iDIRECT NAMES NEW CHIEF EXECUTIVE OFFICER

Tech industry veteran Mary Cotton to lead accelerated growth strategy worldwide

Alexandria, VA, 22 August, 2007— Vision Technologies Systems, Inc. (VT Systems) today announced the appointment of Mary Cotton as chief executive officer of its subsidiary, iDirect Inc.  Ms Cotton, an experienced high-tech leader and growth strategist, will succeed current Chief Executive John Kealey effective 19 September 2007.  The appointment signals iDirect’s deep commitment to expanding its current industry leadership position into new global markets and industry applications.
 
Ms Cotton brings more than 18 years of technology leadership, creating and driving growth in previous roles as Chief Executive Officer (CEO), Chief Operating Officer (COO) and Chief Financial Officer (CFO) in various organizations.  She currently serves as Senior Vice President with SAP, the world’s largest business application software company.  Cotton joined SAP in 2005 after she orchestrated the sale of Frictionless Commerce, a provider of supplier relationship management software, where she served as CEO.

Prior to SAP, Cotton held several top management positions over 17 years, including COO and CFO, at Aspen Technology Inc. (AspenTech), a provider of software and services that help companies improve their manufacturing processes.  There she executed a growth strategy building AspenTech from a $6m private company to a $320m publicly traded international solutions provider.  The strategy focused on continued product development and innovation, international market expansion and the acquisition of more than 20 software and services firms.

"I am excited to join iDirect at this time and, together with the iDirect team and its board, guide the company on an accelerated growth path. I am looking forward to leveraging the strong team culture that built a thriving company armed with a superior product line and a reputation for contributing significantly to its worldwide partners' business success. iDirect is well-positioned to strengthen its current market leadership and pursue new, very promising business opportunities.”

~ Mary COTTON
Incoming Chief Executive Officer, iDirect

“As iDirect continues to realize rapid global expansion and growth, the appointment of Mary Cotton is an important strategic move, adding a new leadership dimension to the company’s strong management team. Her proven experience leading successful growth strategies and building global, talent-rich organizations will immediately help iDirect achieve its ambitious goals.” 

~ Gen (Ret) John COBURN
Chairman and Chief Executive Officer, VT Systems

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iDirect, a company of VT Systems, designs, develops, and markets satellite-based broadband access solutions targeted at the enterprise, government, carrier and educational sectors that have the need for fast, flexible, and geographically dispersed two-way internet/intranet access. The company has developed technology solutions that combine high performance, worldwide availability, ease of installation, high reliability, and low cost to end customers. In addition, iDirect solutions offer unprecedented efficiencies, increased revenue opportunities and higher per customer gross margins to satellite network operators. iDirect was awarded the 2005 World Teleport Association Teleport Technology of the year, the Innovation & Technology of the Year by The ISCe Advisory Board, and named number one in the Deloitte & Touche Virginia Technology Fast 50 list of the fastest-growing U.S. technology companies. iDirect operates its corporate headquarters in Herndon, Virginia and has regional offices in Europe, Asia, and covering Latin America. Additional information is available on the company website at www.idirect.net.

VT Systems and its subsidiaries are preferred providers of engineering solutions, products, integrated systems, and services in the Americas across the core business areas of marine, aerospace, electronics and land systems. Headquartered in Alexandria, Virginia, VT Systems operates throughout North America and offers a broad range of proven innovative services to both the commercial and government sectors. VT Systems is a wholly owned subsidiary of Singapore Technologies Engineering Ltd.
Please visit www.vt-systems.com.


Media Contact: 

Carol Hrovoski
Corporate Communications Manager
VT Systems Inc
Phone:  703-739-2610
Email:  chrovoski@vt-systems.com