2009-11-12 23:02:13 -

SolArc ( www.solarc.com : ), a global provider of commodity supply, trading and risk management software solutions, today announced the addition of Mike Snow as Vice President, Product Development. In this role, Snow will oversee day-to-day product development operations, while also being directly involved in delivering the company’s product vision and roadmap.

“Mike is a seasoned software development executive with a solid track record for bringing new products to market and managing profitable, proven enterprise software lines,” said Brad Anderson, SolArc CEO.

“SolArc’s vision and strategy for our products has never been stronger, and Mike’s combined leadership, operational and technical capabilities will provide our exceptional engineering team with the strategic focus needed to rapidly execute that vision.”


With more than

30 years of experience, Snow has a successful record of effectively managing multi-location development organizations and delivering enterprise products to market. Prior to SolArc he served as Senior Vice President of Development and CTO of Sunquest Information Systems. Before Sunquest, he served in a number of strategic roles including Senior Vice President of Development at Carreker Corporation and Quantra Corporation, and several senior leadership positions, including CTO at Hogan Systems (acquired by CSC).

According to Cynthia Haynie, SolArc CTO, “The addition of Mike continues the strategic evolution of the company and supports our objective to provide market-leading solutions that meet our customers’ needs. Our engineering team is positioned to execute with greater speed, agility and precision than ever before, and Mike’s oversight of day-to-day development operations will enable us to continue to sharpen our focus on engineering initiatives that align with our corporate goals.”


About SolArc

SolArc, Inc. is a global provider of commodity supply, trading and risk management solutions for leading companies in commodity-intensive markets. SolArc’s integrated software solution offers customers greater insight and control over their complex commodity supply and trading environments, delivering increased operational effectiveness and profitability at lower risk.

Since 1991, SolArc has become a trusted solution provider for an international clientele of more than 60 leading corporations across a range of vertical industries, including energy, transportation, finance, aviation, agriculture and consumer goods around the globe. SolArc is headquartered in Houston and has offices in Tulsa, Dallas, London and Singapore. For more information, visit www.solarc.com : .

SolArc, Inc.Tami Greenlee, 713-260-5151 tgreenlee@solarc.com : mailto:tgreenlee@solarc.com