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Model N Welcomes Alan Henricks to its Board of Directors


REDWOOD CITY, CA -- (Marketwired) -- 05/11/15 -- Model N, Inc. (NYSE: MODN), the leading Revenue Management Cloud solutions provider to the life science and technology industries, announced today that Alan Henricks, former Chief Financial Officer of multiple successful software companies, has been appointed to its Board of Directors, effective May 7, 2015.

Alan Henricks is a 40-year veteran of the high tech industry where he has served as CFO of public and private companies such as Pure Digital Technologies, Traiana, Interwoven, Informix, Documentum and Borland. Henricks has extensive board experience serving on the Boards of Directors of Roku, Applied Predictive Technologies, Ellie Mae, and A10 Networks.

"We welcome Alan to the Model N Board of Directors," said Zack Rinat, Founder, Chairman, and Chief Executive Officer of Model N. "Alan brings extraordinary strategic, operational and board experience in enterprise software, which I am confident will be invaluable to us."

"I am excited to join a world-class board," said Henricks. "I have known Zack and members of the board for a long time and am looking forward to helping Model N capitalize on the tremendous opportunity in Revenue Management. I believe that leveraging software to manage end-to-end revenues life cycle is the next source of competitive advantage for organizations."

Henricks also consults with several high-tech startups, and has been a frequent speaker at financial and industry conferences. He earned a Bachelor of Science in Engineering from the Massachusetts Institute of Technology and a Master of Business Administration from Stanford University.

About Model N

Model N is the leader in Revenue Management Cloud solutions. Model N helps its customers maximize their revenues by maximizing sell time, revenues per opportunity and number of opportunities. Model N Cloud solutions manage every dollar that impacts the customer's top line and transforms the revenue lifecycle from a series of disjointed operations into a strategic end-to-end process. With deep industry expertise, Model N supports the unique business needs of life science and technology companies across more than 100 countries. Global customers include: Actavis, Allergan, Amgen, Atmel, Boston Scientific, Bristol-Myers Squibb, Johnson & Johnson, Linear Technology, Merck, Marvell, Maxim, Micron, Microsoft Mobile, Novartis, Novo Nordisk, ON Semiconductor, and STMicroelectronics. Learn more at: Model N is traded on the New York Stock Exchange under the symbol MODN.

Model N® is the registered trademark of Model N, Inc. Any other company names mentioned are the property of their respective owners and are mentioned for identification purposes only.

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Ashley Fuoss
Model N
Tel: 650-610-4689

Source: Model N, Inc

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