MT. LAUREL, New Jersey - January 24, 2006 - PRICE Systems, world leader in Program Affordability Management Solutions, has named Pete Pizzutillo to the new post of Vice President of Aerospace Solutions.
Mr. Pizzutillo, who moves from his position as the company's Director of Product Development, will be in charge of managing and increasing PRICE Systems' offerings into the North American aerospace market. He will also be responsible for seeking new opportunities to leverage the company's successes into the commercial marketplace, including the launch of PRICE Systems' offerings in Fortune 500 companies.
"This leadership change will solidify our commitment to address the needs of customers as well as expand our sales representation in the aerospace marketplace," said Anthony DeMarco, President of PRICE Systems. "Pete's comprehensive understanding of our business and prior roles within PRICE will greatly benefit our clients and sales network."
Mr. Pizzutillo joined PRICE Systems in 1998 as Director of Marketing, where he oversaw all activities related to the development and implementation of the PRICE Systems brand. In 2003, he moved into product development to help establish the product management/business analysis function at PRICE. The goal of this group is to collect, prioritize and execute product requirements and develop product innovations based on industry experience and contact with customers and industry experts.
In 2004, broadening the scope of his product responsibilities, he was named Director of Product Development. In this role, he was responsible for the company's full product life cycles and oversaw PRICE Systems research and development during several technology transitions as well as the adoption of "extreme programming" and other agile practices.
Mr. Pizzutillo holds two degrees, Bachelor of Science in Business Administration and Bachelor of Arts in Art, from The Pennsylvania State University.
About PRICE Systems
PRICE Systems, the world leader in Program Affordability Management solutions, enables government agencies, defense programs and commercial organizations to successfully select, control and deliver large-scale, complex and high-visibility projects. The company offers cost estimating, cost analysis and knowledge capture tools, combined with expert consulting in cost estimating, and project control methods and best practices, to help customers better control costs and schedules throughout a project's lifecycle, ensuring program affordability. Established in 1975 with offices in the United States, Europe and Asia-Pacific, PRICE Systems serves more than 250 customers worldwide. More than 10,000 project professionals have been trained in the company's cost estimating and analysis methodologies.
Contact Information
Vincent Ferrara
PRICE Systems, LLC
1.856.813.2757
Vincent.Ferrara@PRICESystems.com