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Quark Names Raymond Schiavone President and CEO

November 2006
New CEO To Lead Expansion of Product Line, Strategic Alliances, and Company Operations

DENVER­—NOVEMBER 1, 2006—Quark Inc. announced that Raymond Schiavone, a veteran software company CEO and former GE executive, has joined the company as president and CEO. Acting President Linda Chase will remain with the company in her ongoing capacity as Senior Vice President of Enterprise Products.

In making this announcement today, Quark Chairman of the Board Farah “Sasha” Ebrahimi said, “This important change signals a new era for Quark. We are excited to bring in professional management of the caliber of Ray Schiavone. He has exactly what we need to aggressively take Quark to the next level. His in-depth experience growing global software companies will benefit our customers, our partners and our employees.”

“Quark remains the best-of-breed choice for the creative professional, as demonstrated by our recent QuarkXPress 7 release,” said Schiavone. “Over the coming years, our customers will see us not only growing our product line, but also providing additional value through expanded strategic partnerships and focus on customer service and support. We will continue to lead the industry by bringing innovative solutions to market and providing state of the art tools for creative professionals.”

Prior to joining Quark, Schiavone was president and CEO of Arbortext, Inc., where he directed the company to an industry-leading position in XML-based authoring and automated publishing software, which led to its acquisition in 2005. Previously he was President of TPN Register, a GE and Thomas Publishing joint venture, where he took the company from a start-up to a top position in the electronic commerce industry.

Prior to TPN Register, Schiavone had a highly successful career as an executive in GE. During his 14-year tenure there, he held a variety of leadership positions throughout the United States and Europe. He was a graduate of GE’s prestigious Corporate Audit Staff and Information Management Leadership programs. He holds a Masters of Business Administration from the University of Maryland and a bachelor of science degree from Syracuse University. Schiavone is also a board member at the University of Maryland Engineering School.

Executive search firm Christian & Timbers led the professional search for Quark.

About Quark
Quark Inc. (www.quark.com) is an innovative software company providing design, production, and collaboration solutions that are transforming the business of creative communications. Quark has provided award-winning software for professional publishers since its flagship product, QuarkXPress, changed the course of traditional publishing. Founded in 1981, Denver-based Quark Inc. is privately held.
 

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