Mar 13, 2001
FatWire Establishes European Office
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LONDON, UK - FatWire Corporation, a leading provider of dynamic content management software opened its European headquarters today.

Based in London, the European office is being set up by a management team, comprised of Steven Rose as Managing Director, Fred Gedling, Technical Director and Trevor Wilkins, Sales and Marketing Director. This team was also responsible for establishing the European subsidiary of world-leading EAI (enterprise application integration) company New Era of Networks (NEON) in 1996, and growing it to its present $35 million turnover (worldwide turnover $188 million).

"The opening of our first office outside the US is a major milestone for FatWire," said Mark Fasciano, president and CEO of FatWire. "This expansion is extremely important in terms of strategic and market development. Steven's proven track record will provide the necessary foundation to win in the European market."

As companies strive to maintain control of their constantly-changing and expanding Web sites, dynamic content management becomes a critical business issue. According to Forrester Research in their report "Managing Content Hypergrowth" immature technology could force companies to replace their content management systems within the next two years. The report estimates that in-house developments are unlikely to be able to keep pace with the growth of content, with nearly half the companies surveyed saying that they were moving to an off-the-shelf package solution.

"Many businesses are finding that their content is becoming unmanageable without frequent and expensive overhauls, or employing more and more staff," explained Steven Rose, Managing Director at FatWire Europe. "Add to that a chronic shortage of web content managers and you have a crisis." "The key to e-commerce success will be making sure that the latest information is available to customers. By returning control of the website to the business, costs are reduced and service levels increased," Steven concluded."

About FatWire Corporation
FatWire is a software solutions partner that enables companies to execute their business strategies faster than any other solution through the powerful e-business software, UpdateEngine. With the only true enterprise level dynamic content management at its core, UpdateEngine is a scalable, e-business assembly system that empowers users to easily and efficiently build and manage Web sites while providing unlimited scalability and flexibility.

Founded in 1996, FatWire Corporation is headquartered in New York and operates regional facilities in San Francisco and Boston.