Big Event at Eventra

Hoon Chung named president and CEO of Eventra, Inc.

Milford, CT - October 2, 2001 - Eventra, a provider of Supplier Relationship Management (SRM) software based in Milford, CT, announced that Hoon M. Chung has joined the company as President and Chief Executive Officer. Chung had most recently been Chief Operating Officer of Adexa, Inc. and head of their worldwide Supply Chain Management (SCM) and Systems Integration practices.

Stuart J. Sawabini, Eventra's Chairman, said: With Eventra poised for significant growth, Hoon Chung's extensive supply chain experience, along with his leadership skills and depth in manufacturing resource planning knowledge are what is needed to take our company to higher levels. His achievements, industry expertise and management style are spot on; we didn't seriously consider another candidate once we began our dialog with Hoon.

Prior to his assignment at Adexa, Chung was SVP, Global Supply Chain Services with Numetrix, Ltd. Earlier he was Worldwide Director of Logistics and Distribution with a division of Grand Metropolitan PLC, which he joined following successful roles with Lever Brothers and Quaker Oats. He holds an engineering degree from Princeton and an MBA from Northwestern.

Chung commented upon joining the firm, Eventra's potential to dominate the web-based SCM software space is evidenced by the results the company has achieved for its customers. As I evaluated this move, I learned of the many customers using our VendorSite TM software.  It was encouraging to see their excitement about the product and our professional capabilities.

Recently, Eventra has added such notable names as John Deere, which selected VendorSite to enable collaboration with its inbound direct materials suppliers, while other customers like Subaru-Isuzu and Duracell have moved out of pilot stage and are rolling out full-scale implementations, added Chung. 

The opportunity to work closely with Stuart and the Eventra team to build upon their accomplishments in this market is a timely one, as the company has already been selected by a growing number of complex manufacturers, Chung concluded.