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ExpeData® Names Paddy Padmanabhan as Chief Executive Officer

Tuesday May 8, 2007, 5:00 pm ET

DAYTON, OHIO--(BUSINESS WIRE)—ExpeData, a global leader of digital writing solutions announces that Paddy Padmanabhan has been named Chief Executive Officer and will assume this role with the Company on June 1, 2007.  Padmanabhan, along with the ExpeData executive management team will help solidify the strategic direction of the newly formed company.  He will be responsible for all aspects of the ExpeData business, including the continued development of the ExpeData Enterprise product. 

“Paddy’s extensive experience in assessing new technologies, their potential, and how to take them to market makes him the perfect choice for ExpeData,” commented Brian Kohr, ExpeData’s parent DoubleDay Acquisitions II’s Chief Financial Officer.  “Being able to bring in a person with such a successful track record serving companies with new technologies right at the start to help bring digital writing to market is exactly what the Company needs."

Padmanabhan joins ExpeData from Ernst & Young where he served as their Americas Leader for Commercial Diligence Practice for Transaction Advisory Services.  Prior to joining Ernst & Young, Padmanabhan worked in a similar role for PriceWaterhouseCoopers.  He has performed technology and business strategy assessments for a wide range of corporations and private equity firms. He was also the co-founder of Tempus Technologies, a market leader in point-of-sale and point-of-rental software solutions.

"I have reviewed many technologies over the past several years and the ExpeData digital writing solution is one of the most promising technologies I have seen.  It allows for the use of pen and paper which everyone is comfortable with, but also provides for the immediate capture, transfer and interpretation of data into a business system which company’s require.  It is the best of both world’s." said Padmanabhan. "To join a company that is the leader in a potentially large emerging market provides the right challenge I was looking for."


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