Aduva Appoints New CEO to Realize Full Potential of Existing Markets, Develop New Ones.Business Editors SUNNYVALE, Calif. & TEL AVIV Tel Aviv (tĕl əvēv`), city (1994 pop. 355,200), W central Israel, on the Mediterranean Sea. Oficially named Tel Aviv–Jaffa, it is Israel's commercial, financial, communications, and cultural center and the core of its largest , Israel--(BUSINESS WIRE)--Nov. 13, 2002 Aduva, Inc, a pioneer in balancing the ever-changing Linux ecosystem, today announced the appointment of Ilan Raab as Chief Executive Officer. New 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. Brings Market-Centric Focus, Operational Strengths Throughout his career, Mr. Raab has directed the growth of technology start-ups and has contributed to the world's most recognizable technology firms. Prior to joining Aduva, Mr. Raab was CEO of NetReality, which he grew from the start-up phase to a top acquisition target in the competitive bandwidth management Controlling the traffic flow in a network. See bandwidth manager. arena. There, Mr. Raab assembled technology into a product that won multiple prestigious awards in the US and abroad, including 2002 Product of the Year at Europe's premier networking industry event. He identified optimal markets and built a mature distribution channel spanning 40 countries, resulting in hundreds of sales to enterprises including Fortune 1000s such as Starbucks, Nike, Heinz, The St. Paul St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Anadarko Petroleum, Kroger and Domino's Pizza For Domino's Pizza in Australia, New Zealand, France, Belgium, the Netherlands and the Principality of Monaco, see . Domino's Pizza, LLC (NYSE: DPZ) (LSE: DOM) is an international pizza delivery corporation headquartered just outside Ann Arbor, Michigan, United . Previously, Mr. Raab managed Bay Networks' Optivity Network Management System, the most popular network management product in the world; served as director of product management and customer support at Bay Networks Israel; and was co-founder of DoubleDisk, a developer of online disk compression See data compression. technology that was sold to Microsoft. Taking Aduva to the Next Level With both a standalone product for the enterprise IT market and a major OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and contract with BMC Software BMC Software, Inc. NYSE: BMC, is an American enterprise management software provider, focusing on IT infrastructure applications. BMC was founded in 1980 and is headquartered in Houston, Texas. (see http://www.bmc (BMC Software, Inc., Houston, TX, www.bmc.com) A leading supplier of software that supports and improves the availability, performance, and recovery of applications in complex computing environments. .com/corporate/nr2002/091602_1.html), Aduva Vice Chairman Zev Laderman says Ilan is a strong fit to take Aduva to its next level of company maturity and market success. "Aduva's core value lies in its industry-renowned Certification Lab and resulting Knowledge Base," said Mr. Laderman. "No other company has Aduva's ability to understand the intricate conflicts and dependencies between installed components, let alone the ability to resolve those conflicts and reduce risk and Total Cost of Ownership for enterprises. Aduva's core assets, with Ilan's leadership, expertise at driving technology direction to meet market demand and his focus on operational results promise to build upon Aduva's already impressive accomplishments." "Aduva has an excellent product and technology as well as influential industry ties in a market where there is a substantial barrier to entry and significant IT pain," said Mr. Raab. "I am looking forward to the challenge of both realizing the full potential of our existing markets, and identifying and penetrating new ones." About Aduva Founded in 1999, Aduva is the only company capable of fully balancing and optimizing an enterprise's entire Linux ecosystem -- the unique combination of installed components including operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. , middleware, pre-packaged and homegrown applications. In so doing, Aduva addresses the major remaining barrier to enterprise adoption of Linux: the manageability issues posed by the ever-changing nature of open-source solutions. What makes Aduva capable of ensuring the entire Linux ecosystem is always tuned for security, integrity, and performance is its industry renowned Certification Lab. Fully automated and operating 24/7, the Certification Lab collects components as soon as they are available and runs them through a battery of tests to determine exactly how each will react with any one or combination of the tens of thousands of other components any given enterprise might have. Through these tests, Aduva has amassed the industry's most comprehensive body of conflict and dependency rules. When applied through Aduva's products, these rules ensure peak performance regardless of how or when the ecosystem is altered -- whether the IT department deploys a new component, performs a security patch A fix to a program that eliminates a vulnerability exploited by malicious hackers. See vulnerability and patch. or conducts a feature upgrade. Aduva's technological leadership is well recognized. Leading systems management organizations are working hand in hand with Aduva to deliver Aduva-powered value-added products to Fortune 1000 companies worldwide. And with recent substantial funding from BMC, Intel and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Aduva is well positioned to assist enterprises in their quest for failure-free deployments. The company's headquarters are in Sunnyvale, California; Research and Development is in Tel Aviv, Israel. To date, Aduva has secured a total of $26.5 million in funding, including $18.7M in late 2002. The Company's investors include BMC, Intel, IBM, The Capital Group, Cap Ventures, Evergreen and private investors. |
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