NEW YORK, Feb. 6, 2012 /PRNewswire/ -- Comtex News
Network, Inc., a leading provider of economically useful
electronic real-time news, content and
SmarTrend® market products, today announced
that Kan Devnani has been appointed to the positions of Chief
Technology Officer and Vice President. As CTO, Mr. Devnani
will design and lead the company's technology strategies, spearhead
innovative product development and execution, and ensure the
continued growth of technology security and infrastructure.
Mr. Devnani has extensive experience in the finance and
investment banking industries, and brought Comtex more than a
decade of valuable technology leadership, when he joined the
company as Director, Technology in 2010. From 1998 until
2010, he served in various senior software engineering leadership
positions at FactSet Research Systems, Inc., a leading supplier of
financial information which combines global market data, public and
private company data, and equity and fixed income information into
a consolidated platform. During his time there, Mr. Devnani
successfully started and executed aggressive product, technology
and content integration initiatives.
"Kan has a proven track record of building strong, motivated IT
teams with both in-house and offshore resources, and delivering
innovative products and platforms for Comtex. We're thrilled
to promote him to this key senior management position," said
Chip Brian, President and CEO of
Comtex. "2012 is a pivotal year in the company's journey with
a focus on expanding its reach and scope through an aggressive
corporate strategy and product roadmap. Kan's background and
insight into building actionable content and user based products
will propel our ambitious product strategy forward and help to
accelerate the growth of our business," concluded Mr. Brian.
Kan Devnani stated, "Working for a company with such a strong
commitment to consistent innovation and technology adoption is
exciting to me and I am honored to accept the responsibilities of
CTO and Vice President. Comtex has a solid history of
creating and deploying products that use cutting edge technologies
to deliver easy-to-use, intuitive, and empowering products to its
clients. I look forward to helping Comtex continue on its
path of building innovative proprietary products and
platforms."
Mr. Devnani, 36, who also enjoys playing jazz saxophone, holds a
B.S. in Mathematics and Computer Science from Carnegie Mellon University and lives with his wife
in New York City.
About Comtex
Comtex (www.comtex.com) provides real-time news, Comtex
SmarTrend¨ stock market products and other
economically useful information. Comtex customers select
CustomWires®content from key sources, which is
further enhanced with stock tickers and an extended lexicon of
relevant terms. With a specialization in the financial news
and content marketplace, Comtex receives, enhances, combines and
filters news and content received from national and international
news bureaus, agencies and publications, and distributes more than
one million total stories per day. Comtex also provides
proprietary SmarTrend products to investors, including a
daily stock market preview (Morning Call), selected stock
newsletters throughout the market day, and its premier platform,
SmarTrend (available via subscription at
www.mysmartrend.com). Comtex has offices in New York City; Boston, MA; and Alexandria, VA.
SmarTrend® and CustomWire® are
registered trademarks of Comtex News Network, Inc.
Contact: Amber Gordon
agordon@comtex.com
703.797.8011
SOURCE Comtex News Network, Inc.