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James E. McGrath Joins Perillon Board of Directors - Corporate Strategy Expert and Veteran in Building High-Growth Private and Public Companies

Littleton, Massachusetts, November 30, 2009 -- Perillon Software Inc., a leading provider of Energy and Environmental Management solutions, is pleased to announce that James E. McGrath has joined its Board of Directors. He will also serve the Company as an Advisor leveraging his expertise in helping build high-growth companies.

Mr. McGrath is an expert in the fields of corporate development, general management, and corporate strategy. He has been a founder of or early investor in more than 30 companies, a dozen of which have become publicly traded. Mr. McGrath is currently Chairman and CEO of Fairfax Capital Partners, Inc., a privately held investment and business advisory company.

"I am delighted to join the Perillon Board of Directors,” commented Mr. McGrath. “I believe the company possesses the right blend of elements to build a great company—robust, dynamic products that represent a great value for the customer, a high-growth market opportunity and an exceptional management team led by CEO and Chairman Bardwell Salmon and COO and President John Niemoller. I look forward to being a part of the company.”

Over a distinguished career spanning more than 30 years, Mr. McGrath has held many leadership positions, including:

  • Co-Founder and Director of American Medical Response, Inc., traded on the New York Stock Exchange, and sold to Laidlaw Industries in 1997. In the six years following its inception in 1991, through acquisition and consolidation American Medical Response became the largest ambulance service provider in the United States, with revenue reaching over $1.5 billion. During this period, the company’s stock price rose five-fold.
  • Chairman and Director of Perceptron, Inc., a publicly-traded (NASDAQ) high-technology company serving the industrial machine vision market. During his 3-year tenure as Chairman, he restructured the organization to double revenues and increase profits more than four-fold in three years. The Company’s stock rose from $3.60 to $37.00.
  • Chairman of the Board of Xycom Automation, Inc., a leading privately held high-technology factory automation company.
  • Managing Director and a Partner at William E. Simon & Sons, Inc., where he helped create the firm’s venture capital fund as well as establish large initiatives in shipping and oil and gas
  • President of E.F. Hutton & Company, Inc.’s venture capital division and head of the firm’s merchant banking, leveraged buy-out, and direct acquisition activities.

“We are very pleased to have Mr. McGrath as a Director to help us even further accelerate our growth in the rapidly changing market for energy and environmental software solutions,” said Bardwell Salmon. “He is recognized in the investor community as an experienced company builder, ideally suited for the large opportunity in front of Perillon.”

Mr. McGrath received his BA degree from Harvard College and his MBA degree from the Harvard Business School.

Perillon is a leading provider of Energy and Environmental Management software-as-a-service (SaaS) solutions to corporations focused on Environmental, Energy and Sustainability Management. Headquartered in Littleton, Massachusetts, Perillon helps organizations achieve not only regulatory compliance, but sustainability. Our solutions are easy to use, easy to own and we are an easy company to work with. Learn more about Perillon at www.perillon.com .
 
 
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