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Management
Fernando Alvarez
Abaco's Executive Chairman and Founder, Fernando Alvarez, established
Abaco in 1989 in Puerto Rico. By the end of 1994, he had established Abaco
as the leading provider of mobile enterprise system consulting and software
design on the island with multiple clients and multimillion dollars in
revenue.
In 1997, Mr. Alvarez, recognizing the market potential for Abaco's products,
decided to take Abaco to the mainland and opened an office in Atlanta.
In 1998, Ernst &Young recognized Mr. Alvarez as the Puerto Rico Entrepreneur
of the Year. Abaco expanded its presence internationally in 1999 by opening
offices in The Netherlands and the United Kingdom.
In 2000, Mr. Alvarez completed a round of financing for Abaco from industry
leaders and venture capitalist institutions such as Benchmark Capital,
Noro-Moseley Partners and SAP Ventures. Mr. Alvarez was also honored that
year as one of the 100 most influential Hispanic business leaders by Hispanic
Business magazine. Respected throughout the industry as a leader in the
mobile enterprise space, Mr. Alvarez is a frequent guest lecturer at industry
events around the world. Mr. Alvarez graduated from American University
in Washington, D.C. and holds a law degree from the Inter-American University
of Puerto Rico
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