SUNNYVALE, Calif., June 24 /PRNewswire-FirstCall/ -- Vitria , a leading provider of business process integration solutions, today announced that John N. Ounjian has joined the company as executive vice president of Vitria’s Healthcare and Insurance business unit.
John Ounjian is a widely recognized, 30-year veteran of the healthcare and financial services industries. He has a proven track record of advancing information systems disciplines, business operational processes and strategies in order to improve corporate performance. Ounjian was formerly senior vice president and CIO at Blue Cross and Blue Shield of Minnesota, a leading and nationally recognized healthcare payer. He was responsible for the company’s information systems and claims operations division, and accountable for determining its long-term corporate-wide information technology needs as well as developing overall strategic direction. During his tenure there, Ounjian led the company’s innovative business solutions efforts and guided its system development and hardware acquisition and integration. While leading claims operations, he was the executive responsible for the transformation and re- assimilation of once outsourced critical operations.
Prior to Blue Cross and Blue Shield of Minnesota, Ounjian held senior consultant management roles for healthcare organizations, including Kaiser Permanente. He has also served as senior vice president at H.F. Ahmanson & Co./Home Savings of America and Union Bank of California.
“We are very pleased to have an executive of John’s caliber joining our senior management team and leading our healthcare and insurance business unit,” said Dale Skeen, co-founder and CEO, Vitria. “John’s depth of experience coupled with his passion for operational excellence will be invaluable to our customers and to our strategy, and underscores our strong commitment to the healthcare and insurance market.”
“Having spent a majority of my career devoted to improving the quality of services between healthcare payers, providers, agents and consumers, I am extremely excited to join the Vitria team,” said John N. Ounjian, newly appointed EVP of Healthcare & Insurance, Vitria. “Healthcare payer and provider organizations face a highly competitive and complex future. Vitria has a fresh approach to simplifying, streamlining, integrating and transforming transaction management processes, which should deliver demonstrable improvement to our customers’ operating performances,” added Ounjian.
Ounjian was recently named one of Computer World’s Premier 100 IT Leaders for 2003. He has also been an active member on key Blue Cross and Blue Shield Association committees, which developed national technology plans and operating policies for Inter-Plan strategies. He has spoken on emerging technologies in healthcare at several technical business conferences sponsored by the Blue Cross and Blue Shield Association, the America’s Health Insurance Plans and the Consumer Directed Health Plan Conference & Expo.
About Vitria
Vitria Technology, Inc. a leading provider of award-winning business process integration products and solutions, combines technology leadership with industry expertise in healthcare and insurance, financial services, telecommunications and manufacturing to dramatically improve strategic business processes across systems, people and trading partners. With 23 offices around the world, Vitria’s customer base includes blue chip companies such as AT&T, Bell Canada, BellSouth, The Blue Cross Blue Shield Association, British Petroleum, British Telecom, DaimlerChrysler Bank, Generali, Nissan, The Goodyear Tire & Rubber Company, PacifiCare Health Systems, Reynolds & Reynolds, Royal Bank of Canada, Schneider Logistics, Sprint, Trane, and the U.S. Departments of Defense and Veterans Affairs. For more information, call +1-408-212-2700, email info@vitria.com or visit http://www.vitria.com/.
(C) 2004 Vitria Technology, Inc. All rights reserved. Vitria and BusinessWare are registered trademarks of Vitria Technology, Inc. All other names may be trademarks of the companies with which they are associated.
Cautionary Note Regarding Forward-looking Statements: This press release includes forward-looking statements, including statements relating to new products, goals and future business opportunities that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements. Such factors include, but are not limited to: failure to meet financial and product expectations of analysts and investors: risk related to market acceptance of Vitria’s products and alliance partners’ products; deployment delays or errors associated with these and other products of Vitria and partners; hardware platform incompatibilities; the need to maintain and enhance certain business relationships with system integrators and other parties; the ability to manage growth; activities by Vitria and others regarding protection of proprietary information; release of competitive products and other actions by competitors; risks associated with possible delisting from the stock market on which Vitria’s securities are listed; and economic conditions in domestic and foreign markets. These and other risks related to Vitria are detailed in Vitria’s Annual Report on Form 10-K for the year ended Dec. 31, 2003, filed with the SEC on March 12, 2004. Vitria does not undertake an obligation to update forward-looking statements.
Vitria
CONTACT: Media, Fred Bateman of The Bateman Group, +1-415-503-1818 orfbateman@bateman-group.com, for Vitria; or, Investors, Jane Underwood ofVitria Investor Relations, +1-408-212-2608 or junderwood@vitria.com
Web site: http://www.vitria.com/