Veteran Sales Executive, Bill Binch, Joins Qvidian Board of Directors

LOWELL, MA – May 10, 2012

Qvidian, the market leader in cloud computing sales effectiveness applications, today announces that Bill Binch has been elected to the company’s Board of Directors. Binch is currently Senior Vice President of Sales for Marketo, one of the fastest growing Software as a Service (SaaS) companies in history.

“Bill is the perfect fit for our board,” said Lewis Miller, President of Qvidian. “As an accomplished software executive with a track record of leading highly successful sales teams, he fits the profile of our target buyer. Leading sales for a fast growth SaaS company like Marketo aligns well with the type of expertise and insight we're looking to gain organizationally. We’re extremely fortunate to have him on our board of directors and look forward to benefiting from his keen insights and experience.”

"I'm excited to contribute to Qvidian's direction and plans," says Binch. "Improving sales execution and winning more deals is an area that all sales teams—regardless of size, industry, or marketplace—can improve upon. Qvidian is well positioned to drive significant gains in this area.”

Binch has led the sales efforts for Marketo, the fastest growing provider of Revenue Performance Management solutions, since early 2008 and has overseen the growth of the company from 17 employees to more than 300. His focus has been on building a high execution sales team to propel Marketo's bookings growth.

Prior to Marketo, Binch held leadership positions at Oracle, PeopleSoft, BEA Systems, and Avolent. In 2011, Binch was recognized by The Stevie Awards for Sales Leadership, winning the “Top Worldwide VP of Sales” award.

About Qvidian
Qvidian provides cloud-computing applications that improve sales effectiveness. Qvidian Proposal Automation accelerates the production of client-focused proposals, RFP responses, and sales presentations. Qvidian Sales Playbooks & Analytics provides sellers with access to the most relevant sales content, tools, and expertise within the organization. Over 1,000 companies trust Qvidian to increase win rates, improve productivity, and accelerate the sales cycle. Learn more at www.Qvidian.com.