2006 News

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Productivity Apex, Inc. Appoints New President

Orlando, Fla., Jan. 10, 2006 --- Productivity Apex, Inc., a leading modeling and simulation solutions provider, has appointed Maurice M. (Mike) Callinan president.

Callinan formerly served as senior manager in the Business Development and Advanced Programs department of Lockheed Martin’s Simulation, Training, and Support division in Orlando.

Dr. Mansooreh Mollaghasemi, chairman and chief executive officer of Productivity Apex, said Callinan has extensive experience in strategic planning, business operations, and the development of customer value propositions associated with the development, marketing, and implementation of high technology products and services.

Dr. Mollaghasemi, added that Callinan’s leadership and experience will play an important role in the firm’s growth.

Productivity Apex, a client of the University of Central Florida Technology Incubator, offers a wide range of software development and consulting services in the areas of simulation modeling and analysis; supply chain modeling and performance based logistics; artificial intelligence and data mining; and process optimization.

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For more information, contact:
Dr. Mansooreh Mollaghasemi, Ph.D., Chairman/CEO, Productivity Apex 407-384-0800
Carol Ann Dykes, Chief Operating Officer, UCF Technology Incubator, 407-882-0211
Larry Vershel or Beth Payan, LV Communications, 407-644-4142

About the UCF Technology Incubator
Since its founding in 1999, the UCF Technology Incubator has helped more than 80 emerging technology companies create over $175 million in revenue and more than 630 new jobs with an average salary of $59,000. The UCF Technology Incubator was recently named the 2004 Technology Incubator of the Year by the National Business Incubation Association. Headquartered in Research Park near the University, the Incubator is a true collaboration in economic development between UCF, Orange County, the City of Orlando, the Florida High Tech Corridor Council and the Metro Orlando Economic Development Commission. For more information, please visit http://www.incubator.ucf.edu.