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Aveso Expands Management
Team with Addition of Controller
Peggy Klug to lead company’s finance, human resources,
legal and information technology functions
Minneapolis, May 16, 2005
– Aveso, Inc., a pioneer in the development of ultra thin, ultra
low-power printed electronic displays, today announced that Peggy
Klug has joined the company as Controller. Klug will have responsibility
for the finance, human resource, legal and information technology
functions at Aveso.
“We are delighted that Peggy is
joining the Aveso management team and look forward to her contributions
as we embark on the next stage of our company’s development,”
said Steve Quindlen, CEO, Aveso.
Klug brings deep experience in financial management and administration
of start-up organizations to the Aveso team. She has more than 23
years of experience in finance, with over 15 years in controller roles
for high-growth start-ups in the software, financial consulting, telecommunications,
and aviation industries. Most recently, Klug served as Controller
for Integrated Decisions and Systems, Inc. (IDeaS), a leading provider
of hospitality focused pricing and revenue optimization solutions
headquartered in Minneapolis, Minnesota. Prior to IDeaS, Klug served
as Controller at JobBOSS Software, where she played a leading role
in assisting in the sale of the privately-owned enterprise to Kewill
Systems U.K. and subsequently to Exact Software in the Netherlands,
a global developer of state-of-the-art accounting, HRM, CRM, ERP and
e-business software.
About Aveso, Inc.
Aveso, Inc. is a pioneer in the development of ultra thin, ultra low-power
printed electronic displays produced using existing print manufacturing
capacity. The Company’s display devices, typically less than
half the thickness of a standard credit card, make it possible for
the first time to integrate electronic displays into high-volume printed
products such as credit cards and packaging labels. Aveso display
devices are designed for integration into the global smart card and
label manufacturing base and can be scaled cost-effectively in the
hundreds of millions to billions of units. |
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