Lee T. Olsen
Founding Partner

Lee Olsen is an internationally recognized eBusiness pioneer and visionary credited with coining the phrase "Multimedia Computing" during his impressive 22-year career at IBM. This worldwide recognition has helped Mr. Olsen establish business relationships globally. Considered one of the world’s top eBusiness consultants, he is known for his work in the development of Internet and eBusiness applications for national and regional governments and corporations.

Most recently as CEO of Meta4 Group, Mr. Olsen reorganized Magnus Global Consulting to focus on more international eBusiness. Clients include Aventis AG, a German, French and US company that is now the 3rd largest pharmaceutical company in the world. After consulting for Aventis’s CIO on corporate strategy, he became the overall project director for building the highly visible $20M www.aventis.com while overseeing four consulting companies, running the project at the Swedish based company IconMedia Labs.

While VP of Business Development at CoreCommerce, Mr. Olsen worked closely with Granger Whitelaw to author partnership strategies and build strategic relationships between CoreCommerce and Hewlett Packard, Sun, Sapient, Lante, NexGenix, Expedior as well as others to develop sales channels for CoreCommerce’s million-dollar Business-to-Business software.

As COO and a founder of EOCnet.com, Mr. Olsen, again in partnership with Mr. Whitelaw, successfully licensed the assets of this electronic offshore commerce company to London Telecom doing eBusiness as www.oeBusiness.com. He has been interviewed by multiple publications regarding the success of EOCnet.com, including Business 2.0, Wired, Financial Times and CFO magazine. He continues as CEO of the holding company, EBS Ltd., managing the ongoing relationship with oeBusiness.

Mr. Olsen formed EBS Ltd. in 1998 with two partners, and built the business into an innovative eCommerce holding company. He and Mr. Whitelaw were the driving forces behind the EBS Act of 1999, the first eCommerce Law in Bermuda, which included legal opinions from the USA, Europe and Japan. It is considered to be the most advanced eCommerce law in the world today and its legal structure is trademarked as “eSuites.” This law has been the benchmark for many countries trying to build an eBusiness infrastructure.

During this time, Mr. Olsen helped form partnerships with PriceWaterhouseCoopers, Visa, Sterling Commerce, Bank of Bermuda and Midi Corp. He promoted EBS and EOCnet.com through numerous speeches and interviews in North America, South America, Europe, Japan, Australia and Caribbean countries.

Mr. Olsen previously formed Magnus Global Consulting, Inc., considered to be world experts implementing Multimedia and eBusiness applications. Projects included Web strategy for Europe’s second largest retailer, the German-based Karstadt and their eMall website www.my-world.de; strategy development and project management of software training courses for Dupont’s Automotive Refinishing Division; eBusiness software evaluation for National TechTeam call centers. He also acted as President and CEO of WorldGlobe, a payment processing company funded from Canada doing business in Bermuda, and has managed numerous research studies for several international clients on eBusiness trends and user demographics.

In his decidedly untraditional executive tenure at IBM, Mr. Olsen moved from marketing to project management to development to consulting for IBM’s roster of Fortune 500 clients. From the earliest days when he headed up the IBM interactive video think-tank to addressing IBM’s advanced systems and process training requirements and later eBusiness website development, applications and processes that Mr. Olsen created in the 1980s and early 1990s remain un-eclipsed today.

Mr. Olsen is an experienced public speaker having presented in over 60 countries. He has shared expert panels with recognizable CEO’s such as Barry Diller (USA Networks, QVC, and the Home Shopping Network), Edgar Bronfman Jr. (Seagram’s, MGM Studios and MCA Music) and Lou Gerstner (IBM). He has also authored white papers regarding the effectiveness of multimedia and presented these to over 400 organizations, conventions and meetings around the world. His work has become the basis for many corporate programs. He has also consulted on multimedia application development to over 20 companies.

 

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