Jon Roskill Joins Acumatica as CEO

Kirkland, WA, March 6, 2014 – Acumatica, the fastest-growing leader in Cloud-based Enterprise Resource Planning (ERP) solutions for small and medium-sized companies, today announced the appointment of Jon Roskill as Chief Executive Officer, effective immediately.

Roskill brings 25 years of leadership experience in the software business, including a 20-year career at Microsoft, where he held the position of Channel Chief.

“This is the perfect time to enter the ERP marketplace,” said Roskill, who takes over the reins from Yury Larichev. “It’s a market worth $60 billion, so capturing even just one percent of that revenue is incredible. It’s time the stodgy, old ERP scene got a shake-up. Acumatica is perfectly positioned to disrupt this space with its innovative Cloud ERP technology. As a long-time channel builder, I am especially excited about Acumatica’s 100-percent commitment to sell with and through partners.”

Larichev will stay on at Acumatica through March to ensure a smooth transition for Roskill. “I’m happy to have taken Acumatica this far,” said Larichev. “Since I joined, Acumatica has seen tremendous growth, and this will continue under Jon’s leadership. He is the right person, at the right time, for Acumatica. I’m excited to see him take Acumatica to new heights.”

Larichev, whose new role will be announced in the coming weeks, will stay on the Acumatica Board as an advisor.

Roskill said: “I’m impressed with the direction Acumatica has taken under Yury. I thank him for handing me a company poised for incredible growth, with a great worldwide team that is passionate about making waves in the business software space.”

In his 20-year career at Microsoft, Roskill held a variety of roles, and was most recently the Corporate Vice President running the Worldwide Partner Group that comprised more than 5,000 employees and 640,000 partners. He also ran all Microsoft US business operations, strategy and marketing, boasting more than $20 billion in sales; and was General Manager of the Server and Developer Tools Division. The father of two teenagers who started his career as a programmer is also an active start-up investor and popular public speaker.

Roskill’s appointment comes at an exciting time in Acumatica’s history. Last year, the company posted 350% year-over-year revenue growth. Spurring the company’s worldwide growth were partner recruitment, which doubled channel numbers to more than 270 partners; as well as the acquisition of high-profile customers such as e-Recycling and Youngevity.

“I’m here and I’m ready to make some impact,” said Roskill. “I love being an underdog and taking the bigger guys on. It’s time Acumatica made its stamp on ERP history. Bring it on.”

About Acumatica

Founded in 2008, Acumatica is the fastest-growing provider of highly customizable, cloud based ERP applications for small and midsized businesses, offering financial management, distribution, CRM and project accounting suites. Acumatica Cloud Platform, the company’s technology development platform, gives ISVs and OEMs a rapid, cost-effective means of developing and integrating cloud-based apps, using industry-standard tools. The privately-held company’s products are delivered through a global channel-partner network of VARs, ISVs, and OEMs. Headquartered in Kirkland, WA, Acumatica maintains offices in Washington DC, Moscow, and Singapore. Acumatica has affiliate offices in Indonesia and Mexico. Acumatica is sold through resellers in the US, Canada, UK, Africa, the Middle East, India and various countries in Southeast Asia. In the Nordic countries and the Netherlands, Acumatica is sold as part of; and in Australia and New Zealand, Acumatica is sold under MYOB’s brand name.

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Dorothy Ho

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Acumatica +1 425.658.4913 Office +1 206.303.7750 Cell