After leading Expandable to an unprecedented 13 straight years of profitability in the volatile ERP software industry, outgoing President and CEO Marshall E. Guile III will relinquish his role to focus on product development. Mr. Guile will continue as Chairman of the Board. Although focusing on making Expandable the best manufacturing software tool for our customers has been a viable business strategy, we're ready to take a more market-driven approach.
Most Expandable customers get a complete return on their investment in less than six months.
I can't imagine a better foundation to build upon. Mr. Howard's outline for Expandable's future includes building on the strengths that have garnered Expandable remarkable success with Silicon Valley startup manufacturers. The emerging manufacturer market will be one of the first arenas we target with our progressive strategy. Mike Howard brings to Expandable over 24 years of operations, marketing, and sales experience in the high-tech manufacturing industry. Prior to joining Expandable, Howard spent 15 years in senior management at JD Edwards, Oracle, Software AG, and Core Technology.