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Former Oracle Exec To Head diCarta Product Development

Redwood City, Calif.-based diCarta Monday says it is naming Boz (Brian) Elloy as senior vice president in charge of product development.

A former executive at Oracle (Nasdaq: ORCL), Elloy will be responsible for continuing key integration projects with leading business and customer management applications.

The company's Web-based contract management software automates the entire contract lifecycle - from proposal and negotiation, through analysis, approval, and execution, to management and renewal.

The company says Elloy's appointment comes at an important time in the evolution of the company. diCarta has signed up more than 70 customers within the first year of releasing product with companies such as Kraft, Deloitte & Touche, BEA, and Intuit.

"We're extremely pleased to have Boz on board leading our product development initiatives," says diCarta president and CEO Scott Martin. "We've performed extremely well over the past 18 months, and Boz will help us further distinguish ourselves in a relatively untapped market. Our success boils down to our ability to execute, and Boz will help us ensure that we're able to meet the needs of large enterprise customers."



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