Q2 2001

®On-Line Ventures is a Service Mark of On-Line Ventures, Inc. Registered U.S. Patent & Trademark.  No claim is made to the exclusive right to use “ON-LINE”, apart from the mark as shown.

®

Steve Getsy is the founder and CEO of On-Line VenturesÒ, a private equity investment and development firm focused primarily on information technology growth companies with a special emphasis on opportunities that utilize on-line technologies to solve business problems, increase productivity/reduce costs, or create new business opportunities.   Mr. Getsy has over thirty-five years hands-on technical and senior management experience  in the information technology industry with such leading companies as IBM (NYSE:IBM), ADP (NYSE:ADP), and Fiserv (NASDAQ:FISV).  He’s been a senior executive in a number of successful growth companies and management buyouts, completing a number of successful IPO's and strategic company sales.

After founding On-Line Ventures in 1993, Mr. Getsy was an early investor in NETCOM On-Line Communication Services and instrumental as an on site executive in developing NETCOM into the first internet services company to go public in December 1994 (NASDAQ:NETC).  Since its’ founding, On-Line Ventures has provided capital to, and helped develop, dozens of early stage on-line information technology companies, including completing IPO’s for: FreeMarkets, (NASDAQ:FMKT), Exodus Communication Services, (NASDAQ:EXDS) and Daleen Technologies, (NASDAQ:DALN).  Portfolio companies that have successfully been sold to other entities include: WiseWire, sold to Terra Networks SA/Lycos, MatchLogic, acquired by AT&T/@Home/Excite (NASDAQ:T), CyberBills, now an operating unit of MetaVente, General American Corporation (GAC), acquired by Fiserv (NASDAQ:FISV) and NameProtect, recently acquired by Computer Services Corporation. Other promising On-Line Ventures’ portfolio companies in development include 401kExchange, Dedicated Computing and E4X.  

Mr. Getsy began his career in 1967 at the IBM Mohansic and T.J. Watson Research Laboratories in Yorktown Heights, New York.  In 1969, Mr. Getsy and four other systems engineers left IBM to form a start up company, Automatic Remote Computer Services (ARCS) with the mission of building a profitable recurring revenue business through the development of  the first on-line system to automate the back office of brokerage firms on Wall Street (the "CAGE").  In 1971, ARCS was successfully sold to Automatic Data Processing (ADP).  Mr. Getsy enjoyed a 15+ year career with ADP including being the top executive for a number of ADP's strategic business units (Banking and Thrift Services, International Treasury Services, Electronic Financial Services, and Automated Payments Services).

In 1985, Mr. Getsy joined Fiserv, a privately funded management buyout, as Executive Vice President.  In a five year period, Mr. Getsy helped take the company public and through a combination of organic growth and key strategic acquisitions, developed Fiserv into a recognized worldwide leader in providing on-line services to financial institutions. Fiserv has a market cap of  $8+ Billion serving 15,000+ clients in over 70 countries.

Mr. Getsy has experience as a member of the board of directors of a number of public and private companies, often serving as chairperson of key committees such as compensation, search and audit.  He also is an investor and advisor to a number of leading private equity firms.

Mr. Getsy graduated from Indiana University of Pennsylvania with a B.S. degree in Mathematics/Education.  He also earned an M.S. degree in Computer Science from New York University and an Executive MBA from the Columbia University Business School.

Biography

Stephen J. Getsy

Helping Build Successful Information Technology Companies Since 1993