and Retail sectors, and the timing is impeccable for Mr. Steele to spearhead our company-wide sales and marketing initiatives," says Dhru Desai, Q4's Chairman of the Board and Chief Financial Officer. "Q4 is approaching a phase where we will see wider deployments of our SMAC (social, mobile, analytic and cloud) platforms across these industries, which can result in non-linear revenue and gross margin growth derived from these technology solutions. I am confident in Robert's vision and leadership, and I am sure his inclusion to our senior team will help us capitalize on the large market opportunity in front of us."
"It's an honor to take on this new challenge at Q4 Systems and to build on the momentum created by their recent sales, marketing, and operational undertakings," says Robert Steele. "I look forward to working with Q4's talented team to drive continued success within the rapidly-growing IT technology market."
About Quadrant 4 Systems Corporation
Q 4 Systems Corporation (OTCQB:QFOR), a SMAC company, specializes in Social, Mobile, Analytics and Cloud-based IT technologies and solutions. The company delivers end-to-end information technology solutions to its clients through a unique blend of product solutions, consulting, software development & maintenance, cloud-based products and technology from its global delivery centers. The company currently focuses on the Healthcare, Financial Services, IT Consulting, and Retail sectors.
This release contains forward-looking statements, which are subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact should be considered to be forward-looking statements. Certain factors could cause actual results and conditions to differ materially from those projected in such forward-looking statements. We do not undertake any obligation to release publicly revised or updated forward-looking information, and such information included in this release is based on information currently available and may not be reliable after this date.
CONTACT: Androniki Bossonis
AVP of Marketing