Motionsoft Expands Executive Team with Appointment of Brian Daum as Chief Financial Officer

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Rockville, MD -- (Monday, November 27th) Motionsoft, the premier technology provider of cloud software solutions for the health and fitness industry, is pleased to announce the appointment of Brian Daum as Chief Financial Officer (CFO).  As CFO, Brian will be a strategic partner to the CEO and executive team to drive accelerated growth and profitability in the business through a strengthened, value-added and strategic finance function.  He will be responsible for the Company’s finance, planning, accounting, human resources, legal and administrative functions.

Brian brings over 25 years of commercial and strategic experience in achieving financial business objectives.  Prior to Motionsoft, Brian was CFO & COO of Savi Technology, and before that, CFO with Centrifuge Systems, Arc Second, Inc. (sold to Nikon), Sandbox, Inc., and, Multimedia Medical Systems, Inc. (sold to Varian Medical Systems).  Earlier in his career he served as an auditor in Ernst & Young's Entrepreneurial Services Group, where he served emerging technology businesses.

Commenting on his recent appointment, Brian Daum noted: “I’m delighted to be joining Motionsoft at such an exciting time of transformation. My passion is in finding growth-focused operational efficiencies and investing in initiatives that create excellent return on investments while building best of class technology solutions. Motionsoft’s growth focus, top tier customer base and competitive position in a market that’s exploding are the key reasons I wanted to join the Company.  This is an exciting opportunity.”

“I’m thrilled to welcome a leader like Brian to the executive team who can significantly strengthen our executive leadership group.  Brian brings excellent technical insights and a highly professional approach to financial management that is coupled with strong values that align perfectly with our business.  I’m looking forward to working closely with Brian to achieve our ambitious growth plans,” said John Cramp, Chief Executive Officer at Motionsoft.

About Motionsoft

Founded in 2004, Motionsoft pioneered cloud-based gym management software technology for club operators in the health and fitness industry.  Our innovative solutions rapidly create operational efficiencies that allow operators to focus on delivering outstanding member experiences.  Motionsoft’s gym software and payment processing solutions are trusted by more than 2,500 of the best brands in fitness including some of the most well know hospital wellness centers, club franchises, university recreation centers, and luxury fitness clubs in North America and Europe.  Motionsoft’s club management software platform supports more than 5 million club members.  Motionsoft’s payment processing gateway processes over $3 billion annually.