"I have worked with Matthias for more than two years. From the moment I met him, I was impressed by his natural leadership ability, intellect, business acumen, and excellent reputation within Germany's learning- and knowledge-management community", said Massood Zarrabian, chief executive of OutStart. "Matthias and his team have done a remarkable job growing our presence in the Austrian, German, and Swiss markets."

"Within the last two years, Germany has come to represent more than ten percent of OutStart's business, and Matthias has built deep relationships with our rapidly expanding customer base", added Zarrabian. "Despite the current economy, we're seeing strong European growth for OutStart, with Europe representing thirty percent of our 2008 orders. Matthias' leadership was a key to that growth, and we've promoted him to this new position to recognize his contributions."

As managing director of OutStart GmbH since its creation in 2006, Mr. Schulz has overseen rapid growth in both sales and customers, while building a sustainable, scalable business team. Since its founding, OutStart GmbH has opened offices in Berlin and Frankfurt and steadily grown a roster of clients such as Lufthansa and Sto AG that now numbers almost 100 Austrian, German, and Swiss organizations.

Along with its German locations, OutStart serves several hundred European customers - including BT, the Royal Navy and Thales - through sales and support offices in Dublin, London, and The Hague. "Our growth is fueled by organizations that realize the transfer of knowledge is crucial to improving business agility, enabling people to perform their jobs effectively and providing rapid ROI for learning initiatives", said Matthias Schulz. "By meeting the market's demands, we expect to expand our European business."