3Tera Announces Changes to the Management Team.ALISO VIEJO, Calif. -- 3Tera, Inc., the leading innovator of grid computing grid computing, the concurrent application of the processing and data storage resources of many computers in a network to a single problem. It also can be used for load balancing as well as high availability by employing multiple computers—typically personal and utility computing (1) Pay-per-usage processing provided by a service organization that uses its own computers and facilities. Customers access the computers via a private network or over the Internet and are charged according to how much computing time they use, such as CPU seconds, minutes or hours. services for web applications, announces today the following executive changes effective September 4, 2007: * Barry X Lynn, Chairman, has assumed the additional role of Chief Executive Officer. * Peter Nickolov, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. , has been named President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . * Eric Tessler has been named VP of Engineering. The changes follow the sudden passing of 3Tera's founder and utility computing visionary Vladimir Miloushev, age 45, from a brain aneurysm brain aneurysm Cerebral aneurysm Neurology A dilated and weak segment of a cerebral artery, often located in the circle of Willis at the base of the brain, which is susceptible to rupture; BAs may be caused by birth defects or follow poorly controlled HTN Clinical on August 30. Barry X Lynn, 3Tera Chairman and newly appointed CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , commented: "Vlad was a brilliant, extraordinary visionary who will be missed by everyone that knew him. He built a strong company by surrounding himself with exceptional people. 3Tera is strong and fully capable of not only achieving its goals, but exceeding them." "For twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. Vlad has been my mentor, my friend and an extraordinary person that I've always looked up to," said Peter Nickolov, president and COO of 3Tera. "What we have built together is in good hands. 3Tera has a great and very capable team. Our development roadmap remains on track. AppLogic is already setting the standards for true utility computing, enabling more and more companies to scale computing effortlessly." Barry X Lynn has assumed the role of Chairman and CEO of 3Tera. Prior to joining the company he has been president and CEO of Be eXceL Management, Inc. Prior to founding Be eXceL, Barry was with Wells Fargo & Co. for 16 years, where he held numerous positions, including President of Wells Fargo Technology Services and CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. of Wells Fargo & Co. where he implemented the first online banking system completely based on Internet technology. Peter Nickolov, who has assumed the role of President and Chief Operating Officer, also serves as CTO of the company, a post he has held since the formation of the company in 2004. He is one of the principal inventors of 3Tera's core technology who designed and led the development of AppLogic grid operating system. Peter is a serial entrepreneur Serial entrepreneur Business person that successfully starts (does not kill) a number of different businesses. who has founded four technology companies. He brings to 3Tera 20 years of experience as technology executive combined with technical expertise in operating systems, real-time software, networking and storage. Peter has authored 24 patents and has over 30 innovations in the areas of operating systems, multithreading Multitasking within a single program. It allows multiple streams of execution to take place concurrently within the same program, each stream processing a different transaction or message. , kernel mode and real-time software, network protocols, file systems and computing resource aggregation. Prior to 3Tera, Peter founded Z-force, a storage networking startup, and served as the VP Software for the company until May 2003. Eric Tessler, the newly appointed VP of Engineering, has more than 12 years of experience in object-oriented software development to define and deliver new product concepts that transform the way users work with computers. As VP of Engineering at 3Tera he will be responsible for leading the engineering team and all product development. Eric has been with 3Tera since the company's founding, and before taking the VP of Engineering position, was Lead Software Engineer in 3Tera's core engineering team responsible for the development of the AppLogic grid operating system. Prior to 3Tera, Eric was Lead Software Engineer within the scalable file system group at Z-force, where he built an aggregated file system combining multiple file servers for increased capacity, high availability and performance. Before Z-force, he worked as a Staff Engineer in Object Dynamics, developing Windows user and kernel mode components and applications, Embedded NT utilities and user interfaces for various systems. Eric has a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in Computer Science from California State University Enrollment  at Fullerton.
About 3Tera, Inc. 3Tera, Inc. is an innovator of grid and utility computing, simplifying the deployment and scaling of Web applications. Named a 2007 Category Breaker by NetworkWorld magazine, 3Tera's AppLogic grid operating system enables the first true utility computing services that completely remove the cost and complexity associated with infrastructure. The operating system converts commodity servers into scalable grids on which users can visually operate deploy and scale transactional Web applications without any modification of code. Software-as-a-Service providers, Web 2.0 companies, enterprises and open source developers can now get new online services quickly to market by utilizing resources from commodity hosting providers on a pay-as-you-go basis Pay-as-you-go basis A method of paying income tax in which the employer deducts a portion of an employee's monthly salary to remit to the IRS. , while maintaining complete control of applications including visual operation, scaling and on-demand resource provisioning. For more information, visit www.3tera.com. 3Tera, the 3Tera logo, and AppLogic are trademarks or registered trademarks of 3Tera, Inc. in the United States and other countries. Other company names and marks belong to their respective owners. |
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