Press Release
VICOR Appoints Bob Murphy as Senior Vice President
of Marketing
Contact: Mike Dignen
VICOR, Inc.
610-524-5950 or mdignen@vicor.com
RICHMOND, CA, July 5, 2005 – VICOR, Inc., a leading
provider of technology products for the payments industry,
today announced that Bob Murphy has been appointed senior
vice president of marketing. Today’s announcement
is part of the company’s initiative to expand
into new market segments beyond the lockbox arena.
Murphy brings extensive marketing and business development
expertise to his new position at VICOR, having most
recently served as vice president and general manager
of the North American division of CyberNet, Inc. At
CyberNet, Murphy led the market entry strategy and established
the North American operations for the Korean electronic
payment systems firm.
Previous to that, Murphy was vice president of marketing
at Logilent Learning Systems, where he was responsible
for all aspects of marketing, led a major corporate
repositioning, and managed five product launches. Before
joining Logilent Learning Systems, Murphy was vice president
of marketing at CyberBills, Inc., where he deployed
a series of integrated marketing programs that helped
CyberBills become a category creation leader within
the electronic bill payment and presentment industry.
Murphy also has held key management positions at PaymentNet,
VeriFone and GTE Systems.
In his new role, Murphy will lead VICOR’s marketing
and communications strategy and oversee corporate media
relations, corporate analyst relations, product marketing,
corporate events and tradeshows, and advertising. Murphy
will report to VICOR President Bob Kirk.
“Bob is an exceptional marketing and business
development executive with a wealth of experience in
the software and payments industries,” stated
Kirk. “His track record of developing and executing
marketing programs that generate growth via new products,
customers and channel relationships will provide key
leadership as we continue to drive VICOR’s visibility
and profile into new market segments. VICOR will continue
to invest in its team as it broadens its scope with
new products that accelerate the digital transformation.”
Murphy has an MBA from St. Mary’s College of
California, where he graduated with honors, and a Bachelor
of Science degree in Mechanical Engineering from Oregon
State University.
About VICOR, Inc.
VICOR is a leading provider of technology products for
the payments industry. The company’s flagship
product, RIDS (Receivables Information Delivery System),
is the first payment processing and cash management
platform to offer full color images and intra-day delivery
of receivables information via the Internet and other
publishing options. Currently installed in 24 sites,
RIDS processed over 180 million transactions in 2004,
representing more than $1.1 trillion. VICOR is headquartered
in Richmond, CA, and is privately held. For more information,
contact 510-621-2000 or visit www.vicor.com.
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