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FreeBalance President & CEO makes a difference in Timor-Leste


October 15, 2009

Ottawa, Canada (October 15, 2009) – FreeBalance, a leading global provider of software solutions for public financial management, recently had a unique opportunity to make a difference in the lives of 1,283 school children in Timor-Leste. Under the leadership of Manuel Pietra, President & CEO of FreeBalance, the company delivered 1,283 packages of school supplies to the Escola Primária de Fatuada in Dili.

The Timor-Leste initiative is part of the FreeBalance Cornerstone Project. The FreeBalance Cornerstone Project is dedicated to supporting children’s programs in the developing world. FreeBalance has consistently made efforts to identify projects that support and improve the lives of children in the countries where the company is active. In Timor-Leste, FreeBalance identified an urgent need for basic school necessities at the Escola Primária de Fatuada. FreeBalance provided assistance to the school authorities by rejuvenating the classrooms with a fresh coat of paint, providing calculators and dictionaries to the teachers and by donating individual school supply packages to all 1,283 school children.

“FreeBalance is committed to making a difference in the world. Our software solutions make a difference from an accountability and development perspective but we feel we can do more in the countries where we are active,” said Manuel Pietra, President & CEO of FreeBalance. “Global citizenship at FreeBalance is about our commitment to international development, active participation in the global community and social responsibility.”

About FreeBalance

Founded in 1984, FreeBalance is a for-profit social enterprise and leading global provider of software solutions for public financial management. FreeBalance solutions support government modernization, fiscal decentralization, and public finance reform. Public financial management reform is a key element of good governance and sustainable development.

FreeBalance is headquartered in Ottawa, Canada, with sales and support offices in Washington, DC (United States), Lima (Peru), Lisbon (Portugal), London (Great Britain), Pristina (Kosovo) and St. John (Antigua and Barbuda). FreeBalance solutions have been implemented in countries across the globe, including Canada, United States, Sierra Leone, Guyana, Pakistan, Mongolia, Afghanistan, Antigua & Barbuda, Timor-Leste, Republic of Kosovo and Panama.

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Doug Hadden

Doug Hadden

Executive Vice President, Innovation at FreeBalance
Doug is responsible for identifying new global markets, new technologies and trends, and new and enhanced internal processes. Doug leads a cross-functional international team that is responsible for developing product prototypes and innovative go-to-market strategies.

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