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Innovapptive Appoints Lance Hack as its New Chief Financial Officer to Take Company Through Next Phase of Growth

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Houston, TX - February 2, 2016

Leading SAP® Mobile and User Experience software and solutions provider continues executive team expansion with addition of seasoned finance and operations professional Lance Hack to support the company's long-term goals for further global growth.

Innovapptive Inc., a leading provider of SAP® Mobile and User experience software and solutions, today announced Lance Hack as Chief Financial Officer (CFO). Mr. Hack, a CPA, has over 25 years’ experience helping management teams and investors achieve successful outcomes.

Mr. Hack has a demonstrated track record of achieving these outcomes in technology-oriented service companies ranging from start-ups to high growth multinationals. As CFO of Innovapptive, Mr. Hack will be responsible for implementing financial systems and processes to support the company’s rapid growth path, raising capital and strategic financial planning.

“Innovapptive is committed to making ongoing investments focused on driving global growth and increasing market share and revenues. Further strengthening our leadership team is an important step in reaching those goals,” said Sundeep V. Ravande, President and Co-founder, Innovapptive Inc. “With Lance joining as CFO, we have brought on an experienced, energetic team player who is very much aligned with our business, brand and culture. We look forward to gaining from his financial management experience as the company is on track to achieve aggressive customer, technology and corporate-wide milestones.”

Commenting on his appointment, Mr. Hack said, “Innovapptive has made tremendous progress under it’s current leadership. I look forward to joining this talented team and contributing to the company’s next phase of growth.”

Mr. Hack earned his MBA from the University of Virginia – Darden Graduate School of Business Administration, and his BSE in Systems Engineering from Princeton University.

About Innovapptive

Innovapptive is a 2015 SAP Pinnacle Award winner, a 2014 SAP Pinnacle Award finalist and a 2014 SAP Mobile Apps Challenge winner. Innovapptive is focused on enabling instant mobilization for global 2,000 customers by accelerating their time to market and value. Innovapptive helps customers achieve instant mobilization through its portfolio of mobile apps (77) leveraging SAP HANA Cloud Platform mobile services, which are capable of running on native operating systems and SAP Fiori® apps. Innovapptive’s portfolio of mobile apps is complemented by technology that allows a multitude of customizations through simple configurations. By using these mobile solutions, together with a cloud-based enterprise-branded app store and a configurable app wrapper security tool set, several of the world’s largest customers have instantly mobilized their enterprises in as few as four to six weeks.

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