ANX Grows Executive Team with New Chief Marketing Officer

ANX

Paul Arceneaux to define product strategy, enhance go-to-market planning, and expand product marketing

SOUTHFIELD, Mich. (October 25, 2010) - ANXeBusiness Corp., a provider of networking and security managed services, today announced that the company has expanded its executive team with the addition of Paul Arceneaux, as Chief Marketing Officer.  Mr. Arceneaux brings more than 20 years of security, technology product development and marketing leadership to ANX.  

Based in ANX’s Austin, TX office, Mr. Arceneaux will help define product strategy and enhance ANX’s go-to-market plans for new technologies and services.   Together with his team, Mr. Arceneaux will be responsible for leading ANX’s development as a top tier provider of managed security, compliance and connectivity solutions.

“ANX has maintained its aggressive growth throughout 2010 and we plan to accelerate the development and deployment of new security technologies and services to our customers in 2011,” said Rich Stanbaugh, President and CEO of ANXeBusiness.  “Paul brings a strong track record in both his marketing management and technology expertise and we are excited to have him join our executive management team.”

Prior to ANX, Mr. Arceneaux served as Vice President of Business Management at TippingPoint where he oversaw product management and drove process for the company’s operation.  During his tenure, his engineering team developed security products that fueled double digit revenue growth year after year.  Additionally, he provided management across all cross functional groups to ensure the company operates more efficiently while reducing costs for product development and manufacturing. 

Previously, he was Vice President Engineering and General Manager for Pinpoint Technology where he strategically planned all aspects of the company from product and project selection to personnel selection, training and development.  Additionally, for more than seven years, Mr. Arceneaux served as Vice President and General Manager for Siemens, Efficient Networks Service Management Business Unit. Through effective marketing, sales and operations management, he quadrupled revenue of the business within two years.

"ANX has established a strong foundation as both a leader in security and networking technology,” said Paul Arceneaux, Chief Marketing Officer for ANXeBusiness. “Working with this foundation and ANX’s current marketing team provides a strong opportunity to position the company as a leader in the space on a global scale.”

ANX has been headquartered in Michigan for more than 10 years and continues to expand rapidly. The company was recently recognized as one of the world’s largest software companies in Software Magazine’s Software 500. In addition, the company was also awarded the “Best of the Best Michigan Business” by Corp! Magazine and was named as a “Hot Company” by Network Products Guide.

About ANX

ANXeBusiness Corp.  (http://www.anx.com), is headquartered in Southfield, Mich., has offices in Research Triangle Park, NC, New Jersey, San Diego, and Austin.  ANX provides solutions that enable secure and compliant eCommerce.  Since 1998, ANX has operated one of the largest and most secure business-to-business networks in the world.  The company’s foundation is built upon deep technical expertise, broad experience with mission-critical data connectivity, a passion for customer support and a proven record of supporting business needs across multiple value chains.  ANX solutions help companies secure and exchange information, meet complex compliance requirements, and allow them to focus on what they do best…grow their business.  ANX was recognized as one of the world’s largest software companies in Software Magazine’s Software 500. In addition, the company was also awarded the “Best of the Best Michigan Business” by Corp! Magazine and was named as a “Hot Company” for 2009 by Network Products Guide.

ANX is owned by One Equity Partners (http://www.oneequity.com), which manages investments and commitments for JP Morgan Chase & Co. in private equity transactions.

Press Contacts:

ANXeBusiness Corp.
Mr. Dan Chmielewski
Madison Alexander PR
+1-714-832-8716
dchm@madisonalexanderpr.com

Mr. Ronnie Manning
Madison Alexander PR
+ 1-619-822-2239
Rmanning1@gmail.com