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For Immediate Release

Contact:

Paul C. Stefunek
Office: 330-463-0303 ext. 223
Cell: 440.781.1794
pstefunek@paul-lawrence.com

paul~lawrence associates Recruits Thomas Sheehan as Senior Vice President of Sales for Andera

September 6, 2011 – (Cleveland, Ohio)paul-lawrence associates is pleased to announce that Thomas Sheehan has been hired by Andera as Senior Vice President of Sales. Mr. Sheehan will be responsible for extending Andera's leadership in the online account opening market. He will oversee all aspects of sales strategy and execution, including account management, telesales, enterprise sales and channel sales. Paul C. Stefunek and Mark E. Little were the search consultants managing the assignment.

Mr. Sheehan most recently was Vice President of Sales for ACI Worldwide, Inc. in Newton, Massachusetts. Prior, Tom was Vice President of Sales for Financial Fusion, Inc. in Concord, Massachusetts and Vice President of Sales/Operations for Logan Britton, Inc. in Wilmington, Massachusetts.

Andera Inc., headquartered in Providence Rhode Island, is the #1 provider of online account opening and funding solutions in the U.S., serving more financial institution clients than any other vendor. Andera pioneered online account opening and funding technology with the industry's first real-time account opening transaction in 2001. Their proprietary platform has evolved in the time since, and today is designed to automate the customer acquisition process throughout a financial institution's various delivery channels, including their branches, call centers, and web sites.

Andera's customer base includes over 450 financial institutions ranging from community credit unions to top ten banks. The Andera team is over 60 employees and growing. The sales team consists of eight people and is planning on more than doubling in size in the next few years. Andera also closed a $9 million investment led by Edison Ventures in September to support its rapid growth.

paul~lawrence associates operates from offices in the United States and five offices internationally. In addition to serving large global services companies through its international practice, paul~lawrence associates provides 10 different practices to serve its global Fortune 1000 clientele.

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