ANXeBusiness Expands Executive Team with New CTO

ANXeBusiness Expands Executive Team with New CTO

Abdallah F. Shanti to drive development and design of new managed services and technologies

SOUTHFIELD, Mich. (February 18, 2010) - ANXeBusiness Corp., a leading provider of networking and security managed services, today announced that the company has expanded its executive team with the addition of Abdallah F. Shanti, as Chief Technology Officer.  Mr. Shanti brings more than 25 years of executive and technology management experience across the automotive, aerospace and manufacturing industries.

As CTO of ANXeBusiness, Mr. Shanti will be responsible for driving the development and design of new technologies, maintaining operational integrity and overseeing the technical and engineering staff at the company.  He will also focus on the IT strategy and foundation for the growth of ANXeBusiness managed services.

“As our company grows in both size and scope of technology, it is imperative that we build a world-class team that understands our customer’s needs and how we can support those needs with our technology and security services,” said Rich Stanbaugh, President and CEO of ANXeBusiness.  “Abdallah brings a dynamic history of successful development and deployment on a wide range of technologies and industries.  His understanding of our customer’s challenges, coupled with his leadership experience, fits perfectly into the future of ANX.”

Prior to ANXeBusiness, Mr. Shanti served as VP and CIO at Dana Holding Corporation.  While at Dana, he was responsible for developing global IT strategy and organization to support the business restructuring process.  For nearly 10 years prior, he was VP, Information Technology, Electronic Product Integration & CIO at American Axle & Manufacturing (AAM) where he worked on the development and execution of AAM’s Global IT strategy. 

Previously, Mr. Shanti served as General Director Global Systems Engineering & Data Management for General Motors.  In this position, he led a team of senior executives to deliver GM’s global systems architecture and provided a migration path from its legacy system environment to state of the art technologies.

ANX has a rich tradition of technological leadership in the secure content delivery space,” said Abdallah Shanti, Chief Technology Officer for ANXeBusiness. “I’m eager to help the company leverage its core strengths to further accelerate revenue growth”.

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” for 2009 by Network Products Guide.

About ANXeBusiness Inc.

ANXeBusiness Inc. (http://www.anx.com), headquartered in Southfield, Mich., has offices in Research Triangle Park, N.C., Overland Park, KS, Philadelphia, PA, San Diego, CA and Toronto. The company offers customers a portfolio of products and services that enable secure collaboration within and between enterprises, based around 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 is owned by One Equity Partners (http://www.oneequity.com), which manages investments and commitments for JP Morgan Chase & Co. in private equity transactions.

Contact: Dan Chmielewski
               Madison Alexander PR
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               dchm@madisonalexanderpr.com