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May 3, 2021
(KITCHENER, ONTARIO, May 3, 2021) – Bonfire Interactive Ltd. (“Bonfire”), a business unit of GTY Technology Holdings Inc (GTY) and a leader in strategic sourcing and procurement software, is pleased to announce that Omar Salaymeh has been selected to assume the role as Bonfire Chief Executive Officer.
Omar joined Bonfire in 2013 during its early founding days and has been a key catalyst and driver of the company’s success since that time. His strong leadership has played a pivotal role in the company’s aggressive growth to over 450 customers as well as industry-leading performance metrics including a consistent quarterly 70+ customer Net Promoter Score (NPS). Having served in various senior leadership capacities, most recently as the Chief Client and Product Officer, Omar oversaw core strategic functions spanning customer experience and support to defining the product vision and guiding it through development and commercialization. Omar has a proven track record of building high-performing teams and was recently awarded the Meritorious Service Medal (civil division) by Canada’s Governor General in recognition for co-founding Jumpstart Refugee Talent, a non-profit organization focused on serving refugees seeking meaningful employment.
“The key to Bonfire’s success over the years has always been our amazing people and the strong culture we’ve all built together,” said now former Bonfire CEO Corry Flatt. “Omar is the embodiment of that culture and the values that have shepherded us here. His profound understanding and connection to our people, customers, and business made this an easy decision. I’m delighted to have Omar take on this important role and confident that his experience and the unique approach he’ll bring to it will usher in the next phase of growth for Bonfire.”
The selection of Omar to assume the leadership role by Corry is testament to the company’s unwavering commitment to its customers, and emphasis on product innovation to further strengthen its position as the preferred sourcing platform for state and local governments across North America.
“Public sector organizations are moving faster than ever before when it comes to the digitization of traditional procurement workflows and priorities are rapidly shifting” said new Bonfire CEO, Omar Salaymeh. “Bonfire is at the forefront of public sector procurement transformation thanks to the efforts led by Corry, and there’s no company better positioned to support procurement teams with modernization than Bonfire. As Bonfire’s CEO, my goal is to expand our long-established spirit of innovation and commitment to our valued customers in solving their most pressing challenges today, while introducing solutions that arm them for tomorrow.”
In support of innovation and commitment to customers, Corry has assumed the role of Executive Vice President of Strategy at GTY Technology Inc., the parent company of Bonfire, where he will leverage his experience to further scale growth across all GTY business units.
About Bonfire Interactive Inc.
Bonfire Interactive Inc. (“Bonfire”) is a business unit of GTY Technology Holdings Inc. and a leader in strategic sourcing and procurement software. Bonfire brings procurement online, facilitating 100% compliance, reducing cycle times, and improving transparency. Through the power of tools optimized for collaboration and in-app access to RFP insights and templates (surfaced from Bonfire’s library of 40,000+ projects), Bonfire unlocks procurement’s potential to drive greater agency impact, achieve better outcomes, and engage colleagues along the way. Bonfire’s proven history of customer-driven innovation is trusted by hundreds of public procurement teams across North America
About GTY Technology Holdings Inc.
GTY Technology Holdings Inc. (NASDAQ: GTYH) (“GTY”)) brings leading government technology companies together to achieve a new standard in citizen engagement and resource management. Through its six business units, GTY offers an intuitive cloud-based suite of solutions for state and local governments spanning functions in procurement, payments, grant management, budgeting, and permitting: Bonfire provides strategic sourcing and procurement software to enable confident and compliant spend; CityBase provides government payment solutions to connect constituents with utilities and government agencies; eCivis offers a grant management system to maximize grant revenues and track performance; Open Counter provides government payment software to guide applicants through complex permitting and licensing procedures; Questica offers budget preparation and management software to deliver on financial and non-financial strategic objectives; Sherpa provides public sector budgeting software and consulting services.
This release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. The company’s actual results may differ from its expectations, estimates and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the company’s expectations with respect to future performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside of the company’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the impact of the COVID-19 pandemic, or other public health crises, on our operations, our customers and the economy; (2) the risk that the ongoing integration of the businesses acquired in our business combination disrupts current plans and operations; (3) the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably and retain its key employees; (4) our failure to generate sufficient cash flow from our business to make payments on our debt; (5) changes in applicable laws or regulations; (6) the possibility that the company may be adversely affected by other economic, business or competitive factors; and (7) other risks and uncertainties included in our Annual Report on Form 10-K for the year ended December 31, 2020 and our subsequent filings with the Securities and Exchange Commission. We caution you that the foregoing list of factors is not exclusive, and readers should not place undue reliance upon any forward-looking statements, which speak only as of the date made. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based.