Technology >> CEO Interviews >> November 4, 2002

Michael Lurye – Exchange Applications Inc (exap)

MICHAEL LURYE is Vice President, Product Management for Exchange Applications, Inc. He has been with Xchange since the acquisition of Knowledge Stream Partners in April 2000. He has been instrumental in delivering the industry-leading Xchange Real Time solution, serving as the Program Manager on two major releases (XRT 1.0 and 2.0). Both releases were completed on time and on budget. In February 2001 he transitioned to the Product Management role to lead the Customer Value Management initiative (CVM). The objective of the CVM initiative was to develop a long- term solution vision and product roadmap for Xchange. Mr. Lurye was put in charge of the team of experts who developed a number of innovative yet practical concepts, such as Value in Play. As the leader of the newly established Technical Product Management team within Xchange Product Operations, he defined the strategy for combining the multiple isolated product offerings into a coherent Xchange 8 suite. He established a strategic relationship with a major BI vendor that allowed Xchange to deliver the next generation Analytics offering. He played a key role in negotiating a contract to outsource ongoing software maintenance to a cost-effective offshore vendor, saving the company over $1 million per year. Prior to joining Xchange, Mr. Lurye worked at leading CRM and marketing services companies, including Epsilon, Tessera and Knowledge Stream Partners. He provided strategic advice and consulting services to major clients in the telecommunications, financial services and retail industries, including BMG Entertainment, LL Bean, JC Penney, BellSouth, AirTouch, GTE, Citigroup and Chase Manhattan. At Knowledge Stream Partners, he led the team that developed and successfully delivered an Alpha version of the innovative real time marketing solution CRM1, which was subsequently released as Xchange Real Time after KSP was acquired. Profile
TWST: Could we start out with an update on Xchange? What has gone

on over the past year or so that investors should focus on?

Mr. Lurye: Over the past year, the entire software industry