"Michael Topolovac's remarkable achievement of pioneering the development of two fast-growing spaces -- PLM and on-demand -- has turned Arena Solutions into a true industry leader. Michael had the insight to build what the market was lacking -- an affordable solution that combined the power of PLM with the advantage of on-demand delivery that has been successfully adopted by more than 300 manufacturers," said Martin Huml, chairman of Arena Solutions' board of directors. "With Arena poised on the edge of more expansive growth, Livingston's impressive track record as a leader who helped shape and grow a thriving PLM business serving small- to medium-sized enterprises made him our ideal choice for Arena's CEO position. His deep understanding of our customers' needs and the global PLM market will be a huge advantage as he leads the company in its next phase of growth and success."
"It is an honor to assume leadership of Arena Solutions at such an opportune moment," said Livingston. "Arena PLM is an impressive solution that is already behind great products from companies like Intuit, Tesla Motors, First Alert, Align Technology, Segway and Foundry Networks. Arena is also benefiting from a change in the competitive environment. Its closest competitor -- one with which I have been quite intimate -- has recently been acquired by Oracle and diverted from serving the segment of the mid-market where the two companies once competed. This development has driven once on-the-fence customers to firmly select Arena PLM and help the company further solidify its position as the leading mid-market PLM provider without a CAD or ERP agenda and the only on-demand PLM vendor. The business case for PLM -- especially Arena on-demand PLM -- for small- and medium-sized enterprises has never been stronger than it is right now. My commitment is to leverage the strength of Arena's on-demand solution with the vitality, deep expertise, and customer-intimacy of our organization, to generate Arena Solutions' success for years to come."
Previously, Livingston served as the vice president and general manager of Agile's SME Solutions division and was responsible for global operations for developing, marketing, distributing, and supporting PLM solutions focused on the needs of small and mid-sized manufacturers. Prior to Agile, Livingston held various executive sales and operations positions at other engineering and enterprise software leaders, including think3, PeopleSoft, CCI/Triad, and Borland.
"There is much we have accomplished since inception, but what I am most proud of is the incredible product our team has built and I am particularly honored that many of the world's most innovative companies and thousands of users have chosen Arena PLM to help them bring their products to market. I am also especially enthusiastic about the promise of where I see the business headed -- our opportunities are tremendous," said Topolovac. "My desire to pursue other personal interests and the onset of this rapid growth phase drove my decision to find the right successor to effectively lead the company, maximize its growth, and take it to its next level. Craig is a great business leader with valuable and truly relevant experience. I am delighted we've selected him as Arena Solutions' new CEO."
About Arena Solutions
Arena Solutions is the leading provider of on-demand (SaaS) product lifecycle management solutions for manufacturing companies of all sizes. As the only true on-demand, secure Internet-based PLM service, Arena PLM provides a superior alternative to complicated, lengthy and expensive traditional PLM software deployments. Through its award-winning service, Arena enables product manufacturers and their global supply chains to streamline outsourcing, improve operational efficiencies, comply with an increasing number of standards and regulations, and speed time-to-market. Arena PLM has been adopted by more than 15,000 users across companies at all stages of development, including industry leaders Foundry Networks, Color Kinetics, Intuit, Sierra Wireless, Align Technology and more.
Arena Solutions' market-changing approach to PLM has received significant recognition in the industry, including Manufacturing Business Technology's Top 40 Emerging Vendors, the Supply & Demand Chain Executive 100, Industry Week's "Technology of the Year - Notable Innovators" and Start Magazine's "Hottest" Companies.
Founded in February 2000, Arena Solutions is headquartered in Foster City, California. For more information, please visit the company's website at www.arenasolutions.com.
Arena Solutions, Arena PLM Workgroup Edition, Arena PLM Professional Edition, and Arena PLM Enterprise Edition are trademarks of Arena Solutions, Inc. Other product and company names are the property of their respective holders.
Contact: Cindi Goodsell Arena Solutions Email Contact 510.479.9015