Oildex, Transzap Expand Executive Team, Appoint New Leadership for Marketing Organization

SaaS Industry Veteran Michael Corbett Joins Transzap’s Executive Management Team

Denver, CO and Houston, TX (PRWEB) February 28, 2013 - Transzap, Inc., the parent company of Oildex, the pioneer developer of cloud-based smart information management solutions for the energy industry, is pleased to announce the appointment of Mr. Michael Corbett as Vice President of Marketing. Michael’s appointment supports Oildex’s strategic growth initiative executed by the company's Board of Directors and President/CEO, Mr. Richard Slack.

"The appointment of Michael to Vice President of Marketing will augment Transzap’s strong executive team and will help to best articulate the unique value of Oildex’s solutions,” said Richard Slack, Transzap President and CEO. "With his extensive experience and vast knowledge of the SaaS market, Michael will be instrumental in strengthening our brand across key market segments and help better position the company to achieve our ambitious growth goals."

Mr. Corbett brings over 24 years of extensive SaaS-based experience to Oildex, having previously served in a number of senior marketing and strategic development management roles at leading technology companies, including IHS, Quark and Micromedia.  Most recently, Michael served as the Vice President of Marketing Operations for OnTargetJobs where he was responsible for establishing and executing the company’s marketing strategy, which increased brand engagement by 48%, resulting in record-breaking annual revenue growth for the company of over 21%.

"It is a privilege to join the Oildex team and I am excited to come on board to help drive the company’s continued growth," said Michael Corbett.  "I look forward to shaping the company's brand and marketing strategies to reinforce and augment the reputation Oildex has already built as the leading provider of smart information management solutions to the oil and gas industry."

Mr. Corbett will report to Richard Slack, and will lead Oildex’s Marketing team where he will be responsible for the company’s go-to-market strategy, including its strategic marketing, product marketing and marketing communications initiatives. Michael received a B.A. degree in Management from the University of Oklahoma.

About Transzap, Inc.

Transzap, the parent company of Oildex, provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and natural gas industry. The Oildex suite of services streamlines operations, enabling companies to shift from paper-based processes to electronic, and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™), business intelligence (Trendx™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), budget creation and approval (AFEworks™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Transzap has offices in Denver and Houston. For more information, please visit http://www.transzap.com or http://www.oildex.com.

Transzap & Oildex Contact:

Courtney Brewer, Marketing Specialist

303-222-6139

cbrewer(at)transzap(dot)com

Courtney Brewer Oildex 303-222-6139

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