ONPATH Technologies Announces Steve G. Vogel as New Chief Financial Officer

MARLTON, N.J., July 19, 2011 /PRNewswire/ --  ONPATH Technologies, the leader in scalable connectivity and monitoring solutions for high performance networks, today announced the appointment of Steve G. Vogel as their new Chief Financial Officer (CFO). In this new role as part of ONPATH's Executive Team, Mr. Vogel will oversee the company's Finance and Administration, Legal, Accounting, Mergers and Acquisitions, and Human Resources.

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With more than 20 years of industry experience with start-up and mid-sized companies in the software and high tech industries, Mr. Vogel has served in various executive roles for US- and foreign-based companies conducting business in Canada, Europe, Israel, Japan, India, and Singapore.

"Steve's software industry experience and operational expertise, dovetailed with his rapid growth experience, make him a very welcome addition to ONPATH's Executive Team," said Brian McCann, ONPATH's CEO. "Steve's extensive business, financial, and legal experience has contributed significantly to the success of a number of companies in the high tech industry. We expect that his broad skills will greatly support our plans for continued high growth."

Prior to joining ONPATH, Mr. Vogel served as CFO to NYC-based NICE Actimize, a NICE Systems company, and the largest provider of financial crime, risk, and compliance software for the financial services industry. During his tenure, he helped lead the company's 50% growth, achieving over $120 Million in revenues. Previously Mr. Vogel spent three years with a rapidly growing SaaS hedgefund software provider, Paladyne Systems. In a public company CFO role, he led Chordiant Software to its first Non-GAAP profitability. He served as the CFO of Tessera, Inc., where he prepared the company for an initial public offering. Mr. Vogel also served in various roles with iLogistix, Microbank Software, Guardian Industries, Corning, and Ford Motor Company.

"I am very impressed with ONPATH's vision, technological expertise and strategy for aggressive growth," said Mr. Vogel. "I am excited to be an integral part of this impressive team, focused on driving the company forward in innovative ways that create such significant opportunity by solving customer problems."

Mr. Vogel holds an MBA in Finance from The Wharton School at the University of Pennsylvania, an LL.M. in corporate law from the New York University School of Law, a J.D., Cum Laude, from the Arizona State University School of Law, and a B.A. and MBA from Lehigh University. An attorney at law, Mr. Vogel was admitted to the State Bars of New York, New Jersey, and Arizona, and has held both CPA and CMA designations.

About ONPATH

ONPATH Technologies is the leading provider of scalable connectivity and monitoring solutions for high-performance networks. ONPATH's Universal Connectivity System and HorizON Software deliver an advanced platform that automates and secures data center and test infrastructure to help network managers conserve time, increase utilization, and save money compared to manual patching or complex mesh switching architectures. ONPATH currently has over one million installed ports throughout Fortune 1,000 and Government customers. For more information, visit www.onpathtech.com.

SOURCE ONPATH Technologies