Barlow Group

Company plans for rapid expansion

San Francisco, CA – NorthStar Systems International, Inc., the fastest growing wealth management software provider to financial services institutions in the United States, today announced the addition of noted TIBCO and SAP software executive Christopher Larsen to its Advisory Board to help the company scale its global operations.

"We are proud to announce that Christopher Larsen has joined the NorthStar Advisory Board" said NorthStar Chairman and CEO Robert Zangrillo. "Christopher is a perfect addition to our Advisory Board to help us scale our field operations in the US as well as build out our strategy for global expansion. As a former senior executive at SAP and TIBCO Software, Christopher brings tremendous experience on how to successfully scale global field operations capable of selling large, mission-critical software solutions to the financial services industry.”

Larsen is a 25-year-veteran of information technology with experience at a number of industry leading companies. Most recently as EVP, Global Field Operations for TIBCO Software Inc, where he was responsible for all field operations, including sales, alliances, professional services and pre-sales support as the company doubled in size over three years, while entering new industry and geographic markets. Prior to this, Mr. Larsen served as president of SAP America, Inc. During his eight-year tenure at SAP, he held a variety of positions of increasing responsibility culminating in his position as president of the US subsidiary where he was responsible for a billion dollar P&L, overall market strategy and operational execution for the largest German ERP subsidiary. Mr. Larsen brings with him a wealth of comprehensive information technology experience, vertical industry experience and a proven track record of global field operation expertise. Mr. Larsen is a graduate of Wake Forest University.

“Given my experience at SAP and TIBCO, I see vertical market software solutions in industries such as financial services as one of the next big opportunities within the software industry,” said Christopher Larsen. “NorthStar’s industry leading solutions delivered on an advanced Services-Oriented Architecture and supported by a talented team, all position the Company to be the dominant vertical market leader for wealth management software globally.”

The NorthStar Advisory Board is comprised of well-respected members of the software and financial services industries. They play a critical role in the evolution of the company by providing insight and guidance on both building a scalable enterprise software company and meeting the evolving needs of the financial services industry. With the benefit of their collective experience, NorthStar’s Advisory Board provides the Company a strategic advantage over other industry players. NorthStar’s Advisory Board includes: Byron Vielehr (Chairman), John Seely Brown, Bill Coleman, Rich Freyberg, Allen J. Gula, Jr., John Hagel, David Levi, Peter Lim, Cary Liu, Steven Mankoff and Ken Rudin.

About NorthStar Systems International
NorthStar is the leading provider of wealth management software to financial services institutions. It has a growing list of clients across market segments and sizes such as Charles Schwab, Citigroup, Legg Mason, Merrill Lynch, Wachovia and several national banks. NorthStar products, delivered either onpremise or on-demand, empower thousands of financial advisors and their teams with full lifecycle advisory capabilities to acquire, implement and manage client assets and liabilities in a compliant manner based on industry and firm best practices. Please visit www.northstar.com.