FinancialContent, Inc. (OTC BB:FCON.OB), a leading provider of financial data and business applications to online media and financial services companies worldwide, today announced the appointment of George Katsch as Vice President of Sales.
George Katsch brings more than 15 years of experience in selling and supporting financial information and technology solutions to the Financial Service, Publishing and Infomedia markets. The majority of George's background comes from working at Standard & Poor's ComStock (now IDC ComStock), where he managed a team of senior account representatives and support staff of 18 people. He was principally responsible for maintaining over $50 million in revenues and upselling existing accounts.
"I see a growing appetite in the financial services and online media industry for unique and highly customizable solutions that take the use of the financial data and tools to the next level of interactivity," said Mr. Katsch. "I am very excited about the opportunity to join the management team of a company that is constantly innovating while genuinely paying attention to the content needs of its clients."
"We believe that George's track record and his commitment to excellent customer service will be instrumental in the rapid growth of our client base, particularly in the financial services sector," said Wing Yu, CEO of FinancialContent. "In fact, during his six-month tenure as Director of Enterprise Sales here, George has jumpstarted a number of significant deals that enable us to revise our projections for annualized licensing revenues by the end of this fiscal year from $2.4 million to more than $2.8 million."
Furthermore, FinancialContent expects the total number of deployments worldwide to exceed 500 by the end of the fiscal year.