2008-07-16 07:00:00
Timothy Krist Named Chief Financial Officer
RESEARCH TRIANGLE PARK, N.C.–(EMWNews)–Smart Online (OTCBB: SOLN), a leading provider of
Software-as-a-Service (SaaS) applications for the small business market,
today announced the appointment of Timothy Krist as its Chief Financial
Officer.
“I am pleased to welcome Tim to Smart Online, as we continue to build
out and further strengthen our management team,”
said David E. Colburn, Smart Online’s chief
executive officer. “We will draw on his
experience as Director of Finance at publicly traded firms such as KB
Home and Blackboard to help us improve the strategic management of Smart
Online’s finance operations..”
Along with financial management posts at KB Home and Blackboard, Krist
held positions at International Fibercom and Deloitte & Touche. He holds
a BA in Accountancy from Miami University and an MBA from Arizona State
University.
About Smart Online
Smart Online, Inc. (OTCBB: SOLN) delivers private-label,
Software-as-a-Service (SaaS) applications designed to enable its
corporate partners to acquire and retain small business customers. Smart
Online’s applications help partners increase their recurring revenue,
while aiding their small business customers to more efficiently start,
manage and grow their businesses. To learn more, please visit www.smartonline.com.
Smart Online and the Smart Online logo are trademarks and/or
registered trademarks of Smart Online, Inc. in the United States. Other
marks belong to their respective owners.
Forward-Looking Statements
Statements in this press release that are “forward-looking
statements” are based on current expectations and assumptions that are
subject to risks and uncertainties. Actual results could differ
materially because of many factors, including, but not limited to,
delays in development schedules, changes in market conditions, product
announcements by other companies, the potential impact of current
litigation or any future litigation, customer perception of the value of
Smart Online’s enhanced products, Smart Online’s
dependence on corporate partners to market its products, and its ability
to effectively manage expenses. For further information regarding
risks and uncertainties associated with Smart Online’s
business, please refer to the Risk Factors section of Smart Online’s
SEC filings, including, but not limited to, its Annual Report on Form
10-K for the year ended December 31, 2007 and the Quarterly Report on
Form 10-Q, copies of which may be obtained on the web site of the
Securities and Exchange Commission. All forward-looking
statements in this press release are based on information available to
Smart Online on the date hereof. Smart Online undertakes no duty
to update any forward-looking statement or to conform the statement to
actual results or changes in Smart Online’s
expectations.
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