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Dave Cooper Joins FuelQuest as Chief Technology Officer

HOUSTON, TX — (Marketwired) — 09/10/13 — , the leading on-demand software and services company for the global downstream energy industry, today announced the addition of Dave Cooper to their management team as Senior Vice-President and Chief Technology Officer. Dave is a veteran technology executive with over 29 years of software leadership experience at a variety of successful venture-backed companies. His background building global development and support organizations will aid FuelQuest as it continues expanding its fuel management and tax automation software into both domestic and international markets.

“FuelQuest is an industry leader with products and services that significantly improve the economics of fuel supply logistics and compliance in the downstream energy market,” says Dave. “The opportunity to enhance the breadth and depth of our solutions within our existing customer base and within new markets is tremendous. The decision to join the company was made easy for me with an already strong leadership team in place and recognized best-in-class solutions.”

Dave Cooper is an experienced executive in both startup and growth-stage companies. He launched his first software company at the age of 14, growing it to over $10 million in revenue prior to it being acquired. As VP of Development at TenFold Corporation, he built a patented development framework for creating mission-critical applications that generated revenue from $3M to $93M in three years. Dave also served as the CTO for Echopass, a cloud-based solution for high-volume, customer support contact centers, and as the CTO for Pavilion Technologies where he built non-linear, model-based optimization software for multiple industries. After Rockwell Automation-s acquisition of Pavilion and prior to joining FuelQuest, Dave directed Rockwell Software-s development and operations across seven campuses in North America, Europe, China, and India.

“We are excited to have Dave Cooper join our management team,” said Matt Tormollen, president and CEO of FuelQuest. “Dave-s expertise in building scalable, high-performing teams and solutions is evident from his track record of success. Given our successful collaboration at Pavilion Technologies, I am confident his leadership will ensure FuelQuest products and services continue to provide a strong return on investment for our customers in the downstream energy industry.”

FuelQuest provides on-demand fuel management, tax automation, and compliance solutions for suppliers, distributors, buyers, and traders of petroleum products and other energy commodities. FuelQuest-s solutions deliver operational and financial value to over 650 customers. These customers include leading global oil companies, international retailers, shippers and government entities. FuelQuest-s fuel management solutions help customers manage the complexity, regulation and market volatility for more than 20 billion gallons of gasoline and diesel fuel annually. Its Zytax solutions ensure compliance and accuracy for tens of billions of dollars of energy-related excise taxes per year.

Carolyn Adams
415.963.4174

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