
July 31, 2006
eLynx Ltd., a portfolio company of American Capital Strategies (NASDAQ: ACAS) and a leading provider of e-services that transform paper-intensive business processes into secure electronic operations, announced today that it has appointed Alan Matuszak as the new vice president of software engineering. In this position, Matuszak will oversee the company’s entire software development team to deliver product initiatives and enhancements that promote new business and client satisfaction.
Matuszak comes to eLynx with more than 15 years of IT experience, during which time he held senior positions for international and Fortune 1000 companies such as Compaq and Tenneco. Matuszak also worked at Landata Systems, where he managed the development of a commercial software package that automates the real estate closing process. The application received the TitleTech Discovery Award in 1996, and as of 2006 is still widely used by hundreds of title insurance agencies across the country. Most recently, Matuszak spent the past four years managing eBusiness applications development for Xpedx, North America’s largest marketer and distributor of printing papers, graphics, packaging and facilities supplies and equipment. Prior to that, Matuszak spent two years as director of web development at Arch Wireless.
Commenting on the new appointment, Phil Huff, president and CEO of eLynx said "Alan’s experience managing sophisticated IT departments to develop award-winning software solutions made him the clear choice for our management team. eLynx is widely respected in the financial services industry for its innovative solutions, and we expect Alan will help promote this same level of recognition for eLynx in new market ventures."
As a premier service provider for 14 of the top 20 lenders, eLynx has expanded its solutions into the insurance industry, which has an intense demand for e-business solutions with immediate impact. Matuszak attested to this, saying, "I’ve watched the positive response to eLynx in the financial industry for years, admiring its eBusiness achievements around regulations, compliance challenges and paper processes. I look forward to being a part of the team that takes ebusiness to the next level."
About eLynx
Founded in 1994, eLynx sets the standard for eBusiness expectations through ground-breaking ideas and creative solutions to industry challenges. The company’s solutions integrate quickly with customers’ existing business systems to automate paper-intensive processes, delivering improved workflow and significant cost savings. eLynx’s innovative solutions also ensure compliance with evolving industry regulations and standards, while maintaining data electronically throughout the document lifecycle. The nation’s top financial services enterprises rely on eLynx to communicate with customers and collaborate with business partners quickly, securely and reliably. eLynx is a portfolio company of American Capital Strategies (NASDAQ: ACAS). For more information visit www.elynx.com.
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