Akcelerant Appoints New CFO And Announces Organizational Changes

Contact: Lauren Sybesma I 610.232.2788

MALVERN, PENNSYLVANIA – August 18, 2011 – Akcelerant, a provider of connected software technology to the financial services industry, announced today key organizational changes that will support the company’s rapid growth fueled by the addition of a new product line, Akcelerant Elements, and the success of Akcelerant’s new loan origination system, SOLUTION.LENDING.

As part of these organizational changes, Kathryn Thompson has been promoted to Chief Financial Officer and will oversee Akcelerant’s finance, human resources, legal and administrative areas. Kathryn’s wealth of experience and knowledge has grown exponentially throughout her 11 years with the company, and she will now lead the organization in developing new strategies, plans and policies that will strengthen Akcelerant’s overall financial position.

Five new Senior Vice Presidents in the areas of Product Management, Product Development, Architecture, Professional Services, and Customer Care have also been appointed, and 13 new open positions, spanning all areas of the organization, will be filled during the remainder of 2011.

“Akcelerant’s newest products are provoking an incredible response from the industry, so it is important that we proactively adjust our organizational structure to support such growth,” states Jay Mossman, President & CEO of Akcelerant. “Kathryn and the other members of Akcelerant’s management team exhibit strong leadership skills, and I am confident that they possess the talent and vision necessary to support this company as we continue to expand.”

About Akcelerant Software LLC

Akcelerant, with offices in Malvern, Pennsylvania and Vancouver, British Columbia, provides connected software applications to the financial services industry through multiple product lines and integration to best-of-breed service providers. Approximately 500 financial institutions in all 50 states and all provinces of Canada are currently using Akcelerant technology.  For more information about Akcelerant, visit

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