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Triple Point Names K. Oni Chukwu as Chief Financial Officer

Addition of seasoned CFO rounds out experienced Triple Point management team committed to rapid, sustained worldwide growth

Triple Point Technology, the leading global supplier of cross-industry software platforms for the supply, trading, marketing and movement of commodities, announced today it has named K. Oni Chukwu as its new chief financial officer.

Chukwu brings to Triple Point a distinguished record in leading sustained financial and operations growth for market-dominating enterprise software businesses. Most recently, he served as CFO of Netkey Inc., a market leader in the development of enterprise software solutions for automated kiosks and digital signage used by major global retailers. At Netkey, Chukwu was instrumental in establishing the company-wide financial infrastructure that led to record revenues, profitability and sustained cash flow growth.

“Oni adds a wealth of knowledge and experience in bringing market-leading software providers to the next level of global growth and profitability,” said Peter Armstrong, president and CEO of Triple Point Technology. “He is an important addition to an already solid, deep executive management team, and his financial leadership puts us in a stronger-than-ever position to meet and exceed our aggressive profit and balance sheet goals.”

Chukwu is now responsible for Triple Point’s global finance and banking, financial reporting, budgeting and analysis, investor relations, human resources and other administrative functions worldwide.

“Triple Point possesses all the attributes of a company positioned for rapid, sustained global growth,” said Chukwu. “It has established product superiority, a growing world-class client base, unmatched industry expertise, and a high-performance workforce committed to outstanding customer satisfaction. Whether in existing markets such as energy, softs or metals or in newly emerging markets like renewable fuels, this is a powerful company poised to continue increasing market share and profitability in the years ahead.”

Prior to Netkey, Chukwu was CFO of Eventra Inc., a leading developer of supply-chain management software solutions for Fortune 500 companies. Before Eventra, he served as CFO of Healthcare Software Synergies Inc., a leading software provider to large healthcare organizations that was acquired by United Healthcare (NYSE: UNH), the largest HMO in the US.

Chukwu holds an MBA from The University of New Haven and is an Advisory Board member of the business school.