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ETAP Aligns Company Resources to Accommodate Growth

Notable 2012 Growth for ETAP has led to positive external and internal corporate alignments.

Irvine, Calif. – May 3, 2012 — ETAP®, the leading provider of software solutions for the design, optimization, and online operation of mission critical electrical power infrastructure, announced its global market share growth as admirable and impressive for 2012.

The ETAP global market share has continued to grow at a remarkable pace for 2012. This growth has necessitated new hiring and internal alignments to better meet corporate goals and best serve its customer base.

Projecting out through 2012, ETAP expects solid sector activity and continued company growth, making the choices today even more important for the future. In the last six months the employee roster has grown by over 25% with a majority of that hiring directed to our development teams to accelerate current projects and introduce a wealth of new product functionality.

“With growth, there is a requirement for increased organization, and this is being tackled on two fronts,” said Shervin Shokooh, Chief Operating Officer at ETAP. “The first front adds a refined grouping and resolution of our products lines by market applications, which means more attention and leverage from work done within their groups. The second front enhances product ownership and expands the core product teams that include product management, product marketing, product development and R&D. These teams are empowered with greater decision making authority and provide leadership to their individual departments.”

As business evolves, ETAP will also evolve, and in a manner to continue to lead the marketplace.

 

About ETAP
Founded in 1986 and headquartered in Irvine, Calif., ETAP is the global market and technology leader in electrical power system modeling, design, analysis, optimization, and predictive real-time solutions. The Company’s software technologies ensure that power systems are designed for optimal reliability, safety, and energy efficiency; when deployed in real-time mode, they enable organizations to manage energy as a strategic asset, maximize system utilization, lower costs, and achieve higher levels of financial stability. To date, more than 50,000 licenses of the Company’s ETAP and ETAP Real-Time products have been used in demanding generation, transmission, distribution, and industrial power system projects around the world. Visit etap.com for more information

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For further information:
(949) 900-1000
pr@etap.com

Certain names and/or logos used in this document may constitute trademarks, service marks, or trade names of ETAP/Operation Technology or other entities.