Pratacom Names Chief Technology Officer

Enterprise solutions provider Pratacom has named Timothy Rider CTO. He joins the Chicago IL finance technology company from eRollout Solutions, where he held the same position. Pratacom focuses on technology based financial services.

Online PR News – 22-March-2011 – – FOR IMMEDIATE RELEASE
(Press Release) – Chicago, IL Pratacom, ( an enterprise solutions provider with a focus on technology and financial industry clients, today announced that Timothy Rider has been named Chief Technology Officer.
Rider reports to Malcom Earner, president of Pratacom, a wholly-owned U.S. subsidiary of Cebril Ltd, a $25 million publicly traded India-based software solutions and outsourcing service provider.

Prior to his appointment, Rider was vice president and CTO at eRollout Solutions, where he guided the company’s product-based services turnaround strategy, until its acquisition by Allestate in December 2007. At Allestate, he continued in that role, leading eRollout’s integration with the parent company.

“Timothy Rider brings significant senior management depth to technology, operations and strategy,” said Earner. “His experience in leading people and organizations will be immensely valuable and timely in managing Pratacom’s growth strategy.”

Pratacom’s Commitment to Technology

“Pratacom’s commitment to investing in technologies to provide cost effective and creative solutions that enable companies to run their businesses more effectively will enable us to continue our global growth,” Rider said. “I look forward to utilizing my operations and technology expertise, and working with the leadership team to further this strategy.”

Rider brings significant technology and operational strength to Pratacom. He has held senior executive management positions and consulted as technical advisor for subsidiaries of large Fortune 100 and Fortune 500 companies, including H&R Block's Option One, and Florida Power and Light.

About Pratacom

Prata Commodities was formed in 1981 with the realization that no one financial institution was able to provide and service all of an individual’s financial needs, and that an independent adviser was best suited as the intermediary. Prata Commodities primary role is the selection and continued connection with the financial institutions that provide the best in value, strength and service.

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