Friday, October 17, 2008
Coreworx hires J. Paul Haynes as COO
Growing software firm adds experience and leadership
Kitchener, ON (October 17, 2008) – Coreworx Inc., a subsidiary of Acorn Energy, Inc.,(NASDAQ: ACFN) today announced the appointment of J. Paul Haynes as Chief Operating Officer. Effective immediately, Mr. Haynes will lead the sales, services and software development teams at Coreworx, a fast-growing software solutions firm specializing in document control and workflow management for mega capital construction projects in the energy industry.
"J has over 20 years experience growing and leading entrepreneurial high-tech companies," said Ray Simonson, Coreworx CEO. "In addition, with his engineering and energy industry backgrounds, he will add an important strategic dimension in managing and planning Coreworx future growth."
Prior to joining Coreworx, Haynes was a Managing Partner at Omazo Ventures, an investment firm focusing on early stage software firms, and President & CEO of ECM vendor, EVER America Corporation.
"Acorn's recent investment has provided Coreworx with the resources to dramatically grow its business. It is an exciting time to be joining this team." J continued "Building energy infrastructure around the world is a large and growing opportunity. Coreworx is well-positioned to become a major player. This will be fun!"
Mr. Haynes has presented at numerous industry conferences in North America and abroad, speaking on topics related to energy sector software and enterprise content management. He holds a B.Sc and M.Sc. in Alternate Energy Engineering, and is a founding Director of Acetech and is a professional engineer.
Coreworx is a proven web-based tool for document control and workflow management for large complex capital projects. It is an enterprise compatible solution with Microsoft and IBM as partners. Coreworx is currently being utilized by owner/operators and engineering and construction contractors to help manage the construction of hundreds of mega-projects around the world, including offshore oil production, refineries, mining operations and power plants.
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