June 6, 2017

HighRadius to Expand Advisory Board with Addition of New Member Focused on High-Growth Software Space

Kevin Klausmeyer joins the Board of Advisors at HighRadius, bringing experience and expertise from publicly-held, high-growth software companies. HOUSTON, TX JUNE 06, 2017 HighRadius Corporation announced today that Kevin Klausmeyer will be joining its Board of Advisors. Mr. Klausmeyer is a seasoned finance and strategy executive in the software industry, having served on the boards of several high-growth public and private software companies. He is a strategic addition to the HighRadius Board of Advisors, as the Fintech software company is experiencing phenomenal growth and record expansion. Mr. Klausmeyer has served on the board of directors of public companies such as Quest Software and Sourcefire, which ultimately sold to Dell and Cisco, respectively, and is currently serving on the boards of Hortonworks and CallidusCloud. He is an SEC “financial expert,” with deep operational expertise, and has helped several technology companies reach their strategic goals. On the addition of Mr. Klausmeyer to the Advisory Board, Sashi Narahari, CEO and Founder of HighRadius, says “Identifying opportunities for business growth becomes a priority for long-term success, because without it, a firm cannot possibly define its objectives for the future. While a company may be happy with its current business performance, to make the most impact, keep market share and outperform the competition, we must keep looking for ways to develop and execute an expansive business growth strategy. Bringing Kevin on to our Board of Advisors will help HighRadius identify the strengths and weaknesses of our current business, measure performance, determine future risks and success factors, and set targets. This will ensure our business is properly structured and resourced to make our business growth strategy viable and undeniable.” Mr. Klausmeyer noted, “HighRadius is a laser-focused company with a market-leading solution. I have been very impressed with their performance, the quality of their customers, and the passion with which their customers endorse the HighRadius TM solutions. Clearly, the HighRadius future will be very exciting.” About HighRadius Corporation HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company that provides an Integrated Receivables Platform to optimize receivables and payments functions such as credit, collections, cash application, deductions, and electronic billing and payment processing. The Integrated Receivables platform allows suppliers to digitally connect with buyers via the RadiusOne network, closing the loop from supplier receivable processes to buyer payable processes. HighRadius TM solutions have a proven track record of reducing days sales outstanding (DSO) and bad debt, and increasing operation efficiency, enabling companies to achieve an ROI in just a few months. For more information please visit http://www.highradius.com. For More Information Contact:: Tara Gallagher Senior Marketing Manager tara.gallagher@highradius.com
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