Segue in the News


SEGUE SOFTWARE APPOINTS CHIEF FINANCIAL OFFICER

Fast-Growing Software Test Tool Company Rounds Out Management Team with the Appointment of a Seasoned CFO

NEWTON CENTRE, MA -- October 16, 1995 -- Segue Software today announced the appointment of J. Jeffrey Bingenheimer to the new position of vice president and chief financial officer.

Elisabeth Elterman, Segue's president and chief executive officer said, "The appointment of Jeff Bingenheimer rounds out Segue's management team and brings the company a financial executive experienced both in managing the growth of software companies and in delivering solid value to shareholders. Jeff brings to Segue a broad range of financial experience in both the public and private capital markets, as well as the financial management experience that will help the company to continue to grow rapidly."

Bingenheimer has more than ten years experience with fast-growing software companies. He joins Segue from CenterLine Software, Inc., where he served as vice president of finance and administration since 1991. Previously, he served as vice president of finance and administration for Index Technology, where he assisted in venture capital financing, was the principal manager of a successful initial public offering, and was an active participant in the company's merger with Sage Software. Bingenheimer also has nearly 20 years additional experience in accounting management positions for several manufacturing companies. He is a graduate of Franklin and Marshal College with a Bachelor of Science degree in accounting, and is a certified public accountant.

Segue Software, Inc. is the world's fastest-growing automated software testing company, doubling in revenues for each of the past two years. Segue develops, markets and supports the QA Partner and QA Plannerâ„¢ line of testing products, which enables the rapid development and re-use of automated tests across more than 25 platforms. QA Partner is currently used by more than 6,000 software quality professionals worldwide. Headquartered in Newton Centre, Massachusetts, Segue also has offices in San Francisco and Dallas, and distribution offices throughout Europe. Segue's 80-plus employees provide automated testing products and consulting services to organizations developing client/server software applications. Customers of Segue include 3M Corp., ADP, Adobe, Andersen Consulting, AT&T, Citicorp, Claris Corp., Fidelity Investments, Hoffman LaRoche, IBM Corp., NYNEX, Oracle Corp., Bay Networks, and scores of other organizations in a broad range of industries.

Contact: Chris Carroll,
Carroll & Associates
(508) 386-6050


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