David Allocco joins HyperQuest, Inc. as Vice President

CHICAGO, IL - Apr. 14 – HyperQuest, Inc., a Chicago based Claims Automation Services Company added a new member to its executive team in April - Vice President, David Allocco. HyperQuest is proud to welcome Mr. Allocco, a dynamic professional who will help guide the Company's continued growth.

"David Allocco is an enormous asset to the HyperQuest team," said founder and President, Jeff Hogan. "He brings extensive e-commerce and management experience to our management team and a passion for excellence and superior service to our customers. We are very excited to have David with us."

As Vice President, Allocco is immediately charged with the commercialization of HyperQuest’s core business services, which includes building an excellent sales organization, managing the existing client base, and working with HyperQuest’s President & CEO in all facets of business development, including overall strategy and new market segments. Allocco brings over 15 years of experience in the areas of business development, management and organizational strategy. Most recently, Allocco worked at Nalco Company, a multi-national water treatment services company headquartered in Naperville, IL. At Nalco, Mr. Allocco held the following positions in business management and development; Worldwide Sales & Marketing Manager, Solutions Direct; General Sales Manager, Nalco Municipal; President, Degremont Erpac Canada, a Nalco joint venture.

Prior to his experience at Nalco Company, Mr. Allocco was a Global Account Manager and Senior Market Maker at FreeMarkets, Inc, a leading provider of procurement software and services. At FreeMarkets Mr. Allocco managed hundreds of multi-million dollar procurement projects in various energy, logistics, packaging, MRO, and capital equipment categories. During Mr. Allocco’s tenure at FreeMarkets, the Company grew from a venture funded, private company with less than $10MM in revenue to a profitable, public company with over $150MM in revenue.

Mr. Allocco has a B.S. degree in Chemical Engineering from the University of Notre Dame and a M.S. degree in Chemical Engineering from the University of Pittsburgh.

About HyperQuest, Inc.
HyperQuest, Inc provides P&C carriers with technologies that identify and communicate excess costs on insurance claims, thereby reducing claims cycle time and controlling cost. The Company demonstrates industry leading technical capabilities in the areas of claims process automation, automotive estimate auditing, alternative parts sourcing, and automated claims systems communications and integration.