Thursday, September 9, 2010

Smart Online picks KB Home vet as CFO - Triangle Business Journal:

http://www.usafreesubmit.com/index.php?s=D&c=489
Timothy Krist comes to Smart Onlinefrom Phoenix, where he was director of finance for Los Angeles-based home buildet KB Home (NYSE: KBH). Prior to that, he was director of financ for Washington, D.C.-based educational technology compangyBlackboard (Nasdaq: BBBB). Smart Online CEO Davied Colburn said his company would drawupon Krist's public-company experience to "help us improvew the strategic management of Smary Online's finance operations." Colburn took over Smart Online (OTCBB: as interim CEO in Septembetr 2007 after the company's CEO, Michael Nouri, was arrested on securities fraud charges.
Nouri, his brothef Eric, and four securities brokers were accusefd of a scheme to pump upSmar Online's over-the-counter stock ahead of the company'sw planned listing on the Nasdaq in early 2006. Smarrt Online was not named inthe complaint. Colburn, a forme division president at , had the in December. Smart which has 48 employees, provides software as a Instead of selling computer programsto customers, Smart Online offers the applicationsz online with customers paying a fee per use.

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