StarCite Inc. today announced that Richard J. Fagan has joined the organization as chief financial officer, responsible for overseeing all financial and legal functions for the fast-growing company. “It’s a pleasure to welcome Rich to StarCite,” said Michael Boult, president and chief executive officer of StarCite. “Rich brings to StarCite deep and broad experience and proven strategic leadership skills. His expertise as a seasoned public company chief financial officer will be extremely valuable to StarCite as we move into a significant growth phase of our company. Rich’s successful track-record in driving and communicating shareholder value based strategies in a high technology environment makes him a key addition to the StarCite management team.” Previously, Mr. Fagan served as chief financial officer of InterDigital Communications Corporation (NASDAQ:IDCC), a highly successful licensor of wireless technology, for nearly nine years. During his tenure as CFO of InterDigital, the company’s market capitalization increased from approximately $200 million to more than $1.5 billion. “I am excited to join the management team of StarCite at such a critical point in the company’s growth cycle,” said Mr. Fagan. “I look forward to providing leadership to the organization that will help drive significant value creation through the achievement of significant growth in revenue, cash flow, and profitability.” Prior to his role at InterDigital Communications, Mr. Fagan served as controller and treasurer of Quaker Chemical Corporation, a multi-national specialty chemical company and held a series of senior accounting and finance positions with Scott Paper Company. Mr. Fagan holds a B.S. in Accounting from the University of Delaware and a MBA from Drexel University. He is also a Certified Public Accountant and Certified Management Accountant.