Posted on
31 | 01 | 2005

Mr. Peter Testen appointed new Chief Executive Officer of HERMES SoftLab

Ljubljana, 31 January 2005 – The Supervisory Board of HERMES SoftLab names Mr. Peter Testen as the company’s new Chief Executive Officer (CEO) and President of the Managing Board. Mr. Testen, who has been the Chairman of the Supervisory Board since November 2003, takes up the CEO role on April 1, 2005.

Mr. Peter Testen brings to the company many years of experience in Information Technology. He began his career with Hewlett Packard (HP) in 1970. He helped to pioneer HP’s entry into Eastern European and was appointed Business Development Manager for Yugoslavia in 1975. In the 1990s, he leveraged this exposure and drove HP’s expansion throughout the new market driven economies of Central and Eastern Europe.

During his tenure with HP, Mr. Testen contributed to many HP business areas. As General Manager and VP of International Sales Europe, Mr. Testen had regional responsibility for Eastern Europe, Middle East and Africa (EMEA) and helped to bring eminence to HP’s activities in many countries.

After the HP/Compaq merger, Mr. Testen led the newly established Services sales force in EMEA. Most recently, Mr. Testen was responsible for introducing HP’s new Sales and Marketing model to HP’s Consulting and Integration Organization.

Mr. Testen has chaired several Boards of Directors of HP companies.

Mr. Testen holds a degree in electronic engineering from the University of Ljubljana, Slovenia.

Alexander L. Dembitz, Deputy Chairman of the Supervisory Board: “We are delighted to welcome Mr. Testen to the Managing Board and know that not only will he deliver the planned growth that HERMES SoftLab is now well positioned to achieve, but also give enhanced focus to international sales, customer care and quality.

Peter Testen, the newly appointed CEO, stated: ”I have observed Hermes SoftLab’s growth from the start, establishing itself as an internationally recognized software engineering and consulting supplier. My first task will be devoted to existing customers; we need to intensify our efforts in helping these customers with our services to make their organizations more efficient, more agile. The second task will be focused on exploiting growth opportunities for HSL business lines, particularly in international markets.

Finally, our targets are a reflection of the faith we have in our team of competent and highly motivated people who aim to exceed customer expectations. Continues improvement in this field will remain to be our focus. My long term goal is to increase the value of HSL to its customers, shareholders, and assure that more than ever it is a great place to work.”

With effect from April 1, 2005, the Managing Board of HERMES SoftLab will comprise three members; Peter Testen, President and CEO, Branka Jerše, Financial Director and Gregor Smrekar, Service Delivery Director.