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Kalypso Expands Leadership Team

June 14, 2010

Firm Adds Three Team Members with a Wide Range of Expertise

Beachwood, OHIO - Kalypso, the world's premier innovation consulting firm, continues to grow and expand its capabilities with the recent addition of three new Leadership Team members: Horst Groesser, Hank Phelps, and Andrew Hunter.

"We are pleased to increase the depth of expertise we are able to offer clients with the addition of our newest Leadership Team members,” said Bill Poston, Managing Partner of Kalypso. “Each of their backgrounds is a valuable asset to the growing Kalypso team.”

With the addition of Horst, Hank, and Andrew in June 2010, Kalypso continues to build a team of leading business professionals who combine a depth of experience in select industries with unparalleled expertise in product and process innovation.

Horst Groesser

Horst brings over 20 years of experience providing clients with Product Lifecycle Management (PLM) and Supply Chain Management solutions and services. Prior to joining Kalypso, Horst spent 7 years at Agile and Oracle leading consulting practices and engagement teams while specializing in business process design and solution architecture for the implementation of Oracle Agile PLM solutions. Horst provides clients in high tech and manufacturing industries with Agile PLM solutions and services.

Hank Phelps

Hank supports the firm's Product Lifecycle Management (PLM) practice with over 35 years of professional experience. Prior to joining Kalypso, Hank spent 3 years with Conagra Foods as Director of PLM in the Research, Quality and Innovation organization. Hank works with clients in the CPG and Pharmaceutical industries focusing on PLM strategy and design; business process analysis, workflow and change management; product data management; and integration of PLM to Quality, Manufacturing Execution Systems (MES) and Research Systems.

Andrew Hunter

Andrew brings over 25 years of industry and consulting experience to Kalypso's Life Sciences clients. Prior to joining Kalypso, Andrew was VP of Project Management & Clinical Operations at a global provider of medical imaging analysis for clinical trials. He spent 11 years in management consulting at Capgemini, where as a principal he was a leading member of the Life Sciences practice. He will work with clients in the Life Sciences sector, bringing extensive hands-on experience leading and implementing change in the clinical development environment.

About Kalypso

Kalypso is the world's premier innovation consulting firm, helping clients improve profitability by delivering on the promise of innovation. Kalypso offers clients full-service capabilities including Business and Innovation Strategy, Front End of Innovation, Portfolio and Pipeline Management, Development and New Product Introduction, Value Management, PLM Technology, Leadership and Learning, and Intellectual Property Services.