5 May 2019 – Cairo, Egypt – ITWorx announced today that Youssri Helmy who founded ITWorx with Wael Amin in 1994 and served as its Chairman from 1994 until the EuroMena Funds majority acquisition of ITWorx in 2007, has been named Chief Executive Officer.
A serial entrepreneur and investor, Youssri spent the last 15 years in Silicon Valley founding and growing startups. In addition to the EuroMena Funds transaction which he led, Youssri’s other notable achievements at ITWorx include spearheading the NetCelera spin-off and $43M acquisition by F5 Networks, creating, launching, and exiting LaserStorm and Otlob.com.
“During my time in Silicon Valley, I personally witnessed and participated in tiny ventures that grew to multibillion-dollar businesses. I saw the similarities and differences between ITWorx and those companies, and I strongly believe we are more than capable of achieving comparable success.” Said Youssri Helmy, ITWorx Founder & CEO. “We’re uniquely positioned to be able to dream big and to execute on those dreams; very few people in our part of the world can make both claims. We can do it and we have what it takes”, he continued.
With a 25-year track record in building award-winning IT solutions and products, ITWorx is a digital transformation partner, trusted by some of the biggest companies in the world. The company employs over 800 experts, and operates globally through 10 offices in the US, Egypt, Saudi Arabia, and the United Arab Emirates.
In addition to being CEO at ITWorx, Youssri advises and serves on boards of several startups and venture capital firms in Egypt and Silicon Valley; he graduated from Cairo University with a bachelor’s degree in engineering.
About ITWorx
ITWorx builds technologies that make people happier. Our Corporate OS solutions suite makes customers happier by unifying the digital experience with their favorite brands, teams happier by keeping everyone on the same page, and marketing managers happier by enabling live enterprise-wide insights. In fact, our 850+ experts have been proudly building solutions that make millions of customers, employees, students, citizens, and stakeholders happier for 25 years.
For more information on ITWorx, visit www.itworx.com or contact
Ibrahim AbdelGhany
Marketing Communications Manager
[email protected]